Gambling Act 2005
Gambling within the UK is regulated by the Gambling Act 2005 which since its inception has simplified the process for people who wish to gamble.
There is no longer any red take as players who wish to gamble can simply sign up online or walk into a casino and start gambling.
I heard that you needed to wait 24 hours?
The previous legislation had a requirement that you could only start gambling in a casino 24 hours after you had signed up to become a member. This has now been abolished by the 2005 act. This qualification however was never in place in relation to online gambling as it was only concerned with gambling in casinos meaning that anyone could sign up and start gambling online.
What else has the Gambling Act 2005 established?
Casinos based in the UK
The Gambling Act 2005 now enables online casinos to be based in the UK although given the tax advantages of places such as Gibraltar it is however unlikely that many of them will relocate back to the UK.
The Gambling Commission
The Gambling Act 2005 established the Gambling Commission which has been put in place to regulate commercial gambling in the UK. The Gambling commission is a non-departmental public body (NDPB) which is sponsored by the Department for Culture, Media and Sport (DCMS).
The Gambling Commission has the following functions:
Publication of guidance and advice
Licensing, compliance and enforcement
The Gambling Commission and Online Gambling
All operators of remote gambling, i.e. online gambling, telephone gambling are required under the Gambling Act 2005 to be licensed. The licence does not depend on whether the operator is providing gambling online but is in relation to the specific activities that they provide online. A separate licence will be required for each of the following activities:
Do gambling websites abroad have to be licensed?
Gambling websites which do not have their remote equipment based in the UK will not have to be licensed by the Gambling Commission.
What if their products are being advertised in the UK?
If the online gambling products from websites based outside of the UK are being advertised within the UK the website must be based in one of the whitelisted countries or a country mentioned in the Gambling Act 2005.
For more information on:
- Do I need a licence to use online gambling websites?
- Conditions imposed on Licensees and Codes of Practice
- Conditions imposed on licensees
- Codes of Practice