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Checklist for British iGaming Licence

25 may 2022
Author: James Burton
Source: www.yogonet.com
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Slotegrator, a frontman aggregator, presented useful data related to gambling regulation in the UK. The Casino Market team offers the most important of these analytics.

Gambling regulation in the UK: casino licences

UK’s Marketplace

The organisation notes that the British market is the largest and most lucrative in Europe. It currently employs more than half a thousand successful operators.

In the fiscal year 2020−2021, the country earned more than $ 9.3 billion from iGaming. That is 3 times more than the second European market — Italy.

Permit’s Demands and Types

To work legally, operators have to get a licence from the Gambling Commission. This permission is granted after checking the company’s respect for certain requirements:

  • ability to fulfil licensing standards;
  • the possibility of providing services through complex inspections;
  • the enabling of all documentation.

Also, Slotegrator talks about 5 different digital licences for:

  • casinos;
  • virtual cases;
  • real events;
  • sports lottery;
  • bingo.

Rules from the Market Leader

The British Commission has 2 main considerations for evaluation. These involve:

  • the capacity of companies to support licensing targets;
  • the chances of working in a legal field.

The whole list of UK marketplace standards and the obligations necessary to comply are set out in the License Conditions and Codes of Practice (LCCP).

iGaming work permits are valued not only by operators but also by their customers. This is a direct indicator of the fairness of organisations and their ability to run legitimate businesses.

Source: www.yogonet.com
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