Gambling News

The new Gambling regulations are here, but they won’t have much effect online. The Register explains:

As for the Gambling Act, it doesn’t do an enormous amount, as (naturally enough) it can only regulate UK businesses. If you see a Gambling Commission logo on a betting site, it means the operation is licenced in Britain and includes certain safeguard options, including links to gambling-support groups and spending limits, self-barring etc.

Of course, the commission logo also means the operator is paying a 15 per cent UK levy: or more accurately its customers are. If you really like your gambling - enough that you do it a lot - an offshore operation could well <cough> be a better bet. There is also a voluntary good-practice badging scheme for the offshore betting biz, called GamCare.