The UK Gambling Commission proposal for conversing the British remote gambling scene to a Point of Consumption structure was released on Monday.
The draft Bill will now undergo a period of pre-legislative scrutiny by the Culture, Media & Sport Select Committee, but the Gambling Commission expects the Bill to be introduced in the third session, Parliamentary time allowing.
Key issues of the draft legislation, published on the UK Gambling Commission's website, read:
- Protection of British-based users of remote gambling services, including online bingo, casino websites or telephone betting, and its regulation on a point of consumption basis.
- Gambling Commission license will be a must for all operators, local and overseas, selling into the British market
- Overseas-based operators will be required to inform the Gambling Commission about suspicious betting patterns involving British customers as well as contribute to research, education and treatment related to British problem gambling and regulatory costs.
As Hugh Robertson, acting Minister for Sport & Tourism, said: “These proposals will ensure that British consumers enjoy consistent standards of protection, regardless of where a gambling business is based, and will also help the fight against illegal activity and corruption in sports betting.”
“We welcome the proposed changes as currently we regulate less than 20 percent of online gambling by British consumers and cannot insist on overseas operators providing us with information about suspicious sports betting transactions,” said the Chairman of the Gambling Commission, Philip Graf.