UKGC wants to make rapid progress in a number of key areas in implementing the White Paper

UKGC wants to make rapid progress in a number of key areas in implementing the White Paper

Last week the UK published its long-awaited review of the Gambling Act of 2005. The white paper seeks to bring legislation governing the gambling sector into the digital age. For its part, the U.K. Gambling Commission aims to make rapid progress in a number of key areas, although it acknowledges that full implementation of the White Paper will take several years.

Tim Miller, executive director of the UKGC, outlined the Commission’s views in a blog post on its official website. He noted that despite the work ahead, the regulator would not be distracted from continuing to work vigorously to comply with existing requirements. Miller said, Where gambling operators are not complying with our regulations, we will continue to take steps to protect consumers and raise standards, while playing our part in the government’s ambition for gambling reform in the digital age.

Many of the White Paper’s proposals must go through a consultation period. Miller confirmed that the first licensing terms and sets of rules associated with the released document will be published this summer. He added that pre-consultation engagement with stakeholders in a number of areas will begin in the summer.

Miller also said: The scope of work outlined in the formal document is significant, and rightly so. It will be a dominant initiative of the Commission over the next several years as we go through the design, implementation, evaluation and review phases.

Regarding the real changes in regulation of the sector resulting from the release of the white paper, Miller said, The government has published a white paper outlining how it wants to change the regulation of gambling. At this point, however, the current rules and regulations remain the same until changes are made through consultation or legislation.

Recall: Caesars reports positive results for the first quarter of 2023.

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