The UK Gambling Commission published a paper this week confirming its support of in-play betting.
UK.- The UK Gambling Commission published a paper this week confirming it supports in-play betting. The paper concluded that no regulatory adjustments were necessary, as it was deemed that the controls of the current framework were sufficient.
The UKGC expressed that in-play betting does not cause unacceptable risks to fairness, although the regulator did warn that bettors should be sufficiently made aware of their own positions in comparison with other bettors and operators.
The commission added that it is the operator’s responsibility to ensure that customers are made aware of any information deficit or built-in time delay to the systems they are using.
“We are aware that some countries have taken a more prohibitive approach towards in-play betting, for example, by restricting the markets that are available or the means by which in-play bets can be placed,” said the UKGC. “However, in exercising our functions under the Gambling Act 2005 we are obliged to permit gambling in so far as it is conducted in a manner that is consistent with the licensing objectives.”