With the rise of online gambling and its increased popularity, the United Kingdom decided to review its gambling laws. To reflect and adapt to the changes in the industry, the UK Gambling Commission was set up. This regulatory body oversees different kinds of gambling, such as real money slots, table games, sports betting, bingo, the lottery, and more.
We’ve outlined a brief timeline of UK Gambling Commission milestones below:
2005 - The UKGC is created under the Gambling Act.
2007 - Even though the Commission is established in 2005, it is only two years later that it comes fully into effect.
2013 - The National Lottery is now also regulated by the UKGC.
2014 - The Gambling Act is updated. Casinos that want to accept players from the United Kingdom have to obtain a UKGC license. This creates a list of legal UK casinos.
2018 - The UKGC states that previous responsible gaming guidelines are now requirements. Players must be able to see their gambling history, how much they’re depositing, and set daily, weekly, and monthly spending limits.
2019 - New rules come into place around Know Your Customer (KYC) checks. There is an increased effort to address money laundering, fraud, and underage gambling.
2020 - Credit cards at land based and online casinos are banned, after the UKGC finds that a big percentage of problem gamblers use credit cards.