The UK Gambling Commission has taken a proactive step toward promoting responsible gaming practices by launching a fresh website hub that aims to educate operators on their obligations when entering into business relationships with non-licensed entities, including white-label partners.
The hub provides well-defined recommendations and expectations for engaging with third parties, ensuring compliance with the License Conditions and Codes of Practice (LCCP). One can find this hub in the compliance section of the Commission’s website.
Enhancing Compliance Efforts And Reducing Enforcement Actions
The primary objective of the newly launched hub is to strengthen operators’ compliance efforts and mitigate the risk of potential enforcement actions by the Commission. Over the past months, the UKGC has taken a number of enforcement measures against several operators for “failures” in conducting due diligence checks on third parties.
In a specific case, SkillOnNet was found to have violated multiple provisions in the LCCP, resulting in an order to pay £305,150 in May. The violations took place between January 2021 and December 2022, as determined by the Commission.
Promoting Compliance And Responsibility
The launch of this comprehensive hub is crucial in ensuring that operators are fully aware of their obligations when engaging with non-licensed entities. Indeed, this new-fangled site should certainly be of interest to renowned operators such as Wink Slots Casino, who have no doubt already partnered up with third-party sites. Thanks to this practical hub, useful and transparent instructions will be outlined, so that practices are both legally compliant and safe.
According to the LCCP, it is the responsibility of all operators to oversee the actions of the third parties they conduct business relationships with. This entails ensuring that these third parties comply with the same set of rules and regulations that apply to the licensed operator itself. These rules cover various aspects, including measures against anti-money laundering and those promoting social responsibility. The license holder retains the authority to terminate the contractual agreement with a third party if they breach the LCCP.Clear Responsibility of Gambling Website Compliance
The hub emphasizes that the responsibility for compliance with gambling regulations, even with white-label sites, falls solely on the operator and not on any other party involved. Operators must conduct their business in a way that aligns with licensing objectives and complies with LCCP. Failure to do so may result in the intervention of the UK Gambling Commission.
The Commission reiterates its commitment to closely monitor licensees engaged in business relationships with third parties. This monitoring ensures that operators maintain compliance with established guidelines and regulations.
The launch of the hub serves as a reminder from the Commission to operators about the importance of prioritizing rigorous due diligence procedures and ensuring a thorough comprehension of what is expected of them when dealing with third parties.
Promoting A Safer Gambling Environment
The unveiling of this website demonstrates the UK Gambling Commission’s dedication to nurturing a transparent and responsible gambling industry. It offers operators a centralized platform to obtain information, guidelines, and best practices for establishing partnerships with third parties. By facilitating operators’ comprehension of their responsibilities, the Commission aims to foster a safer and more responsible gambling environment in the UK.
In conclusion, the newly unveiled website hub by the UK Gambling Commission serves as a valuable resource for operators, offering clear guidelines and expectations when engaging with third parties. Operators are encouraged to prioritize compliance efforts, adhere to the LCCP, and conduct robust due diligence procedures to ensure responsible and transparent gambling practices. Ultimately, the hub represents a significant step forward in achieving the Commission’s objectives of promoting a safer environment within the UK gambling industry.
