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    UK online gambling White List no more Bodog gets UK gambling License/ AGCC public hearing July 26

    Posted by Quad Jacks July 14, 2011

    This blog outlines the news today released in the UK about changes to gambling laws, Bodog being the first to be approved for the new UK gambling license and operating exclusively on www.bodog.co.uk for UK consumers and finally the Public hearing regarding AGCC taking full tilt poker’s license on July 26 with details of location, time and an outline of somethings that will be announced on the day.

    Today July 14th www.onlinecasinoreports.com reported that the UK will be changing its gambling laws, replacing the ‘white list’ system, for those that do not know the white list system currently allows operators licensed in the European Economic Area as well as in jurisdictions that the UK Gambling Commission recognise as legit to serve UK consumers. The new system to be introduced will be similar to what France and Italy have in place in which they do not settle for any offshore license and will instead require domestic licenses. This was announced today by Economic Development Minister, the UK official responsible for gambling, John Penrose.

    It had been made clear for a while now that changes would be to the remote gambling laws within the UK, although recent developments in America have probably sped up the process with the Alderney Gambling Control Commission a White Listed jurisdiction suspending Full Tilt Pokers license. The changes being made will require companies wanting to access the UK gambling market to apply for a UK license.

    The new changes are being enforced to protect UK consumers who are currently using overseas operators meaning UK consumers will no longer have to deal with licenses in foreign languages. The new changes will also assist local companies, who are in competition with foreign companies that do not pay similar taxes. Mr Penrose said in his statement: “Overseas competitors benefit from access to the market in Great Britain without bearing a fair share of the costs of regulation, or of research, education and treatment of problem gambling.”

    Mr Penrose also confirmed that remote gambling is to be regulated on a point of consumption basis, so that all operators selling into the British market, whether from here or abroad, will be required to hold a Gambling Commission license to enable them to transact with British consumers and to advertise in Great Britain

    My overall thoughts on the changes being made to UK gambling laws are all good ones, I believe it is about time changes were made to benefit the UK community as players will soon be able to know who the site have specifically been licensed by and then research the commission to see how legitimate they are, as we all know there are currently many sites out there who are gaining licenses from commissions who have terrible reputations but also issue their licenses in a foreign language, by sites having to apply for UK licenses every license will be displayed in English for everyone to read and feel confident knowing the site has been investigated by a UK commission before being issued a UK license and being able to operate within the UK, as opposed to previously where sites were able to operate within the UK as long as they held a relevant license which potentially harmed the UK community with a lot of unknown sites seeming to come and go in relatively quick time periods. Without these companies obtaining a UK gambling license they will not be able to transact with British consumers or advertise within Great Britain which could result in high percentages of player databases on sites dropping if they fail to obtain a UK license. Although these changes will probably not be implemented until 2012 earliest which means current laws will stay in place for the mean time.

    If you would like to read the article from www.onlinecasinoreports.com it can be found at the following link http://www.onlinecasinoreports.com/news/theheadlines/2011/7/14/uk-online-gambling-white-list-no-more.php

    In other news today following the first part of this blog with regards to the statement made by John Penrose it has become clear Bodog are the first bookmakers to gain the approval to operate under the new regulations. Bodog UK received the remote and non-remote gaming license from the UK Gambling Commission and Bodog will now operate from Bodog.co.uk exclusively for customers in the UK.

    Upon being approved by the UK Gambling Commission, Bodog UK CEO Patrik Selin had this to say “Holding a licence granted by the world’s most robust and respected regulatory regime is a huge springboard from which Bodog UK can launch. The credibility and trust that the UK already enjoys in the online gaming industry is immeasurable. To be able to launch Bodog UK with these licences in place is a huge bonus for us and not only will it benefit our customers but will also allow us to attract the best talent in the industry to work with us.”

    In my opinion this is great news for Bodog who are now able to operate unhinged in the jurisdiction of the iGaming Universe in London which is extremely beneficial as this will also allow Bodog to potential lucrative sponsorship deals with football (soccer) teams that will increase the brand image which potentially equals a customer database increase as football is the most watched sport within the UK, and by Bodog having their logo around football stadiums or on football shirts it will definitely benefit Bodog, Bodog will also have the ability to advertising contracts by gaining this license, where as anyone that doesn’t have one of these licenses will risk future factors with lucrative football shirt sponsorship deals and advertising contracts.

    I expect now that many reputable companies will follow the lead of Bodog and jump on the UK Gambling Commission bandwagon.

    If you would like to read this article you can do so on the following link http://calvinayre.com/2011/07/14/business/bodog-gets-uk-gambling-license/

    To finish this latest blog today I was able to find out more details on the public hearing taking place July 26th regarding Full Tilt Poker, the start time will be 10am at The Park Plaza Victoria Hotel, located in Victoria, London. “The purpose of the hearing will be to make public evidence from both AGCC and Full Tilt regarding the suspension of Full Tilt’s licence and to adjudicate the findings transparently”. “AGCC’s choice to hold a public hearing in to the future of Full Tilt Poker demonstrates our willingness to act transparently and we will welcome members of the public and the media. As ever at all times, our primary concern is the protection of the player”. This information was released in a brief statement from the AGCC. I for one also hope that information regarding the takeover may also be announced due to the due diligence period coming to an end 5 days before the hearing takes place, although I would not be surprised if this was just a short hearing explaining what will happen next with Full Tilt regarding their license. I will be attending this hearing on the day and will follow up with a blog outlining everything that was said on the day once I arrive home.

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