Believing These 7 Myths About Monitor Online Slot Sites? Keeps You From Growing

Are there organisations that Monitor Online Slot Sites?

Unfortunately, it’s a reality that if online casinos and digital slot sites were not strictly monitored and regulated, fraudulent activity would be rife. Although the vast majority of online casinos and slot sites are genuine and simply want to offer their users enjoyment, there’s always a small minority that seeks to scam. For this reason, the UKGC (UK Gambling Commission) exists, ensuring that digital sites abide by all the rules and regulations.

Firstly, online slots sites are legally required to obtain and display a licence from the UKGC just to provide their online service in the first place. This licence enables them to adhere to the highest possible standards when it comes to security, fairness, anti-money laundering and fraud.

In order to obtain this licence, digital sites have to undergo a screening, where each one is scrutinised and tested to see if the required levels and standards are being met. Should any of the requisites not meet the required level, the site will not be granted a licence by the UKGC.

The Gambling Act 2005

In order to know more about the UKGC, it’s worth starting from the beginning. The story begins with the 2005 Gambling Act which applies all over the United Kingdom.

The Act gives its objectives as:

  1.       preventing gambling from being a source of crime or disorder, being associated with crime or disorder or being used to support crime,
  2.       ensuring that gambling is conducted in a fair and open way, and
  3.   protecting children and other vulnerable persons from being harmed or exploited by gambling.

Getting the Act passed through Parliament was a huge moment for gambling in the UK. It was the first time that gamblers were officially protected by law, and implemented various modes of protection that ensured that the money people deposited into their e-wallets on digital sites remained safe and secure from hackers.

Indeed, it was the 2005 Act that initially set up the Gaming Board for Great Britain, which then became the UKGC in 2007.

What happens if an online casino displays non-compliant behaviour?

Should an online casino or a digital slot sites not conform to the stringent regulations laid out by the Gambling Commission’s team of compliance officers, the body is obliged to open a process of investigation. Whilst true that the majority of investigations only reveal minor issues, on occasion, more serious failings like marketing to self-excluded players arise.

It is cases such as these where action must be taken, and the UKGC are expected to notify the site, giving the party a given period of time to rectify it. Usually, the licensee will remedy the issue promptly, but should the issue remain unresolved, the compliance officers will be forced to take enforcement action.

Enforcement action can mean anything from multi-million-pound fines to casinos being stripped of their licences and rendered illegal.

It should be reassuring for online gamblers all over the United Kingdom to know that the UKGC is constantly working to protect them, ensuring that their digital well-being as well as their funds remain safe at all times.

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