Saturday, September 13, 2014

Online Casino White List Frozen by UK



The highly desired position at the UK White List may not be available to any online casino within the near future, as regulators adjust conditions before expanding the list of approved gaming operators.

The Uk government issued a press release confirming rumors that the White List of approved online casino sites won't review or add any new operators until a minimum of 2010. UK regulators say they want time to check the united kingdom Gambling Act before any changes to the White List are contemplated.

UK-based gambling interests have complained to authorities that foreign online casinos at the White List have advantages over them. The dep. of Culture, Media, and Sport will try to even operating conditions, possibly by changing tax methods used for offshore Internet gambling sites.

UK observers also are upset by the dearth of compliance to EU regulations regarding trade in online gambling by its fellow members. British politicians say the united kingdom is allowing fair competition to EU nations, but not receiving it in turn.

The UK White List is constituted of online casinos that experience met regulatory checks and standards, both for the operator and the licensing authority. The List is regarded as an indicator of proper rules for responsible gaming by online casino companies, and a spot at the List is very sought.

But recent regulatory problems in Antigua have brought forth questions about the effectiveness of White Listing, as Antigua had just passed the testing. The Alan Stanford banking scandal implicates the top level of banking regulators in Antigua, who're also in control of gaming regulation.

Published on July 30, 2009 by MattMiller


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