Free VPS Trial,no credit card required

Start Free Trial
UKGC fights for in-play sports betting

UKGC fights for in-play sports betting

NetShop ISP

NetShop ISP · Blog Author

Sep 07, 2016 · Uncategorized

The UK Gambling Commission released a paper this week on in-play betting. The paper clarifies that no current regulatory adjustments are necessary as the controls of the current framework are sufficient and do not require further measures.

In-play betting is being banned in some countries, for example in Australia. However, UKGC disagrees that this form of gambling is more risky than others, dismissing claims that in-play betting could be exploitable for cheating, criminal or inappropriate gains.

“We are aware that some countries have taken a more prohibitive approach towards in-play betting, for example, by restricting the markets that are available or the means by which in-play bets can be placed,” said the UKGC. “However, in exercising our functions under the Gambling Act 2005 we are obliged to permit gambling in so far as it is conducted in a manner that is consistent with the licensing objectives.”

The paper explained that additional controls over in-play betting are not needed, however warned that bettors should be aware of their own positions in comparison with other bettors and operators, as well as any information deficit or built-in time delay to the systems the operators are using.

“We do not consider it necessary to prevent some bettors using technology to gain an advantage, for example, from computer software programs or faster online connectivity speeds, provided it is made clear to all bettors that this is possible,” stated the commission.

Related Articles

Categories

Backup
6
Business Continuity
4
Cloud Hosting
9
Colocation
3
Company Updates
1
Cryptocurrencies
1
Data Centers
10
Dedicated Servers
3
Forex
12
Gaming
1
iGaming
28
Industry News
28
Interviews
7
Joomla
9
Magento
4
Managed Services
1
Press Releases
37
Product News
6
Resellers
1
Security
19
Streaming
1
Tech Startups
12
Tutorials
27
Uncategorized
389
Vps Hosting
9
Web Design & Development
3
Web Hosting
41
Webinars
1
Wordpress
14

Free VPS Trial

No Credit Card Required.

Recent Posts

How To Achieve Ultra Low Latency – A Guide for Forex Brokers and Liquidity Providers

How To Achieve Ultra Low Latency – A Guide for Forex Brokers and Liquidity Providers

01 December, 2021

How To Increase File Upload Size in Nginx Web Server

How To Increase File Upload Size in Nginx Web Server

23 November, 2021

Black Friday & Cyber Monday 2021 – Hosting Deals Up to 50%

Black Friday & Cyber Monday 2021 – Hosting Deals Up to 50%

22 November, 2021

SiGMA iGaming Expo 2021 in Malta Concludes Successfully for NetShop ISP

SiGMA iGaming Expo 2021 in Malta Concludes Successfully for NetShop ISP

19 November, 2021

How To Copy or Transfer Files on Linux Servers with RSync

How To Copy or Transfer Files on Linux Servers with RSync

10 November, 2021

Products

Bare Metal Dedicated Servers

Virtual Servers (VPS / VDS)

Rack Space & Colocation Hosting

Fast Web Hosting

Cloud Backup

Premium DNS Hosting

Company

About Us

Careers

Blog

Videos

WebinarsNew

Awards & Honours

Become a Partner

Contact Us

#letushostyou

Award Winning Hosting Provider with a Customer-centric approach to Business and an Open Source Mindset regarding Solutions and Products Development.

Est. 2004, Larnaca – Cyprus


About

Legal Address: 2A, Marathonos, Livadhia, 7060, Cyprus

Operations Office: 120, Faneromenis Avenue, Imperial Tower, 2nd Floor, Larnaca, 6031, Cyprus

Company Reg: HE 217340
EU VAT Number: CY10217340J
ISO 9001:2015: No. QS.21.038

International Phone: +357 2425 0808

Solutions

Load Balancing

IT As a Service

iGaming

Forex

Migration Services

Security

Disaster Recovery