NEW VPS PLANS

Experience Ultra-high Performance of NVMe Storage on New UK VPS Plans.

Deploy Instantly
  • +357 2425 0808
  • Login
  • English

Home

Blog

UKGC fights for in-play sports betting...

UKGC fights for in-play sports betting

UKGC fights for in-play sports betting

NetShop ISP

NetShop ISP · Blog Author

Sep 07, 2016 · Archive

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.

Press Releases
72

Free VPS Trial

No Credit Card Required.

Recent Posts

How NetShop ISP Improves Trading Infrastructure Resilience through Equinix LD7 Data Center Hosting

How NetShop ISP Improves Trading Infrastructure Resilience through Equinix LD7 Data Center Hosting

21 March, 2024

Introducing New Cutting-Edge VPS Plans: OKTAPLUS, HYPER, and TITAN Enhanced with NVMe Technology

Introducing New Cutting-Edge VPS Plans: OKTAPLUS, HYPER, and TITAN Enhanced with NVMe Technology

12 March, 2024

How To Install Let’s Encrypt SSL on Ubuntu Server 22.04 for Apache or Nginx

How To Install Let’s Encrypt SSL on Ubuntu Server 22.04 for Apache or Nginx

04 March, 2024

Navigating Forex Server Hosting: Key Distinctions from Conventional Providers

Navigating Forex Server Hosting: Key Distinctions from Conventional Providers

23 February, 2024

How to Install Nginx, MariaDB, PHP-FPM on AlmaLinux 9 Server (LEMP)

How to Install Nginx, MariaDB, PHP-FPM on AlmaLinux 9 Server (LEMP)

16 February, 2024

#letushostyou

Award Winning Hosting Provider established in 2004.

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

Products

Bare Metal Servers

Customized Servers

Virtual / Cloud Servers

Forex VPS

Storage VPS

cPanel Web Hosting

Reseller Web Hosting

Colocation

Addons

Premium DNS

Email Hosting

Cloud Backup

DDoS Protection

Licenses

SSL Certificates

Domain Names

Premium SLAs

About Us

Data Center Locations

Looking Glass

Our Company

Contact Us

Careers in Cyprus

Become a Partner

Awards

Certifications

© 2024 S.S. NetShop Internet Services Ltd. All rights reserved.  Terms & Conditions  |  Privacy Policy
CY Reg. Number: HE 217340 | EU VAT Number: CY10217340J

Visa
Mastercard
PayPal
Bitcoin
Tether
Ethereum
Litecoin
Wise
Revolut
Wire Transfer