Gambling News

“British Gov't to Set Up Gambling Commission!”

British Parliament passes the Gambling Bill!

The British Parliament has passed the Gambling Bill in spite of all the doubts from industry analysts. However, the Bill was designed to upgrade and improve Britain’s old-fashioned gaming regulations, and hardly addressed the online gambling industry. An important result of the Bill will be to establish a regulating commission for Britain’s gambling industry. The main focus of the new legislation will be online gambling, which has seen phenomenal growth in interest in the last few years.

According to Anthony Wright, the department spokesman, the commission, while it will not be able to regulate online casinos outside of Britain, will be able to “investigate, prosecute, impose fines, and void bets they consider unfair”.

The commission will comprise of approximately 100 investigators assigned to regulate the industry and should be operational within a few months.

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