Gambling watchdog consults on changes to regulation aimed at preventing crime
The Gambling Commission has launched a consultation on proposed regulation changes aimed at preventing crime linked to gambling.
The changes would involve amendments to Licence conditions and codes of practice (LCCP).
The LCCP covers:
- mandatory licence conditions;
- social responsibility code provisions, which have the force of licence conditions;
- ordinary code provisions, which, although not mandatory, set out good practice that the Commission expects responsible licensees to follow.
A spokesperson for the watchdog said: “Advances in technology and changes in consumer preference are posing new challenges to keeping crime out of gambling, but also offering new solutions to the problems.
“The consultation proposes a number of specific changes to licence conditions in the light of experience - for example, requiring all operators to assess the risk of their business being used for money laundering. It also invites informed public debate on other emerging issues, such as the use of digital currencies in gambling.
“This consultation offers an opportunity for everyone to have their say on a series of critical questions. We expect that licensees will want to share their own experience and good practices in order to help keep gambling crime free.”
The consultation, which can be viewed here, closes on 30 December 2015.