UK Gambling Commission License.
Online casinos with UK Gambling Commission License (UKGC online casinos) is a special permit that allows players something more than just gambling. This is a guarantee that the operator works honestly and openly, as well as pays out all winnings and always meets the client halfway.
The UK became one of the first European countries to establish clear requirements for operators and measures for the social protection of players. The gambling market in England is the largest in the European Union. This makes it attractive to online casino owners around the world. Having received a license from the UKGC (British Gaming Commission), the casino will be able to offer players almost any service: online sports betting, video slots, live games with dealers, lotteries and much more. Gambling activities in the country are regulated by a law adopted in 2005. Due to the rapid development of online gambling, amendments to the current Law came into force in 2014.
The advantages of a UK license look very convincing:
- Confidence in the future. The United Kingdom is a European state with a fair legal system. This means that the owner of an online casino can set any business goals and be sure that he is under reliable state protection.
- Clear pricing policy. In England, everything is pedantic in the British way. For example, the official website of the UGGC (the main supervisory body of the country) has published a scale of fees for obtaining a license depending on the income of the casino and the type of permit.
- Prestigious status. A UK license is an impeccable mark of quality that increases customer confidence. If you have received such permission, be sure to tell us about it on the casino website. The flow of regular players will grow.
Are there any downsides to the UK gambling license?
Perhaps there is only one – the British gambling permit excludes the use of cryptocurrency in online casinos. On the one hand, the UKGC does not directly prohibit the use of Bitcoin as the main payment method for online casinos. But on the other hand, the anonymity of digital currency does not allow gaming operators to accept altcoins, so as not to violate AML regulations. If you intend to open a casino with cryptocurrency, a UKGC UK license is not your option.
