This story was published more than 6 years ago.
This week the UK Gambling Commission warned casino operators to ensure that their terms and conditions are fair for punters by the end of the year or face repercussions.
The regulator issued the warning after partnering with the Competition and Markets Authority to try and stop casinos from preying on punters with misleading terms. Many times offers on bonuses and promotions are advertised but the terms are not provided or are hidden in legalese that's hard to decipher. There have been a rise in complaints about casinos regarding the terms, and regulators are making moves to try to fix the issue.
Thus far the CMA has said that they've analyzed some casino sites to build evidence of the predatory terms. The group will reveal the violations, and work with the UKGC to determine punitive measures. The groups are calling on betting operators to clarify their terms on their own before they have to step in, allowing players the chance to make informed decisions easily.
We'll update readers as we learn more about the steps being taken to ensure compliance moving forward.
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Comments
The UK gambling commission is pretty strict toward the operators but I guess that's the right approach to defend the rights of the punters and I wish that was the case here in Bulgaria too but...not at least for now.
We wait casino listings update this news,UKGC alert the casino to comply with the rules and list casino predator will help players choose the right casino
Finally regulators start take action on this. How is it for example that casinos are not taking action to integrate their bonus terms into the gameplay? It cant be to hard to make it impossible for the players to break the terms while a bonus is in play...
I mean, you are allowed to get a bonus, but bonus and winnings may be confiscated if you play with bets like this or that, and on certain games.... still alot of casinos let you play that game with the "illegal" bets, and will only complain about you breaking the rules if you win and want to withdraw your winnings....
sharpe
I hope Casino listing in few days update the list of casino have warning by UKGC. Casino that have Predatory T&C must be blacklist, they just earning money from player and scarry for paying the winning.
We wait the list, thank you. Nice news ...
Couldn't be more agree with you Caliber, well said, it's really an issue for the players and hopefully the casinos politic about that would of change in future.
Zaelany Zael
I hope this statement not just issue, if UKGC doing that may be is something nice .