Gambling Commission

Online gambling has gained tremendous popularity in the UK over the years due to its convenience and easy accessibility. It has become a favourite pastime for countless people in the country.

Online gambling has seen a massive rise of interest in recent years. Today there are more people than ever across the world that like to treat themselves to a spot of entertainment through online gambling. But with this some problems can also arise, mainly in regards to unhealthy gambling habits. 

The UK gambling scene saw huge growth over the last decade as new technologies and faster internet speeds brought gambling into the comfort of homes and mobile devices across the land. For most users, gambling is a harmless distraction and one of many outlets for discretionary income spending, but for others it can be damaging.

Gambling is popular in the UK and across the world. Land-based casinos have existed for several decades and are the predicate for modern online websites. In the UK, gambling activity is under the regulation of the UK Gambling Commission (UKGC), which sets various requirements and standards all licensed platforms must comply with to retain their license.

The past year was a turning point for many verticals, and the gambling industry has been seriously affected by the Corona crisis. This applies in full to brick-and-mortar casinos as their halls remained empty for quite a while. 

 Vasil Bozhkov's gambling business could rise from the ashes after his companies won a series of lawsuits against the now-closed State Gambling Commission and began to get their licenses revoked. This shows a Mediapool investigation into the cases brought by the authorities against his gambling business.

The bill establishing a National Gambling Agency, which replaces the State Gambling Commission, has been published for discussion, BNR reported.

OPAP, Europe's fourth-largest betting firm by revenue, has frozen the roll-out of video-lottery terminals in Greece until the country settles a "procedural" regulatory issue, its chief executive said on Thursday.