UK Bingo Licences are issued by the UK Gambling Commission (UKGC) who regulate all forms of gambling within the UK. It was set up under the Gambling Act 2005 in partnership with the licensing authorities. The UKGC also regulate the National Lottery.
Bingo is defined as a game in which players mark off numbers on cards as the numbers are drawn randomly by a caller, the winner being the first person to mark off all their numbers. The UKGC are able to issue three different types of Licences.
It was always a popular game, many have been excited by winning, or at the prospect of winning. In recent years though it has suffered a decline. Many attribute that to the smoking ban but the surge in online gaming has also taken its toll. Many of the old Bingo halls have closed down but the game still has a strong following.
If you are looking to find a safe online casino then you need to focus on the important issues. There are not that many of them so, it should be a simple process.
Firstly, do not select an online casino website which does not render well in your own language because it could lead to communication problems. The last thing you want is a lack of understanding. It is very unlikely that you would be successful in a dispute when you might have misunderstood something. You need to able to read the terms and conditions and fully understand them. Take your time.
After a lot of wrangling, foreign online gambling operators are to be banned under new Czech Republic gambling laws unless they operate from within the Czech Republic.
Czech Republic gambling laws to ban unlicensed foreign operators
Gambling has always been a popular pastime in the Czech Republic. Regulation has been very difficult with some notable actions required to prevent fraud and unlicensed operators. The most recent change to the gambling laws is due to take effect on 1st January 2017. From then, online gambling operators will be banned unless they have obtained a State Gambling Licence and they are based in the Czech Republic for tax purposes.
Tax rates are currently 20% on gross wins for operators. That is on top of a Corporation tax rate of 19%. Those tax rates are some of the highest in the EU so the effect could be quite dramatic. William Hill has already announced that it will longer operate in the Czech Republic, most others are expected to follow to comply with new legislation.
Shares in global gambling operators soared today as Japan legalizes gambling in a bid to encourage growth in the economy.
Japan Legalizes Gambling
After much debate about social problems and economic advantages Japan legalizes gambling. Today, lawmakers paved the way to develop a multi billion dollar gambling industry. Casinos will now be legal subject to regulation by the Japanese government. The long-standing prohibition on casino style gambling operations has now been lifted. It has been debated since 1999.
Japan is strategically placed to compete with localised casino gambling operations in Macau, Singapore and Saipan. These gambling locations enjoy a massive amount of gambling income from Chinese visitors because gambling in China is prohibited. The Japanese government can now look to gaining a share of this multi-billion dollar revenue.
The origins of gambling software and how it has evolved.
The Gaming Commissions
Gaming Commissions regulate online casinos from various locations, mostly in offshore jurisdictions. Online casinos do not exist in the physical form, they do not need premises, they are an online business. Only Certified Auditors can approve the requirements of Gambling licences. The licensing of Gaming Software is part of the auditing process.