The casino regulations in the United Kingdom were updated on the 7th of June 2023, in accordance with the release of the third version of the fifth edition of the Prevention of Money Laundering and Combating the Financing of Terrorism Guidance by the UK Gambling Commission. Casino operators are advised to review the latest edition of the guidelines and ensure the integration of these changes into their risk assessments, rules, procedures, processes, and training.
The Gambling Commission is responsible for administering and enforcing the Gambling Act 2005, which is the primary legislation regulating most forms of gambling in the country. It serves as the regulatory agency for all gambling operations in the UK. Under the Gambling Act of 2005, all casinos operating in the United Kingdom are required to obtain a license from the Commission. To obtain a license from the Commission, operators must adhere to strict casino regulations that address security and safety, fair play, anti-money laundering, and other essential aspects of casino operations.
The updated guidance on casino regulations describes the obligations and options for compliance that casino operators must follow in accordance with the laws governing money laundering, terrorism financing, and proliferation financing. The Act establishes the Commission as the supervisory authority for casinos, granting them the power to provide guidance that assists operators in meeting regulatory requirements. This Act applies to both remote and non-remote gambling conditions and has received approval from HM Treasury. Consequently, this guideline encompasses all aspects of gaming law in the UK.
The updated casino regulations are as follows:
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More information regarding AML/CTF requirements for casinos can be found here.