UKGC extends B2B licensing deadline

UKGC2014

The UK Gambling Commission (UKGC) has extended the licensing deadline for software providers by two months, in order for igaming technologies and services/provisions providers to comply with upcoming changes to UK gambling laws.

The UKGC has extended its licensing deadline from the 31st of January to the 31st of March 2015, the deadline extension will allow for technology and provisions provider to decide whether to remain in the UK online gambling market.

New UK gambling laws will require both B2C and B2B operators to have UK licensing in order to provide betting and gaming services to the UK Public.

However the UKGC noted that B2B service providers may face a period of uncertainty with regards to UK licensing,  since they would have to await their clients market decisions before obtaining a UK licence.

The B2C operator deadline for UK online gambling licences closes at midnight tonight, however, operators can still apply for licences at a later date but would be required to pull UK-facing products from 1 October up until the point a licence had been granted.

Check Also

BGC: Government must ‘act fast’ and extend furlough scheme

The Betting and Gaming Council (BGC) has demanded that the government extend its furlough scheme …

Mace launches EQ Connect to solve the industry’s ‘single view’ conundrum on identifying risk 

Will Mace, former Director of Innovation for Kindred Group Plc, has launched EQ Connect – …

Real Betis selects Betway as its official shirt sponsor

Betway has secured a new agreement with Spanish top-flight football club Real Betis Balompié to …