New Slotegrator report offers advice on UKGC online gambling licences

By far the largest online gambling market in the world, the United Kingdom is home to nearly 600 thriving operators. The British online gambling industry generated a gross gambling yield of £6.9bn in the 2020-2021 fiscal year; for comparison, in Italy — home of the second largest market in Europe — revenues for 2020 amounted to less than a third of that.

To target British players, companies need to obtain a licence issued by the Gambling Commission (UKGC). The UKGC considers applicants’ ability to fulfil licensing requirements and their suitability to provide gambling services. They do this through comprehensive checks requiring extensive documentation and demonstrated adherence to the strict standards outlined in the Licence Conditions and Codes of Practice (LCCP).

In its latest article, Slotegrator covers in detail the scope and cost of all five types of online gambling licences available (casino, virtual events, real events, pool betting and bingo), listing the documentation required to obtain them and the obligations operators incur in under the LCCP — as well as the downsides of operating in the British market. To read it, click here.