Bodog Gets First License Under New U.K. Requirements
15 July 2011
The U.K. government announced yesterday that overseas bookmakers offering online gaming in the UK will need a license from the Gambling Commission, currently licenses obtained in certain jurisdictions were treated as if they were licensed in Britain.
According to John Penrose, the minister responsible for gambling policy, the regulations would be based on the “point of consumption rather than production”. There is also hint of a tax being involved in the new legislation.
As the new regulations were being announced, Bodog became the first bookmaker to gain a license under the new regulations. According to Calvin Ayre, Bodog “received the remote and non-remote gaming license from the UK Gambling Commission and the site will operate from Bodog.co.uk exclusively for customers in the UK.”
Bodog UK CEO Patrik Selin added:
“Holding a licence granted by the world’s most robust and respected regulatory regime is a huge springboard from which Bodog UK can launch. The credibility and trust that the UK already enjoys in the online gaming industry is immeasurable. To be able to launch Bodog UK with these licences in place is a huge bonus for us and not only will it benefit our customers but will also allow us to attract the best talent in the industry to work with us.”
As stated in a comment from his blog, Calvin Ayre clears up that this new entity will target U.K. players only.
“Just so its clear…a new entity called Bodog UK that Patrik set up has the license. It is a stand alone organization that will target UK players and they license the brand from me only. Go to bodogBrand.com if you need more detail on this.
This has nothing to do with Alwyn Morriss’ Morris Mohawk Gaming Group who also have a brand license from me and operate with a Kahnawake license.”
08 January 2016Golden Tiger Ad Deemed Misleading According to UK Authority
Wagering requirements are a part of life for online gambling bonuses, and they're in place to keep people from abusing the promotions. These requirements are annoying to some, but they allow the sites to keep running bonus offers in the first place. Without them, they would become a source of such overwhelming losses from players who had no intention to actually bet in the games that they simply wouldn't be able to run the offers.Read full article
11 July 2011U.K. Online Gambling Reforms Coming
The dominoes are still falling after the 51 page indictment by the U.S. Department of Justice and now the British government is taking notice. It is Full Tilt Poker again at the center as they have left hundreds of British poker players, just like other online poker players who played there, left without being able to get a hold of their funds. This has prompted Culture secretary Jeremy Hunt to make a major overhaul to the UK online gambling licensing rules.Read full article