Part III: Business & Regulation · Gaming Regulation & Compliance

UK Gambling Commission (UKGC)

Licensing & RegulatoryVERIFIED

The regulatory body responsible for overseeing commercial gambling in Great Britain under the Gambling Act 2005. The UKGC’s regulatory framework is built around three licensing objectives: (1) preventing gambling from being a source of crime or disorder; (2) ensuring that gambling is conducted in a fair and open way; and (3) protecting children and other vulnerable persons from being harmed or exploited by gambling. The UKGC issues operating licenses and personal licenses, enforces License Conditions and Codes of Practice (LCCP), and has significant enforcement powers including license revocation and substantial financial penalties.

One entry from the Casino Industry Glossary, 1,090 terms written for surveillance, compliance and operations professionals rather than for players. Definitions describe industry usage; where a term carries a regulatory meaning, verify against the instrument that governs your jurisdiction.