Key Takeaways
- The UK Gambling Commission UKGC has informed operators and published on its consumer page, the three tier standards to be used when disclosing the level of protection offered to player funds in the event of an insolvency.
- The new ratings must be included in operators’ and conditions by December 31, and be disclosed to customers at the point of deposit from February 2, 2015.
The UK Gambling Commission (UKGC) has informed operators and published on its consumer page the three tier standards to be used when disclosing the level of protection offered to player funds in the event of an insolvency. 1e3z1q
The regulator launched customer funds be held in segregated s.
However, it added the rule that operators must disclose to customers—“at the point of deposit”—what level of protection customers would receive from the risk of an operator going bankrupt.
Customers must acknowledge that they have seen the information before making their first deposit.
