The GB Gaming Commission has officially made public the one-of-a-kind third-party interaction portal, a revolutionary technology designed for operators when dealing with non–licensed entries. White label partners are non-licensed entities. This platform aims to make gambling environments safer and more accountable by improving interactions with external stakeholders and streamlining regulatory processes.
The center provides information on the Licence Conditions and Codes of Practice (LCCP) and is located within the compliance section of the Commission’s website. The Commission requires operators to comply with the LCCP in their dealings with third parties.
The Commission claimed it decided to set up the hub after several enforcement actions were taken against operators for setbacks to complete due diligence third party inspections.
SkillOnNet was one such company; the Commission found it in violation of various LCCP provisions in May and fined it £305,150. Between the beginning of 2021 and the end of 2022, there were other incidents of this kind.
According to the LCCP, operators are legally liable for the actions of any third parties they hire. This means that licensees are responsible for enforcing compliance with the same regulations that apply to the licensed operator. These rules cover things like social responsibility and safeguards against money laundering.
According to the latest gambling news, Licensee has the right to terminate the third party’s contract in the case of a breach of the LCCP.
The centralized location also serves to remind operators that they alone are responsible for ensuring the legality of their gaming websites, including any white labeled sites they may use. The Commission can step in if it finds that an operator isn’t operating in a way that minimizes licensing objectives or is not following the LCCP.
This launch of the hub is occurring at a critical time for the Commission. Commission executive director for research and policy Tim Miller said in May, after the publication of the Gambling Act Review white paper, that the body would have “very little space” to evaluate measures not contained in the white paper
Sarah Gardner, the Commission’s deputy chief executive, announced later in the month that the first white paper consultations will be released this summer.