The UK Gambling Commission was awarded the 2021 Regulatory Excellence Award at the inaugural IAGR International Regulatory Awards! (Images from iagr2021.com)
On Tuesday, the UKGC was awarded the first-ever IAGR Regulatory Excellence Award. Run by the International Association of Gaming Regulators, the awards ceremony hosted in Boston, announced its first two prestigious winners.
The IAGR Regulatory Excellence Award was awarded to the UKGC due to an initiative that managed to club the gambling industry together with the purpose of collaborating on three main areas of concern.
The UKGC had concerns about VIP schemes on betting platforms that incentivised high-value customers to persuade them to gamble more. The authority also wanted to discuss games and their designs, and the possibility of using advertising tech that could ensure gambling advertising did not reach children and vulnerable people.
It is widely accepted that the UK Gambling Commission (UKGC) is among the if not, the best performing gambling authorities in the world. No other country is as strictly regulated as the UK when it comes to gambling both online and offline, and the UKGC, which works under the Department for Digital, Culture, Media, and Sport, is responsible for providing licensing, regulation, advice, and guidance to all gambling entities that operate within Britain.
The UKGC has worked hard to reduce and prevent crime in gambling, ensure that players receive a fair and safe experience, and protect vulnerable players and children from advertisements and gambling issues. So, it comes as no surprise to learn that the authority is the first winner of the IAGR Regulatory Excellence Award at the inaugural 2021 International Regulatory Awards.