Gambling Commission to Regulate Social Gaming?

Published June 13, 2012 by OCR Editor

Gambling Commission to Regulate Social Gaming?

UK gaming authority says it will investigate pros and cons of legislating growing industry.

The UK Gambling Commission may be on the path to regulating the booming social gaming industry, after it acknowledged this week that it will investigate the pros and cons of taking and legislative action.

Social Gaming Regulation On Way?

Social gaming is on the "perimeter" of existing legislation, but the key question lawmakers must ask is whether or not it is gambling, Commission corporate affairs manager John Travers said recently. He added that the body was monitoring developments and assessing any wider implications for licensing objectives.

The UK, like most countries, has so far avoided regulating the burgeoning social gaming arena, but now lawmakers are starting to look into the matter as they debate whether betting fake money for points or virtual prizes is considered similar to placing a bet on a casino game or at an online sportsbook.

Gambling Operators Go Social

Leading land-based and online gambling operators have acknowledged that social gaming is the next area for growth, with MGM Resorts recently launching its social gaming casino myVegas, and Bwin.Party announcing that it would spend at least $50 million over the next two years to broaden its reach.

Facebook is obviously the largest host of social gambling options, and users of the site can gamble virtually through a number of applications there including myVegas, Playtika, Double Down, RocketFrog, and the massively recognizable Zynga Poker.

See also

UK Gambling Commission Looks at Social Gambling

Who to Call? UK Gambling Commission

Gambling Against The Law

Statement of Principles Draws Responses

Playing By The Rules

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