Statement of Principles Draws ResponsesPublished April 23, 2006 by OCR Editor
Responses to the UK Gambling Commission's Statement of Principles are currently under review. In January, the organization published a comprehensive list of the values and principles the government intends to use in order to regulate the industry and enco
The Statement of Principles is the first document to be launched by the Commission as part of the process toward regulating the industry. Future proposals outlining licensing conditions and codes of conduct for the online casino industry are expected later in the year. Gambling Commission Chairman Peter Dean has stated that the Commission has gladly accepted feedback on the Statement of Principles from the public, as well as from operators of online casinos, consumer protection groups and social and religious organizations. Responses to the document were invited via post or through the Gambling Commission's website.
The Gambling Act 2005, which will fully license and regulate gambling sites in Britain, will be fully implemented by September 2007. It is regarded as a major breakthrough by fans and operators of online casinos, many of whom hope that the UK government's decision to accept gaming will have a persuasive effect on the U.S. government.