“Gambling Bill Passes in Britain”

A Bill intended to regulate Britain’s gambling industry – both online and off – has finally been passed, much to the surprise of many. With the boom in the online gambling industry, passage of this Bill could not have come at a more propitious time.

Industry analysts were skeptical about the chances of the Gambling Bill being passed in the British Parliament, but at last it has happened. A commission made up of about 100 investigators will regulate all of Britain’s gambling industry – with a particular focus on the online gambling segment of it. While this commission won’t be able to regulate online casinos outside Britain, its hands won’t be completely tied. Anthony Wright, department spokesman, says they’ll be able to “carry out investigations, bring about prosecutions, levy fines, and void bets they consider unfair.” Given the tremendous growth in the online gambling industry during the past few years, this new legislation is welcome, as earlier regulations were completely outmoded and didn’t even take into account the advent of online gambling. The commission should be up and running within a short time.