The UK Gambling Commission (UKGC) has approved a new set of measures designed to further enhance player protection in the UK.
The new measures are coming into effect on May 7th, as part of a broader sweep to improve the overall security across online casinos. In May, casinos will have to run immediate checks and verify a player’s legal name, as well as address and date of birth before any deposits can be placed. This is hoped to cut down on underage gambling, fraud, money laundering and suspicious activities.
Currently casinos verify KYC (know your customer) documents in 72 hours or less but under new regulations they will have to step up their game and process documents much faster or risk losing the player altogether. Even free to play demo versions of the casino games/slots will be blocked until such time as the casino has verified the player.
By extending strong age verification rules to free-to-play games its is hoped that it creates a much safer online environment for children, helping to shut down a possible gateway to gambling-related harm. Hopefully these changes will stop the old days of casinos dragging out the KYC checks and withholding payouts to the player. In my opinion these changes are long overdue and can only be a good thing. The only issue is you will have to think in advance where you would like to play due to the lengthy verification process.