UK Regulation on Gambling and Gaming Industry Free Essay Example, 2000 words

Gambling Act 2005 (The Act) Aiming to reduce the negative health, social, and economic impact of gambling throughout England, Wales and Scotland, the Gambling Act 2005 (the Act) was developed and implemented back in 2005 with the purpose of enhancing the Gaming Act 1968 also known as the 1968 Act (Gambling Commission, 2008f: p. 8, 13). The author of the paper states that the main purpose of The Act is to serve as a guide for local authorities with regards to the following information: (1) the differences between gaming, betting, lottery, and cross-category activities; (2) the main function of Gambling Commission which include issues related to proper licensing and guidance for the code of practice in gambling and gaming among others; (3) topics related to general offenses like cheating; (4) the need to protect children and young people from becoming involved with gambling and gaming; (5) accepted advertising activities; and (6) the legality and enforceability of gambling contracts among others in order to prevent any forms of criminal activities and violent situation to occur (Office of Public Sector Information, 2008a). Role of Gambling Commission, HMRC, SOCA, Ofcom, and the National Lottery Commission It is evidently clear from the discussion that Gambling Commission is responsible in regulating gambling and gaming on behalf of the Department for Culture, Media, and Sports (DCMS) to ensure the safety of the gamblers and protection of vulnerable children and the young adults (Gambling Commission, 2008d, 2008f). As part of ensuring that gamblers who show signs and symptoms of severe addiction to gambling receives necessary treatment, Gambling Commission is responsible to work with gambling and gaming facilities by providing them with necessary information on where problem gamblers can receive proper advice and treatment to protect these people from the adverse effects of gambling addiction (Gambling Commission, 2008e). We will write a custom essay sample o n UK Regulation on Gambling and Gaming Industry or any topic specifically for you Only $17.96 $11.86/pageorder now