UKGC launches hub for operators working with third parties

If you don’t know, now you know.That is at least what the U.K. Gambling Commission is betting on as it launched a specific hub for operators that enter business relationships with third parties, including white-label partners. The hub will provide licensees the obligations that they must adhere to when contracting with third parties.This comes on the heels of UKGC’s record fine of £19.2 million handed down to William Hill for social responsibility and anti-money laundering failures in March.The focus of the new hub, which can be found on the UKGC website by clicking “Licensees and businesses,” “Compliance,” and “Licensees responsibilities for third parties,” is the License Conditions and Codes of Practice (LCCP).Within the LCCP, it’s spelled out for operators that “licensees are responsible for the third parties that they contract with. It also requires licensees to ensure that any contracted third parties conduct themselves in so far as they carry out activities on behalf of the licensees as if they were bound by the same license conditions and subject to the same codes of practice.”According to the hub, operators’ “failure to maintain adequate control of third parties can result in regulatory action including suspension or the loss of the operating license.”