The Global Regulatory Awards and its Importance for the Gambling Industry

The field of gambling, like any other industry, has its annual award ceremonies, where company executives gathered to celebrate another year of accomplishments. The International Gamers Awards and the Global Gaming Awards are the two most distinguished events in the calendar and therefore the best-known ones. There is, however, another awards that are just as important, yet not so vastly popular - The Gambling Compliance Global Regulatory Awards. To try and change that, we have decided to explain to you all the reasons that make this event so special and also talk a little bit about this year's edition.
A Picture of the Attendees of the Awards Ceremony Share on Pinterest

Why are the Gambling Compliance Awards So Important?

According to a research made by the United Kingdom Gambling Commission, in 2017, 45% of people in Britain have participated in any form of gambling in the past four weeks. As stated by the same source, in the following 2018, this number has risen to 46%. A 1% increase may not seem like much to you, but to put that into perspective we are talking about an additional 650,000 people. There is every reason to believe that the number of people who participate in gambling is going to continue to rise steadily, considering the constant innovations in the field of mobile technology as well as mobile casino and betting platforms. What is shocking, however, is that of all the people who have gambled under one form or another in 2017, a whopping 41% believed that gambling is associated with crime. It is, therefore, more important than ever that a set of strict rules and regulations is applied to every company on the market.

Despite the fact that safety and fairness are such important topics, the people who work tirelessly towards achieving full compliance with the laws are rarely mentioned when talking about the gambling industry and the success that companies are having. This is one of the main reasons why the Gambling Global Compliance Awards are so crucial. Their aim is to shift the emphasis on the unsung heroes of the gaming industry, who are constantly watching over the millions of customers around the world and working towards protecting their rights. The awards are given to either companies or individuals and each of the 17 categories recognises one of the different roles and disciplines within compliance and responsible gambling.

The Gambling Global Regulatory Awards in 2019

This year is going to mark the 3rd edition of the awards and the process of selecting the nominees had already begun at the end of last year. So here is a quick introduction to the timeline of events. The whole procedure starts at the beginning of December of the previous year when the system is opened for nominations. The nominees could be individual employees as well as entire companies or organisation within the gambling industry. All submissions are sent straight to the panel of judges with the use of a unique independent platform. Then, 3 months later, at the end of February, the portal closes, and no more entries are accepted. After a careful and thorough evaluation process, the list of contenders is narrowed down and officially published in March. This year, for example, there are 93 finalists across 17 categories. The ceremony itself is going to take place on May 21, 2019 at the De Vere Grand Connaught Rooms in London. There, an independent committee will single out the winners, who are then going to be announced by Celebrity Host Stephen Mangan – acclaimed British actor and comedian.

What to Take Away From the Awards?

Just like you need to keep an eye on the International Gaming Awards, if you are a keen gambler, it’s also a good idea to start paying attention at the companies that are were nominated for the Global Regulatory Awards and even who has won such awards. As we’ve already stated, they give a clear indication of which businesses and organisations are putting in the effort to make gambling safe and fair. When choosing an online casino or a bookie, this is where you want to put your money on. This way you will have a worry-free experience and ultimately a much better time.

Latest Articles

How to Win the Lottery

Published on: 23 June 2021

NBA Draft Lottery

Published on: 22 June 2021

England vs Czech Republic Euro 2020

Published on: 22 June 2021

View All Posts
Check Our Hottest Offers For June 2021
450+ Casino Games $750 Free Welcome Bonus
On 1st Deposit 100% Up to $200Welcome Bonus
On 1st Deposit 50 Free Spins Welcome Bonus
Open Christmas Offers
Up to 200 Spins Welcome Package
Full T&Cs apply.18+. Welcome bonus: new UK depositing players only. 200 spins require 3 deposits of min. ‎£20 each and are issued as follows: 50 on 1st deposit, 50 on 2nd deposit and 100 on 3rd deposit. Spins are issued on selected games. Winnings from spins are bonus with wagering requirements 35x. Spins expire after 24 hours. Bonus expires after 21 days. Play responsibly, www.begambleaware.org.
100% Bonus Up to £50 + 100 Spins
Full T&Cs apply. 18+, Welcome Bonus: New Players only. Min Deposit: £10. Max bonus £50. 100 spins require 3 deposits. WR 35x, spins valid for 24hrs, on selected games.
Up to £100 + 20 Wager-Free Spins
Full T&C’s apply. Free spins - no deposit required & new players only. Claim within 3 days of registration & 3 day expiry. Free spins worth £0.10 each on Book of Dead, winnings paid as cash. Deposit offers available across any two deposits. Both expire 7 days after registration & have 7 days to wager once claimed. Deposit £10, £25 or £50+ & wager 35x for a cash reward. Only cash stakes qualify & wagering contributions vary. 5 free spins on Book of Dead with each qualifying deposit, 3 day expiry.
Spend £10 & Get 30 Free Spins on Monopoly Paradise Mansion
Full T&Cs apply. New members only, must opt in. Min £10 deposit & wager. 30 day expiry from deposit.18+. Free Spins: on MONOPOLY Paradise Mansion. 1p coin size, max lines. Bingo: Advertised ticket value based on £1 tickets. Game availability & restrictions apply.
Deposit & Bet £10 Get £50 + 100 Free Spins
Full T&Cs apply. 18+ New Customers from UK & IRL only. Deposits made with e-wallets are not valid for this promo. Bonus wagering x35 on eligible games. Winnings from bonus capped at €500. Spins available after bonus is redeemed/lost. Opt in required.
Bonus Package £70 + 50 Free Spins
Full T&Cs apply. 18+, New customers. Opt in. £70 bonus = 2x £20 and 3x £10 bonuses for selected games, up to 40x wagering. Bonuses expire in 7 days. Max Redeemable £1,750. Paypal & Card Payments only. Wager £10 on selected games within 7 days of registration. Geo Restrictions.
Welcome Bonus £50 when you stake £10
Full T&Cs apply. 18+. New players only. Min bet €10 on qualifying games. 40x wager reqs (bonus only) on selected games. Bonus valid for 30 days. Certain deposit types excluded. Bets covering >70% of Roulette table excluded. Contributions to wagering reqs vary by game.
Up to £100 + 10 Wager-Free Spins
Full T&Cs apply. New players only across two deposits. Cash rewards: 7 days from registration to opt-in from "My Promotions" page & each with 7 days wagering. Deposit £10, £25 or £50 & wager 35x. Only cash stakes qualify & wagering contributions vary, bingo excluded. 5 free spins worth £0.10 to be claimed within Book of Dead with each qualifying deposit, 3 day expiry.
Up to £400 + 100 Extra Spins
Full Terms and Conditions apply. Max bet limitations per spin apply. 35x wagering requirements apply (i.e the bonus x35). Higher wagering requirements may be applied depending on the games played. 18+.
100% Buy in Up to £400 Welcome Bonus
Full T&Cs apply. 100% buy-in up to £400 buy-in bonus. Min £20 cash buy-in to be eligible. Offer only available on classic slot games. Max bonus £400. Max stake £2. 20x wagering requirements on total of buy-in and bonus amount. Bonus is valid for 7 days. Keep it fun - set your deposit limit.