Foreign Gambling Operators Take Advantage of "White-Labelling" Loophole to Access British Players
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Foreign Gambling Operators Take advantage of "White-Labelling" Loophole to Access British Players. The Sunday Times has found hundreds of foreign gambling companies taking advantage. Some of them are behind some of the largest sponsorship agreement in British football. It is unknown who is the actual owner of most of these online gambling platforms. According to industry source, white-labelling is a quick and easy way used by operators to access the British gambling sector without observing the due diligence required by the country’s regulators.
Gambling is a serious problem in the UK. British players lost £14.4 billion to gambling services in last year. Unlicensed foreign gambling companies are among the major British football club sponsors. They are often unlicensed and provide ineffective service. They also do not make the due diligence checks adequately. The system used by them exposes serious flaws in UK's gambling regulation. According to reports, un licensed foreign operators have donated millions to the English Premier League.
