Open Information sharing at risk

There will be a meeting held soon between the British Gambling Commission and the representatives from the betting industry, to talk about matters surrounding sports betting. The primary objective for calling this meeting is to secure the free sharing of information, connecting to the gambling practice of punters who are involved in apprehensive and large bets.

Licensees will require taking a risk-based approach, with rational steps, to torchlight those customers who bet over a momentous threshold limit, either in a single bet or over numerous transactions in a single day. This condition was stated in a consultation document provided by the Gambling Commission.

The British Gambling commission also made suggestions for the betting licensees to make it a compulsory business condition that, a gambler would need to agree to the share of personal information with the sport governing bodies, through a license condition. The commission further stated that including such business terms and conditions might also prove beneficial to the licensees.

On the other hand, the bookmakers are skeptical of the Commission's view of sharing information openly between two parties, stating that it is a litigious issue as far as violation of the Data Protection Act is concerned. Furthermore, the bookmakers are of the opinion that, it has been made clear by the Commission to the customers, to bet without agreeing to the share of personal information, as a condition of service. But, saying so, they believe that, those gambling companies who have the shared information might have been benefited.