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Payments: The links between e-gambling and financial institutions

Online gambling is a legal, regulated business in the UK and a number of other countries around the globe. Precisely because it operates in an electronic medium, it can be subjected to a level of oversight that far exceeds what can be applied in a face-to-face environment where cash is the norm. Rick Smith, Head of Government Affairs, Policy and Regulation at UC Group, discusses the process through which online gambling payments are regulated.

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