Raffle House Meets UKGC Guidelines

With the UK casino gaming industry under increasing scrutiny to get its house in order, the UK Gambling Commissions new regulations are causing a bit of a stir. Recently, the UKGC started to play new restrictions within the industry that will be significant long-term.

New sites are already expected to comply from their start-up date. One new site being used by UK casino gaming fans is that of Raffle House. Set up by Benno Spencer, he spoke to popular site This Is Money with his intention to fit in with gambling regulations for the long-term.

This interesting new site, that allows you to raffle off against popular properties on the UK market, could see you sell your home in a legitimate manner. The first property to be on the market for Raffle House is that of a £650,000 one-bedroom flat in Brixton.

With 150,000 £5 raffles needed to make the sale go ahead, how this works will be very important for setting an industry precedent. While the UKGC raised concerns in the past about the legality of such raffles, it appears that Raffle House might just fit in t the present regulation.

“We’ve worked really hard to make sure this is an entirely legitimate marketplace through which to win property,” Spencer told This Is Money.

Since profits are only taken from any money left over due to excess ticket sales, this should meet up with UKGC; though it may offer an interesting precedent moving forward.

44 Responses to “Raffle House Meets UKGC Guidelines”

  1. I happen to be writing to make you know of the terrific discovery our princess experienced going through your web page. She picked up many things, not to mention what it’s like to possess an awesome giving character to make the mediocre ones very easily fully grasp a number of hard to do matters. You really did more than our expected results. Thank you for producing those precious, healthy, edifying and as well as fun tips about this topic to Jane.

  2. 957417 892338You produced some decent points there. I looked on the web for the difficulty and discovered most individuals will go coupled with along together with your site. 922123

  3. 95489 922180You will be able use all sorts of advised attractions with various car treatments. A quantity of sell traditional tools numerous demand families for almost any event for any investment district, or even for a holiday in new york. ???? ??? ?????? ????? 463642

  4. 766318 220554Techniques for dilution antimicrobial susceptibility beadlets for beagles that grow aerobically-fifth edition. 746023

  5. 138441 755307This is a quite exciting article, Im looking for this know how. So you realize I established your internet internet site when I was looking for internet sites like my own, so please look at my internet site someday and post me a opinion to let me know how you feel. 453431

  6. 190741 48170Wow you hit it on the dot we shall submit to Plurk in addition to Squidoo properly done انواع محركات الطائرات | هندسة نت was excellent 132241

  7. 597791 474495Whoa! This weblog looks just like my old one! Its on a completely different topic but it has pretty significantly the same layout and style. Outstanding choice of colors! 930750

  8. 493024 290148light bulbs are good for lighting the home but stay away from incandescent lamps because they produce so significantly heat;; 582772

  9. 277273 262863Id must verify with you here. Which isnt something I often do! I enjoy studying a publish that can make folks feel. Also, thanks for permitting me to remark! 276230

  10. 377557 701730I discovered your weblog internet site on google and appearance a few of your early posts. Maintain up the exceptional operate. I simply extra the RSS feed to my MSN News Reader. Looking for forward to reading much more on your part later on! 763779

  11. 748577 712338Oh my goodness! an exceptional write-up dude. Thanks a whole lot Even so Im experiencing issue with ur rss . Do not know why Struggle to register for it. Can there be any person locating identical rss concern? Anyone who knows kindly respond. Thnkx 808762

  12. Pingback: best site
  13. Pingback: super grizzly
  14. Pingback: xo666

Leave a Comment

Copyright © 2019. All Rights Reserved. GambleAware.co.uk 18+. SevenSpins.com