CMA is about to start an investigation with gambling companies

Recently, the gambling competition regulator said that the online gambling companies which are not paying or preventing the players from collecting their winning amount will have to face a probe. Since 2009, online gambling in the UK has developed around 146 percent and it is estimated that around 5.5 million people are getting involved in the gambling activities such as casino, gaming and sports betting through the online gambling websites. The CMA (Competition and Markets Authority) is about to make an inquiry and find out whether the terms and conditions followed by online betting accounts are in the proper manner.

Since many customers have raised complaints against the gambling websites, the authority has come to this decision. Many players have mentioned that the online gambling companies are using certain contracts in order to disqualify and eliminate them from the game. Also they said that the odds in the gambling games are being altered and many successful bets are not considered by the companies and the players are not getting the winning amount. Nisha Arora, who is the senior director of the consumer enforcement at CMA, Online Betting said that gambling is always a risk for the individuals and it will definitely make them lose money.

0