Marvelgold Ltd (Continued... Page 2)

Where Section 40 is played at Holiday Parks etc full controls are not in place and it is difficult to track prize monies and cash collected etc.

In addition to the administration staff, the company employs a compliance officer to ensure that all the requirements of the regulatory authorities are achieved and any errors that are found are immediately rectified.

The Bingo Industry, for many years has been controlled by the Gaming Board for Great Britain, which was formed in 1968. This control has now been passed to the newly formed Gambling Commission. This means that the company has to keep abreast of constantly evolving legislation and are advised in this capacity by both the Gambling Commission and a retained Gaming Solicitor. This means the Bingo industry as a whole is moving into new territory. For example until now, Licences have been granted by the local Magistrates Court but from September 2007, they will be issued by Local Authorities.

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