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Article: Gambling Laws You Need to Know About

Gambling Laws You Need to Know About

 

Understanding Global Betting Laws for the Avid Gamer

Not all countries have the same laws when it comes to gaming. As such, the rules on sites like MrBet may differ in each country or region. So, it is a good idea to discuss some of the differences in how countries manage and regulate online gaming facilities.

 

Gambling in the United States

iGaming is now pretty much legal in the US. As of the time of this writing, about 38 states now allow gambling and sports betting. While land-based casinos have been around for a while, it took a long time for states to draft and approve legislation for online gaming.

Here are some more stats: 

  • Mobile sports betting is now allowed or legal in 30 states.
  • Texas is still mulling over the legalization of online betting and casino games on the web.
  • There are still laws about unlawful iGaming.

Be careful where you sign up and place bets. At best, sign up for accounts from trusted brands. The thing with the Unlawful Gambling Act of 2006 is that the government seems to have passed the responsibility to banks. 

It means that the banks have the responsibility to monitor online casinos and determine if these platforms are legit. If they are not, the banks are supposed to prohibit their clients from making deposits.

Stick to the names that you see all the time when it comes to playing casino games or making bets. You will see these names in ads on TV at night. Do this, and you should be safe!

 

Gambling in the United Kingdom

Compared to the US, the UK is pretty much more advanced when it comes to online gambling and betting. In the UK, gambling is regulated by the UK Gambling Commission, commonly known as the UKGC. It is a body that was established in 2005.

The UKGC is the one that provides licenses to gambling and betting operators. As such, it is always the best move to validate the legitimacy of the gaming site you wish to play at. Look for the mark of the UKGC and go to the UKGC website to find out if this iGaming platform is legit.

The UKGC also handles the regulation of betting sites, lottery sites, and even bingo sites. Without a UKGC seal or mark on a gaming website, you now have to ask yourself if the company is legit or not.

In addition, the UKGC is your source of protection. It is in charge of hearing complaints from unhappy users with the online gambling facility. The UKGC has a strong emphasis on customer satisfaction and rights. As such, you can rest assured that if you have a complaint, you can rely on this organization to help you out.

 

Other European Countries

The UKGC is a huge body that regulates gambling in the UK and Europe. However, some other establishments or governments run their regulation institutions. These are from the countries or states of:

  • Alderney,
  • Gibraltar,
  • Isle of Man.

Although some operators can get licenses from these bodies, worth noting that they still have to comply with or follow the standards of the UKGC if they want to operate in the UK.

 

Common Laws About Online Gambling

No matter where you play, there are common laws about gambling and betting that you must know. Below are just a few: 

  • Licensing and regulation – do not gamble on a site that has no license. That gambling or sports betting site is surely fake.
  • AML – this is anti-money laundering law. Almost all countries have a variant of this law, the aim of which is to prevent gambling from becoming a way for ill-gotten wealth to be “cleaned.” Because of this law, you must expect that a legit online gaming facility has rules, particularly in the verification of your identity.
  • Taxation – some states impose a tax on the money you win. In some cases, it is the online casino that automatically deducts this from your winnings by the time you withdraw your funds.
  • Advertising – laws limit the ways by which a gambling institution can market its services. Usually, they are not allowed to advertise during primetime hours.

Some laws protect you as a consumer. If you ever think that you were scammed or that a casino or betting site’s decision is unfair, do not hesitate to raise your concern to the appropriate regulating body. 

As you can see, gambling is different in each country. These laws are in place to reflect not only the culture but also the attitudes and beliefs of the people. While you have little to worry about because you gamble online anyway, know that these countries may not even accept you as a player. Countries have what we call jurisdictions of operations. It means that they can’t just accept players from anywhere.

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