The activity of gambling has for long been a favourite to the Brits. Get an introduction to the UK gambling laws and find out where to get more knowledge. Football, horse racing, lotteries and casinos. The brits for sure love the adrenaline rush of gambling. No matter if you are betting on the dice to roll on the right side or a football striker to score a goal a lot of money is going from hand-to-hand week by week by gambling.
Britain has a long history of gambling, and it is also undergoing huge legal regulation. In this article, we will guide you through some of the most important rules in gambling.
The Gambling Act of 2005
Some of the first bingo halls were allowed in Britain in 1960. Later in the same century, more commercial casinos were allowed. But what’s most important to gambling regulation today is the Gambling Act of 2005, which modernized the gambling laws. This meant the gambling regulations were loosened up and more options of gambling were allowed.
The Gambling Act of 2005 is splitting gambling into six different forms of gambling, each has its own rules and laws. These are arcades, casino, betting, lotteries, bingo and gaming machines.
The act was implemented with some prime objectives that should be in the forefront of the new licensing system. First of all, the act should prevent gambling from being associated with any kind of crime. Second of all the activities should protect gambling to harm any children or so-called vulnerable persons. And thirdly the act emphasized the importance of fairly conducted gambling for all the players involved.
The act also opened for what is called remote gambling. In this matter, the remote should be understood as the opposite of conventional gambling at a physical spot. So, by this act, online gambling got recognized by UK laws.
Second of all the law opened for new kinds of gambling advertisements, so bookmakers could now advertise around major sporting events. This allowed bookmakers to put up TV commercials related to big games and gambling companies to sponsor football teams. This was a gambling revolution, and today almost half of the Premier League teams have a betting company as shirt sponsor.
Today British casinos, lotteries, betting sites, and other forms of gambling are cared for by the UK Gambling Commission. This body handle licenses and regulations for all gambling companies. This means that in or to offer casino games you must get a license through the commission. If you want to know more about the work of the UK Gambling Commission.
Licensing is increasing the security for the players when they know the casinos should live up to the regulations of a national body. Potential risks involved with the caretaking of money or fraud will be removed, when you are playing by a licensed and regulated casino. If you want to find a ranked list of the best, licensed casinos, you can visit this site: https://www.casinohawks.com/. Casino Hawks give you a complete guide of UK Casinos, so you can find reviews and information on bonuses, free spins, pay-out and deposits.