Sports’ betting is big in the United Kingdom and the country has perhaps the most well-defined laws regulating this industry. UK has always had a well-established sports betting culture and online betting is getting popular by the day; today, you will find thousands placing bets through smartphones. Bookies have made a huge contribution to the country’s economy, bringing more than 700 million GBP in taxes every year and employing thousands.
UK has a favorable stand on sports betting or gambling activities. Its laws do not restrict gambling in any way; rather, these are aimed at ensuring that gambling activities treat players fairly and no person below the age of 18 can take part in these. The 2005 Gambling Act is the primary legislation for governing gambling in the UK. It set up the Gambling Commission to be the main governing instrument for implementing gambling laws and regulating activities. So, if you wish to gamble here, you need to get a license to do so from either an area white-listed by this Commission or from the Gambling Commission directly.
Both online sports betting and land-based gambling are legitimate here; for instance, physical gambling facilities have always been there. With respect to that the betting sites UK on Sportslens are legitimate and abide the laws of gambling. The Betting and Gambling Act, 1960, made land-based sports betting legal. The 2005 Act had placed new rules on sports betting and set up the Gambling Commission for overseeing these activities. Besides land-based gambling, there are online options like Betway, 888Sports, BetOnline, etc; even land-based operators such as Betfred and William Hill have online betting sites for sports betting. The British Parliament passed a Point-of-Consumption Tax in 2014 levying an extra 15% taxation for foreign-based bookies.
Since the UK constitutes Scotland, Wales, Northern Ireland, and England, gambling legislations remain the same. Since the Act of 2005 shifted authority on land-based casinos to local municipalities, the Welsh, Scottish, and Irish authorities today have more control over licensing. The Gambling Commission continues to regulate all remote and online licenses; this means all 4 areas must conform to the same legislations. Only the Republic of Ireland follows different sports betting laws. This is because it had gained independence from the UK in 1921 and deployed different laws. The country created the Casino Regulation Committee for supervising online and land-based casino operations. The 2015 Betting Amendment Act declares that both online and land-based operators that refuse to give winnings will have their licenses taken away.
The 1931 Betting Act set up laws over bookmaking and these were updated in 2015. The 1956 Gaming and Lotteries Act make land-based gaming legal in a limited environment; casinos are not legal but private clubs are. Details of licenses for private clubs were mentioned by the GALA or Gaming and Leisure Association of Ireland.
Since the UK Gambling Commission regulates every brick-and-mortar casino and online betting website, it is the most secure betting jurisdiction globally. Incidentally, many online sportsbooks have been included under the LSE as publicly-traded companies. The UK makes way for all types of payments like PayPal, Visa/MasterCard, and even Bitcoins.
Finally, the UK bettors enjoy the best opportunities thanks to the cutthroat competition amongst bookies here. For instance, bettors get special promotions for EPL matches. Since race horse betting became legalized in 1845, UK’s race book customers also receive a lot of encouragement. Because of responsible institutions like GamCare in the UK, responsible gaming is carried out.