Sign Up

Tag Archives: gambling laws and regulations

Online gambling laws and regulations

Posted on by

Online gambling regulations.

Gambling on the Internet allows people from around the world to bet in online casinos using software developed specifically for online gambling sites. Casino games in online casinos offer the same opportunities which could be found in traditional casinos. Any software that is used by an Internet casino for online gambling is obligatory tested by the federal gambling rules and regulations board. In addition to testing of the software, all Internet casinos must act in accordance with the Code of Conduct, which was adopted by the Interactive Gaming Council (IGC).

The purpose of the IGC is providing consumer confidence in interactive gaming products and services with help of fair and responsible trade guidelines and practices. The IGC is intended to create a forum for people who want to discuss various aspects of online gambling, and to be a defender of the gaming industry. In order to get approval for online gambling, Internet casinos should follow the ten online gambling regulations of the Code of Conduct. These rules include such aspects as consumer privacy, data protection, regulatory compliance, liability,  fair advertising, limiting access of minors, dispute resolution, auditing standards, banking and transaction processing, bonus payments, and others. If Internet casino does not meet any of these gambling regulations, the approval of the IGC will be removed until all rules will be adhered by online casino.

Because there are thousands of Internet casinos, software testing and the IGC Code of Conduct set standards for all casinos providing Internet gambling. Without these gambling rules and regulations online gamblers will have no possibility to value and to trust online casinos.

UK online gambling statistics info

Posted on by

UK Gambling Statistics

In the past, in order to develop their own strategy, gamblers had to constantly go to the casino and practice, practice … accumulating their gambling statistics as long as money runs out or till they kicked out for fighting with the dealer after another failure. In fact, early in the century it was almost the only way to perfect your gambling skills. You could also get work in the casino and watch until there is a strict theory about game in your head.
Of course, all these methods exist and work even now, but progress does not stand still – after the invention of online poker, a professional player has more possibilities. There are special programs to collect and analyze internet gambling statistics of played hands, to assess the level of your opponents in real time, to overplay hands, and more. The greatest demand is always for collectors of online gambling statistics.

Almost all online gambling sites in the UK offer such a service as online gambling statistics of each player and a general statistics of the casino.
There are also special sites, which are specialized on collecting statistics from online casinos throughout the whole country. So, you can easily get gambling statistics UK without making any special effort.
As we can see, today if you want to improve your poker skills you should only spend a little time surfing on the Internet to find all needed information.

Online gambling regulations and laws explained

Posted on by

Gambling Laws and Regulations

In 2005 in Great Britain The Gambling Act 2005 was adopted.  The representatives of gambling business, society and government have worked at it for several years.  An obtained gambling regulation is unique.  362 articles of the law form its 18 chapters, there almost all ways of gambling (sweepstakes, bingo, casinos, slots etc.) are regulated, the system of government acting (gambling commission) in the gambling business is established, also the means of gambling addiction control and of child protection are provided.   The Gambling Act 2005 came into force in September 2007. This period was provided for the reorganization of certain public bodies, for the acquaintance of business with new rules of gambling regulation. For this period Gambling Commission has developed special acts detailing some provisions of law.

Just in the first article of gambling law the main objectives of gambling regulation are marked out; they cause all its provisions.
1)  protection of children and other vulnerable segments of the population from the engaging in gambling, establishing of gambling age;
2) inadmissibility of the interpenetration of crime and gambling business;
3) providing of fair game;

As of June 2011 the UK gambling business has achieved the following results:
1. The number of casinos on the territory of the United Kingdom – 145 (25 of them are in London).  The total drop of all casinos is 4,958 billion pounds. Over 16 000 employees are working in casinos.
2. The number of bingo clubs – 690. The total amount of bets is 2,012 billion pounds. 19 000 people are working in clubs.
3. The number of slots is about 200 000. The total profit from slots is 2,17 billion pounds. 22 000 people are operating at them.

Summing up, we should notice the professionalism of British powers in resolving of set problems.  They understand well the whole complex of problems related with gambling legalization and solve them with admirable pedantry.  At that, not only interests of government are taken into account, but also interests of gambling business and British society.
What about online gambling sites, today British citizens can gamble online on any site regardless the place where the site operator has got the license.  So, it means that the holders of gambling licenses act in accordance with laws in those countries, where they provide their services.   But the sensational case of illegal poker sites shows all in a completely different light.
Such situation forces British government to review its position to online gambling sites having foreign or offshore licenses.  For this, a special gambling commission was created and its recommendations will be published in the coming weeks.  It is now unclear how the low will be changed, but the fact that there will be changes is certain.

Sign Up