Highlights of the Growth of Online Gambling UK
As at January 2019, every form of online and brick & mortar gambling was declared legal in the UK. The United Kingdom Gambling Commission is the organization responsible for regulating both online and land-based gambling in the UK. All sportsbooks, casinos and other gambling companies in the UK have been mandated to obtain a license in the country to carry out gambling activities. In addition to being licensed these companies are under the scrutiny of the gambling commission. The implication of this is that gamblers patronizing Online Gambling UK can rest assured of quality service and gaming delivery from all the casino sites available to them.
How Online Gambling UK Started?
The first set of gambling activities to be regulated by the commission was the lottery. Lottery was started in the UK sometimes in the 1930s. The period following the World War II witnessed a huge surge of gambling activities in the country. During this period, gambling was not regulated but many gamblers stuck out their neck to participate in the different forms of lottery games available as at that time. In the early 1960s, taxation and regulation policies were enforced on every gambling activities ranging from off-course betting rooms to casinos. At the beginning of this era, only a handful of gambling venues were allowed but with the new regulations of the Gambling Act of 2005, many new and large-scale casinos opened their shops to all players.Online gambling uk
Today, the gaming market in the UK has become enormous. There are various gambling forms that have come up over the years. One of such forms of gambling is the Bingo. Bingo is very popular among gamblers. It was so popular that even the smallest towns have bingo halls located in them. In addition to this, many of the pubs in the country have at least a gambling machine in their offerings.Online Gambling in the UK
It is no doubt that the United Kingdom is a hotspot for online gambling of various types. Apart from the fact that it is famous among residents of the country, it also enjoys the backings of the Gambling Commission. British residents are free to access Online Gambling UK on their computer system from the comfort of their homes without any fear. There are many gambling sites that are licensed by the Gambling Commission of UK, who reside within the UK territory, that offer their services to players in other parts of the globe.The state of Gambling in the UK today
Although gambling is legal in the UK, many gambling companies have opted for licenses from other territories. This is major because of the 15% tax that is levied on Gross Gaming Revenue in the country. Many of the biggest gambling companies in the UK have relocated their offices to other parts of the globe, where the taxes are not as huge as this. However, a new law that was established in November of 2014 has ensured that gambling companies will not be able to avoid the tax. The law has mandated all gambling companies that operate in the UK gambling market to obtain a license from the United Kingdom Gambling Commission. The implication of this is that for any gambling operator to operate in the UK, it must possess a valid license given by the gambling commission of UK.| Free casino reviews | Our project | Bonus | Start |
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