Gambling is becoming more and more popular, so the number of sites on the network where you can bet is constantly increasing. Many of them are designed for European users who are responsible for their safety. Therefore, in the Old World, there are several large regulators at once that provide control over gambling.
There are different approaches to regulation. Some countries have separate zones where gambling is allowed, while in other regions it is strictly prohibited. It may also be available, for example, only poker, while other gambling entertainment remains inaccessible. The safety of the players remains a priority, so the link to GambleAware is often found on reliable portals, allowing players to take the help of professionals when the need arises.
United Kingdom Gambling Commission (UKGC)
The UK gambling industry remains one of the most extensive. Currently, more than 100,000 people are involved in this area, and the contribution to the economy of the kingdom is more than 14 billion pounds annually. Among the most popular entertainment is the Crazy Time Live game. The game has several bonus rounds at once, which makes the gameplay even more exciting and profitable.
Online gambling in the UK accounts for approximately 40 percent of all industry revenue. Over the last year, the growth of this segment is about 8 percent. Gambling entertainment remains an integral part of the local structure. Therefore, the authorities initially legalized sports betting and then expanded the scope of regulation to land-based casinos. With the increasing popularity of online gambling, the following are becoming legal:
- video poker betting;
- slot machines;
- live casino.
Regulation is carried out under the law on gambling, which was adopted by the Parliament of the Kingdom in 2005. It received several additions that are designed to increase the security of personal data, as well as expand the rights of gamblers. To start a gambling business in the British Isles, a company must apply to the local regulatory organization – the Gambling Commission. The body constantly monitors current trends and changes its requirements under them. So, from 2020, there is a need to change the rules regarding the verification of the identity of players. Therefore, the verification process at casinos that operate under a local license becomes more complex, which helps to reduce the risk of betting fraud.
Malta Gaming Authority (MGA)
If we talk about popular jurisdictions among gambling sites, Malta will take one of the first places in the ranking. The reason is that this island nation was the first in the EU to pass laws to regulate the gaming business. Thus, the Maltese government has been licensing remote games since 2004. This allows you to play your favorite entertainment from trusted providers using the services of a casino with a Maltese license. Among other factors that had a positive impact on the popularity of the jurisdiction, the following should be highlighted:
- an attractive tax system;
- a clear set of regulator rules.
Gambling laws were consolidated into a single act in 2018. Subsequently, it was expanded following the standards of the Malta Gaming Commission. The site accepts applications for licensing constantly. The cost of obtaining a license is 25,000 euros, and there is also a payment by the size of the site’s current income. The maximum amount does not exceed 600,000 euros in annual terms. The Commission pays due attention to safety issues and revokes licenses if sites no longer follow regulations.
French Autorité Nationale des Jeux (ANJ)
French gambling legislation remains one of the most detailed. For a long time, two structures operated in the country at once:
- Française des Jeux;
- Pari Mutuel Urbain.
The first accepted betting on sports and lotteries, and the second provided control over betting during the races. Land-based casinos are allowed in the country, and you can bet on poker on the Internet. France has a high taxation system for gambling, as well as one of the most stringent requirements regarding the safety of players. Since the country has a huge love of betting, it is not surprising that the local market remains popular among operators.
Conclusion
European regulators are constantly changing the rules, which allows them to ensure the safety of users and take into account the interests of each group of gamblers. As a result, it is possible to create an environment that ensures the further development of the gambling industry and allows players to focus directly on their bets.