History of gambling in the UK

History of gambling in the UK

Gambling in the United Kingdom of Great Britain has a rich history and one of the strictest laws in the world. At the same time, many operators express a desire to provide their services in the country.
This is due to the fact that more than half of the population regularly bet on sports or play in casinos. In addition, the presence of a gambling license in the UK significantly increases the prestige of the institution and causes increased trust among users, this is especially true in

The history of gambling in the country

Gambling in the UK has a rather rich and interesting history of development. Most of the time gambling was banned in the country, the first bans were introduced in 1388 by the king “Lionheart” (Richard I) in his army, and then throughout the kingdom. In 1664, a decree was signed limiting the amount of loss to 100 pounds. In 1704, this limit was lowered to 10 pounds.
In the 18th century, horse racing and betting on them began to become fashionable in the country. This entertainment was initially popular with the aristocracy, but over time, more and more ordinary people began to get carried away by this type of gambling. Illegal bookmakers appeared, which was the reason for the adoption of the law banning bookmaking in 1835. Although in general, this did not affect the market situation in any way.
It took about a hundred years for the industry to be legalized, and in 1960 a corresponding act was adopted allowing betting to be accepted legally. But underground bookmakers were in no hurry to “come out of the shadows” and provided their services, masquerading as other permitted activities.
The situation in the country was heating up, so the government decided to restore order in this area once and for all. In 1968, the “Gambling Law” was adopted, which is still in force today.
In 1993, a law was adopted regulating the methods and rules for conducting national lotteries. The main changes in the legislation occurred in 2005, when a new law on gambling was adopted. In general, this was dictated by modernity and the development of technologies, including the ability to place bets in online establishments.
In 2014, a number of amendments were made regulating gambling and advertising related to gambling.
The legalization of gambling has become the reason that, according to recent studies, more than 63% of citizens regularly make bets on sports betting. In 2018, a group of lobbyists initiated a new law on lowering the maximum allowed rate from 100 to 2 pounds. The impetus for this was the opinion that bookmakers earn too much. This innovation was planned to be applied in the fall of the same year, but it was postponed until the end of 2019.
In general, the political situation around the gambling industry in the UK is quite acute. In fact, politicians are divided into two camps, some want to raise taxes, others want to leave everything unchanged. It should be noted that the gambling industry has brought more than 15 billion euros to the country’s budget.

Bingo and casinos

The game of Housey was popularized in the armed forces during the Second World War and returned to the UK after it ended. The Betting and Gaming Act of 1960 allowed the establishment of commercial bingo halls, provided that they were established as member-only clubs and had to receive their share of membership fees and fees, and not as a percentage of entrance fees.
New online casinos not on gamstop have had a similar history, with a licensing requirement from the UK Gambling Council and with casinos being members-only clubs .

Remote game

Before the Betting and Lotteries Act of 1960, off-course betting was illegal, but telephone betting was legal, since the letter of the law did not consider it “an appeal to a house kept for betting purposes”. However, often “bookmakers” accepted and sent bets from a pay phone to the bookmaker himself.
The popularity of remote gambling in the United Kingdom is growing. All forms of online gambling are licensed by the Gambling Commission and, therefore, can be legally provided in the country under the Commission’s license.

Licensing authorities

The UK gambling legislation is considered to be the most strict and comprehensive in the global gambling industry. Given the rich history and the English “meticulousness”, the licensing authorities have now managed to bring order to the gambling business in the country. Players from the UK are the most protected, and the level of service provided in gambling establishments is very high.
The basic law regulating gambling was adopted in 2005, during its validity it had several additions aimed at greater transparency of the industry for all participants.
The main regulatory body for gambling in the UK is the” Gambling Commission ” (Gambling Commission). This organization issues licenses for online and land-based establishments, licenses the activities of manufacturers of gaming software (software and slot machines), the national lottery and sports betting. In addition, companies that perform maintenance of gaming equipment are subject to mandatory licensing.
The Commission was established on the basis of the” Gambling Law ” adopted in 2005 and began to perform its duties in full in 2007.

Written by Frederick Jace

A passionate Blogger and a Full time Tech writer. SEO and Content Writer Expert since 2015.

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