Regulating Gambling

August 19th, 2010

Gambling is a popular pastime in Great Britain, with bingo being the number one game for women between 18 and 25 years of age. 

There are over 600 bingo clubs across the country to choose from, the majority of which are open on a daily basis and offer a number of games to their customers.  Or you can play at your local social club on a Saturday night to raise much-needed funds or browse the web to play on one of the many bingo sites that are on offer.

And that’s only if you want to play bingo.

There are lots of different venues that you can go to in Great Britain if you want to throw the dice or chance your luck some other way.

There are almost 1000 arcade operators, 800 betting shops, almost 600 on-course bookmakers, about 150 casinos and over 500 lottery operators.  And of course, there are pages and pages of websites listed on a simple internet search that you can visit if you don’t want to go out.

It’s big business and it’s not only big business on this little island.  Last year, the global legal gambling market netted approximately $335 billion.

With that amount of money involved in gambling, it’s important that there is a regulatory body to oversee the sector to ensure that rules and procedures are followed correctly.  Organised crime is regularly discovered to be working in the gambling sector with illegal betting shops, unlicensed gaming machines and sport fixing hitting the headlines.

In Great Britain, the Gambling Commission was created under the Gambling Act 2005 to regulate the majority of gambling in the country.

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Filled Under: Gambling, Online Gambling