Yes, It is. All gambling in the UK, both online and offline, is permitted by law, provided the online casino has a valid license. Operators who do not have the appropriate license are prosecuted and severely punished.
To regulate the gambling industry in the UK, a set of rules has been created – License Conditions and Codes of practice. An operator who has been verified by the Gambling Commission and complies with the rules and laws of the country can open an online casino under a UK license anywhere in the world.
UK regulatory and legislation
The UK Gambling Commission (UKGC) issues two types of licenses to online and offline casinos. Here you can choose the best of them.
The country’s legislation allows the issuance of permits to operators who are outside it. Online licenses are mandatory for anyone who provides gambling services to UK residents.
Permission for online establishments allows you to offer games through websites or mobile phones.
The regulator does not have the right to issue a license for both types of casinos: land and online. But different types of entertainment can be combined in one document. For example, the Commission may allow you to offer bets and slot machines on the site.
UKGC fully controls land-based, online, and foreign casinos. Under the 1993 National Lottery Act, it regulates the UK National Lottery.
UK online casino licenses
UKGC regulates and licenses the online casino sector. A separate division of the commission, the Sports Betting Intelligence Unit, monitors virtual bets at UK bookmakers.
Licenses to land-based casinos and gambling in the UK
In the UK, you can gamble, bet, and participate in the National Lottery. Legitimate:
- slot machines
Sports, horse racing and fantasy sports are allowed.
Land-based casinos in the UK can set up fixed-odds betting terminals. From April 1, 2019, the maximum rate for rotation is not 100 (as it was before), but 2 pounds.
The main monopolist of the commercial lottery in the UK is the National Lottery. The legal entity licensed to hold it is Camelot UK Lotteries Limited. The company develops new games, provides services to players and the winner, and manages the ticket sales network.
UK law allows bookmakers to accept and bet on the results of all lotteries except the National.
How to find the best online casino in the UK?
1) Before making the first deposit, do not spare a little time to quickly find complete information on our website Casino Ivan. It is important to make sure that the online casino you choose uses licensed and legitimate software and that this casino has complaints from players.
2) Pay special attention to promotions to promote bonus packages, as well as rewards in the VIP program. Each bonus promotion must have a user agreement, which stipulates the conditions.
3) It is better to play only in the online casino, which also accepts British pounds.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or using any platform.