Category: Industry News
The International Association of Gambling Regulators (IAGR) said that the central topic in the work of regulatory agencies was consumer protection and problem gaming.
According to the association, 88% of regulators who participated in the survey “Regulation of gambling – global development 2018-2019” are actively studying the issues. In 2017, the last time the survey was conducted, 82% of regulators developed the issue. At that time, consumer protection was named the top priority of gambling regulators’ work. Today this figure has grown to 90% of gambling regulators.
However, there are fewer agencies dealing directly with ludomania problems. In 2017 – 59%, and according to current information to date – only 54%. But the number of those who are developing methods to combat contract matches has increased from 38 to 45%.
According to the data provided by 44 jurisdictions, the most common form of gambling is the lottery. Next in the ranking are casino games and sports betting.
Fighting gambling crime is a key responsibility of gambling regulators. We can identify the five most priority areas in this direction: the fight against illegal gambling operators, money laundering, fraud, the organization of matches and the rights of minors.
According to the report, two-thirds of regulators will receive mandatory contributions from operators to develop responsible gambling programs.
Looking ahead, the organization notes that in the near future one of the most pressing problems may become the legislative regulation of gambling in the liberalization of neighboring markets. The problem may be particularly acute in the online segment.
According to Paul Newson, President of IAGR, the results of the research are a tool that promotes quality information exchange and cooperation in the development of policies for the supervision of the industry.
The head of the association also added that thanks to increased cooperation between jurisdictions, regulatory authorities could implement more effective policies to regulate the gambling industry. It also made it possible to focus collective efforts on areas that were most at risk.
Gambling regulators from Europe, Africa, Australia, North, and South America participated in the survey.
Recall that Georgia plans to assess the extent of ludomania spread.
Gambling on the Internet – a global phenomenon, however, there is no single legislation that applies to gambling around the world. Instead, the vast majority of countries have their own laws relating to legal and regulatory issues. These laws vary greatly from country to country, so the question of the legality of a particular type of gambling depends entirely on the legislation of your country. In addition, many regions often make changes to the law, which is even more confusing.
At GamblingSites.com we follow all legal and regulatory changes in the gambling industry and in this section of our website we have prepared for you the latest information on online gambling legislation in many regions of the world. We have also prepared detailed information on all major jurisdictions for online gambling and licensing authorities that regulate the online gambling industry. If you like online gambling and betting, we strongly recommend that you read this information.
On the page below you will find an overview of all the information provided in this section. If you are looking for information on a particular country, you can use the links on the right side and go directly to the question of interest. Before we begin, we would like to answer the two most important questions.
What is online gambling jurisdiction or a licensing jurisdiction?
There are regions in the world that have special legislation allowing them to license and regulate the gambling business (including both gambling operators and developers of specialized programs). These regions are called gambling or licensing jurisdictions. Generally, such jurisdictions have a special organization responsible for issuing licenses and controlling the activities of licensees. These organizations are referred to as licensing authorities.
The only way for a gambling site to legally provide its services to customers is to have a corresponding license issued by licensing authorities. In order to obtain a license, a site must, as a rule, perform at least part of its operations under the relevant jurisdiction. In practice, this leads to the fact that most gambling sites choose the place of registration, depending on legislation and regulatory practices, which they will have to follow.
How do the laws and regulations affect you?
The vast majority of gambling laws in different countries apply to companies that provide betting and online gambling services. It is extremely rare that a state categorically prohibits and explicitly makes it illegal for its citizens to use such services. In view of the above, we recommend that you review the relevant legislation of your country of residence to ensure that you are not in violation of any law.
We also advise you to study the regulation of different jurisdictions for gambling. Some jurisdictions have very strict requirements, while others do not control gambling establishments as carefully. This means that not all gambling site operators follow the same standard rules, and this should be taken into account when selecting a gambling site. Undoubtedly, the choice of a site in a jurisdiction with strict requirements is more preferable.
Jurisdictions for gambling and licensing authorities
Alderney is considered one of the most respected jurisdictions for gambling. The local licensing authority, the Alderney Game Control Commission (AGCC), has introduced very strict rules and laws for its licensees. Many of the best gambling sites operate under an Alderney license, which generally guarantees their reliability.
Antigua and Barbuda
Antigua and Barbuda is not only a popular banking offshore, but also one of the first regions to adopt legislation and become a gambling jurisdiction. The Gambling Offshore Authority of Antigua began issuing licenses to gambling and betting companies back in 1994. Antigua and Barbuda has long held a leading position in terms of the number of licensees worldwide.
Belize is another pioneer among gambling jurisdictions. The country adopted the “Computer Gambling Act” in 1996, thereby creating a legislative framework for issuing licenses. Since then, the Computer Gambling Licensing Board of Belize has been issuing licenses and controlling licensees. Recently, licensing requirements have changed, in particular, the cost of issuing a license has been significantly reduced.
Costa Rica is a jurisdiction for many companies involved in online gambling. And this despite the fact that the country has very little developed legislation on gambling. Companies must have a license to work legally in the region, but a special license for gambling and betting is not required. All you need to register and get a license in Costa Rica – get a general license, which is quite easy to obtain. In general, this jurisdiction has a clear lack of laws governing gambling.
A former Dutch colony, now Curacao is an independent country. Gambling online is one of the main industries in the country, the first licenses were issued to companies in 1996. It was then that Curaçao’s Licensing Authority for Internet Gambling was established. This body is one of the oldest in the industry, it issues a single license for all types and forms of gambling.
In Cyprus, licenses to organize online gambling is issued by the Ministry of Finance. Since 2012, most companies licensed in this country are bingo operators. This is due to the fact that in 2012, the legislation has changed, and the only allowed types of gambling remained fixed sports betting and lotteries.
Gibraltar has earned a reputation as one of the leading online gambling jurisdictions. It has been issuing gambling and betting licences since 1998, and since then many leading gambling brands have chosen to license the country. Strict laws ensure the reliable and fair operation of the licensees of the Hibraltarian jurisdiction.
Isle of Man
The Isle of Man is a reliable jurisdiction for online gambling and betting. Licenses here are issued by the Gambling Supervision Commission, and the requirements for companies are very strict. The Isle of Man legislation provides careful monitoring of the licensees and ensures that they comply with all rules.
Kanawek is an Indian reservation in Canada. Kanawek was one of the first jurisdictions for online gambling, and its licenses have several well-known operators. The Kanawek Gambling Commission was established in 1998 and began issuing licenses to companies a year later. This jurisdiction controls all forms of gambling and works closely with several other licensing authorities around the world.
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