Bet Blogger To bet or not to bet

16Mar/100

Legality of the bookmakers

Bookmaking may be legal or illegal, and may be regulated; in the United Kingdom it was at times both regulated and illegal, in that licences were required but no debts arising from gambling could be enforced through the courts. Now, since the inception of the National Lottery, not only is it completely legal in the UK, it is a small contributor to the British economy, with a recent explosion of interest with regard to the international gaming sector industry. However, gambling debts still remain unenforceable under English law.

Bookmaking is generally illegal in the United States, with Nevada being a notable exception.

In some countries, such as Singapore, Sweden, Canada and Hong Kong, the only legal bookmaker is state-owned and operated. In Canada, this is part of the lottery program and is known as Sport Select.

In the United Kingdom, trusted legal bookmakers are members of IBAS, which is an industry standard organization which resolves to settle

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia.

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