Gambling laws are enacted in order to regulate legal and fair gambling. To maintain legality and security casinos must abide by a selection of rules.
Gambling act 2005
All the laws surrounding gambling with branded titles are documented in great depth in the 2005 gambling act law. This law updated a law that goes back to 1845, it controls virtually all forms of gambling. It is used to minimise crime and create secure casinos.
UK slot casinos must meet these strict regulations to prove that their casinos are fair. Below are just a few of the many laws associated with gambling.
In the United Kingdom, you must be aged 18 or over to legally gamble. Anyone found gambling under this age will be subjected to criminal persecution. To confirm an individual’s age, casinos usually ask for an acceptable ID.
There are a few exemptions to this age rule. Gambling in the form of the lottery, football pools and a selection of scratch cards have a lower age limit. You must be aged 16 or over to participate in these forms of gambling.
The United Kingdom holds one of the lowest age restrictions. Commonly countries require you to be aged 21 or over to gamble. It is not just age laws that casinos must follow.
Casinos also need gaming regulations that control the casinos and sportsbooks that provide the action. The fact is if you are the one making the bets as opposed to taking them, things are much easier.
Gamblers are the players in UK slot casinos who are making the bets and operators are the ones who are taking the bets. Gamblers rules are a lot simpler. If you are a gambler you do not need a license to make a bet. If you win you are not obligated to pay tax. The greatest advantage of being a gambler is that anyone can be one, you do not need to meet a set criterion.
Operators on the other hand, need to follow strict rules. On all their winning they must pay 15% tax. They also need to COMPLY with a set of advertising standards and two forms of codes. The Gambling Industry Code for Socially Responsible Advertising (Industry Code) and the CAP code. Finally, it is a legal requirement for operators in the UK to hold a valid licence from the gambling commission. This license must also meet the codes of practice requirements.
If anyone, gambler or worker fails to meet the regulations of gambling then they will face the possibility of a criminal conviction. Underage gambling will result in a £1000 fine. More serious crimes such as cheating or gambling without a permit could leave you in a fine of £5,000 or 51 weeks imprisonment.