Law and Licensing
Licensing and regulation of gambling, or gaming, are key aspects of the industry. In most countries, gambling is regulated at the level of state legislation, which implies obtaining special licenses to operate a business. Such licenses can be issued by both national and regional authorities.
In countries where gambling is legalized, the licensing process includes assessing the financial stability of operators, information security, and compliance with fair play rules. For example, in the United Kingdom, the licensing function is carried out by the Gambling Commission, which issues licenses after thorough scrutiny.
Failure to comply with legislative norms can lead to severe fines and criminal liability. In recent years, there has been a trend towards tightening regulation, especially regarding online gambling, due to its growing popularity and the need to protect players.
Some jurisdictions, such as Malta and Gibraltar, have become hubs for online operators due to flexible yet strict licensing conditions, attracting many companies to this sector.
It is important to note that the legality of gambling varies by country, and operators must carefully study local laws to ensure compliance with regulatory requirements.