Online Casino and Gambling Regulations
Currently the online casino and gambling industry is regulated by many different countries. The most popular
new regulators are those out of the UK government.
In 2005 the United Kingdom passed the Gambling Act which made it legal for licensed online gaming operators to provide online betting services to the world. The UK has regulations on TV advertising, as well as for running proper gaming operations. Strict standards must be met before the UK allows an online casino to operate and they must consistently live up to those same standards in order to keep operating with a UK license.
Other regulatory bodies exist in Antigua, Ireland and Australia. There are several other major nations including Italy, Germany and France, who are in the process of developing their own standards for regulating online casinos.
An online casino must follow the regulations in which they are licensed. This means that a casino with its home base operation in France must only follow France's regulations in order to maintain their license and thus continue operating. However, they also must meet operating standards in other countries if they wish to advertise in those countries. Right now, the UK has the strictest rules, standards, and regulations, therefore it can be assumed that if a company is licensed and allowed in the UK, then they are able to advertise in any nation around the world.
The United States currently has regulations for online gambling sites by state. For instance, Kentucky regulates TwinSpires.com, an online horse betting website based out of Kentucky. Nevada regulates many of the Las Vegas sportsbooks who allow online wagering to citizens within Nevada. There is currently many bills present before Congress that would allow for nationwide regulations, and with the new Obama administration these bills are expected to pass within Obama's first term.
The conclusion is that online casino and gaming companies are well regulated throughout the world. These new regulations that online casinos must follow make playing at an online casino, no matter where you live, a sure bet to be safe and secure.