Every destination is different when it comes to the rules, regulations, laws and guidelines of gambling. In order to play at an online casino with confidence, it’s recommended to do your due diligence before getting down to business. For instance the Gambling laws in UK has its own set of rules which specify what a player can and can not do while gambling online. If you are looking into gambling somewhere outside of your hometown, you need to be smart about it and check out the rules beforehand. Not only do you want to avoid any kind of misunderstanding, but you also want to play accordingly, and for that reason introducing yourself to new guidelines is important.
Gambling Laws in UK is legal for anyone over the age of 18. Although the UK has strict regulations when it comes to gambling and where you can use credit cards, people seem to find it extremely appealing as there are no taxes on gambling wins. Nevertheless, there are tons of strict rules in the UK that players need to follow in order to ensure that they aren’t infringing any gambling laws. Here is a small introduction to gambling laws in the UK you should check out before playing.
Is Gambling Legal in the UK
First of all, people need to understand that gambling is legal in the UK and it has been since 1960. Since 2005, the UK rules were considerably less strict, which opened the way for more games to be developed and played with.
As mentioned previously, the minimum age to legally gamble in the UK is 18, and this applies in both platforms, online and in an actual venue. For that reason, people that look underage can be asked for ID, in order to ensure that they are allowed to play. Nevertheless, there is one small exception, when it comes to lotteries or scratch cards, participants need to have a minimum age of 16 years old, but this is the only time this rule applies.
Taxes on Winnings
In the UK there is no need to pay taxes on the player’s winnings, although this only applies if the gambler is not a professional in this field. Any player over 18 that wishes to gamble is allowed to, as there are no licenses needed in order to play.
Is Gambling Regulated in the UK
Gambling is in effect regulated in the UK whether they are land based or even on a virtual platform. This applies to casinos, betting, bitcoin mining on 37coins, and gaming machines, however arcades fall somewhere in between. Depending on the type of arcade that it is, and where it is located, in a family scenario or in a place for adults, this will determine if the machine is regulated or not.
These are only a couple of gambling laws in the UK to get you started. If you are interested in playing in the UK read further into their rules and regulations, you always want to be a great player and do everything legally; after all UK gambling fines are very expensive to pay off.