Sports Betting Regulations Outside the UK: Prominent Examples
All the UK citizens have heard about GamStop – a self-excluding program. But did you know that in other countries, there are plenty of unusual self-exclude programs and regulations for non-UK sites for sports betting? Some have certain licensing, while others offer unique ways to self-discipline yourself while gambling. See how it works and discover the landscape of gambling regulations in the world.
Japan: One Game Monopoly
The process of licensing in Japan is extremely strict. In fact, only luxurious resorts can afford to open betting platforms in their territories. Independent gambling sites are very rare. As for online gambling, the laws are also strict, and obtaining a Japanese license is almost impossible. That’s the reason why many betting platforms offer site versions for people from Japan – locals have no choice except to gamble on international platforms.
But here is a unique feature. Japan allows some unique and rare forms of gambling. For example, Pachinko, a game similar to pinball, is available. You can spend and win real money by playing it.
The USA: How Decentralisation Affected the Landscape
The US legislature is known for its decentralised system. Separate states have different laws and differ in political and social values. The same thing happened to the gambling market. Some states, like New Jersey, have a highly structured market and licensing process. There, both online and offline gambling are available. At the same time, there are states where gambling is forbidden entirely and the pros and cons of gambling legalisation are still being discussed.
This led to an interesting result. Many people visit other states to bet on sports and enjoy the unique gambling experience. These states, for their part, use it as a unique offer for tourists.
Norway: How State Monopoly Led to Unlicensed Betting Market
Norway has strict rules for betting sites. In fact, there are only two gambling platforms in the country, both allowing casino games and sports betting. But here is the thing – both are owned by the government. No independent companies can register or obtain licenses in Norway. Because of that, people often play at the betting platforms licensed outside Norway. The lack of gambling education made Norwegians trust unfair platforms. Thus, the government now has another challenge: to educate Norwegians and provide more opportunities for national gambling.
Sweden: the Perfect Example of Betting Regulations
The gambling market in Sweden is highly regulated. For locals, gambling and sports betting are a way to have fun and relax. Treat it as a national feature. Thus, the government did everything possible to control the situation, but not too much. How?
Now, all betting sites can receive a license in Sweden. At the same time, it is difficult and requires the best security measures and fair rules for players. But if you obtain a license, you are highly appreciated and promoted by the state. The government has a special marketing campaign that promotes online platforms with Swedish licenses. This way, the state helps people to find reputable platforms and avoid unlicensed sportsbooks and scams. Moreover, the state still has a monopoly on some types of gambling. It includes land-based slot machines, as well as TV and online lotteries.
South Korea: Betting Only for Tourists
South Korea has a truly unique legislature. First of all, gambling in the country is socially reprehensible. It is considered bad manners to gamble and spend money at bookmakers. At the same time, the government understands that land-based gambling is a decent way to attract more tourists. Add to this the fact that several years ago, South Korea was not as popular among tourists as it is now.
As a result, the state introduced a unique law. Land-based betting shops are forbidden for all locals and South Korean residents. At the same time, foreign tourists can visit bookmakers. They are usually located in hotels and resorts in cities, and they are popular with tourists. It is an amazing way to replenish the budget with no risks to the local population.
Sports Betting Regulations in Europe
Each country in the European Union has its own rules regarding gambling. There are a few interesting examples – usually, the legislature is similar. However, some countries still prohibit sports betting and other gambling activities, while others have well-regulated markets. This leads to casino and betting tourism.
As you see, balance is what each region needs. Countries with no regulations have a high percentage of gambling-addicted people. At the same time, regulations that were too strict led to the appearance of an unregulated market. So, before going live, these rules must be thought through thoroughly. The best idea is to combine responsible gambling features with free policies and provide citizens with an opportunity to choose among different platforms.