Is online gambling regulated in the UK?

Online casino growth in the UK
Gambling is no longer what it used to be ten years ago; the gambling industry has grown massively since the inception of online gambling. And, this massive growth of online gambling is most prominent in the UK. So, when you talk about gambling in the UK, what comes to mind isn’t a stylish physical casino or betting shop but an online casino. These online casinos allow gamblers to get the exact feel of physical casinos but from the comfort of their homes.

It’s no news that Britons love to gamble; over the years, gambling has been found to be one of their most enjoyable and popular recreational activities. For centuries, playing the lottery, casino games, and betting has been a popular pastime for English people. However, people’s indulgence in these games has taken a huge turn since the introduction of online casinos. This increase in online gambling and the use of online casinos is because gambling is legal in the UK and more convenient.

The gambling industry has become more successful and has generated billions of dollars towards the UK’s GDP through the years. However, the economic value of gambling is not the only reason for its massive growth and increase of online casinos in the UK.

In recent times, the pandemic played a pivotal role in the popularity of online casinos. Since people could not go to land-based casinos, they only had to resort to online casinos.

The urge to play increased even more because of the isolation, anxiety, and boredom that came from the pandemic. All they had to do was visit the gambling site of their choice, sign up, deposit some money, and start placing bets.

Why has online gambling become so popular in the UK?
For the British, gambling is not just a game; it is a way of life. For this reason, online gambling, since its genesis, has thrived exceedingly and quickly gained wide popularity in the UK. It has made their way of life more accessible and convenient.

In addition to the convenience attached to online gambling according to all casino reviews, other factors make it attractive to people in the UK. Some of these factors are:

Social Factor
Gambling has been a part of the UK lifestyle for centuries. From gambling on horse races to playing state lotteries and poker games, gambling continues to be a favourite pastime for the British people. Therefore, the environment and deep-rooted gambling culture are some reasons for the rapid growth of online gambling in the UK.
Also, there are several online casino games giving out bonuses for people to patronise them. This makes it hard for people to resist the already existing urge to gamble. Gambling is even more exciting now that people can easily access it on their phones.

The law
Gambling is legal in most jurisdictions in the UK, and this is why people gamble freely. Since gambling is not prohibited in the UK, people want to play as much as they can. However, while gambling is allowed, there are laws preventing underage kids from participating in online gambling. UK indigenes, visitors or tourists, and residents have the luxury to enjoy gambling activities, unlike some countries where gambling is prohibited.

The money and rewards
This is one of the major reasons why online gambling has become tremendously popular in the UK. The thought of winning humungous sums of money by investing only a fraction of the foreseen prize is what makes gambling captivating. Everybody wants some more money without losing or investing any – or so much. Gambling gives them this chance. Also, the bonus and rewards offered by these online gambling platforms are quite enticing. These rewards come in the form of free spins, deposit cash bonuses, real spins, and others. All of these only keep gamblers – new or old, coming back for more.

Convenience
Another reason online gambling is growing rapidly in the UK is how easily accessible it is to people. People can play the games they want from the comfort of their homes. They no longer have to visit land-based or physical casinos before they can gamble. So, they can easily make a quick deposit online and access their favourite casino games through the internet.

Although gambling is part of the British lifestyle, it is being regulated. The Gambling Commission regulates the online body, and all online gambling operators must adhere to its rules. Online gambling operators must purchase their licenses from this body if they wish to offer gambling services to UK citizens. Gambling in the UK is also regulated by the Gambling Act 2005. This Act ensures that gamblers and consumers are not exploited. It also ensures that gambling is not a source of crime associated with crime or disorder.

Gambling has become more profitable than ever in the UK and has contributed massively to the increase of UK revenue. This is due to the fact that online casinos have become more popular over the years and are not disappearing anytime soon. Gambling continues to be a favourite pastime activity for people in the UK. They enjoy all types of online casino games such as poker, bingo, sports betting, and other popular casino games.