At first, online gambling is unregulated and those who want to engage in such activity do it discreetly in fear of being arrested. The initial step in the legitimizing the industry involves creating online gaming commissions. These include Isle of Man, Kahnawake, Curacao, Alderney, Malta and Gibraltar.
Such jurisdictions are by and large part of regulating online casinos. But as time passes by, regulation of online gambling as well as development of law that surrounds online gambling becomes an area of interest for the bigger players in economy.
Online Gambling and UK Regulations
As a matter of fact, the UK was the very first country to step in and address the situation. UK Gambling commission was formed through Gaming Act of 2005 and its job is to oversee remote gaming. This has combined all of the gaming in UK under one regulator.
As for the online gaming, the jurisdiction of Gambling Commission does include:
- Sports Betting
- Casinos and;
- Online Poker
Gaming Regulation in Canada
Canada is unregulated country when it comes to online casino gaming. The regulations are actually up to its individual province. Provincial lotteries for example are regulating online gambling in every jurisdiction where it’s regulated.