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Monday, 25 February 2019

UK Casinos and Gambling in the United Kingdom

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Gambling online is exploding in popularity in the UK, with almost every evening TV ad break containing adverts for at least one online casino or bingo site. The UK is leading the way in making online gambling a safe and legal pastime. The UK government introduced a casino whitepaper which provided strict guidelines for casinos which wanted to advertise in the UK market. Another benefit for UK gamblers, is that in the UK winnings from online gambling are not taxable, so if you are lucky enough to scoop that big jackpot then you wont have to pay tax on your winnings.

UK online casinos are generally required to be licensed in a jurisdiction which is acceptable to the UK government. Currently the jurisdictions on the government's whitelist include Alderney, Antigua, Cyrprus, Gibraltar, Isle of Man, Malta, Tasmania and the United Kingdom. The requirements for a gaming license in these jurisdictions varies, but the casino must prove they are stable financially, that the games are fair and random, that they are committed to fair gaming, they have adequate customer support, and adhere to a code of conduct.

UK casinos also offer a choice of deposit options designed specially for UK players. UK gamblers generally deposit with either credit or debit card, and webwallet services such as Neteller and Moneybookers are not as popular with UK players as with European players. In addition, UK casino players also have the choice of depositing with PayPal in certain casinos and also Ukash which is a voucher based deposit system which can be bought at various stores in the UK.