The key topic of this forum was integrity, and everybody is very interested in seeing this continue.” We had an opportunity to talk in-depth about issues that matter.

“There was a lot of interest, and it was well-attended, and we had a diversity of stakeholders there. Only Nevada has multiple decades of experience and data on sports betting, which is one of the reasons UNLV took up the challenge of bringing people together to talk about it. But with each state approval comes different rules and regulations overseeing betting. Seven states have joined Nevada in offering legalized sports betting since. Supreme Court struck down the Professional and Amateur Sports Protection Act on May 14, 2018. The need for a sports betting forum was realized over the past year after the U.S. Sports Betting Forum on Wednesday in Boston was a success. The former state Gaming Control Board chairwoman, now an academic sports betting fellow with the UNLV-based center, said the first gathering of the U.S. (Las Vegas Review-Journal)īecky Harris bets she and her International Center for Gaming Regulation colleagues may just be onto something. Since credit card companies, banks, e-wallets, and other payment processors have a legal climate to operate under, there are many more options for players in regulated markets.Gamblers sit in the sports book at Sunset Station casino in Henderson in 2015. Payment processing is also much easier in these jurisdictions. The most important benefit is the security and legal recourse that citizens in these countries receive if something goes awry.īettors can use the legal system to recover funds if they feel they have been wronged by an online bookmaker or have not been paid their withdrawal requests. Benefits Of Regulated International Betting Markets

These countries also allow bookmakers to set up shop inside their jurisdictions, providing the government with tax revenue.Ĭountries like the UK, which liberalized online sports betting early in its existence, have benefited from becoming early adopters. In countries with regulated gambling, citizens can wager on sports freely on the web without fear of breaking the law. Many countries in Europe, most notably the United Kingdom, have a fully regulated and legalized online betting industry. For further information, read our Privacy Policy By submitting this form, you agree to receive emails from Safest Betting Sites.

International sports betting forum