Estimated read time 3 min read
Betting Legislation and Regulations

Betting Legislation: An Overview for Forex Trading

Betting legislation is an ever-changing and complex area of legal compliance. The regulatory landscape for betting businesses has evolved significantly in recent years and, as a result, legislation must be kept up to date, checked for relevance and applied correctly. This overview provides an easy-to-follow guide to the main legislation involved in offering betting services, including UK Gambling Commission Regulations, the Licensing and Advertising Act 2014, the Licensing and Advertising (Remote Betting) Regulations, the Money Laundering and Terrorist Financing regulations and the Advertising Standards Authority rules. The guide also provides best practice advice for ensuring compliance and staying up to date with changes in legislation.

Estimated read time 2 min read
Betting Legislation and Regulations

Betting Legislation: Learn About Forex Trading Laws


The United States is no stranger to legislating and regulating the gambling industry. With the help of the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006, the country has put in place several laws which concern all aspects of online betting. This includes banning certain financial transactions to online betting sites and also clarifying which type of gambling are legal or illegal. The act has been updated in 2011 to tighten its enforcements and make sure violations are duly punished. This article discusses the Betting legislation enacted and enforced in the United States and the challenges it poses to online betting sites.