Gambling Site Regulation - How Gambling Sites Operate Today
Online gambling is any type of betting conducted online. This includes casinos, live casinos and poker. The very first online gambling site opened to the public, was back betting for the first Liechtenstein International Poker Tournament in October 1994. Since that time there have been online gambling sites opening each day to compete with one another. There are two different types of online gambling available to players; licensed and unlicensed. Licensed gambling is conducted by regulated gambling facilities. These licensed facilities are required to set the regulations and guidelines that all players must follow when playing online. The players on these sites are also required to adhere to those regulations and guidelines if they wish to gamble in a legal way. Unlicensed gambling on the other hand is basically any type of gambling that is conducted online, but it can not be regulated as closely as licensed gambling sites. As an example, virtual poker betting is one of the more popula...