Online gambling is on the rise in London. With the advent of mobile technology and the increasing popularity of online casinos, with a new online casino popping up on a daily basis, it is only natural that this trend would continue.

However, there are some challenges that need to be addressed if the industry is to continue to grow in London.

We’re here to explore all these potential challenges and provide you with an insight into the outline of the London’s online gambling industry.

How has the online gambling industry in London changed over time?

In the early days, online gambling was seen as a bit of a risky proposition, and there were few regulations in place to protect players. Back then, there were a lot of shady operators looking to take advantage of unsuspecting players.

Thankfully, things have changed a lot since then. The industry is now much better regulated, with a number of reputable operators offering safe and fair games to players. Such regulations have helped make online gambling one of the most popular forms of entertainment in London.

The regulatory landscape of online gambling in London

The regulatory landscape of online gambling in London is constantly evolving. The Gambling Commission is the primary regulator of all gambling in the UK, including online gambling. Next, the Gambling Act of 2005 is the primary piece of legislation that governs gambling in the UK.

This act sets out the general principles of regulation and provides for the creation of the Gambling Commission. The Gambling Act also gives the Commission power to issue licences and impose conditions on those licences.

Since the regulatory landscape of online gambling in London is still complex and ever-changing, operators must ensure they are up-to-date with all relevant legislation and regulations.

The future of online gambling in London

For the future of online gambling in London to become impeccable, requires a regulatory framework in place. At the moment, there is still no real regulation of online gambling in London, which means that there are no real protections for players.

Another challenge for the future of online gambling in London that needs to be addressed is the issue of tax. Currently, providers are not required to pay any tax on their earnings, which needs to change if the industry is going to be able to contribute to the city’s economy.