Online Gambling is a form of gambling where people place wagers on events that involve some degree of chance and/or skill. This form of gambling has become increasingly popular as it offers greater convenience and accessibility than traditional forms of gambling. Despite concerns over its potential to promote problem gambling, online gambling is an estimated $9.5 billion a year industry and continues to grow rapidly.
Using a computer or mobile phone, an individual can gamble on the outcome of games of chance (such as slot machines, roulette, video poker, Sports betting) and other types of gambling that require a combination of luck and skills (like Poker). To play, the player needs to register at an online gambling website and create an account by providing personal details. Then, he or she must deposit money into the account. This money can then be used to make bets.
A regulated online gambling site must follow certain rules to protect customers and keep the operations running smoothly. This includes protecting against credit card fraud. This is an important issue as it can be a gateway to other crimes such as identity theft and other financial crime.
The UK government recently introduced new restrictions on online gambling and lottery sites in response to increasing concern over the risk of children becoming addicted to these activities. Lorna Ponambalum is an experienced designated safeguarding lead and senior leadership education professional who supports staff to develop and implement safeguarding systems.