Legislation and regulation are a few questions that you may have about online gambling. Then there are the games offered. And finally, there is the issue of teenagers. So how do you protect yourself and your children? Read on. Here are some guidelines to follow. We hope this helps you decide if online gambling is right for you.
Legislation
The Ministry of Consumer Affairs (DGOJ) has been working on new legislation to regulate online gambling. Several draft versions of the legal text have been submitted to the government for consideration. Mikel Arana, the new general director of the DGOJ, has announced that the new regulation will soon be approved, and will be significantly stricter than previous versions. The new law, known as the Royal Decree on commercial communications for gambling activities, is set to come into effect on 4 November 2020.
Regulations for online gambling vary by country and region. In most countries, licensing is based on the size of the market, the number of participants, and the level of illegal gambling. Federal licences are governed by the Gambling Act, which protects public order, combats fraud, and prevents addictive behaviors. In addition, it protects minors and protects the rights of players.
Regulation
Online gambling has different characteristics than traditional gambling. Hence, regulating it can be challenging. Fortunately, there are several laws in place to help curb problem gambling. The UK has enacted the Gambling Act 2005. Its aim is to increase consumer protection and reduce gambling-related harm. The European Commission estimates that there are five illegal gambling websites in the EU for every one licensed gambling site. The Commission is concerned about the risks of online gambling, especially to children.
The European Commission recently adopted a Communication on online gambling and a Staff working paper on gambling regulation. Both documents identify the challenges facing the current regulatory framework. The Communication identifies five key areas for regulation, including the protection of minors.
Teens
The first step in preventing your teen from becoming involved in gambling is to talk to him or her about the risks involved. Ask him or her what he or she feels about gambling and what he or she worries about. Discuss gambling statistics with your child. This will help you understand whether the activity is appropriate or not.
Gambling is a widely-practiced activity. It is visible and glamorous, and many teens are attracted to it for the excitement, instant gratification, and the hope of making money fast. Teens report that gambling is an outlet for entertainment, money, peer pressure, and even a way to overcome boredom and depression. Many college campuses are filled with poker games and other forms of gambling.
Problems with addiction
Online gambling addiction can be a tricky problem to treat. It can easily go undetected, and affected individuals may not even realize they have a problem. Family and friends may not know what the affected person is doing on their computer, or how much money they are losing on the virtual roulette wheel. If you suspect your loved one is having a problem, consider getting them counseling. Counseling can help problem gamblers understand what triggers their compulsive need to bet money on online casino games. It can also help the person learn to manage their money responsibly.
Inpatient rehab is the best option for people with moderate to severe addictions, or those who cannot avoid gambling. An inpatient rehab program requires patients to live at a rehab center, and can last anywhere from 30 days to a year. Outpatient rehab, on the other hand, requires patients to attend classes at a rehab center, but they do not have to stay there.