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Gaming regulator

A government body that licenses gambling operators, sets the rules they must follow and can fine or close those that break them.

A gaming regulator decides who may offer gambling in its area. It checks operators for honesty, financial strength and player protection, and it can fine, suspend or revoke a license. Examples include the UK Gambling Commission and the Nevada Gaming Control Board. Rules, taxes and protections differ widely between regulators, and some places have no regulator at all. Using a licensed operator does not make gambling safe, but it means there is a body to complain to.

Example

A regulator may require operators to offer self-exclusion tools and to verify the age of every customer before a bet is accepted.

Cite this definition: https://chancepedia.com/glossary/gaming-regulator/

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