Betting Intermediary
/ˈbɛtɪŋ ˌɪntərˈmiːdiˌɛri/
Definitions
- (n.) An individual or entity that acts as an agent or facilitator between bettors and bookmakers, enabling or managing bets.
The betting intermediary ensured compliance with all regulatory requirements during the transaction.
- (n.) A licensed operator authorized to conduct betting transactions on behalf of other parties under applicable gaming laws.
Only a licensed betting intermediary may legally accept bets in this jurisdiction.
Forms
- betting intermediary
- betting intermediaries
Related terms
See also
Commentary
The term primarily appears in regulated gambling contexts, where intermediaries must often be licensed; drafting should clarify the scope of intermediary functions and compliance obligations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.