Betting Operator
/ˈbɛtɪŋ ˈɒpəreɪtər/
Definitions
- (n.) An entity licensed or authorized to accept and process bets on various gambling activities under applicable gaming laws and regulations.
The betting operator must ensure compliance with anti-money laundering regulations.
Forms
- betting operator
- betting operators
Related terms
See also
Commentary
The term specifically refers to the legally recognized entity responsible for offering betting services, often requiring regulatory approval and adherence to jurisdiction-specific legal frameworks.
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.