Licensed Bookmaker
/ˈlaɪsənst ˈbʊkˌmeɪkər/
Definitions
- (n.) A person or entity authorized by law to accept and pay off bets, especially on sporting events.
The licensed bookmaker ensured all bets were placed in compliance with the regulatory requirements.
Forms
- licensed bookmaker
- licensed bookmakers
Related terms
See also
Commentary
The term emphasizes legal authorization and compliance with gambling regulations; use precisely to distinguish from unlicensed or illegal bookmakers.
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.