British poker players are unquestionably blessed. The UK has some of the most tolerant gambling rules in the world, allowing citizens to place bets in virtually every online gaming venue. This makes the UK one of the world’s most gambling-friendly nations.
Locals in the UK can so play real money poker whenever they choose.
Many top-tier poker sites gladly accept UK citizens and provide them with a wide selection of games and generous promotions to improve their entire poker experience.
Most recent UK poker news
A hectic month for the English poker scene was July. Adam Maxwell topped the leaderboard at the UKIPT Nottingham, defeating 582 competitors to take home a prize of $98,150. From July 23 to July 30, players competed in No Limit Hold’em and Pot Limit Omaha at the Dusk Till Dawn Poker Club. The APAT World Championship of Amateur Poker 2022 was held at this poker club from June 29 to July 3.
In addition, the GUKPT London’s Legs 6 and 7 took place in July. Leg 6 was held at the Vic in London from June 23 to July 3. Jarod Thatcher won the $900 + $100 Main Event out of 390 participants, earning him $87,500 in prize money. At Reading South, where Leg 7 took place from July 17 to July 24, Richard Trigg won the $1,000 Main Event and took home $78,269 in prize money.
PokerStars London Super Series at the Hippodrome Casino and partypoker LIVE – partypoker Grand Prix UK are two other important tournaments in poker in July.
Online Poker Laws and Regulations in the UK
Numerous licensing jurisdictions, or organizations that keep an eye on poker operators and ensure that they conduct lawful, ethical, and secure business practices, regulate the online poker sector. These groups safeguard athletes by ensuring that they are treated with dignity and politeness.
The United Kingdom Gambling Commission is the country’s top licensing authority. The UKGC ensures that the authorized businesses use the best security measures and take all necessary precautions to stop illegal gaming and fraudulent activity. Additionally, they make sure poker sites have the right tools for its players to use in order to fix issues.
The GameStop self-exclusion program and the provision of the service to persons who have a gambling problem are both mandated by the UKGC, according to recent announcements by gaming companies. Licenses for operators who don’t integrate with GameStop will be revoked.
As you can see, the UKGC ensures that the online poker business in the UK is completely controlled. These stringent requirements must be met in order for UK poker companies to provide players with a secure and honest gambling environment.
Poker sites that hold licenses outside of the UK are under the supervision of other regulatory authorities. Varied nations around the world have different laws governing online poker. Each nation has its own gambling regulations that either permit or prohibit its citizens from visiting and participating in online poker games.
The UK has a lenient attitude on gambling, as was previously indicated, and British citizens are welcome to sign up and play real money poker at a variety of poker websites.
UK-legal real money online poker
The UK Parliament passed the Gambling Act in 2005 with the intention of regulating all types of gambling.
The UKGC, a regulatory agency that supervises and guarantees that all gaming operators licensed in the UK adhere to requirements as per the Gambling Act, was also established at this time.
The 2005 Act makes it legal for UK citizens to play poker online at both domestically and internationally based poker sites. You must be at least 18 years old and have the authorization to use the device you’re using to access the poker site and play real money games.
This implies that British players can access virtually any poker site to play online poker. It goes without saying that some operators are more dependable than others, so make a thoughtful decision.
The most recent revision to the UKGC rules states that starting in April 2020, all poker companies with UK licenses must encourage responsible gambling. Because all holders of UKGC licenses are required to register with GamStop, players who have excluded themselves through the self-exclusion process will not be able to access poker sites with UKGC licenses.
Taxation Guidelines For Poker Players In The UK
The UK has the definition of tax haven for players. They are not only excused from paying taxes on any prospective wins, but they are also permitted to use any winnings from gambling as their only source of income without it being considered a job.
There are two sides to every tale, so the websites can’t be too happy with the one they were presented with. In particular, poker sites and other gambling-related websites have always been subject to taxes, but only if they were based in the UK. Offshore websites were spared the hassle because they only had to cover UK players’ taxes.
These days, they too must be licensed and pay the POC (Point Of Consumption) Tax. Poker players and other gamblers, however, are exempt in full from these taxes.