Key Aspects of Building a Legal Framework for iGaming Platform
The online gaming world, also called iGaming, has grown exponentially in recent days. Experts predict it will be worth $127 billion by 2027, growing around 11.5% each year since 2020. This huge growth shows how much people enjoy online gambling in this digital era. But it also means rules are needed to make sure everything is fair, legal, and secure. Even though iGaming can make a lot of money, the laws around it differ greatly between countries and regions. Governments have to balance allowing this profitable industry while protecting players from fraud, money laundering, and other issues. In this blog, we'll look at the complex legal frameworks for the iGaming industry and examine licensing, compliance, player safety measures, game integrity checks, and more. Understanding iGaming and Its Need for Regulation The iGaming industry lets people access online casinos, sports betting, poker and more via the internet. With its global market value set to reach bi