The global online gambling industry is estimated to be worth billions of dollars, and Bangladesh is no exception. In recent years, the popularity of online gambling has increased in the country, and with it, concerns about the role of licensing and regulation in ensuring a safe and fair gaming experience.
What Is Licensing and Regulation in Online Gambling?
Licensing and regulation are two key components of this industry. Licensing refers to the process by which a platform obtains a license from a regulatory authority to operate legally. Regulation, on the other hand, refers to the rules and guidelines that gambling platforms must follow to ensure fair and safe playing experience.