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Bookmaking may be legal or illegal, and may be regulated.
Now, since the inception of the National Lottery, it is not only legal but also a small contributor to the British economy, with a recent explosion of interest with regard to the international gaming sector industry.
However, gambling debts were unenforceable under English law until the Gambling Act 2005.
Trusted legal bookmakers are members of IBAS, an industry standard organisation to settle disputes.

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