Sports Betting Laws in the United Kingdom The sports betting industry in the United Kingdom has the most developed gambling regulations in the world. The UK was the first country in the world to get a Sportsbook when Ladbrokes came into being way back in 1886. The British sports betting community was also the first to produce sports betting exchange – this is where gamblers do not bet against the bookies but bet against fellow gamblers. Below we are going to take a closer look at the sport betting laws…