bettingstatutes

noun
UK /ˈbɛtɪŋ ˈstætʃuːts/
US /ˈbɛtɪŋ ˈstætʃuːts/

Rules made by a government about betting.

The new bettingstatutes make it illegal to bet on school games.


OTHER MEANINGS

2. Written laws that control how betting businesses may operate.

Casinos must follow strict bettingstatutes to keep their licenses.

3. A collection of official rules about placing and paying bets.

Lawyers studied the bettingstatutes before advising the race track.

4. Government rules that limit where and when people can bet.

Some states have bettingstatutes that ban online wagering.