Regulated sportsbooks operate with licenses from local authorities, ensuring...

https://rowansnewthoughts.quantlynix.com/posts/do-offshore-sportsbooks-offer-self-exclusion-and-deposit-limits

Regulated sportsbooks operate with licenses from local authorities, ensuring strict banking rules, identity checks, and legal protections for players. Offshore sportsbooks, while still popular, often run from other countries and may lack these safeguards