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LBO
What is the meaning of the abbreviation LBO?
For which country does the term LBO apply?
LBO is a licensed bookmaker in the UK.
Accordingly, the term applies only to bookmakers in the UK. It allows you to determine the legal betting shop in which it is safe to make sports bets, because they have gone through all the registration procedures and have the necessary licenses to conduct the gaming business.
One of these bookmakers is William Hill – a very large British betting shop, which has gained popularity (including in the CIS countries).