Reviews on licensed online casinos
At the dawn of the appearance of gambling establishments that switched to the online platform, not a single online casino owner thought about a license. It was during that period that a rare player could boast of a large or constantly falling out win. This was due to the fact that the operators did not hesitate to tighten the slots, so the slot machines did not differ in a high percentage of return.
In the future, most countries of the world decided on the need to license gambling. So what is a license? A license in a gambling house is a document confirming the fact that the operator successfully passed many inspections by the Gambling Commissions. However, the issue does not stop issuing a license and regulatory authorities conduct periodic inspections throughout the casino’s life. Players should know and remember that having a license is not a major factor in casino integrity. Each visitor needs to pay attention to other characteristics, which we will discuss in the future.
At the same time, licensed casinos still provide some kind of airbag for players, since at the time of the next check the license for violations can be revoked. Needless to say, those gambling houses that do not have a license are inherently not controlled by anyone? This means only one thing – they can do whatever they want, including deceiving their players.
Obtaining permission to work in the field of gambling has several advantages not only for the incoming player, but also for the business owner:
- Quiet work in the legal field;
- Increasing credibility in front of players and partners;
- The ability to provide its visitors with original software;
- Wide coverage of players, since the right to work in many countries of the world is granted;
- The ability to connect a variety of forms of payment.
Choosing a casino with a license
Licenses in gambling are divided into two types:
- Local, i.e. entitling online casinos to operate in the jurisdiction of the country of its location;
- International, i.e. giving the right to work in most countries of the world.
Local licenses allow the owner of a gambling house to operate in the jurisdiction of one country. Those. Having received a license under the licensing laws of Poland, a gambling establishment has the right to work only on its territory. Obtaining a local license is most often characteristic of ground institutions and those that work for players in a country where it is necessary to obtain it. Issue them to gambling commissions, ministries or departments. From the point of view of the law, a virtual gambling establishment is an organization, which means it pays taxes and is accountable to various regulatory bodies.
International licenses legalize the work of online gambling establishments in many countries of the world. Most often, casino operators decide to obtain licenses in the countries of offshore and European zones. Firstly, because the process of obtaining them is more profitable for financial reasons, and secondly, there are countries in which gambling is prohibited and obtaining an international document that raises the prestige of a gambling house is an option. The list of such licensed countries is quite wide, but the licenses of the gaming commissions of Curacao, Costa Rica, Antigua and Barbuda have great authority. Of the European countries issuing licenses, the Isle of Man, Gibraltar, and Malta can be noted.
It can also be noted that every year more and more owners of gambling houses prefer to obtain a license in narrow jurisdictions that have independence status. The reason for this is the political motives of large licensees, the easiest mechanism for working with them, which is accompanied by a blind eye to some non-critical flaws in the work of operators. The jurisdiction described above is Kanawake (the Gaming Commission is located in the province of Canada).
Any license issued can tell the player a lot about the institution in which it was decided to stay longer. This is due to the fact that each of them has both advantages and disadvantages.
Not one thousand gambling houses operate on the basis of a license obtained under the laws of Curacao. This is due to the fact that it has a lot of advantages over other licensees:
- The cost of obtaining it is quite low;
- It is issued for a large number of services (lotteries, sports bets, casinos and more);
- Low taxes;
- The speed of issuing permits;
- Developed gambling ecosystem;
- The authority of the Gaming Commission around the world;
- High requirements for resolving complaints and disputes with players.
No less popular among those who want to open their own gambling business. Casino owners who initially decide to work honestly decide to obtain a license under the laws of Gibraltar for the following reasons:
- Gibraltar is located in the offshore zone, which indicates the absence of complex tax regulation;
- The legislation regarding gambling is quite strict, which is a significant plus for players, because those who received this license are required to comply with the strict requirements imposed on them;
- Low taxes for developing companies;
- Non-resident companies are provided with the same benefits as national ones;
- Full safety of the data of its licensees.
The Kanawake license has been operating since 1996, but in recent years it is gaining more and more popularity, providing the following advantages:
- Lack of taxes;
- There are no strict rules;
- Low cost of obtaining a license;
- If you refuse to obtain a license, the cost of the application is returned
- Low starting capital for starting a business.
Malta is the European state, which was the first in the European Union to issue international licenses. For those who decide to receive them, the following opportunities will open:
- Authority and prestige. For experienced players, there is an unspoken rule that a Malta license equals an impeccable reputation;
- A small fee for obtaining a license;
- The gaming commission provides additional guarantees;
- Low tax rates.
Isle of Man license
The Isle of Man, although it is not part of the UK and the European Union, is still accountable to the United Kingdom on the basis of some legislative documents. Since the mid-20th century, an island that has not been pleasing to the eye with tourism and other profitable activities has decided to lower the tax rate to attract businessmen. After this, the affairs of the island went uphill and today it can rightly be called an island for business companies. Since we are interested in the benefits provided by gambling establishments, it is worth listing them:
- Low tax rates;
- The possibility of obtaining sublicense;
- Ability to submit a single package of documents for various gambling areas.
How to check whether a licensed casino. Differences from non-licensed
Each legal online casino carefully monitors its reputation, which has been developing over the years. This happens for the reason that today the gambling niche is filled very densely and every gambling house is fighting for its regular customer by all means.
In fairness, it is worth noting that licensed institutions are not always honest with their players, but there are a number of characteristics that can reduce the risk of running into an unscrupulous and greedy operator.
Licensed casinos are characterized by the following features:
- Security of transactions;
- Reliable storage of all personal data of players;
- Anti-money laundering and fraud;
- All slot machines operate on a random number generator;
- Licensed software;
The last point is no less important than the availability of a license at an online casino, since only in this case, honesty and openness are closely intertwined and mutually complemented. It looks like this – licensed slot machines of a software provider guarantee players honesty, and a license for a gambling virtual institution – financial, information and technological security.
To choose a gambling establishment that is most honest with its players, you should pay attention to the following points:
- Player reviews. There are a lot of forums, specialized sites that allow people to publish their opinions on this or that casino, so before you make a deposit, you should familiarize yourself with them in advance;
- Casino bonuses. In 90% of 100, an unscrupulous operator focuses on attracting new players with bonuses that promise to be enriched by several thousand dollars or a large prize. As a result, the visitor, most likely, will not see either his money or an expensive bonus;
- Support service. The higher the operator values his reputation, the more support specialists delve into the problems of players and quickly help solve them.
Licensed casinos without fail on their resources publish an active link to the official website of the issuing authority, where you can check its activity for the selected gambling establishment. It is worth remembering that fraudulent sites often attach a license authority badge. Unlike a real site, nothing will happen after clicking on an icon on such an unscrupulous resource, because the icon hangs just to mislead players.
Determine the license of slots
Slot machines in a gambling establishment that has a permit to work in the gambling area provide original slots that are tested in independent laboratories. In such cases, random number generators installed in the slots are checked, which are responsible for the random occurrence of winning combinations. Unscrupulous operators will not be able to tighten up license slots for the following reasons:
- Software providers ensure that operators do not interfere with the operation of slots;
- Licensed gaming machines work on the servers of their manufacturers.
Before starting the game in the slot, each player has the opportunity to check it for originality, since this process is quite simple. So, all licensed slots are located on special servers of software manufacturers and players only connect to them. Each manufacturer has its own service address. At its core, a gambling establishment is a platform for hosting gambling.
To determine the originality, you must right-click and open the player settings tab. It will indicate the address of the server on which the game is located. All gaming machines of the same manufacturer will have a common address. If the slots of different manufacturers are loaded from one server, then we can conclude that they are fake. In scripted software (not licensed), you can tweak RTP at any time. The operators themselves do this in the admin panel of the resource. It looks like this: the operator decided to get rich at the expense of the players. He inexpensively buys game content from various companies specializing in the creation of fake software, places it in his casino and tweaks RTP when he needs it. It is unlikely that players will be lucky to win anything in scripted slot machines.
Bonuses at the casino. To take or not to take – that is the question
Each gambling establishment offers its players to take advantage of many different rewards, including deposit bonuses and no deposit bonuses. In general, each gambling house working for online players repeats another, but the difference between licensed and illegal is that a person who has the right to carry out gambling activities is more likely to return money to the player who won back from scrolling through slot machines. The very first bonus that a user who has registered on a gaming resource will encounter is a casino welcome bonus. Before deciding to receive it, a player should carefully pay attention to all the conditions that a gambling house sets. These conditions most often include making a deposit of a minimum amount set, scrolling through certain slots with a wager, a maximum bonus wagering period and a minimum spin size. In addition, gambling establishments, to attract the interest of regular players, give out either automatically or at the request of a player various deposit bonuses. Such bonuses can be bonuses at a certain time, bonuses on the days of the week, bonuses for playing tournaments and more. Encourages a gambling establishment not only to increase the player’s balance by a certain amount, but also free spins. In addition to bonuses that are issued when replenishing an account, there are no deposit bonuses. Perhaps this is the lightest bonus, because you don’t need to invest money, while there is a chance to get a win. However, there is no free cheese in a mousetrap, therefore the conditions for wagering a gift are often more severe than when receiving bonuses for making money. When deciding whether to receive bonuses, we advise you to carefully study the reviews of other players on the Internet and familiarize yourself with the rating of a gambling establishment on specialized sites, of which there are a lot now.
A license in a gambling establishment is not a 100% guarantee of its honesty, but it gives players hope that the operator’s fear will lose such an important permitting document and with it authority. When creating a new gambling house, the owner himself decides what is his priority – someone chooses a license that is relatively cheap, someone who does not have much requirements for it. Therefore, players always need to be alert and save their money.