Checking Casino Licenses to Enhance Player Safety
Online casinos have steadily grown in popularity and the market is expected to reach $102.97 billion by 2025. With this growth comes a wave of anomalies in online gambling service providers. In light of this, lawmakers have ramped up the fight against these fraudulent entities, hence improving player safety. Despite this, can you really trust the legitimacy of casino licenses? Here's what you need to know.
Who Issues Casino Licenses
Online casinos, at least reputable ones, are licensed by independent and/or governmental authorities. Playing at an online casino displaying a licence by an organization like Gibraltar Gambling Commissioner, Malta Gambling Authority or UK Gambling Commission will be an excellent step towards the right direction.
There are many such authorities, and you can find more details about them online. It's worth noting that the laws and guidelines administered by these authorities may vary from one country to another.
Checking Casino Licenses
Most internet-based gambling sites usually showcase their casino licenses at the bottom of their homepage. Doing this builds player safety, and trust with their customers. Even so, it would be best to always exercise caution by carrying due diligence to be on the safe side.
While doing a background check on an online casino, be on the lookout for licensing authorities with impeccable reputations. Examples of such include:
- United Kingdom Gambling Commission (UKGC): it oversees all forms of betting in including casino licenses in the UK
- Isle of Man Gambling Supervision Commission: they control all aspects of wagering (both offline and online) in the Isle of Man
- Kahnawake Gaming Commission: in charge of gaming operators incorporated in Kahnawake- Canada
- Maltese Gaming Authority: this body supervises both online and offline Casinos operating in Malta
- Gibraltar Gambling Commission: regulates all forms of gambling- internet-based and land-based in the Gibraltar territory
- Curacao E-Gaming: governs all matters involving internet-based and land-based gambling in Curacao. This regulator has in recent times, faced criticism from users
Regardless of what an operator claims, never trust them entirely. It pays to be the devil's advocate when it comes to these matters. Always take a look underneath the hood to uncover the truth. It may seem like a lot of hustle, but your safety as a player and hard-earned money should always be a priority.
Another way of ensuring your safety is to look out for an offshore gambling site. Offshore gaming platforms are highly seductive and depending on the type of player you are, they might appeal to you.
However, offshore platforms have a notorious reputation of at times ignoring player protection standards. For instance, there are reports where operators have used false advertising and deposit schemes with unfair terms and conditions.
How To Establish The Legitimacy Of Casino Permits
The first step to vetting internet casino licenses is by looking for the license. The photo of the license is usually located at the bottom of the site, or sometimes at the top. You will need to familiarize yourself with how the genuine version looks.
Next, head over to the appropriate regulatory body. Compare the logo from the site with that on the authority's page. In addition to comparing casino licenses symbols, you should check if the gambling club URL features on the list of authorized operators.
Finally, you can go the extra mile by affirming the site features SSL/TLS encryption. Any provider worth the salt should have a Secure Sockets Layer Certificate. It provides player safety by encrypting user data.