What makes a casino legal in a given country or territory? There's only one answer to that – a license of operation is what ultimately authorizes a gaming platform to operate in a specific jurisdiction. Below, you'll find detailed reviews of the most reputable gambling commissions and the list of casinos licensed by them.
A casino license is a legal permit issued by the gaming control boards of various jurisdictions to an operator to give it the approval to provide casino services to residents within the said geographical location. It could be a state, country, or a much larger region.
On top of allowing the operator to legally avail gambling services, the license will also permit the operator to purchase gaming software from approved casino developers and customize their payment systems for effective and reliable banking to develop trust with their players.
These licenses are typically issued after the respective regulators have confirmed that the operator abides by a range of fairness, security, and player protection measures. You therefore shouldn't deposit your money to a casino that doesn't have an operating license because there's no way of knowing the platform's compliance.
There are several types of licenses that run various sectors in the iGaming industry. The major types include a casino license, sports betting license, poker license, bingo license, and lottery license. Some regions offer master licenses for all gaming products, while in others, operators have to acquire a license for each gaming product.
Like operators, casino software providers are also required to procure licenses to offer services in the regions they want to do business. Without a license, operators and software providers won't be legally allowed to offer their services in the jurisdiction.
To acquire a casino license, applicants must first go through security and background checks on their operational practices. This is to ascertain the legitimacy and fairness of its business dealings. Key areas under scrutiny usually include fairness of games, financial and tax credibility, ethical business practices, and many more.
The applicant will also undergo regular financial and tax auditing and random fairness checks to ensure all operations are run appropriately. The audit process is done to improve the quality of services offered and monitor the level of customer satisfaction to foster a safe gaming and operational environment for both the players and the operator. All the applications are submitted to the gaming control board that regulates the gambling industry of each jurisdiction.
The gaming control boards in various jurisdictions also act as intermediaries for disagreements between players and operators or operators and ruling governments via corresponding gaming authority offices. They are given the power by their respective governments to license, supervise, and regulate existing casinos.
Some of the most reputable gaming control boards include:
Choosing an online casino licensed by any of these authorities as your gambling destination will ensure you are in a safe and secure gambling environment.