When choosing an online gambling platform, checking whether the gambling site is properly licensed or not is overlooked by many online gamblers. If an online casino is not licensed, it doesn’t matter how attractive its site is and how exciting the bonuses it offers. Ensuring that your chosen online casino has a genuine gambling license is crucial to assure yourself that your deposit is in safe hands.
In this article, we will discuss the important pieces of information regarding online gambling licenses that you should know. So, kindly read on.
What is an Online Gambling License?
An online gambling license is a digital certificate required by any online casino to provide gambling or gaming services legally. Any online sites offering games of chance or games where people wager their real money such as online slots, roulette, blackjack, baccarat, etc. require an online gambling license issued by a relevant or concerned authority. And without a doubt, this also applies to any online casino India.
Any online casino establishment should require to obtain a legitimate gambling license before starting its business. The requirements for obtaining casino licenses can differ from one jurisdiction to another. Some jurisdictions offer cheaper licenses with less strict procedures whereas others carry strict procedures that can take several months to complete before providing licenses.
Digging further into this topic, let’s discuss few important facts about online casino licenses.
Facts about Online Casino License
1. All gambling or casino licenses do not hold equal reliability.
There are various jurisdictions in different countries that issue licenses to gambling establishments.
The requirements that are required to be met by online casinos for obtaining licenses are not the same. Some have strict requirements whereas others have loose requirements.
The trusted authorities that issue online gambling licenses to online casinos are:
- Curacao eGaming
- Malta Gaming Authority
- UK Gambling Commission
- AAMS License
- Alderney Gambling Control Commission
- Gibraltar Gambling Commission
- Dutch Gaming Authority
2. More number of gambling licenses doesn’t make the casino more reliable.
To provide online casino gaming services to people, every online casino needs to have a gambling license. As already mentioned, many jurisdictions issue such licenses.
The reliability of gambling licenses is what matters and not the number of them. Some online casinos are trying to impress players or gain their trust by obtaining multiple licenses that are easier and cheaper to get.
As a player, you should choose an online casino that has a reputable and trusted license than the one having multiple licenses with loose gambling requirements.
3. Online casino players need to pay more attention to gambling licenses.
Many people don’t pay enough attention to gambling licenses while selecting online casinos. It is vital for people to know if an online casino is licensed and what license is obtained by the casino.
You are sharing your personal and sensitive information that includes your name, address, date of birth, security code, and payment information with an online casino while creating an account there. So, you shouldn’t take any chances and should ensure that the site you are sharing such information with will only use it for the intended purpose.
So, only choose an online casino as your gambling platform after you are sure that the casino is licensed and regulated under a trusted authority.
To know about the license information about an online casino, you can check their official website. Most online casinos mention such information in the footer of their sites. Visit their homepage, scroll to the bottom and you should see a license stamp that indicates under where the casino is licensed and registered.
We hope that these pieces of information will be helpful for you to experience safe online gambling. We suggest you do your homework and ensure that the online casino is licensed and regulated under a trusted gambling authority before choosing it as your gambling platform.
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Be Aware and Gamble Smart.