Online Casino License

There are certain countries and regions in the world, which allow online gambling in a controlled manner. If a company wants to create an online gambling establishment, it must contact the responsible jurisdiction to get the operating casino license.

Casino License - Control of Gambling Jurisdictions

The serious gambling jurisdictions conduct comprehensive checks before granting poker, sports betting or casino licenses. However, there are other dubious businesses that provide casino gaming licenses without doing proper background checks. The reputable jurisdictions do checks on three areas of the applying online casinos. These are: the circumstances of the promoter, and the fairness of the game, and the intention and the mechanism of payment to winners.

Circumstances of the Gambling Promoter

To determine the circumstances of the promoter, the applicant must provide comprehensive information about current and past activities of the company and its employees, including financial statements and references.

Fairness of the offered Casino Game

The fairness of the game includes an examination of the random number generator and a risk analysis prior to casino licensing, but also that the casino odds have been reported correctly. In matters of the license online casinos must be independently audited on a monthly basis.

Intent and Mechanism of Payment to Winners at the licensed Casino

To ensure that the winners are paid in full and on time, the financial strength of the promoter is looked at and it is also looked at whether or not the payment system is automatic and transparent. In addition, the gambling jurisdiction makes sure that in case of a complaint; players can turn to the responsible gambling jurisdiction directly and must not go through the service provider.

Casino Gaming License Institutes

Some of the reputable gaming jurisdictions are Antigua & Barbuda, Kahnawake, Curacao and Malta.

Antigua & Barbuda Gambling Regulator

In Antigua & Barbuda the regulatory body is the Division of Gaming, which was created under the Financial Services Regulatory Commission. When it was founded in 1994, it was one of the first jurisdictions for Online Gambling. There are about 50 gaming establishments in this jurisdiction.

Kahnawake Gaming Commission

The Kahnawake Gaming Commission was established in 1996. It regulated online gambling in the Mohawk Territory of Kahnawake, Canada. It is one of the largest jurisdictions worldwide, with more than 110 licensed companies. Only some of the biggest Canadian online casino and poker room operators are based in the Mohawk Territory of Kahnawake in Canada.

Curacao Gaming Association

The Curacao Gaming Association is the regulatory authority of the Netherlands Antilles. It was instituted in 2001 and encompasses about 30 online gambling companies.

Malta Lotteries and Gaming Authority

The Lotteries and Gaming Authority is the body governing the gambling jurisdiction in Malta. It was instituted in 2001, after the enactment of the Lotteries and Other Games Act and covers and controls all gaming activities except in land-based casinos.

As an additional note: jurisdictions such as Kahnawake, Malta, Alderney, Gibraltar and others who are similar to the European Union and Canada, are usually more trustworthy than those of the Caribbean Islands. The reason is simple. For example, licensing jurisdictions such as Malta fall under the scrutiny of the European Union and hence must adhere to a much stricter protocol to make sure that they are able to maintain their status as a trustworthy European licensing jurisdiction. But this is just something to keep in mind. It does not, however, mean that all other licensing jurisdictions are less reputable than the ones controlled by the European Union, just that you are better off putting more trust in the European-based ones.

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