Licensing authorities play an important role at 1-online-casinocanada , for ensuring that players don't end up in scam sites. Here is a list of some popular licensing authorities across the globe for finding a safe and secure online casino.
Alderney Licensing Authority
It is quite amazing how a small island with less than 2000 population size holds an important role for online casinos across the world. It is popularly known as the Alderney Gambling Control Commisson.
The licensing body started its operations in 1999 in offering licenses to online casinos. In 2009, the licensing authority added more rules and regulations pertaining to licensing of online casinos in their own turf.
Curacao Licensing Authority
Curacao formalized offering of official licenses to online casinos back in 1996. It is famous for offering two forms of licenses. It starts with the Master License followed with a Sublicense for their online casinos.
It is a standard regulation for all gambling operators to possess the sublicense. The casino operator charges annual fees for renewal of the license. It offers annual audits of casino software to ensure fairness.
Gilbraltar Licensing Authority
Gilbraltar ranks among the top licensing bodies for online casinos. It started offering gambling licenses back in 1998 as part of the Department of Finance and Gaming. It holds a stringent touch on their license holders.
- Part of gambling division
- British-owned
One of the most standout features for the online casino is their gold standard that shows reliability and trustworthiness. Moreover, the casino charges annual fees for all their gambling operations including land-based casinos and sportsbooks.
Isle of Man
The small island started its gambling regulations back in 1962 - way before the first online bet came to life. It is part of the Gambling Supervision Commission. However, it keeps up with the latest development in the gambling scene.
The licensing body started the Online Gambling Regulation Act in 2001. The act provided the licensing of online casinos and sportsbook. GSC plays an integral role in testing and certification of online casinos across the globe.
Are Licensing Authorities Worth It?
Licensing bodies carry out testing and certification of online casinos before they start gambling operations. It protects players from fraud sites or unfair casino games. It is a sure way of protecting your funds at the casino.
In addition, the licensing authorities carry out periodic testing and validation of the casino software. It ensures it sticks with the industry standards of operations. Check to ensure your casino has proper licenses and regulated.