The online gambling operators in your country have to go through strict regulations from the authorities there. Gaining access to unauthorized websites is limited, and their owners might be fined. So, we present you with a full list of brands that can legally organize online gambling in your country.
Who Issues the Bookmakers’ Licenses in Your Country?
Each country has its own authority that issues licenses to the gambling operators. However, obtaining such a permit is not an easy thing to do because the procedure is pretty long and might take months.
When a given brand decided to apply for a license, it has to file the needed documents to the regulating authority. The permit can be either for sports bets, for an online casino, or for both. The document is valid for five years after its issued. During that time, companies are obliged to comply with all regulations by the monitoring authority because otherwise, the permit will be revoked.
Why is it Important to Choose a Bookmaker with a License?
Our advice is always to choose websites that have a license from a certain regulating authority. That’s because if there is a dispute between you and the bookmaker, you will be able to seek help from the responsible authorities in your country. What kind of arguments can arise while playing?
- A delay in your payment
- To block your account
- To restrict the access to your profile
- To revoke your profits
You probably understand that each of the situations mentioned above will be unpleasant for you. Choosing a company with a license does not guarantee that you won’t have problems, but it will at least allow you to have someone to go to if that happens. Picking up a legit betting site reduces the risk of facing up with some of the brands from our blacklist of bookmakers, which can cause you trouble.
Advantages of Bookmakers that have a License from Your Country
We’d like to point out some of the main advantages of companies that operate legally. We will begin by saying that getting a license is something that costs a lot of money. In a way, this is a guarantee that the company is wealthy and it’s unlikely that it will suddenly disappear and scam its customers.
On the other hand, when the activity of a given bookmaker is regulated, this guarantees that he will comply with all legal obligations. The most important moment here is that these bookmakers are required to take care of the safety of their clients. This is of utmost importance because players are sharing their personal data with the gaming websites.
Payment security is another priority for the bookmakers that have a license. The responsible authorities are aware of the financial operations that take place on these websites.
Will there be more Bookmakers in My Country?
This is a question that we often ask ourselves. Generally speaking, there are many big names in the industry that are not yet available in all countries, so they will probably try to change that. However, only time will tell if this will be the case.
We hope that there will be more brands that will start to operate in each country because this will definitely make this market even more competitive, which means that players will get better deals. However, it’s worth pointing out that some markets might not be that big, which will have a negative impact on the motivation and willingness of betting companies to go there.