All online casinos that want to operate legally on the territory of a given country have to go through an in-depth check from the gambling regulating authority. After they successfully go through it and pay the needed fees, companies receive a working permit and enter the list of licensed online casinos.
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Who Issues the Casino Licenses?
Each country has its own gambling regulating authority that issues these licenses. In most cases, these government institutions are also working alongside other authorities. These regulating commissions are issuing documents both for the online and land-based gaming facilities. If a specific company wants to apply for a license, it has to submit a registration form that’s accompanied by a full set of legal documents and references. The other condition to obtain a permit is paying a fee, which is by no means small.
Why should we Choose a Casino with a License?
The casinos that have a license are, without a doubt, the safest place to play in. The fact that nearly all TOP online casinos in our rankings are brands that have a license is not a coincidence.
The reason for that is because the relationship between you and the given brand is monitored closely by the regulating authority. This will allow you to quickly and effectively get help if you become a victim of abuse, and believe us, there are a lot of them. Here are some of the most common problems that you can come across:
- The online casino can block your account without a reason
- It can delay the payments of your profits indefinitely
- It can freeze your account and nullify the amounts of money you’ve accumulated in it
If you’ve played in an unlicensed casino and you’ve been the victim of something like this, don’t worry. You can also seek help. To do that, you have to contact the authority under whose jurisdiction the betting website you’ve played in falls. However, you probably understand that you have to make a lot of effort from your side.
Advantages of the Casinos that have a License
There are various pluses for you to have fun in online casinos with a permit. The most important thing that you have to keep in mind is that by choosing a licensed casino, you will, by any means, avoid the blacklisted casino brands that may cause you trouble. We will just cover the more important subjects. Here are they:
- These companies are always good financially, which means that they won’t suddenly go bankrupt and rip you off. The main guarantee here is the fact that they’ve paid serious amounts of money in order to receive their license.
- The license casinos are always obliged to take all measures to guarantee your safety.
- All of the information that you share with the licenses casino has to be treated according to the laws of the country.
- The license brands work with the most secure payment methods.
- You play legally, so you don’t have to access the website via alternative links.
- Most licensed brands have top-notch mobile casinos that you can enjoy from any point in the world.