Licensed Casinos
All online casinos that want to operate legally on the territory of a given country have to go through audits from the gambling regulating authority. After paying the needed fees, companies receive a valid permit and enter the list of licensed online casinos.
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Who Issues the Casino Licenses?
Each country has its own gambling regulatory authority that issues these licenses. In most cases, these government institutions are also working alongside other authorities. The commissions issue 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 at. 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 regulatory authority. This will allow you to quickly and effectively get help if you become a victim of a scam. Here are some of the most common problems that you can encounter if playing on a casino that is not legit:
- The online casino can block your account without a reason
- It can delay 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 a non-licensed 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, although you might seek assistance, the whole process will involve lots of time and effort on your side.
Advantages of the Casinos that have a License
Licensed casinos come with plenty of benefits. The most important thing that you have to keep in mind is that by choosing a legit company, you will, by all means, avoid the blacklisted casino brands that are, unfortunately, increasing by the day. We will just cover the more important subjects.
- Casinos with a license are financially stable, which means that they won’t suddenly go bankrupt. The main guarantee here is the fact that they’ve paid serious amounts of money in order to receive their license.
- The licensed casinos are always obliged to take all measures to guarantee players’ safety.
- All of the information that you share with the licensed casino has to be treated according to the laws of the country.
- The licensed 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 around the world.