Online gambling is a massively popular activity with 4.2 billion people worldwide alluding to the pass-time. Sites such as 1-online-casinocanada.com/ appear regularly.
What Should You Look For When Selecting a Casino?
It is important to ensure the online casino is legitimate, to ensure the games are fair, and your personal information is secure.
Ensuring The Casino You Select is Legitimate
Any legitimate online casino is required to be licensed. This means the site is regulated, and legally responsible for transactions occurring on the site.
Who Licenses the Online Casino Sites?
There are a number of types of licences available to online casinos, and the most commonly used jurisdictions include the following:
- Curaçao
- Kahnawake
- UK
- Malta
- Gibraltar
- Denmark
- Belgium
Why Are Operators Required to Obtain a Licence?
Before they can start a casino website, enter into a contract for gambling software or open a business account, the provider must be licensed.
A licenced casino generates trust from customers, as it regularly has its RNG (Random Number Generator) audited, reducing any concerns about 'rigged' games.
The Gambling Comission
A dedicated body, the Gambling Commission, is responsible for regulating licencing. It ensures that companies are eligible and comply with its codes of practice.
Application Requirements and Selecting a Licensing Authority
Before a licence is granted, the casino must ensure they comply with the jurisdictions regulations. They vary according to the authority but generally include:
- RNG Certification
- Display of a logo showcasing the type of license granted
- Demonstrative ability to implement a policy relating to preventing gambling addiction.
Random Number Generator (RNG)
The Random Number Generator, or RNG, is an important part of gambling software, and essential in online casinos being awarded licenses
What is the Random Number Generator and Why is it so Important?
The RNG is a piece of code built into gambling software that determines the winning game and ensures this is selected fairly and randomly.
Display of Logo
Another requirement for licensing is the display of a logo showing the juristriction responsible for the business. This shows that the casino is audited.
Visitors to online casino sites can have concerns about the casino being 'rigged', knowing that a Licensing Authority has responsibility alleviates these concerns.
What Sort of Policy Must the Casino Be Willing to Implement?
The overall popularity and ongoing growth of the online gambling industry means a commitment to responsible gaming is essential for all new licensees.
Displaying a willingness to implement a policy has the additional benefit of showing that owners are socially aware. Such a policy might typically include:
- Links to gambling awareness sites and organizations such as Gamblers Anonymous
- Limits on the amounts that can be deposited in set periods
- Age verification to prevent underage players
These measures demonstrate responsibility, social awareness and a willingness to ensure the safety and well-being of the community the site builds.
How Do Site Owners Select a Licensing Authority
Each of the Licensing Authorities are legitimate, and as we have covered in the previous section are themselves regulated by the Gambling Commission.
The creators of the online casino will select which Licensing Authority to choose based on their requirements, and ability to meet the licensing terms.
Licensing Authorities play a vital role in the online casino industry. Otherwise there would be no regulation or protection for members of the site.