How Online Casinos Are Regulated
For the longest time, online casinos suffered from the stigma that they’re something akin to the Wild West. As the internet lends a significant deal of anonymity to the situation, people believed that online gambling platforms simply couldn’t be as reliable and as secure as their brick and mortar counterparts.
Fast forward a few years and it’s pretty much public knowledge these days that online casinos are regulated. And although this has removed the scepticism gamblers had about the safety of online casinos, most betting enthusiasts still shy away from online gambling platforms because they don’t know how they work.
This is why we’ve compiled a short guide that details all that you need to know about the associations that regulate online casinos. We hope that our blog post removes any doubts you may have about the process and gives you peace of mind when gambling online.
Bodies That Certify Online Casinos:
Generally speaking, there are three requirements that an online casino needs to become certified and regulated, namely;
1. Via Their Respective Governments:
This is by far the most common route that online casinos take to get licenced. The problem with this method is that the degree of leniency allotted to online casinos varies from jurisdiction to jurisdiction so it’s always a wise idea to take a closer look into the relevant laws that govern online casinos in your locality.
Right now the main jurisdictions that provide licences for online casinos are:
- Alderney Gambling Control Commission
- Curaçao eGaming
- Gibraltar Gambling Commission
- Isle of Man Gambling Supervision Commission
- Kahnawake Gaming Commission
- Malta Gaming Authority
- UK Gambling Commission
2. Via A Respectable Security Testing Organization:
Security testing organizations earn their bread and butter from testing and reporting any glaring or subtle shortcomings in a digital platform. So, if you see that your favourite casino openly advertises that it is “SSL Secured” then you can rest easy knowing that you’re funds and details are safe and secured at any online casino that has an SSL along with a jurisdiction licence.
3. A Respectable Software Testing Organization:
Similarly, software testing organizations test to see if the software (e.g. downloadable casino platforms) meets the highest standards of cyberspace security.
Over the years, bodies like iTech Labs, eCORGA (e-Commerce and Online Gaming Regulation and Assurance) and the Canadian Technical Systems Testing enjoy a spotless reputation in this regard. So, you should prefer to gamble at online casinos that advertise their approval from these bodies as they’re generally safer and more secure.
Appreciating the Differences
Online gambling is more regulated now than ever before with more than 61 countries (including the likes of the United States, the United Kingdom, France, and Germany, etc.) that strictly regulate online casinos. On the other hand, there are still 39 countries (such as the UAE, Singapore, and North Korea, etc.) that have deemed this digital venture to be illegal.
That being said, players in these countries have little to worry about as governments tend to penalize the online betting platforms that manage these casinos. For a better understanding, please refer to the respective laws of your country.
And that concludes our blog on how online casinos are certified and licensed these days. We hope that this clears any doubts that you may have had about online gambling and betting.
The NewCasinos.org platform was founded to address the scepticism around online casinos and to make online gambling more fun for gambling enthusiasts. This is why we constantly add new casino sites to our platform and why we empower our users to play the latest casino games!
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3 Jun. 2018, by Ari Waknine