Choosing an Online Casino Based on Their Licences
When you are trying to figure out which online casino you should sign up with, one of the main things which you need to do is check whether the casino you want to gamble at has all the proper licences or not. You shouldn’t be deceived by empty promises and flashing lights. It is much more sensible to look for assurances that your money is in safe hands so that if you win, at least you’ll be able to claim your prize.
Most of the top online casinos are licenced from the UK with a familiar jurisdiction like Alderney or the Isle of Man. Same is the case with the international legal landscape when it comes to gambling and the entire licencing process.
In the UK, all gambling websites are governed by the UK Gambling Commission. If a casino wants to operate within the UK territory, they will need to get a licence from them. As per the Gambling Act of 2005, the main purposes of this system are as follows:
- To make sure that all of the games are transparent and fair.
- To make sure that there is no connection between criminal activities of any kind.
- To prevent vulnerable people and children from getting exploited by online casinos.
If you want to get a licence then your gambling company is going to have to meet some suitability criteria like:
- You’ll have to confirm the identity of the company which is applying for a licence in order to confirm that they have sufficient finances to run a casino.
- You will have to provide proof that the company is trustworthy and honest.
- You will also have to provide proof that the people running the company have the necessary experience and qualifications to run an online casino.
The process is fairly simple but necessary.