For the most part, players will just find what they think is an excellent online casino to join and then go ahead and sign up. Many assume that they are operating legally. In most cases, they are, but it is essential to know that all legal online casinos are required to be licensed.
Also, what has to be kept in mind is that there are several licensing authorities. So it doesn’t mean that all the online casinos fall under the same licensing. The following is a list of the governing authorities which take on the responsibility of providing online casino licenses:
- The Isle of Man
- Antigua and Barbuda
- The United Kingdom
- St Kitts and Nevis
- Costa Rica
The Licensing Rules
While there are several governing authorities to oversee the gambling activities online like the casinos, they do not all have the same rules which need to be followed. Although the most reputable and established of these authorities do have the same basic rules. Some of which include:
- Periodic testing of the Random Number Generator
- The listing of clients who are permitted to play and those who are prohibited
- That data is being provided to clients regarding return to player percentage
- Provision of deposit limits
- Reviewing the waiting periods for the increases on limits
- Full contact information
- Response time to complaints
These are what the well established governing authorities feel are the most critical rules which the online casinos must comply to.
Having governing authorities and rules like these, benefit those who become playing members of the online casino sites. These are all rules which protect the players. Any person who is going to join an online casino should check out who they are licensed with. If they want to take it a step further, they can do additional research as to what the specific rules are that the applicable agency has put in place for their licensing.
Quite often, some of the online casinos will have more than one license. This is so they can serve multiple jurisdictions.