The online casinos market today includes more than 10,000 different platforms around the world. That is to say if the players have freedom to Choose a game site, but there is an imperative to this choice
What is an online casino license? What are they for ?
The biggest fear of players is to register on a dishonest casino. A casino that will not pay them their earnings. In order not to be mistaken, there is a simple solution: the license that decorates the Online casino. Indeed, depending on the license you can know the reliability of the casino. There are several licenses in the world, the strictest, and others which are a little more lax with the casinos. A license, also called certificate, is granted by a government authority which ensures a certain conductive line to follow to avoid any dispute with players, since the license can be obtained provided that the casino strictly respects the standards imposed by organization. In addition, and I want to underline this point, there is (still not) a harmonization of licenses or international license, hence the interest of verifying what the casino refers. Between them, the licenses are not equal, each has its own criteria.
Best Casinos - September 2022
Caution with licenses!
Here are the main online game licenses that are most often found on online casinos. However, a license is not always a guarantee of holiness - Casino customer service is our even more important opinion because it will depend on the recovery of your earnings and the distribution of bonuses ...
- Antigua : This West Indian license has imposed itself in the e-game sector, even if some conflicts still border it as for example, with the World Trade Organization. Since then, each operator calling on her must subscribe to the Directorate of Offshore Games a request. In the event of approval of this request, the conditions are: a payment of $ 70,000 with a 3% annual tax.
- Curaçao : This is one of the oldest licenses. Indeed, offering one of the most advantageous taxes on the market, with 2% of net profits. Admissions are made in two stages: first the operator must make an admission request on file at the Curaçao Internet Gaming Association, followed by an in -depth investigation. If the admission is accepted, the license requests each operator a deposit of 60,000 guilders of the Dutch West Indies, then 10,000 of monthly payment for 2 years. The big defect in this license is that it does not get involved on disputes between casinos and players. In other words, casinos are almost autonomous on their policy.
- Kahnawake : is an Indian reserve located in USA, offering an online casinos license. But for some time, the latter has been questioned. Because it could attribute its license to any sites and not only to best casinos. In addition, when the license is granted to an online casino, it requests a tax of $ 5,000 dollars then another of 15,000 and finally one of 10,000 for annual renewal. In addition, it is herself who manages conflicts/disputes.
- Painted : This license currently encounters several problems, including players who do not feel helped see even protected by the latter, despite procedures in place and in force. On paper this license has everything correct: asking each casino wanting to subscribe, proof that its software has been tested for approximately 1 semester in order to prove its quality and sign a charter on safety and protection of players. Finally, if the admission is made, then the operator will have to pay 2,000 Maltese payment, then 3,000 monthly tax. In addition, even if there are many complaints, the authority remains innactive and chooses not to intervene.
- Alderney : Generally to be the Anglo-Norman small island with tax advantages (tax havens). To own this government license, online casinos must pass a strict battery of examination to have the top of the license. The reassuring thing with this license is that companies must prove not an external or internal survey that their casinos is fair and that their software is approved. For information: online casinos will have to pay to have 70,000 pounds sterling per year.
- Gibraltar : Has one of the strictest regulations on the market. Indeed, to join this license, this overseas territory, for the company wishing to settle, they want to ensure the legitimacy of the casino. Gibraltar is surely the most competent and more reliable jurisdiction in the sector. Indeed, for eligible for this license you must be a stable and then well established company. In other words, to be a license casino, the company must have a well -established financial basis, and offer a turnover in detail. If all these criteria are not met, there is no chance to own it.
- Man Island : It is located in the Irish Sea, considered a tax haven. But that does not mean that she is lax with partner companies. Indeed, each casino is examined in fine comb. In addition, this license works by candidacy, once the casino to send it, there is a commission which will determine if the latter is capable or is to obtain a license. For online casino companies owning this license will cost them 35,000 pounds sterling and a 1.5%tax. From now on, the island is recognized worldwide and congratulated for its effectiveness.
- The United Kingdom : This British license is known to be one of the most serious in this sector. The weak point of this accreditation is the tax rate that could scare many game companies. In addition, this taxation is 15% it is the highest in the sector. Players are the main concern to the point that this license offers a simplifying procedure for each dispute and they are all taken seriously.
- Arjel - It is the American license which is only granted to sports betting sites and online poker rooms.