In-depth Guide to Gambling Licenses
The first step in choosing an online operator is checking for an appropriate gambling license. Such a document indicates that the casino site operates under established legislation and guarantees the payouts and security of all players’ personal and banking information.
A license is mandatory for all sites offering paid and free gambling entertainment, such as roulette, poker, video slots, lotteries, sports betting, etc.
In this section, you will discover all aspects of licensing Canadian gambling sites and get to know the top gaming commissions in the market that you can trust.
Why Should a Casino Have a Gambling Licence?
Not all online operators are interested in obtaining a document allowing gambling activities. It is better to avoid such online casinos, as no one can guarantee your safety when playing on such sites. Fortunately, today the Canadian gambling market is becoming more regulated. More and more licensed casinos are appearing. Let us figure out what gives the punters and online operators the availability of a license.
- It means the online casino uses software from reputable and also licensed providers.
- The payment systems such sites use to guarantee the safety of the funds and banking details of the player. As well, reliable payment methods are the key to successful and quick payouts.
- A casino that has received a license from a recognized gaming commission must adhere to all fair and responsible gambling standards.
From the above points, it becomes clear that having a license is just a kind of strong bridge between an online operator and gamblers. Moreover, this document helps build trust with the audience. After all, it is unlikely that anyone will spend money on dubious gambling sites that do not obey anyone and do not guarantee anything.
Gambling License: Rules and Regulations
We have figured out the reasons and advantages of playing on licensed sites. Now is the time to understand what exactly online operators are committed to doing and not doing.
In each of the jurisdictions we will discuss later, a number of rules and regulations must be followed under applicable law. Thanks to the implementation of these rules, the transparency of the gambling entertainment market is ensured. To obtain a permit, an online casino is tested and undertakes to comply with the terms of the license and the law.
The number of clauses and restrictions in the license, as well as their content, may differ depending on the issuing authority. However, there are basic rules that are required:
Every online casino should promote responsible gambling principles and implement a policy that prevents gambling addiction
All games on licensed gambling sites are subject to mandatory RNG certification
The online operator undertakes to make available to the public all information regarding the license and its type, as well as what authority issued it
Some Features of Canadian Jurisdiction
Canada consists of 13 provinces, and each of them has its own gambling regulators. However, all land-based and online casinos in the country must comply with certain law clauses, for example, of the Criminal Code.
All issues regarding the issuance, suspension and renewal of licenses are the task of the provincial authorities. However, it is also important to note that to conduct a legal gambling business in Canada, one needs to obtain a license for gambling services, selling equipment and designing special gaming soft for gaming clubs.
Implementation of All Rules
All the rules and regulations set out above are implemented to fully protect players and improve quality standards and transparency in the virtual casino industry. Failure to comply with these rules entails mandatory punishment of licensees in the form of fines, license suspension and even criminal penalties for fraud.
Authoritative Gambling Jurisdictions
Several gambling jurisdictions worldwide issue licenses to online operators from all over the world, including Canada, and ensure the fairness and safety of the gaming process.
|UK Gambling Commission||It is one of the most recognizable and largest regulatory bodies of the modern gambling entertainment market. The Gambling Act of 2005 gives the commission a range of powers, including issuing licenses, monitoring the gambling industry in the country, ensuring safe gambling, protecting minors and combating money laundering. As a result, the UKGC has gained absolute authority in gambling entertainment thanks to high standards and strict licensing rules.|
|Curacao eGaming||It is one of the country’s main commissions regulating the Curacao gambling market and issuing a one-to-one licence. This document allows managing not only online casinos but also lottery sites, bookmakers and other types of gambling entertainment. The commission also checks the software providers used by the casino.|
|Alderney Gambling Control Commission||Established in 2000, the organization regulates the gambling industry on behalf of the government of Alderney. The commission issues gaming business licenses focusing on player safety, fair online casino operations and game results.|
|Malta Gaming Authority||This authority is engaged in regulating the gambling market in Malta and the remote control of online operators and bookmakers worldwide. Depending on specific services, the body issues four types of licenses. The MGA also controls the fairness of game results and guarantees the protection of every punter.|
|Isle of Man Gambling Supervision Commission||An independent gambling entertainment market supervision body, established in 1962, is responsible for licensing all operations of physical and Internet operators. The commission also pays special attention to the protection of minors.|
Other Casino Certification Organizations
In addition to licensing authorities, a number of independent organizations are also checking casino sites for compliance with certain standards. For example, independent evaluators, including eCOGRA, check the fairness of the random number generator and game results and calculate the so-called payout percentage.
Organizations such as Responsible Gambling Council educate gamblers about the importance of following responsible gambling rules and support gambling-addicted punters. Thus, such organizations create a safe gaming environment.