No matter from where and at what time you’re playing online casino games, you can rest assured that you will have a safe and secure online gambling experience. Thanks to reliable and reputable casino sites that are licensed, regulated, and audited by trustworthy online gambling jurisdictions across the world. A gambling license and regulation becomes necessary to avoid getting scammed and protect yourself against any potential risks. Hence, before you register or signup at any site, make the first bet, or play the favorite game, it is essential to make sure that it is licensed by renowned governmental entity.
What Do Licensing Government/Authorities Do?
To legally operate and practice online gambling activities, it is required an operator to get the license from recognized authorities. The specific license is offered to a casino site that successfully meets certain standards of security, safety, reliability, confidentiality, and fairness. Online gambling jurisdictions have n numbers of rules and regulations that a web-based casino operator must follow.
Let’s take a look at key factors that a gambling operator must work upon to obtain reliable license beyond ubiquitous licensing fees.
- Get a list of permitted and restricted clients & customers
- “Fit and proper person” test for senior management as well as owners
- Give the option to contact the customer support team through email, telephone, live chat
- Instant and quick response to customers’ queries & complaints
- Set deposit limits
- Show elapsed playing time in gaming software
- Most often testing and validation of RNG software
- Publish and constantly update stats on the RTP of all games available
- Create and regularly check the waiting period on limit increases
Nearly every respected jurisdiction requires all of these and some other requirements from online casino operators. Legitimacy and financial trust gained by these jurisdictions make gambling sites establish a reliable image in the marketplace and give customers proof of their honesty and fair gaming experience.
Top 5 Recognized Gambling Jurisdictions Across The World
Might be it seems a surprising fact but it is true that more than 70% of the leading online casinos and sports betting sites have been licensed and regulated by renowned 5 major online gambling licensing bodies and regulatory authorities. These jurisdictions have the right to license and regulate casino operators and sites to make players feel safe to play at any time.
1- UK Gambling Commission
UKGC, United Kingdom Gambling Commission, or UK Gambling Commission whatever you may call is a world-renowned licensing jurisdiction that has been regulating and licensing online gambling establishments and activities in the UK since 2005. That was a year when the Gambling Act of the country was passed into law. This authority is also responsible for governing gambling operations or activities in Great Britain. It has policies, rules, and regulations that comprise everything including software testing, auditing process, and certification to financial transparency.
This regulatory body aims at facilitating fair, crime-free, prevent slot manipulation, and illegal gambling. The Gambling Commission has different types of specific licenses to offer such as various kind of remote casino licenses, multiple industry and intermediary licenses, etc. for secure gambling without making players develop a gambling addiction. UKGC offers remote operating licenses for Casino Games, Betting, Lotteries, Gaming Machines, Bingo, and Gaming Software. The application fee for a casino license is based on annual gross gambling yield. It may range between £2,640 and £57,304.
Well-known casinos accepting players from India and other countries are holding license from UKGC. It includes LeoVegas, Royal Panda, Omnia, Betway, Atlantic Spins, Genesis Casino, Yeti Casino, Kaiser Slots, Jaak Casino, and Spinit Casino to name a few.
The annual license charges for remote casino license ranges from £2,709 to £512,083. It also requires £125,000 for each whole extra £500 million of annual gross gambling providing above £1 billion.
2- Alderney Gambling Control Commission
Founded in May 2000, The Alderney Gambling Control Commission or AGCC is another known online gambling license provider. This international jurisdiction adds more rules and regulations in 2009 and then in 2018 to ensure crime-free e-casinos and online gambling. AGCC mainly provides 2 types of licenses –
1) License reserved for Business To Consumer (B2C) operations such as gambling sites providing services to players and handling financial transactions.
2) License for Business To Business (B2B) operations including those that provide online gaming itself such as NetEnt.
To get a license from AGCC, online casinos have to meet the international standards and rules such as submission of their registered software for regular testing. A site must frequently publish its updated report of all offered game’s RTP in percentage and set strict financial limits on initial deposits. Add a digital clock in their gaming software to facilitate tracking of gambling activities and avoid gambling addiction.
For the first year of operation, the applicant has to submit the initial licensing charges that may range between £17,500 to £35,000. Later, it will require an annual renewal fee ranging between £35,000 – £400,000 for producing the net revenue more than £30 million.
3- The Isle of Man Gaming Commission
The Isle of Man is another respected online gaming license authority that offers 4 main kinds of gaming licenses. It includes betting offices, land-based casinos, controlled gaming machines, and online gaming. The Gaming Commission produced its first gambling permit in 2001. The gambling operators have to complete all the documentation work required by the Supervision Commission.
Experts then analyze their business plans and intentions to keep a record of any past criminal actions or illegal operations. All gaming software they’re using is thoroughly checked for reliability, randomness winnings, and fairness by independent companies. Then, they have to create a bank account within the Isle Of Man. Detailed auditing is performed to make sure that they strictly adhere to this governing body’s rules and regulations.
Getting a license from the Isle of Man can provide the biggest advantage to a gambling operator as it covers almost every gaming and betting activities. The gambling site can rest assured that they are fully supported by the governing body. On top of that, there is no capital gains tax even license comes with reasonable personal tax and allowance rates.
Knockout Gaming, Boylesports Ltd, Paddy Power Holdings Ltd., and Rational Entertainment Enterprises are some of the most reputable license holders from this online gambling jurisdictions. To go in-depth of Isle Of Man Gambling Supervision Commission’s functions and powers, check The Gambling Supervision Act of 2010.
The fee range for GSC license depends on which type of gambling license you are applying to get i.e. the Full OGRA License and the Sublicense. Initial full or sub-license administration fee will be £5,000. The annual fee will be £5,000 for a Sub-license and £35,000 for a Full license.
4- The Malta Gaming Authority
Aim to regulate different sectors of the gaming industry for player’s games fairness and transparency, The Malta Gaming Authority (MGA) was established in 2001. Initially, it was founded as the Lotteries and Gaming Authority (LGA) but later in 2015, it rebranded as Malta Gaming Authority. This independent regulatory body regulates various sectors of the gaming industry in Malta for both online and table games. It includes Skill Games, Commercial Halls for Bingo, Land-based Casinos, Non-profit Games, Amusement Machines, Gaming Devices, Advertising Lotteries, Cruise Casinos, National Lottery, and Racecourse Sweepstakes & Bets.
This licensing and regulatory body was founded to ensure fair gaming to players, protect vulnerable gamers, prevent corruption & crime, and promote responsible gaming in a safe environment. The casinos regulated by MGA ensure the integrity of all offered games and gaming devices.
Currently, MGA lists more than 500 gambling sites licensed under its standard rules and regulations. For e.g. LeoVegas India, Betway, Omnia, Spin Casino, Kaiser Slots, Jackpot City, Fun Casino, Gaming Club, Atlantic Spins, Yeti Casino, Jaak Casino, Royal Panda Casino, Genesis Casino, and Spinit Casino.
MGA 4 classes of remote gaming license are as follows –
- Class 1 – Online gambling operations that boast casino games including lotteries, slot machines, skill games, and table games.
- Class 2 – Pool & sportsbook operations such as fixed odds betting, spread betting
- Class 3 – Player vs. player gambling operations such as gaming and betting exchanges
- Class 4 – Gaming software vendors planning to host and manage remote gaming operators
The annual cost of 1, 2, and 3 class license is €25,000 (about $28,500), while it is €10,000 annually for a Class 4 license.
5- Gibraltar Regulatory Authority
Gibraltar Regulatory Authority (GRA) is the trusted and well-recognized licensing and regulatory authority in Gibraltar founded under the Gibraltar Regulatory Act 2000. This independent statutory body has a diverse range of responsibilities across different sectors for player safety in online gaming. There are a handy 54-page PDF guide “Remote Technical and Operating Standards” that allow applicants to understand exactly what they require to obtain GRA license.
Nominated as the Data Protection Commissioner under the Data Protection Act 2004, GRA is responsible for the enforcement of Gibraltar’s data protection law. GRA is the national supervisory and regulatory authority under the Communications Act 2006 responsible for regulating the telecommunications and electronic communications in Gibraltar. Under the provisions of the Post Office Act, GRA grants and enforces licenses and general authorizations.
7 Types Of Licenses Gibraltar Regulatory Authority Can Issue
- License of a bookmaker
- License of a gaming machine
- License of a lottery promoter
- A remote gambling license
- A gaming machine license
- License of a betting intermediary
- License of a gaming operator
Today, it is considered as the gold standard for ensuring trustworthiness. This licensing authority is responsible for providing a license to online casinos, sportsbook, and brick-and-mortar casinos. Annually, it charges a licensing fee of £100,000 (about $132,000) for all sorts of gambling operations. Some of the topmost casinos holding the license from Gibraltar Regulatory Authority are BWIN, Gamesys, Ladbrokes, IGT, Inspired Gaming, BetVictor, and Tombola just to name a few.
Other Online Gambling Jurisdictions
Apart from the top 5 online gambling jurisdictions discussed above, there are some more authorities that are responsible for licensing, regulating, and auditing online casinos, sportsbook, and other sites operating gambling activities.
In this table, you’ll find the name of preeminent government bodies and authorities that have been licensing and regulating the large numbers of gambling sites across the world.
|Curacao eGaming||Cyprus National Betting Authority|
|The Philippines Gambling Commission||Canadian Kahnawake|
|First Cagayan Leisure & Resort Corporation||Antigua & Barbuda Directorate of Offshore Gaming|
|Costa Rica Regulatory Organisation||Montenegro eGaming|
Licensing class and annual charges will differ for each of these authorites. But, they all aim at the common objective of facilitating secure, fair, and transparent gaming and betting experience of players with no fraudness, cheating, or gambling addiction. All online casinos holding license from 5 topmost authorities or commissions are quite safe to play any of the offered game as their software, policies, promotions, and everything are tested under the strict guidelines.