Gambling was always a great entertainment for people. As it is an easy and interesting way to relax, get some rush of adrenaline and with a good portion of luck even to get some profit.
Internet era brought considerable changes to gambling industry, as it opened a new and unbelievably fast-growing kind of gambling - online casino gaming.
It was a breakthrough and with the birth of online gambling, many online casino operators appeared. There were enormous amount of people wishing to take advantage of the anonymous structure of the Internet. As a result of unfair games, money machinations, dishonest casino operators and luck of laws and legality, many untoward experiences were the everyday reality of that period. Public trust to online casino was disappearing.
Nevertheless, not all people wanted to make quick money. There were some safe casino software operators wishing to stop illegal online business and return faith in fair games. Their aim was to help uplift the credibility and integrity of the online gaming industry.
Getting a casino license
Soon after the decision to return a good name of trustworthy casino operators and e-business itself, a licensing body was created.
Honest and reliable online casino operators applied for a license that was supposed to regulate the whole online gambling industry at that time. The idea of licensing was successful and brought it positive results.
In general, the licensing procedure is aimed at improving quality of online gambling operator's services to their players and to stick to the general standards and procedures imposed by the licensing body. The latter must reduce the number of illegal operations of online gambling operators.
The licensing bodies played a crucial role in online gaming industry development, as they returned the online gamblers' faith in online gaming operators and brought them confidence while playing in licensed online casinos. In order to achieve such results, standard policies, constant quality services checks and strict rules were determined to the licensees.
Application for receiving a license is not an easy process too, as casino operators should meet a number of quality standards and procedures. As a result of such tough requirements, online casino operators are supposed to improve quality of their services in order to be issued a license.
One more benefit from licensing procedures is that players don't need to read casino reviews anymore. They can easily choose only trustworthy casinos and do not get deceived by dishonest casino operators, as licensing has easily separated them.
The licensing procedure of online gaming operators has had its great impact on the online gambling industry as it has restored people trust and confidence alongside with online casinos credibility.
Casino licensing jurisdictions
Gambling licenses are highly restricted due to the high profits type of business. It is very difficult to be awarded a license, especially for land-based casinos. As a result, other type of gambling licenses are gaining more and more popularity. They are called offshore-licenses. It means carrying out gambling business online.
This license gives many advantages for its owners. First of all, online gambling is very seductive for online players, as it allows them not to spend money for trip unlike land-based casinos. Secondly, online casinos are available to almost everybody from the home computer. Players do not need to take days off at work and it saves their time. What a great opportunity! In addition to all the previous advantages, offshore-licenses bring benefits not only to players, but also for online casino operators: these licenses have smaller taxes. Visit Crazy Vegas casino and enjoy the benefits of online gambling!
Every honest and safe online casino is required to be licensed within the casino jurisdiction in which they house their player servers. The most popular and reputable countries offering online casinos a regulated and taxed base for operation are:
Each of these casino jurisdictions provide necessary regulation, constant financial and quality checks of their licensees in order to provide players with fairness, legality and transparency of the online gaming.