Gambling is one of the most regulated hobbies in the world. No authority will try to regulate your reading or jogging hobbies. But when money and the potential for addiction are involved, the need for regulations by the government and a gambling authority is inevitable.
Yes; regulations are necessary. But when they are too restrictive, gamblers don’t welcome them. Many countries completely ban online gambling. Others, like Canada and Austria, allow it under extreme restrictions. The only websites allowed to work there are the ones owned by the national lottery. This gives gamblers little choice. They are limited to boring websites with a few games and low jackpots. Or are they?
Here’s the truth: you can play at an international online casino. This is still a licensed site that has the right to offer its services in your country. The international gambling industry is way more attractive, since it opens many more opportunities when compared to local online casinos.
What Authority Licenses an International Casino?
Licensing authorities request high standards of fairness, confidentiality, credibility, and security. Before they grant a license to a gambling site, they make sure it complies with their rules and regulations. This means that when you access a licensed casino, the authority that provided that license guarantees the games haven’t been rigged to go to the casino’s favor. They have been developed according to the Random Number Generation principle.
You might be wondering: what authorities give licenses to international online gambling brands?
The UK Gambling Commission
The UK has pretty liberal online gambling laws. This Commission grants licenses to websites that meet its standards, so it’s not limited to services provided by the national lottery. It’s a strong regulatory body that ensures crime-free, fair online gambling. It checks the terms and conditions and tests the games offered before granting a license. Some of the most reliable online casinos hold a license from the UK Gambling Commission.
The Gibraltar Regulatory Authority
If you check online casino LoopX reviews, you’ll see that many brands hold a license from this authority. With it, they can offer their services to gamblers from Canada, New Zealand, Austria, and any other country where online gambling is not strictly forbidden.
This is an independent statutory body with a vast range of responsibilities for protecting gamblers against scams. In addition to online casinos, the Gibraltar Regulatory Authority also licenses land-based casinos and sportsbook sites.
The Malta Gaming Authority
This is another popular institution that licenses international gambling sites. It was established in 2001, with jurisdiction to regulate different sectors in the Maltese gaming industry. This regulatory body ensures fair play and prevention of crime and corruption.
Hundreds of gambling sites are licensed by the Malta Gaming Authority. In fact, some of the best casinos for players from New Zealand hold such a license. You can explore the iCasinoReviews TOP list to check what games and bonuses they offer. But when you see there’s a valid license from this regulatory body, you can rest assured they are safe.
The Isle of Man Gaming Commission
This regulatory body is authorized to grant licenses to land-based casinos, online gambling sites, controlled gaming machines, and betting offices. It’s gaining increased popularity among international online casinos.
What’s the Best Licensed Casino?
Since there are many gambling sites that hold valid licenses, once can’t help but wonder: what’s the best casino? A good license gives you the hint of credibility. It proves that the games are not rigged, and the players are protected by strong terms and conditions.
However, the license doesn’t prove everything. It’s important for a gambler to find a website that gives good bonuses without crazy playthrough requirements. They also want a nice selection of games, hopefully by multiple providers. The graphics matter, as well as the ability to access the site via mobile.
We always recommend reading reviews. It’s the easiest way to compare sites and learn from the experience of others.
What Makes an Internationally Trusted Gambling Site Better than a Local One?
You’re about to start gambling with real money, so you want to choose the best site for your needs. If you have the opportunity to choose between local and international casinos, why should you opt for the ones with a foreign license?
- Local sites, which are regulated by national lotteries, usually have a poor choice of games. They won’t feature the most popular software developers, such as NetEnt, Microgaming, and Yggdrasil. They limit their players to a much lower number of slots, table games, and live dealer games when you compare them to international gambling sites.
- International casinos attract a greater number of players. This makes their progressive jackpot slots way more productive. The amounts grow with each bet, so they easily reach millions of dollars available for someone to win.
- You get more payment options. Local sites usually limit you to credit/debit cards, since the government wants to control your money. At international websites, you can use e-wallets for greater speed and convenience. Some casinos also accept cryptocurrency, so you can stay completely anonymous. In that case, no banks stand in the middle of transactions, so you’re not paying any fees.
With international online casinos, you still get the same level of security as a gambler. However, you get a much better thrill. That makes all the difference in the world.