The gambling business has more depth than you expect. If you are thinking about launching in this field, the first thing you have to take care of is proper licence and authentication by certain licensing bodies and gaming auditors. Security and licence are paramount for many offshore gambling operators. But, to be on the safe side, you can use this list of international casinos that are serious about licensing.
When issuing licences, authorities prioritise certain rules and regulations. Let’s take a closer look at what they are.
Regulatory authorities in different countries
Several popular licensing bodies over the world issue licences to gambling operators. The list below contains the names and details of several licensing bodies around the world that are responsible for verifying and authorising licences to keep gamers safe.
United Kingdom Gambling Commission (UKGC)
One of the most famous gambling bodies is the Gambling Commission of the UK. The Department for Digital, Culture, Media & Sports sponsors this commission. UKGC started its work after the Gambling Act 2005. It generally regulates and issues licences to individuals or businesses which offer gambling in Great Britain to keep gambling safer, and people away from harm. It provides three types of licences – an operating licence, a personal management licence, and a personal functional licence. It provides licences for both land-based and online gambling companies. It is very strict about issuing licences and maintaining protocols and it can take action if any individual or business fails to reach the mark of its standard in terms of rules and regulations.
Gibraltar Regulatory Authority
GRA, one of the most trustworthy regulatory bodies in Europe, was established under the Gibraltar Regulatory Act of October 2000. Its main responsibility is to enforce regulations in terms of the rules of Gibraltar and EU legislation. It provides the following services – data privacy, information rights, licences for gambling, regulations for various electronic communications, etc. You can safely choose any gambling site if it is authorised by the Gibraltar Regulatory Authority.
Casino Regulatory Authority of Singapore
The Casino Regulatory Authority (CRA) was formed as a statutory board under the Ministry of Home Affairs on 2 April 2008. It is solely dedicated to supervising and regulating the casino industry in Singapore. It ensures that the games in casinos should be played honestly and the casinos should be devoid of any criminal exploitation. It can penalise the operators if they fail to regard and maintain any regulations properly.
Malta Gaming Authority
MGA is one of the first regulatory bodies to issue licences for online gambling. It supervises both land-based (casino, amusement, slot machines, betting offices, fantasy sports and lotteries) and online gambling. It was established in 2001 to:
- Unite age verification solutions providers to protect minors and vulnerable individuals
- Guide and cooperate with gambling operators
- Look after the players’ rights
- Provide troubleshooting to gamblers.
Many online casinos nowadays prefer to operate under an MGA licence.
Alderney Gambling Control Commission
Alderney, a non-political body and one of the islands on the coast of England, regulates online gambling. It was formed in May 2000. Its services and regulations reach the mark up to the international level. Its main responsibility is to maintain fair online gambling. It also ensures the protection of the players.
Isle of Man Gambling Supervision Commission
The Isle of Man Gambling Supervision Commission, previously known as the Gambling Control Commission, regulates both land-based gambling (casino, slot machines, betting offices, lotteries) and online gambling. It was formed in 1962 to ensure that the players could play without any criminal influence and exploitation. It is popular because of its tax-friendly jurisdiction. It first gave its licence to Celton Manx, an online gaming operator in February 2009. The advent of online gambling has enhanced its popularity.
Nevada Gaming Control Board
The Nevada Gaming Control Board, also popularly known as State Gaming Control Board, is the first regulatory body in the USA to legalise online gambling. It was established in 1955 under the supervision of the Nevada Legislature. This board collects monthly revenues from gaming sites. It ensures regulations regarding the license and operation of gaming.
Norwegian Gaming and Foundation Authority (Ministry of Culture)
The Norwegian Gaming and Foundation Authority supervises state-based gambling companies and private owners within Norway. It also includes casino gambling and horse racing as legalised gambling services. Its Gaming Authority was formed on 1 January 2001 and is responsible for regulating the management of the state-based gambling companies and private lotteries. Its Foundation Authority was founded on 1 January 2005 and is dedicated to supervising all foundations in Norway.
Summing up
To regulate their work, there are many authorities who supervise and control the occurrences in both land-based gambling and online gambling. They issue licences according to their licensing standards and regulations. They also ensure the safety and security of players all over the world and take care of their protection regarding payments and addictive behaviours.