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The Importance of Licensing and Regulation in Online Casinos with the Help of Casinotopplisten

To comply with local and international online gambling laws, online casino operators who wish to aim their business towards certain markets (i.e., if they want to accept real cash wagers from players in certain countries) must comply with online gambling laws and regulations in those jurisdictions so they can legally operate. Using Casinotopplisten to choose a good casino can help you identify operators who adhere to these regulations.

They can only start accepting players from those countries after obtaining the necessary operating licenses. However, the regulatory standards and legal frameworks vary greatly across the world. Casinotopplisten provides insights into which casinos are properly licensed and regulated, ensuring you play on secure and legally compliant sites.

Let’s dive straight in to discover more about the complexities of the licensing and regulation of iGaming websites and discuss why it is important that real money gambling sites are licensed.

Why is it important that online casinos and other real money gambling sites are fully licensed and regulated?

Obtaining the necessary online gambling licenses from a highly reputable, globally renowned online gambling governing body/gaming commission/licensing authority to legally operate in that jurisdiction shows that the casino operator is, in fact, legitimate and will run an honest and transparent business.

However, not all licensing authorities have strict controls over their licensees or carry out stringent background checks, often handing out what are commonly referred to as ‘rubber stamp’ licenses to anyone with enough money to purchase one.

There are three different standard tiers of licensing authorities, including the bottom tier (rubber stamp), mid-tier, and top tier.

The world’s safest and most secure online casinos, like the ones currently featured on the official Casinotopplisten iGaming review site, will always be fully licenced and regulated by a mid to top-tier licensing authority.

In other words, all of their carefully handpicked online casinos will be licensed by one or more of the following trusted regulatory authorities:

  • UK Gambling Commission
  • Malta Gaming Authority
  • Gibraltar Gambling Commissioner
  • Curacao eGaming
  • Spelinspektionen
  • Norwegian Lottery Authority
  • New Jersey Gaming Commission
  • Isle of Man Gambling Supervision Commission

Players are only ever advised to register accounts with online casino websites that are licensed by a trusted mid/top-tier licensing authority and avoid those that are licensed by bottom-tier ones.

The worst casinos that must be avoided at all costs are ones that are completely unlicensed and unregulated.

Why are online casinos licensed by mid to top-tier authorities more trustworthy?

Gaming commissions, licensing authorities and regulators of the real money gambling industry in their respective jurisdictions are responsible for protecting players and overseeing gambling in those regions.

Before issuing a license to an operator, an extensive background check, in-depth analysis and investigation, and a thorough vetting process will be carried out to ensure the applicant is trustworthy and legitimate.

It shows transparency in a business that is licensed and regulated by one of these authorities and fosters a sense of trust in the iGaming industry.

Let’s just say that the online casino you have recently joined is taking forever to process your withdrawal or hasn’t come good on a bonus they offered. Although this is extremely unlikely to happen at a top-tier-licensed casino site, it could still happen.

In that case, if you don’t seem to be getting anywhere after raising your concern with the casino, you could then go directly to the licensing authority/gaming commission that issued them with a license. They would have to investigate and resolve the issue/complaint for you.

In other words, when playing at mid/top-tier-licensed iGaming sites, you will always have the legal backing and support you are entitled to as a player.

In comparison, if the same happened at a bottom tier/unlicensed and unregulated site, your issue/query/complaint would most likely remain unresolved.

This is why you should stick to playing at safe and secure online casinos with excellent reviews that are known to be fully licensed and regulated by trusted authorities and controlled by reputable operators with good standing in the iGaming industry.

How else are online casinos regulated?

Today’s most trusted online casinos also tend to be monitored, tested, and audited by one or more internationally accredited online casino testing agencies.

These trusted third-party, non-profit organisations also help protect players by scrutinising the day-to-day operations, following up on player complaints, testing the games for fairness, ensuring they have tight security, and actively promoting responsible gambling.

eCOGRA (eCommerce Online Gaming Regulation and Assurance) is just one such example of a company that has been keeping players safe for over a decade.

Other notable online casino testing agencies with a similar role that some of you may have heard of are BMM Testlabs, and iTech Global Pty Limited. That’s not forgetting Quinel Ltd, Global Lab Limited, Technical Systems Testing (TST), and Gaming Laboratory International, to name a few.

Final thoughts

Now that you understand the importance of licensing and regulation, it should give you more faith in the industry and help you choose the best sites more easily.

Before signing up anywhere, it’s always a good idea to conduct your own research and due diligence, but to save you time and effort, don’t forget that trusted iGaming review sites like Casinotopplisten have done all the hard work for you.

Their dedicated team of expert researchers know where to look for the latest accurate information and then present their findings in an insightful way that’s easy for players to understand. Their hard work has guided players to the safest sites and away from the bad ones.

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