The status of a legal casino online that has a license. This document protects such an institution from state authorities. Customers initially assess the honesty and reliability of the virtual gambling club by the presence of a license.
The main advantages of licensed online casinos
The payout is guaranteed. Users can be sure that officially operating casinos will conduct payouts of winnings according to a fair and open scheme. State legislation necessarily regulates any financial transactions, so fraud is impossible. Otherwise, the gaming license will be revoked.
Payment is made in the national currency. Currency conversion is not required to deposit or withdraw money, which saves time and money on various commission fees.
Availability of virtual casinos. Regardless of the status of the client, he has the right to play machines if he has reached the established age. The rules for restricting access to the game portal can be found in the corresponding user agreement.
Certified information. Official casinos work only with proven and popular developers. Since the apparatuses are tested and receive the appropriate certificates, this guarantees honesty, quality and transparency.
Security of customers’ personal data. Hackers cannot get the data of customers because all of them are protected.
Due to the above advantages, getting a gambling club license is beneficial for the owners.
How can you verify the authenticity of the license?
Many gambling establishment owners who do not behave honestly deliberately try to get a license for their “closed” establishment. According to the Gambling and Lotteries Regulatory Commission, 1,500 cases of unofficial websites have been identified. In the conditions that currently exist, it can be concluded that this figure will increase.
Inexperienced players often fall for the tricks of illegal sites and have negative experiences. This includes minimum deposit requirements and incredibly lucrative bonus offers.
To protect yourself from such scams, it is necessary to obtain a license. In most cases, it is available to the client on the official casino website or available to a support staff member if needed.