Gambling authorities play an important part in ensuring trust and transparency. They also protect the interests of gamblers and minority populations. All reputable online casinos are licensed by a gambling regulator from a particular jurisdiction. So, casinos without Swedish license have a permit from countries other than Sweden.
Below are a few popular gambling authorities around the world you might have heard of.
Curacao Gaming Control Board
The pretty island of Curacao is also the hotspot for online casino registrations. The laws allow a quick and affordable incorporation process and zero percent tax. Additionally, you need only one license to offer gambling services, whether a lottery, sports betting or casinos.
The Curacao government regulates more than 450 operators. It also grants master licenses to businesses that have a big budget. These businesses can issue sublicences to other operators without consulting the government.
However, the master license holder is responsible for monitoring the activities of the sub-licensees.
Curacao has very lax gambling laws.
Malta Gaming Authority
Malta is one of the pioneering countries to embrace the digital revolution. A license from the Maltese authorities generates trust and confidence among customers. The registration process is quite lengthy and comes with strict checks and high fees.
It is to ensure that every operator offers fair and transparent services.
So, a casino regulated by the Malta Gaming Authority is credible and trustworthy.
Moreover, it makes sure the gambling establishment complies with EU regulations. Businesses can also enjoy tax benefits and get relief from paying taxes in their country of origin.
They even get a chance to serve several jurisdictions.
UK Gambling Commission
The UK Gambling Commission is one of the most popular gaming authorities. The agency regulates casinos, betting, lotteries, and remote gambling in Great Britain.
It has a comprehensive legal framework and actively supervises all licensed operators.
Most importantly, the gambling commission provides advice to entrepreneurs and businesses to run their operations. It also promotes safe gambling and encourages operators to do their bit.
The commission is easily accessible and responds to complaints from gamblers. It has taken action against many rogue casinos that tried to break the regulations.
So, a license from the UK authorities creates faith.
Isle of Man Gambling Supervision Commission
The Isle of Man is one of the oldest to bring in laws on online gambling. It has the Gambling Supervision Commission, operating since 1962 to regulate all land-based activities. In 2001, the agency started supervising and regulating internet gambling.
It works to promote a fair environment for gamblers and protect underage kids. All casinos are also expected to comply with regulations for offering transparent services.
Moreover, the organisation ensures gamblers can truly win a payout. The Isle of Man also has favourable tax laws for corporates.
Final Thoughts
The above are the most popular gambling regulators worldwide. You can trust casinos licensed to these jurisdictions to offer fair services. However, stick with reputable and reliable websites to ensure the safety of your funds. In case of complaints, you can contact the regulators.
