«Jurisdiction of Online Casinos
Jurisdiction of online casinos is related to some certain country that issues licensing to operators of online gaming facilities. This licensing allows operators to engage into different kinds of gaming businesses, including online gaming. Some jurisdictions are considered to be more reliable because they undergo a thorough testing and regular control.
More often developers of software for the largest online casinos do not have any trust issues if the operator of the casino obtained licensing from one of the best jurisdictions. This is exactly the reason why they do not doubt that independent experts have taken all necessary measures to test all aspects of the casino operator. The best jurisdictions in the online gaming community are Kahnawake, Curacao, Antigua and Malta. The jurisdictions of Antigua and Barbuda were the first to issue licensing to operators of online gaming sites through their game department.
Gaming of operators who obtained their licensing in Antigua is controlled by strict laws and regulations on the prevention of money laundering. Requirements that this jurisdiction sets for its licensees include procedures, such as ‘know your client’, availability of external independent auditors, certified paying capacity, and abidance by laws set by the jurisdiction. The most trustworthy online casinos are those that obtained their official licensing allowing them to engage in gaming business on the Internet from the authority of Antigua.
Kahnawake Gaming Commission was established a few years later than that of Antigua. Yet at present it has the highest number of licensees. Its logo on a gaming site is a positive sign testifying reliability and trustworthiness of the online casino. The reason is that Kahnawake testing is one of the strictest ones, evaluating the licensee, his paying capacity, as well as the quality and fairness of the software.
Next is Malta. Although it started licensing in 2000, it underwent reconstruction of its system in 2004. At present this licensing authority supervises lotteries and games. One of the most attractive characteristics of the Authority of Malta is that it provides long-distance licensing which is very convenient for any online casino operator, located outside Malta.
Curacao is another authority issuing licensing to gaming operators, located in the Netherlands Antilles. CIGA works under the patronage of the Curacao Department of Justice. After submitting the application, its approval will take around 6 weeks. After that period a provisional license is granted. The principal license is granted only after all kinds of tests are accomplished.
One more offshore zone for online casinos is the Isle of Man. The territory belongs to Great Britain. This jurisdiction is considered to be one of the best out there. Nevertheless, not all operators of online casinos address this authority. The reasons are expensive licensing and overly demanding requirements in comparison to those set by the authorities mentioned above.