Thursday, January 20, 2011

Online Casino Safety By Looking For Its License

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The place in which an online casino site is licensed is an important aspect of the casinos overall reputation. The key characteristic that you should look for when ensuring that the casino that you play at is legitimate, is firstly to make sure that the license that they are using in order to play, is the license needed in that particular jurisdiction. You do need to make sure that the licensed country is actually genuine, and that the web servers do exist in reality.


If your arrival on the online casino scene has been fairly recent, you will be quick to notice that there are certain names that shine out in the online casino industry. Great deals of these well known companies are licensed from similar territories and you will quickly recognize who are the big players in the online casino licensing field. Many of these licensing companies are located in the Caribbean, in such islands as Antigua and Barbuda, Curacao, St. Kitts and the Dominican Republic.


The main reason that these governments have in allowing online casino operators to base themselves within their territories is that many of these countries are small and extremely under-developed, they are searching for ways of bolstering their economies, and with the advent of the internet, one such way of doing this has been to allow licensing to online casinos from their jurisdictions.


Most top online casinos will pay thousands upon thousands of dollars for a legitimate online casino license. And, once these licenses have been purchased they will continue to make money for the jurisdiction in which they have been licenses, usually through tax provisions, and this will be on an ongoing basis, so that whoever holds the license will continue to pay a certain amount of money in order to cover taxes.


Today there are more and more recognizable jurisdictions jumping up to provide various companies with legitimate licenses, Italy and Australia are amongst these newly emerging, yet trustworthy, licensers.


However, it is still the case that the majority of the supposedly 2000 online casino sites in operation today, continue to get their licenses from smaller jurisdictions, or even in unique, and little known, zones such as the Kahnawake Gaming Commission, an American/Canadian native Indian reservation which enjoys its own separate status and distinctive laws in comparison to the rest of the USA. The Kahnawake Gaming Commission is amongst the most popular licensors in the global economy today, and they have issued, it has been reported, well over 400 online gaming licenses.


Establishing where an online casino is licensed appears to be an easy task to undertake. Those companies with the most reputable names amongst online casinos will always display their licensor's logos in a prominent place for their customers to see, they are often located at the bottom of their homepage.


If you have any difficulties trying to figure out exactly where the particular online casino at which you find yourself playing is based, then our advice would be to find another casino, they may be legitimate, but why waste time with a company who does not show proudly from where they are licensed- even if they have nothing to hide, their behavior implies that they do.



More: http://www.hsengine.com/s_Comparison.html

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