By the year 2020, the online gambling industry is projected to hit the $60 billion mark. This means the online gambling industry is truly thriving. Just how many online casinos, sportsbook websites, poker and blackjack rooms, and all other online gambling sites are active? The answers are conflicting since these sites pop up and disappear overnight. In connection, how many online casinos are credible and secured?
The online gambling is a heavily regulated industry and this means that online casinos must adhere to these conditions to be considered credible, safe and secure. Note that not all online casinos offering the most free slot money is 100% safe. They should also comply with the strict condition of the gaming authorities.
Licensing, Regulation and Registration
The online casino’s licensing and regulation must be displayed at the bottom portion of its homepage. Gaming authorities are usually based in the UK, Gibraltar, Malta, Isle of Man, Antigua, Curacao and Netherlands Antilles. Any gaming website that procured its licensing from other countries other than those mentioned above should be highly considered. U.S. gamblers from New Jersey and Nevada should play in casinos registered by the New Jersey Division of Gaming Enforcement and the Nevada Gaming Board.
Online Casino Ownership
Legitimate online casinos have the About Us page which contains information about the company that runs the casino, its history, contact information and other pertinent data the legitimizes the company. The Terms and Conditions page should also be checked out. If the information is insufficient or too pumped, the site might not be legitimate.
Microgaming, IGT, NetEnt, Playtech and Yggdrasil are just some of the top software providers for online casinos and other gambling sites. Gambling sites for U.S. players are powered by Realtime Gaming (RTG), which is not very strict if a casino’s license is in order. A logo of external audit firms such as Gaming Associated Pty Ltd, TST, Ecogra and Thawte should be visible on the casino’s homepage.
This refers to data encryption through Secure Socket Layer (SSL) before the data is published across the web. There are two things that one should look for: https:// at the URL, where s stands for secure; and a padlock icon in the web address. And before login in, it makes sense to double check if one is in the correct login page.