Online casinos have risen in popularity over the last decade. They offer a variety of games, such as slots, blackjack and roulette. The benefit is that you can play from the comfort of your own home. However, you’ll need to ensure that you’re playing at a reputable online casino.
There are several different types of licensing, each of which has its own requirements. Before operating an online gambling business, you’ll need to determine what the laws are in your area, as well as how to obtain a license. This can include a large amount of paperwork and costs. While some online casinos hire outside help to manage their licensing requirements, other companies handle the entire process in-house.
There are four main types of licenses for online gambling. Each is issued by a regulatory body. Although each one has its own procedures, there are some common elements of the application process. Depending on the jurisdiction, prospective operators can expect to spend a few months on the licensing process.
Aside from gaining a license, you’ll need to show proof of funds. In addition, you may need to incorporate in a jurisdiction, or host your servers there. Some licensing authorities require background checks and criminal records. If your business is caught engaging in illegal activity, you could be fined heavily. It’s also important to note that the laws vary by country. You’ll want to check the regulations of any casino you plan to visit.
One of the most prominent online gaming sites is Bet365. They have a long history and a strong presence in several European and Asian markets. As of 2018, they’re planning a US rollout. And with Ohio sports betting expected to go live in January 2019, they’ll be a test case for the state’s regulators.
Unibet is another popular online casino. They offer a wide selection of real money games, including slots, blackjack and Texas Hold’em. Their reputation is for being fair, and they have been a pioneer in offering progressive jackpots. For those who prefer to wager on live games, they also have a live dealer option.
Microgaming, based in the Isle of Man, developed the first fully functioning gambling software in 1994. Since then, the company has become a worldwide leader in the industry. Together with their partner Cryptologic, they ensure that financial transactions are secure.
The Kahnawake Gaming Commission is another respected regulatory body. It’s based in the Mohawk Territory of Kahnawake, Canada. Like Bet365, they offer a variety of real money games, including poker, blackjack and more.
Play+ is an option for instant deposits and withdrawals. To use this, you’ll need to have a bank account or credit card. Once you make a deposit, you’ll receive a welcome bonus.
In addition to these three licensing options, there are also sub-licenses. Sub-licenses are for certain types of games, such as poker or fantasy sports. These are valid for as long as the master license is in place.