What the regulator checks when issuing a license
1) Why check before issuing a license
A regulator is a government or independent body that monitors the operation of online casinos and guarantees compliance with safety and integrity standards. Before issuing a license, the operator undergoes due diligence to eliminate the risk of fraud, violation of the rights of players and non-compliance with the law.
2) The main aspects that the regulator checks
1. Operator financial stability
Having sufficient capital to pay players.
Confirmed funding sources that exclude links to money laundering.
Financial statements and audit.
2. Owners' reputation and trustworthiness
Verification of the biography of owners and top managers.
Absence of convictions and participation in illegal activities.
Experience in the gambling industry.
3. Compliance with technical standards
Use of a certified random number generator (RNG).
Testing games for honesty by independent laboratories (eCOGRA, iTech Labs).
Server stability and protection against hacking.
4. Player Data Protection
Apply encryption (SSL/TLS) to all transactions.
Secure storage of personal information in accordance with GDPR or similar standards.
A privacy policy that prevents the transfer of data to third parties without the player's consent.
5. Responsible gambling
Self-limiting tools (deposit limits, account blocking on request).
Integration with organizations that help with gambling addiction.
Ban on underage players.
6. Compliance with jurisdiction
Legality of casino operation for target countries.
Compliance with local tax and financial regulations.
Possibility of dispute settlement through the regulator.
3) Why this check is important for players
Guarantee of the honesty of games - excludes manipulation of results.
Financial protection - the operator must have funds for payments.
Data security - personal and financial information will not get to attackers.
Legal support - in case of conflict, you can contact the regulator.
4) Differences between strict and loyal regulators
Strict (MGA, UKGC, Isle of Man) - deep verification, regular audits, high safety standards.
Loyal (Curaçao, Panama) - faster and cheaper to obtain a license, but fewer control mechanisms.
5) The bottom line
When issuing an online casino license, the regulator checks the financial, technical and legal reliability of the operator, as well as its readiness to protect the interests of players. The stricter the check, the higher the chances of a safe game and fair conditions.
A regulator is a government or independent body that monitors the operation of online casinos and guarantees compliance with safety and integrity standards. Before issuing a license, the operator undergoes due diligence to eliminate the risk of fraud, violation of the rights of players and non-compliance with the law.
2) The main aspects that the regulator checks
1. Operator financial stability
Having sufficient capital to pay players.
Confirmed funding sources that exclude links to money laundering.
Financial statements and audit.
2. Owners' reputation and trustworthiness
Verification of the biography of owners and top managers.
Absence of convictions and participation in illegal activities.
Experience in the gambling industry.
3. Compliance with technical standards
Use of a certified random number generator (RNG).
Testing games for honesty by independent laboratories (eCOGRA, iTech Labs).
Server stability and protection against hacking.
4. Player Data Protection
Apply encryption (SSL/TLS) to all transactions.
Secure storage of personal information in accordance with GDPR or similar standards.
A privacy policy that prevents the transfer of data to third parties without the player's consent.
5. Responsible gambling
Self-limiting tools (deposit limits, account blocking on request).
Integration with organizations that help with gambling addiction.
Ban on underage players.
6. Compliance with jurisdiction
Legality of casino operation for target countries.
Compliance with local tax and financial regulations.
Possibility of dispute settlement through the regulator.
3) Why this check is important for players
Guarantee of the honesty of games - excludes manipulation of results.
Financial protection - the operator must have funds for payments.
Data security - personal and financial information will not get to attackers.
Legal support - in case of conflict, you can contact the regulator.
4) Differences between strict and loyal regulators
Strict (MGA, UKGC, Isle of Man) - deep verification, regular audits, high safety standards.
Loyal (Curaçao, Panama) - faster and cheaper to obtain a license, but fewer control mechanisms.
5) The bottom line
When issuing an online casino license, the regulator checks the financial, technical and legal reliability of the operator, as well as its readiness to protect the interests of players. The stricter the check, the higher the chances of a safe game and fair conditions.
