Online casinos have gained momentum during the Corona pandemic, but even without the social restrictions it is clear that they are here to stay. As a result of this, Sweden introduced new rules in 2019 where those gaming companies that want to operate on Swedish soil need to obtain a Swedish gaming license. They follow several other european countries that have similar licenses in place to regulate the market. Licenses make the gambling experience more safe and reliable for both players and companies and in this text we’ll try to explain more about licenses and how they can affect you.
It can of course differ between different countries and licenses, but in general it can be said that a gambling license ensures that the casino meets the local requirements, that the business is supervised and approved by authorities and that there are clear policies in place for how the companies handle your personal and financial information. All licenses are of course designed to create security for players and many licenses today are considered good signs that the casino is a safe environment.
There are never any completely safe ways to make sure that a casino is serious and treats its customers properly. But there are some things you can look for that enhance the credibility of the casino.
1. Check if the casino has licenses in more than one country. If the online casino you are eager to play at holds a license in, for example, both Sweden and in Malta, the credibility of the casino is of course higher.
2. Having a license in a country with a regulated market is a good sign that the company behind the casino is reliable. Regulated markets mean, among other things, that the company behind the casino needs to have a base in that particular country in order to obtain a license. Examples of regulated markets are Italy, Spain, Denmark, Great Britain and Sweden.
3. There are also examples of unregulated markets that issue licenses. Malta is one such example and in practice this means that even players who are not based in Malta can play at casinos with a license from there. These can also be trustworthy licenses.
Summary
Playing at an online casino with a trustworthy license indicates good security for the players. Casinos licensed by a European issuer are generally considered safe choices. If the company behind your casino has a license from more than one issuer, the credibility of that company increases. However, it’s good practice to always check out the company carefully so that you are as confident as possible that they process and store your personal and financial data in a secure and reliable way.