Starting an online casino and getting all the paperwork in order is one of the most unique and creative processes in the business of gambling. Not all the countries in the world allow gambling. Those countries which do have worked out some pretty strict rules for the gaming operators to follow.
In the following article we will see some of the risks that you may face playing in a casino that do not have a proper licence. Let’s figure out what it means to own the licence from one or another jurisdiction and see some examples of how this works.
Why is it important to have a gambling regulation?
It’s always a big challenge for any country to work out the new set of rules for any new industry. Gambling has been around for centuries but online gaming is a rather new topic. For regulators it is a neverending journey to keep up with all the technological advancements and to figure out how to help protect the players betting for real money.
