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Question Talkin' about casino's licenses

Discussion in 'Online Casinos' started by Temperance Fox, Jun 20, 2013.

    Jun 20, 2013
  1. Temperance Fox

    Temperance Fox Experienced Member PABnononaccred

    Occupation:
    many
    Location:
    Nowhere
    We all know that when we join a casino we have to fill a form with our data and, in case of winnings, we have to produce some important docs.
    Well I was wondering: many times casino's sites report "Casino XX is owned by YY Company ect.Casino XX is a fully licensed casino operating under a license granted by the Government of KKKK".
    Many of them have a direct link to their license number and they have the logo too, into their main page.Others do declare their Company and say to operate under a license by the Government of ZZZ, but if you ask for the license's number it seems to be a secret.
    Is this a normal situation ? Is this info reserved? And why?
    Thanks
     
  2. Jun 20, 2013
  3. vinylweatherman

    vinylweatherman You type well loads CAG MM

    Occupation:
    STILL At Leisure
    Location:
    United Kingdom
    It shouldn't be secret, and if it is, the casino is trying to hide something.

    It's the "government of KKKK" bit that is important, as this tells you about the quality of regulation, which can be as low as none. Most licensing jurisdictions are merely "tax havens" for the profits, rather than good regulators. One way to check is to see whether a casino licensed by the government of KKKK is actually accepting players from KKKK. If not, it's merely a jurisdiction of convenience, a tax haven.

    There will soon be other ways to check. Casinos that have secondary licenses to operate in some EU countries are likely to be better behaved, as any poor conduct risks them losing these secondary licenses.

    Casinos "licensed" by the government of Costa Rica are likely to want to keep the number secret. This is because there is no such thing as a gaming license there, it's a "company license" granted to an offshore entity so that it can operate out of Costa Rica. There is no regulation other than making sure the payments to the Costa Rican government are made, and that local employees are not getting ripped off.
     
  4. Jun 20, 2013
  5. Temperance Fox

    Temperance Fox Experienced Member PABnononaccred

    Occupation:
    many
    Location:
    Nowhere
    It seems this matter is not so interesting.I'd like to know the opinion of others more "foxes" than I.

    Thanks
     
  6. Jun 21, 2013
  7. bigjohn

    bigjohn Meister Member MM PABnoaccred

    Occupation:
    Swimming Pool Serviceman
    Location:
    Northeast Coastal USA
    I would like to see the situation turned around a little, after all, it is our money the casinos are trying to get.

    It would be interesting if, upon joining a new casino, the player would submit a form to the casino that they would have to fill out and return to you stating the info you suggested concerning licensing plus some financial info like the Company's net worth, if and how often they have changed ownership and if they have any pending legal complaints against them.

    For me, the main reason I joined this site is because I feel Bryan and Co. have vetted all that info and I have decided to stick strictly to the casinos listed on the accredited list here.

    I have full faith in and support wholly the CM philosophy and that is all the info I really need.
     
    1 person likes this.
  8. Jun 21, 2013
  9. Temperance Fox

    Temperance Fox Experienced Member PABnononaccred

    Occupation:
    many
    Location:
    Nowhere
    Dear, I have your same faith in Cm.
    Nothing about the acredited list.But other casinos are many and Brian or Max can't do or know everything about .
    I think that if a casino lies about a license could lies also about other things interesting the players.
    My question was : is this number license important? why sometimes it's hidden?
    and thought that old members had some good answers.
    That's all
     
  10. Jun 21, 2013
  11. Temperance Fox

    Temperance Fox Experienced Member PABnononaccred

    Occupation:
    many
    Location:
    Nowhere
    I've only talked about simple infos :Company and license number should be written into their site, where player goes and can read within their T&C
    ie
    About us
    Established and operating since November 1997, Omni Casino® is owned by Peak Interactive N.V. a global leader in Online Entertainment committed to providing cutting edge online gaming in a safe and secure environment.
    Omni Casino® is a fully licensed casino operating under a license granted by the Government of Curacao. It employs software developed by PlayTech, the world's largest publicly traded online gaming software supplier.

    You must register/login in order to see the link.
     

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