There are many regulatory bodies, controlling various providers of iGaming products and services. Here, we have decided to review the Gibraltar Authority licensed Net Entertainment casinos online to determine their peculiar features.
Gibraltar Authority
The Gibraltar Regulatory Authority appeared on the scene in 2000. However, it started to register Internet betting houses only in 2006 – the year when gambling activities were added to its responsibilities. To claim its license, operators have to follow strict rules which are all about protecting clients, their money, and personal info.
All management staff of a separate establishment will have to undergo various checks, which require them to prove their identity and provide resumes and other documents. Moreover, they will have to meet all anti-money-washing and testing criteria to exclude any criminal activities.
Main License Types
The regulatory body grants a host of permits, which depend on the products that require them. Therefore, there are lottery promoters, betting intermediaries, bookmakers, gaming machines, and remote gambling licenses, to name but a few. The latter allows NetEnt casinos to provide their services elsewhere in Europe.
Casino Testing Bodies
As the owners of remote gambling permits in Gibraltar, staking rooms from the developer must ensure that their software meets particular standards. Therefore, the regulatory body has approved several independent organizations to survey their customers regularly. These are eleven representatives, including eCOGRA, TST, BMM Compliance, SIQ Ljubliana, Quintel M. Ltd, and others.
Customer Protection Issues
NetEnt online casinos registered in Gibraltar must require their clients to provide their basic personal data. These include their first and second names, date of birth, and residence address. Upon obtaining this info due to aroused discretion, the licensees get the right to treat their customers as registered players. Moreover, service providers must prevent minors and vulnerable people from Internet gambling by conducting age verification and identity checks.
Money Control
To prove that their members’ funds are protected properly, manufacturer’s studios must provide audited accounts to the Authority on a regular basis, maintain their financial statements in obedience to the standing law once in a while, and meet particular filing requirements. The Anti-Money Laundering Code of Practice obligates these service providers to prevent money-washing on their websites as well.
Where to find Net Entertainment Licensed Casinos?
Except for Gibraltar, any reliable and trusted NetEnt casino may be under the control of other territories as well. These are Malta, Alderney, the UK, Belgium, New Jersey, Romania, and Spain. Operators usually provide complete information on their licensors somewhere on their websites.
Before signing up at a particular house, you should check if it has a permit for running its business in your jurisdiction. For example, residents of Great Britain can play the games created by this developer only at those studios which obtained permits from the UK Gambling Commission.