Arbitration and Licensing
Would you like to take advantage of the unlimited possibilities of the internet to live out your joy of gambling, but have reservations about transferring your hard-earned money to a virtual casino? On top of that, most online gaming providers are headquartered in far away countries, tax havens or places with legal frameworks that are favorable for them. The long distances, unfamiliarity with the legal situation in these places and the lack of personal connection to the company discourage many potential customers. Most of you just don’t have enough information and that’s exactly what you’ll find on the following pages. Online gambling is in no way a secretive world of chaos full of dubious, shady intrigue. On the contrary, it’s monitored, supervised and regulated by so-called arbitration and licensing services. Take a few minutes to get acquainted with these control mechanisms that make sure everything in online gambling is done by the book. You can recognize whether or not a gaming company is a member of an independent arbitration and licensing service by the seal or logo of an arbitration service on the homepage of the casino, poker room or bookmaker.
If a company has such a seal of approval, you can register without concern and nothing will stand in the way of your gaming experience. Independent arbitration and licensing services only award gambling licenses to absolutely respectable providers that have been meticulously checked. Once a provider is in possession of such a license, they will continuously be inspected by the arbitration service. The software and its random number generator must work flawlessly, payouts have to take place within a certain timeframe, customer service must be professional, etc. If a company does not comply with the licensing service’s strict guidelines, it will be expelled and subsequently lose its status and clientele. As a customer, you also have the opportunity to contact an arbitration and licensing service in case a dispute with a gaming provider should arise. The arbitration service acts as an intermediary between customers and gambling providers and sees to it that fair and efficient solutions to problems are found.