Many players tend to confuse a legalised online casino with a regulated one. Even though both terms can provide slight insight for a safe and secure online gambling experience, the two are not the same.
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Being legalised to operate can go as far as being a registered entity offering services in online gambling. However, when it comes to being regulated, the experience is a step ahead of just being a registered entity.
Being a regulated online casino means that the site is under authorised bodies to ensure that fair play for all casino patrons is fulfilled. Here, privacy policies become the primary objective of the site to prevent cases of money laundering, embezzlement, cheating, or any other unsavoury activities that could harm the experience of the player in any way.
An online casino will need to register under a gambling regulatory body to get regulated. These come in various jurisdictions that perform tasks relating to licensing and regulating casino operations looking to become regulated and legalised to operate.
As you become more and more familiar and knowledgeable about gambling markets, you’ll begin to learn that not all countries will have regulated gambling markets. So, therefore, it’s essential to know which gambling markets are regulated so you can have the best experience possible.
With gambling markets within European countries, gambling regulation is deeply characterized by various regulatory frameworks. Within the several judgements of Europe, the CJEU (Court of Justice of the European Union) has played a significant role in offering a verdict on the compliance of how the regulatory framework will work within the EU laws.
EU Regulated Gambling Markets
We start with Alderney and Austria. Alderney’s regulatory body is the Alderney Gambling Control Commission, while the one in Austria is the Ministry of Finance.
Belgium is the next country to have a regulated gambling market. This is done through two bodies, namely, the Gaming Commission as well as the Metrology Division within the sector of the Ministry of Economics.
Bulgaria’s regulated market is facilitated through the State Commission of Gambling.
Croatia and the Czech Republic are also EU countries with regulated gambling markets. Croatia has the Tax Administration, Ministry of Finance, while the regulatory body belonging to the Czech Republic is the Gambling and Lottery Supervision Department Ministry of the Czech Republic.
Denmark is a popular EU gambling market. Thankfully, it also has a regulated gambling market under the Danish Gambling Authority.
With Estonia, regulations can be made either through the Tax and Customs Board or through the Ministry of Finance.
Finland and France have the Ministry of the Interior, and ARJEL, respectively. And then you have Germany, Gibraltar, Great Britain, and Greece, having regulated markets under the Gambling Supervision Authority, Gibraltar Regulatory Authority, Gambling Commission, and Hellenic Gaming Commission, respectively.
Hungary is the next regulated gambling market with a body under the Tax and Financial Control Administration. Ireland has one under the Department of Justice, while Isle of Man’s is the Gambling Supervision Commission.
Italy, Jersey, Latvia, and Lithuania have regulated gambling markets under the Autonomous Administration of State Monopolies, Jersey Gambling Commission, Lotteries and Gambling Supervisory Inspection, and Gaming Control Authority under the Ministry of Finance of the Republic of Lithuania, respectively.
Malta is a very popular and highly reputable regulated gambling market under Malta Gaming Authority. This is quite prevalent with many UK online casino sites.
The Netherlands has two regulated gambling markets, the Gaming Control Board and the Ministry of Justice. Norway also has two, namely the Gaming and Foundation Authority, and the Ministry of Culture and Church Affairs.
Poland, Portugal, Spain, and Sweden have regulated gambling markets under the Ministry of Finance, Inspectorate General on Gaming, National Gaming Commission, and Swedish Gambling Authority.
Lastly, Switzerland has three regulated gambling markets: the Federal Office of Justice, the Federal Gaming Board, and the Swiss Lottery and Betting Board.
In Conclusion
It’s always best to search for gambling platforms under regulated gambling markets. Your experience as a player is secured, and you can rest assured in knowing that you’re always protected and gambling under an online casino that’s monitored under strict laws and rules.
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