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All about online casinos

Wednesday December 08, 2021 01:00 AM To Wednesday June 15, 2022 01:00 AM

New York, US

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Free

- Jun, 15 2022 12:00:00 AM
C $100.00 C $0.99
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Event Details

Safe casinos are the most demanded. The internet casino market has been adequately regulated since 2012, the year of entry into force of the Law on Gambling Regulation approved in 2011. Since then, a public entity has been entrusted with the functions of supervision, control, and sanction of gambling activities at the national level: the General Directorate for the Regulation of Gambling.

The DGOJ (for its acronym), which depends on the Ministry of Finance, is also in charge of issuing activity licenses to those companies that wish to offer online gambling and betting. There are currently 80 online gambling operators operating in the country with the corresponding license, and 42 of them offer casino games - a higher number than those that offer sports betting, bingo and poker on the internet.

But what characterizes legal online casinos in Spain? In order to operate with all of the law, casinos must comply with a series of requirements, which we will explain below.

Have a secure website

The casino website must be 100% secure and encrypted to ensure that user data is not compromised, and thus protect against possible security threats. You can visit the website that provides Augustus slot game to look at the example of the safest online casino website. Furthermore, all licensed online casinos must comply with the protection law.

If the web is secure, it will have a security certificate that certifies it: a logo with a padlock in the browser's address bar will be the proof of it. All legal online casinos have this certificate, and all offer their products through an internet extension “.com” - in fact, those who use a different one should be avoided, as they operate outside the law and escape to control.

 

Prohibition of playing with minors

As with face-to-face gambling at betting shops, those under 18 are restricted from playing in online casinos.

Therefore, those who are licensed take measures to prevent this situation by always requesting the identity document at the time that the customer is registered, and checking it before the player can withdraw funds from his account on the casino website.

Reliable and secure payment methods

Online casinos make various payment methods available to their customers, and those that are legal offer those that have greater security guarantees. Fortunately, today you can find numerous reliable and 100% secure payment methods on most casino websites; such as Visa or Mastercard cards, bank transfers, prepaid cards, or payment systems like Paypal.

 If you play on a casino website that accepts Paypal, you can almost always use it both to deposit funds and to withdraw them. In addition, the casinos with Paypal that operate licensed in the country have a great advantage: you do not have to provide your personal or bank details, but just associate your account in the online casino to your Paypal account and log in and start playing.

Random number generator

Since the games in online casinos must be random, the companies that offer them have the obligation to have some system that ensures that the results in each game are random. For this, a random number generator software is used(or RNG, for its acronym in English) to guarantee precisely that ... that such results cannot be manipulated even from outside nor within the online casino.

Additionally, the companies that run casino websites have to publish, for each game on offer, the rate of return to the player or RTP; which is the percentage that the casino keeps from the bets made by the player. Although it is calculated in the long term considering thousands of games and can be reduced by the skill of the player, it must be stipulated so that he knows the probability that he has of recover the money played.

Full transparency

Internet casinos operating legally in Spain are subject to constant supervision and controls from time to time for part of the aforementioned General directorate. Likewise, they must carry out external audits that reflect the financial and accounting situation.

With these premises, together with those previously mentioned, it is guaranteed that the casinos comply with the established regulations for online betting companies by the law of May 2011, which is still in force today.


 

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New York, NY
UNITED STATES
10025
Start Date: 2021-12-08 01:00:00
End Date: 2022-06-15 01:00:00