The gambling industry is just the same as any other industrial field. Online casinos refer to the online gambling industry, to be more exact. Anyway, this occupation takes its position in the world economy. The online gambling business prospers making new sites appear on the market.
And like any other business, online casinos must be regulated by special laws and authorities in the field. The laws of your country state whether gambling is permitted or not. The specific bodies related to gambling act according to the laws of their countries and have a right to issue official licenses for online casinos.
The most known regulating authorities are Malta Gaming Authority, UK Gambling Commission, Gibraltar, Curacao and others. Under their jurisdictions the online casinos are obliged to follow the terms. If some rule was violated by the casino site, including mistreatments of users, the licensee imposes fines and even some restrictions up to casino closure.
There is also a different type of regulating bodies. They issue certificates to prove the games provided by the casino are fair. The popular authorities are the eCommerce Online Gaming Regulation and Assurance or just eCOGRA. Them and Independent Auditors carry on constant tests on all the casino games. The whole variety of the online games are tested for randomness and fairness. As for the random games, they are powered by RNG mechanism.
This is what you should know about casino regulation. Besides, as these bodies operate the work of legit casino sites, you should primarily test a selected gambling site accordingly. Check if gambling is legal in your country, if the casino has a license and certificates. Every respected online casino must provide this information to the public’s view.