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Types of Licenses for Online Casinos & Top Licensed Casinos NZ

To legally operate in the industry of online gambling related to online casinos, lotto, poker, bingo, and sports betting it is mandatory to obtain a license. If a casino does not provide a license, we do not recommend you to take part in it, since the operator cannot ensure the safety and do some operations. For example, it’s not possible to open a bank account and use pokies and table games by popular software providers. Since casino operators need to make an agreement using software, however, without a license it’s not possible. In addition, casinos with a license often get a lighter tax regime and other benefits.

Top Licensed Online Casinos

Jackpot City

NZ$1600

Welcome Bonus


Spin

NZ$1000

Welcome Bonus


Platinum Play

NZ$ 800

Welcome Bonus


Cosmo

No

Welcome Bonus

Royal Vegas

NZ$1200

Welcome Bonus

Types of licenses for online casinos

If you need more licensed casinos check out the Top 10 online casino

However, it does not mean that casinos with licenses are available in all countries. Many countries prohibit any type of online gambling activity, including casinos with reliable licenses. In addition, local legal regulations change regularly and if today online casinos are legal, tomorrow they are all banned in the country. For example, in 2017, Australia was considered the most gambling country in the world. They were spending over $8 Billion dollars each year playing online casinos. However, in the same year, Australia has introduced Amended Interactive Gambling Law, which prohibits foreign online casinos without an Australian license. It has led to a massive loss of foreign gambling operators in Australia.

Licenses in online casinos increase the confidence of players, removing fears about fake casinos with customized Random Number Generators, and RTP rates of slots. This is due to the audit independent organizations that check the fairness of random operations and issue certificates of conformity. It’s necessary to check for such certificates in the site’s footer. As experienced gamblers, if we see a new casino, we always scroll down to the page to see which licenses and certificates the casino has. And then open the official site of the regulator and find out if there is our casino on the list.

Most reliable online casino regulators

Many online casino owners carefully choose between reliable jurisdictions. It should be reputable and valid in many countries. The list of them is not large, however, most well-known online casinos in the world have licenses of one or several of these jurisdictions.

Curacao

This small island in the Caribbean has many advantages. For example, it has zero percent on casino profits, low-cost service, and fast registration. Casino owners are required to put their own server on the territory of Curacao. Generally, the online gambling industry forms a huge share of Curacao’s economy. That’s why they provide an attractive tax system for casinos.

Kahnawake

There are thousands of players in Canada who love gambling. It’s due to the loyal attitude towards gambling at the legislative level. The Kahnawake Gaming Commission was established in 1996, with one of the functions to issue licenses for online casinos. Kahnawake license takes a service charge of $65,000 to get the license for the first time, including a $40,000 fee in the first year, a $15,000 technical review cost, and a $10,000 fee to renew the license annually.

Malta

Malta Gambling Authority issues 2 types of licenses (B2B and B2C) for a period of five years. This is one of the most difficult licenses to get. Online casinos with Maltese licenses have a solid reputation of a reliable operators. They are on the “white list” of the UK Gambling Regulator, which makes it possible to provide service to British players. MGA supports the Responsible Gaming Authority, which ensures players’ data protection.

The licensing procedure takes place in several stages. First, the MGA considers the application for a few weeks and then issues a temporary license for 6 months. After that, they check the casino’s operations and make the analysis. Based on the results, it decides whether to issue the license or not. If everything is good, they issue the license for a period of 5 years. The tax rates depend on the casino’s income. On average, it ranges between 0.55% to 1.25%.

Gibraltar

To receive a gambling license from Gibraltar, the casino’s owner should provide proof of the financial stability of the company or a business plan. Also, casinos which want to get the Gibraltar license must be ready to conduct transactions such as payout of winnings through the Gibraltar banks. The license fee is %1 of casino profit, but not less than $85,000 per year.

Conclusion

Licensing is one of the most important legal aspects of operating an online casino. It attracts players with full transparency, security of financial transactions, and the overall fairness of casino operations. It makes players loyal to your place. Therefore, the player will be sure in every spin, every deal of cards behind the poker table, and a fair random number generator. We should tell that all casinos under these jurisdictions are legal for New Zealand players. Moreover, players can always make a complaint about the casino to the regulator. In such a scenario, the casino may lose the license, and earn a bad reputation among gambling lovers. So, with a license, there is no place for fraud and customizations of gaming software.

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FAQ

The reason why everyone wants to beat, cheat or win at online casinos is money. This is so greedy that we even forget about simple joy and fun. Of course, it’s a lot more cheerful to enjoy games when you’re winning than losing. But the gambling sites tend to bring rather failure. Still the question is open: how to beat the casino games in a legal manner. Well, if you are so obsessed with it, let me clarify some ideas for you.

Use strategies

The only legal way to win at casinos is using strategies. However, you should understand that strategies don’t give you a 100% assurance of winning. Using strategies you may with equal success lose money. There are different strategies found on the net, but the fact is that they can only work in individual cases. So, you’ll have to make them up by yourself. I’m just going to tell you about the most common working tips that you can use to create your own beating strategy for each particular game.

Learn the rules

First of all, know the rules of the game. Either you’re playing blackjack or slot, no matter. Start with checking the rules. Although they are quite typical, still each game is different and requires attention to the rules. Especially, if we’re speaking about card games. You have to understand what the ‘insurance’ or ‘3:2’ mean. Figure it out by yourself and build up your own winning strategy at each unique game.

Play for free first

Testing games before you play for money will also boost your strategy process. Don’t ignore the free mode. Practising for free will save your money and clarify some points at game rules which you don’t really understand. However, remember that strategy used in free mode games might not work with the real money mode.

Whether you are a high roller or have just a couple of bucks in pocket, place small bets at the beginning. The first rounds tend to be losing as you have to warm up your nerves. So, it’s never advisable to begin with high stakes. Calm down your feelings and save the budget. You can raise the bets after you make 10-20 spins.

Bovada casino is produced by the owner of Bodog casino, a very large brand in gambling sphere. This fact doesn’t guarantee the safety of its activities. Furthermore, the casino doesn’t have a valid license, issued by the gambling authority. Knowing that the casino cannot guarantee safe and fair intentions. All in all, we do not recommend you to play Bovada, unless it gets a license by a reliable gambling commission.

On the other hand, we haven’t seen any fraud manipulations from the casinos operators. As a result, the players reviews, mostly give the positive feedback. In our articles we advise to play only certified and licensed casinos, therefore, playing Bovada for real money you will take a huge risk. In order not to risk that much, we suggest reading our top casinos review by experts and choose a new platform from the list. We can guarantee, you will definitely find something attractive.

Why people choose slots?

Slot machines are the most attractive for players online casino games. It’s obviously clear why people choose slots. They are easy to play. You don’t even need to think much. Just bet and spin. Slots also have an impact on visual perception. Everyone likes to look at something bright, shiny, and especially, with a story behind.

Why people don’t play slots ?

This all is good, but no one sees that slots are the least profitable. Their theoretical return to player slightly exceeds 97%. In fact, the average percentage of slots RTP is 94%. Can you imagine? The 6% of your money goes to the online casino. So, basically you don’t even get paid more than you have deposited.

Hence it gets almost impossible to win on slots. Better to say, you can win but it’s difficult to keep the winning result. Though there are several ways to move closer the chance of leaving the game with a satisfactory feeling.

How to win slots?

  • Choose the right slot. Saying the word ‘right’ I mean the high RTP. Remember that for beneficial results the slot’s RTP must be over 95%. If it’s lower, it’s not even worth trying. Before starting to play, check the game rules. There you’ll find the percentage.
  • Start on minimum. Don’t bet much from the very beginning. Most probably your first rounds will be failing. So, it makes no sense. Wait until you make about 10 spins and only then raise the bet. But also gradually.
  • Play with bets. Concerning the fact that casino games are spun by random number generators, you can equally randomly change bets. However, don’t practise it excessively. When you feel like winning, raise the bet to get the higher pay. Then again if you have constant failing results, lower it on minimum.
  • Stop on time. The best thing that you can do for your winnings is to quit the game. As soon as you win higher than your initial balance, quit it. Don’t make another spin thinking “the next gonna hit higher!”. It won’t. RNGs are meant to decrease your budget after a successful big win.

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