Commission's Integrity
The integrity of the online casino gambling industry really rests within the
integrity of the licensing jurisdictions as much as the regulatory restrictions
and constraints placed by the various countries. The licensing jurisdictions
play a key and integral part in the process of controlling and safe guarding the
industry; and to that end, not all licensing jurisdictions are created equally.
The online casinos have a fair amount of choice when it comes to picking a place
to base their company and obtain a gambling license; choosing that place though
depends a lot on the company’s intentions as well as it’s ability to live up to
very tight gambling regulations and restrictions.
Some of the best jurisdictions in the world include Malta, Isle of Man, and
Gibraltar. These three online casino licensing jurisdictions are considered
tight, tough, and fair. They have very progressive and modern regulatory
standards in place and they have the processes in place to thoroughly monitor
the gaming sites they license. Other jurisdictions that have been tested over
the past several years include Antigua and the Kahnawake Gaming Commission. Very
recently, Antigua’s standards and licensing authority were tested by the United
Kingdom’s Gaming Commission to ensure that the small island nation was in fact
using all of the highest standards and processes to safeguard the online
casinos.
The Kahnawake Gaming Commission in Canada is a whole other story though; the
international online casino gambling industry approaches this licensing
jurisdiction with trepidation primarily because of the two record-breaking
cheating scandals that rocked the industry several years ago. These cheating
scandals called into question the Commission’s standards and licensing practices
and although the Commission is accepted as a licensing jurisdiction, there is
still a level of hesitancy from foreign nations and companies. |