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Online Casino Red Flags- 5 Signs it’s a Scam

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After spending your day at the office, listening to your boss, and dealing with the stress of work, driving to a casino is not worth it. Playing colorful slot machines and having a few drinks with your friends at a local casino seems like fun, but now you can do it all at your home. Did you notice the recent transition of conventional businesses to online and digital platforms? What about casinos? Have you tried online casinos?

Fortunately, the online casino industry has become one of the most promising ones in the entertainment realm. Gamblers are now looking forward to online casinos instead of land-based casinos. The rise of online gambling is supported by many factors like convenience, ease, and affordability of entertainment opportunities. In this guide, we will talk about online casino red flags. If you see any of these signs, you need to steer clear of such casinos.

Are Online Casinos Safe?

Yes, online gambling is a well-structured entertainment industry, and different legit authorities oversee the performance and services of online casinos. Before operating in any region, online casino companies have to get valid licenses from prestigious regulatory and licensing authorities. Here are some international gambling licensing authorities:

  • UK Gambling Commission (UKGC)
  • Malta Gaming Authority (MGA)
  • Alderney Gambling Control Commission (AGCC)
  • Gibraltar Regulatory Authority (GRA)
  • Isle of Man Gambling Supervision Commission
  • Curacao eGaming
  • Kahnawake Gaming Commission
  • New Jersey Division of Gaming Enforcement

An online casino is safe and secure for all types of financial transactions if it has a valid license from any of these licensing authorities. There are many other popular international and local licensing authorities that can issue licenses to online casinos. Software providers are also verified to supply games and software for online casinos. If an online casino is offering bonus bez depozytu (no-deposit bonus),  licensing authorities will ensure that users are delivered what they are promised by the casino company. Here are some signs that might indicate that online casinos are not safe and are probably being operated by a rogue company.

No License

The very first and most important red flag is the display of licensing information on the home page. All licensed casinos are required to display their registration details at the bottom of the home page. This section will include some basic details about the casino and the operating company. Here are some important details that you need to check before making any deposit:

  • Name of the owner
  • Company registration number
  • Company’s physical address
  • Casino licensing authority
  • License number
  • Registration number
  • Year of registration

A licensed casino is legally bound to obey the laws and regulations to entertain its customers. If anything goes wrong, consumer protection laws will entertain the customers. When these details are not available, you are not sure if the casino is transparent or not. Instead of risking your data and bank details, you should choose licensed casinos only.

All Games are new and from unknown Developers

Having new and fresh games is a good thing for an online casino. All popular casinos try to update their game libraries regularly. New games can help them to attract more players who like the variety of games. But if all games are from unknown and shady developers, you need to hold your horses. It is possible that you may not be aware of a couple of games, but if you don’t see even a few popular games from known developers, there is something wrong.

A lobby of fully new and unknown games is not going to be fun. Either they have no known software providers onboard or top web development companies for casinos are not selling them their products. In both cases, such a platform is not the best option for online gambling.

Bonuses and Offers are too generous

All online casinos have a bonus section to attract new players. Every business tries to lure new customers by offering them additional perks and rewards. The same goes for online casinos, as players need to minimize risk levels to enjoy prolonged gameplay. Welcome bonuses, no deposit bonuses, free spins, and many other similar bonuses are available at online casinos.

All bonuses come with certain terms and conditions. If there is no condition to claim a bonus and everything seems to be unrealistically good, you are probably making the wrong choice. An online casino bonus is a marketing technique where the company also benefits from the bonus. If you think that bonuses are too generous without any catch, that’s fishy.

Money Withdrawal is not smooth

Rogue casinos will try to offer a wide range of options for deposits. It will take you just a moment to make the deposit. Once you have deposited the money, they will not approve your withdrawal request. Usually, they will make different objections to reject your request or will try to charge ridiculously higher withdrawal fees.

It is possible that a rogue casino may not pay you anything at all, even after winning the games. As this casino is not registered or licensed, you can do nothing and cannot get any legal assistance.

The majority of Reviews are bad

There are casino experts like Emiliana Rostowicz who like to share their expert opinions and insights about online casinos. It is highly recommended that you go through some reviews by experts to understand the pros and cons of the casino.

There are different online customer review sites where you can search the reputation of the online casino. If most reviews are bad and negative, you have no reason to choose such a platform over hundreds of other popular sites with good reputations.

Conclusion

The popularity of online casinos has attracted many rogue casino companies and fraudulent platforms, too. New users need to beware of these scam casinos because a little mistake can land you an unregistered platform that might pay you nothing. A valid license means that all types of games are fair without any manual manipulation of the outcomes.

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Win tickets to the BLAST Premier Fall Final: GG.BET is running a MEGA BLAST Competition for fans of СS2

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From 26 July, all GG.BET users can get involved in the new MEGA BLAST Competition with a €10,000 prize fund. The winner will receive two tickets to the BLAST Premier Fall Final CS2 tournament, taking place from 27-29 September in Copenhagen. To enter, you need to place bets on Counter-Strike 2 matches.

BLAST Premier Fall is a major series of Counter-Strike 2 tournaments which draws in millions of viewers from all over the world every year. The series consists of three stages: Groups, Showdown, and Finals. The Groups stage sees 16 Tier-1 teams duke it out. Only 6 of these can go on to compete in the final, while the rest will battle it out in the Fall Showdown for two additional spots in the final. BLAST Premier Fall Finals will be the concluding stage of the Fall series, and fans can look forward to electrifying action, heart-stopping twists and turns, and an epic $425,000 prize fund.

From 26 July to 4 August, as the Groups stage rages on, GG.BET will be holding its MEGA BLAST Competition. The winner will get their hands on two tickets to attend every day of the BLAST Premier Fall Finals. As well as these tickets, the bookmaker is also giving away a whopping €10,000 prize fund to the top 40 participants in the MEGA BLAST Competition.

How to take part in the MEGA BLAST Competition:

  1. Register an account with GG.BET or log in to an existing account.
  2. Go to the tournament page and press “Participate”.
  3. Place bets on Counter-Strike 2 matches. Every bet you place will earn you a certain number of points, based on the odds.
  4. Rack up points, keep an eye on the leaderboard, and wait for your winnings to roll in.

Bet on your favorites and get ready for some unforgettable fun! Head over to GG.BET right now so you don’t miss your chance to enjoy a festival of Counter-Strike action in Copenhagen.

 

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MANCHESTER CITY TO MARK GLOBAL PARTNERSHIP WITH SUPER GROUP-OWNED BETWAY AT THE NEW YORK STOCK EXCHANGE

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Manchester City has today announced a new multi-year partnership with leading global online betting and gaming brand, Betway.

As part of the club’s pre-season tour of the United States, and to mark this significant deal, leading figures from Manchester City and Super Group will be on-site for the iconic NYSE bell-ringing ceremony later today. Ferran Soriano, CEO of City Football Group, along with Neal Menashe, Super Group CEO, will ring The Opening Bell at 9:30am EDT.

The agreement will see Betway become the club’s Official Global Betting Partner from the start of the 2024/25 season, as Manchester City joins the brand’s extensive sports sponsorship portfolio which includes teams from across the Premier League, La Liga, NBA and more.

Ferran Soriano, City Football Group CEO, said: “We are pleased to announce Betway as our Official Global Betting Partner today. As a globally recognised brand, Betway has a strong pedigree and history of working with high-profile brands within the sports space and we’re excited to work together throughout the partnership.”

Super Group CEO, Neal Menashe, commented: “We are absolutely delighted to become Manchester City’s Official Global Betting Partner. This agreement cements our place in the top tier of Premier League partners, ensuring that our Betway brand reaches fans in all corners of the globe.”

Throughout the duration of the partnership, Manchester City and Betway will collaborate on a number of activations and exclusive content opportunities, in addition to the brand featuring across digital and in-stadia assets.

Manchester City and Betway will also work together to provide all players, coaches, management and staff in-depth, industry leading training on all relevant codes of conduct relating to betting integrity and responsible gambling. This is in addition to the work Manchester City already does to support players and staff in this area.

The Opening Bell ceremony can be viewed live.

 

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Compliance Updates

Acquiring a Curacao Online Gaming License in 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed

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The “Acquiring a Curacao Online Gaming License, 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed” report has been added to ResearchAndMarkets.com’s offering.

This report includes valuable insights into the financial and procedural aspects, including detailed information on costs and timelines associated with acquiring a Curacao license.

In 2023, Curacao introduced the “Landsverordening op de kansspelen” (Ordinance on Games of Chance) to modernize and regulate gambling legislation. Since March 2020, the Gambling Control Board (GCB) has been authorized to regulate offshore gambling games and oversee the issuance of Curacao licenses. As of 2023, there are 16 companies providing legal services for registration and licensing in the territory of Curacao. The license fee, as per GCB regulations, is 36,000 ANG or 19,800 USD, payable upon license issuance.

Research Timeline and Data Relevance

The research was conducted in two stages. The first stage, studying the regulator and Open Data Search, took place in December 2023. The second stage, writing the report and partially updating the data from the first stage, took place from the end of April to the end of May 2024.

Goals and Objectives

  • Describe the information about the Curacao license and the issuing regulator.
  • Describe the requirements and conditions for obtaining a Curacao license.
  • Describe the costs and timelines for obtaining a Curacao license.
  • Briefly study the market, find and suggest the following lists:
    • Legal companies offering services for company registration and obtaining a Curacao license;
    • Communication agents and integrators working with the Curacao license;
    • Suppliers and vendors working with the Curacao license;
    • Payment systems working with the Curacao license.

Key Topics Covered:

1. Goals and Objectives

2. Research Timeline and Data Relevance

  • Document Markup
  • Raw and Combined Data
  • Terms & Glossary

3. General Information

  • The Regulator
    • Registration of Operators With Sublicense
    • Application for an Online Gaming License

4. Requirements and Conditions for Obtaining a License

License Conditions

  • General Prohibitions
  • Safe and Secure Environment
  • Equipment and Application Software
  • Player Registration
  • Payment Transactions
  • Games
  • Terms of Use
  • Resolution of Complaints
  • Administrative Responsibilities
  • Publicly Available Information
  • Reports
  • Policies and Procedures
  • Suspension and Revocation of License
  • Additional Conditions
  • Supervision

Recommendations or Minimum Requirements for the Business Plan

5. The Cost of the License

6. Decision Term and the Validity of the License

7. Application Method and Forms

8. Contact Information

9. Companies for Registration and Licensing

10. Integration Companies

11. Suppliers and Vendors

12. Payment Systems

13. META

14. Appendix: Terms & Glossary

For more information about this report visit researchandmarkets.com/r/izeo6g

 

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