Alternative Casino Licenses for UK Players on Gamstop
Gambling is popular all over the world. Some countries have outright banned it, others take advantage of the taxes it brings the economy. Gambling has been in our societies for centuries and laws will not stop the activity from taking place. Creating a licensing system within any given area is a smart approach.
A casino licence is a legal and financial document that gives a country power over a gambling brand. Any illegal action from a brand will result in them losing their licence.
The UKGC was introduced with the Gambling Act of 2005. It controls gambling activity in the UK and provides licences to any company that wants to open up in that country.
Gamstop is a self-exclusion program that became part of the UKGC laws. Since April 2020, all UK casinos and other gambling brands must be part. of Gamstop. Gamstop collects a player’s details and shares them across all gambling sites in the British. It creates a ban from accessing and creating new accounts for a fixed period of time.
For UK players, an offshore casino is known as a casino not on Gamstop. Some players will seek out non Gamstops for the right reasons. Welcome offers at these sites can produce thousands of pounds worth of extra bonus money. Software providers do not hold UK licences and they cannot provide their games in this area.
The small Caribbean island of Curaçao is home to many top gambling brands. The tax laws are attractive and the licence is recognised throughout the world.
Malta has a Gaming Authority to control its own gambling laws. Many countries use this licensing body as their own gold standard.
The MGA and Curaçao are good options for UK players. The Mga and UKGC work more closely to restrict UK Players from accessing overseas sites. Curraça takes a more lenient approach on this subject.