Every organization often has a general body with which they belong to. These bodies are often placed with the responsibility of guiding these organizations to keep them in order and prevent them from misbehaving. With online casinos and sportsbooks, they are called licensing authorities.
These licensing authorities are either for a country or global. Yes, you can ebay sports betting licensed in Denmark and also be a sports betting platform with a global sports betting license. How do these licenses work around the world? This article highlights them in detail.
Curacao
Curacao is a licensing authority that is owned by many sites around the world. They also offer different types of licenses.
Master License
Each person with a master license is in charge of overseeing, processing, and accepting license applications. They must also follow the rules. At the moment, there are four people with master licenses, and you probably wouldn’t try to get one of them. Master licenses can be used for five years at a time and let other organizations get sub-licenses.
Sub License
The person who has the Curacao sub-license can offer online gaming services from Curacao. These include, among other things, slots, casinos, poker, and live player games. The license is bought from someone who already has a master license. For those who want to open a casino in Curaçao, this is the license you need.
Kahnawake
Interactive Gaming License
This license is give to any casino approved by Kahnawake. There is always only one issued at any time. This has been held by the Mohawk Internet Technologies since 1999. This means you wouldn’t want to apply for this as it is currently with a party. What you can apply for are other options we would highlight here
Client Provider Authorization
This license is called the CPA, and is used for those bodies who want to provide online gambling from a hosting facility in Kahnawake. Anyone who holds this is called the Authorized Client Provider, which then has the power to issue numerous licenses to as many needs it. They get to issue any type of interactive gaming, including sports betting, casino, and poker.
Inter-Jurisdictional Authorization
This is another Kahnawake license that is given to a body with an iGaming license from another jurisdiction. This is one casinos apply for when they want to have some or all of its personnels and equipment within Kahnawake. This is often the compliance department.
Key Person License
This license is given to persons that have attained a level of operational or management functions in an entity. It is held by individuals and must remain confidential and restricted to the commission.
Isle of Man
Main OGRA License
This is a license that is available to whoever holds it for five years. The license gives whoever has it the right to sun a site from theIsle of Man. They also can inturn offer technology to sub-licenses under a reduced-fee sub-license scheme.
Sub-licenses under OGRA
This is issued where an entity wants exclusive jurisdiction to hold the license. This full license gives an online site the right to hold as many entities as they want and can also register its own players.
Network Services License
This is an important one for any site that wants to allow players that are registered with a non-Isle of Man operator to come into its server without registration. This license includes all the perks of the main server license ability to engage with players from other places.
Malta
Gaming Service License
This is the license from Malta that gives a site the right to offer any online gambling services to any customer. Games offered include poker, casino, slots, live dealer, and any other kind of game. This adopts the business-to-customer license model that covers for land-based casinos as well.
Final Thoughts
Yes, these might look complicated. However these are things you should know to better understand how online casinos and sportsbooks work. It’s always important to check their licenses to see if they are legit enough and you are safe when gambling on them.