Identifying Rogue Online Casinos
By: R. Kingsley, Monday August 25th 2008
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Just as in the real world there are organizations waiting to rip consumers off, so is the case with the virtual world. And the danger is greater in online gambling where casinos, known as rogue casinos, are ready to steal your money. Hence if you want to invest serious money over a long term on online gambling it is more than worth spending some hours or even some days in checking out the organization that will be having the custody of your money.
Fortunately rogue casinos are not that difficult to identify. There are a few simple pointers available. The first thing you should look for is the owner and the address. If the online casino does not name the company that owns it then end your search and look elsewhere. If the owner is mentioned then look for the following information. Is the owner a company listed on any stock exchange? Does the owner offer other online casinos as well? If the answer to both questions is a 'yes' it should increase your comfort level. It is also advisable to do an Internet search on the owner and see what comes through. Rogue casinos generally do not provide a complete postal address because without the address it can be next to impossible to initiate legal proceedings. Therefore if the complete postal address is not given forget that online casino. If the address is given check it out on the Internet or drop a registered letter.
Any online casino needs inputs from three service providers. These are the licensor, the software provider and the auditor of gaming operations. The reputation of these service providers enhances the reputation of the online casino. If any of these three are not named then you are probably looking at a rogue casino. If these service providers have a bad reputation then again the online casino is avoidable. The licensors have been empowered by the law of the land to regulate online gaming. Some of the reputed licensors are the gaming commissions located at Kahnawake, Malta, Gibraltar, Antigua and Curacao. Some that should be avoided are from Belize, Venezuela and St. Kitts. Likewise some of the reputed software providers are Microgaming, Playtech, Cryptologic, Rival and Real Time Gaming. COA, Casinova and Elke are some that should be avoided. Some online casinos indicate that the software they are using is proprietary. Whereas this does not necessarily indicate bogus software as an abundant precaution these online casinos may be avoided. The reputed auditors are eCOGRA and Technical Systems Testing. Most reputed online casinos publish monthly reports from the auditor on their web sites and time spent in checking out these reports is fruitful.
It cannot be overstressed that online casinos that pass the above-mentioned criteria are not always good places to gamble at. If they do meet the criteria then further investigation is warranted. However if they fail to meet the criteria there is a high chance that these could be rogue casinos.
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