Regulated Online Casinos

Taxing revenue and protecting gamblers can only be truly achieved by regulated online casinos. Regulated online casinos are those casinos that are actually backed by some government body or authority. While this may seem needlessly bureaucratic, an unregulated casino could cause too much damage to the player. Since a computer program can easily be written to steal from the player, it is necessary to have some authority figure backing the casinos. Since most online casinos are typically established in small nations, they are essentially businesses that are not part of the nation in which you live. Unfortunately, this has created a slight difficulty in figuring out who is regulating what, as well as where tax money should belong.

Taxing online gambling is one of the main reason the games are legalized in just about any jurisdiction. In order to oversee and collect these taxes, a regulatory body is typically established. The regulatory body will typically apply the rules and regulations to which the gaming centers must adhere. Licenses are handed out by these regulatory bodies, and thus make it legal for them to operate. Regulations protect the player above anything else, as well as give the jurisdiction allowing the casino to operate a cut of the revenue.

What qualifies as regulated online casinos varies primarily by nation. Some nations will allow offshore gambling sites, all the while refusing to actually establish a regulatory body within their own boundaries. Regulation is important for any nation that wants to generate tax revenue. Like land based casinos, a license to operate an online casino is required almost everywhere in the world.

USA Regulated Online Casinos

Regulated online casinos have not yet truly arrived in the United States. that said, there is no portion of the American government that oversees online gambling. The laws have not yet been adapted to control and establish a regulatory commission. As of now, online gambling sites are not entitled to be established within the American borders, but players in the United States can join and gamble through offshore online casinos. While these casinos have yet to contribute any tax dollars to the United States government, they do provide players with a safe casino gambling experience as provided by those bureaucracies existing in the foreign lands that actually host the gaming center.

Laws that would allow online gambling businesses to be established in the United States are being considered. Whether or not they will actually succeed is another question all together. The bill has passed through several committees, though Congress has yet to actually make a decision.

As you can see, regulation is vital in order to have successfully secure online casinos. The regulatory bodies overseeing the regulated online casinos are essentially insurance policies to prove that you will not be ripped off by an unscrupulous business owner. Consider this a safety net for your gambling.

Regulated Online Casinos FAQ

Where are most casinos regulated?
A great number of casinos are regulated in either the isle of Man, Cyprus, or Netherlands Antilles.

Why are regulated online casinos not in the United States?
There are many reasons the United States has not yet regulated, but the primary reason is concerns of money laundering related to organized crime and/or terrorism.

What is the age requirement on regulated online casinos?
Each jurisdiction has its own age requirement on online casinos. For the most part you will have to be 21.

What types of games can be found through the regulated online casinos?
Slots, video poker, blackjack, craps, table games, specialty games such as keno, and much more can all be found through the casinos that have regulation.

What if my casino is not regulated in my nation?
You will want to check with your local laws before you decide to gamble online if you are going to protect yourself.

Best Regulated Online Casinos

WinPalace Casino

WinPalace Casino is one of the best regulated online casinos. Regulated in the United Kingdom, this is one of the casinos that can be trusted every step of the way. WinPalace Casino has two bonuses which you would like to be aware of, including a free $10 no deposit bonus using the promotional code 10WIN, as well as a 400% match to $4,000 dollars using the bonus code 4000FREE. WinPalace Casino has over 80 games, offered by the RTG software. Visit WinPalace Casino

Cherry Red Casino

Cherry Red Casino is another of the RTG casinos. They are licensed in Nicosia, Cypress, and is a member of the European Union. Cherry Red Casino is one of the top gaming centers, offering their players over $5,000 in bonuses every week, as well as up to $7,777 in sign up bonuses. Cherry Red Casino gives their players the ability to deposit with VISA, MasterCard, UseMyWallet, and eWalletXpress. Cherry Red Casino has a reputation of being the best, due in part to being one of the best regulated online casinos. Visit Cherry Red

LasVegas USA Casino

Las Vegas USA Casino, regulated in Nicosia, Cyprus, is one of the legal online casinos. Open to players from anywhere in the world, Las Vegas USA Casino entitles their users to experience the best that online casino gambling has to offer. Their 125% match bonus is good for over $125 in free cash, and you can easily redeem this bonus without as much as a bonus code. Las Vegas USA Casino has over 80 different games, each of which can be played upon opening an account. Las Vegas USA Casino has more deposit methods than any other regulated online casinos, and is one of the best. Visit LasVegas USA Casino