New Online Casino Regs Have No Effect on Gaming Experience

05/05/2015
By Pamela PattersonGoogle
Licencing in the USA could cost an online casino in excess of $20 million; while in the UK the price to operate in the country, which has a 65 million population, could be as much as £20 million. Prior to this online casinos only needed a licence from a globally recognised online casino licence issuer and this was enough to offer real money gaming accounts to players around the world.

The first online casino software was around in 1994 and 20 years later the industry is bigger and better than anyone had first anticipated

Since 1994 online casinos have been able to pull in large revenues, which they invested back into a continuous effort to enhance their members’ game play and casino membership experiences. The money pumped back into new technology, some of the best programmers in the world and into multi-platform designs has created what we have today.

Today the online casino industry is better than ever before with better games, access to more devices and quick connection times

Licencing laws have had little effect on the way the online casinos deliver their games and casino bonus codes. These are two very important selling points for casinos. With the increased cost on having to buy multiple licences in several different countries, many would expect the quality or bonuses or something that offers added value to be reduced.

On the contrary, online casinos have been doing just fine even with the extra expense. For the bigger casinos the licencing is actually a huge help for three main reasons:

1.      Newer online casinos cannot afford the expensive licencing fees, so for the bigger casinos it acts as a huge barrier to new competitors entering the market
 
2.      Licencing eliminates the threat of smaller virtual casinos that cannot afford the licensing fees. They have to exit the local market marketplace thus providing bigger casinos with a larger market share to profit from
 
3.      Free publicity from media outlets reporting on the taxation of the online casino industry has made more people aware of the reach online gambling has
 
4.      People living in the locality trust the online casinos more because it regulated by a local authority rather than by an authority overseas

Absolutely no negative effects to the player/member experience have come from the added expense of having to buy new localized licences’

The result of licencing has actually been a positive one; at least for the bigger online casinos. They are still buying licenses and still offering the best online casino bonus codes, excellent customer services and the roll out of games onto multiple platforms that can run on Android, iOS, Windows 8.0 Mobile, Windows OS, Apple OS via laptops, desktops, tablets and desktop PCs.
 
 
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