In the highly regulated online gambling industry, licenses and certifications play a crucial role in ensuring the legality, safety, and fairness of online gambling operations.
Although these two terms are often used interchangeably, they serve different purposes and are issued by different authorities.
What is a License?
A license is a legal authorization granted by a regulatory authority to an online gambling operator, allowing it to conduct gambling activities within a specific jurisdiction.
For operators wishing to offer online casino games, sports betting, poker, or other gambling services, a license is a mandatory requirement. Licenses are issued by specific regional regulatory bodies such as the Malta Gaming Authority (MGA), the UK Gambling Commission (UKGC), or Curacao eGaming.
Example: Evolution Gaming
Evolution Gaming is a leading provider of live casino games, holding multiple licenses including those from MGA and UKGC.
Example: Playtech
Playtech is another significant player in the gambling industry, holding a license from the UKGC regulatory body.
What is Certification?
Certification is a document issued by independent testing or certification agencies to verify certain specific aspects of a gambling operation.
Unlike licenses, certifications are not a legal requirement, but they are crucial for proving fairness, security, and compliance with technical standards.
Example: Pragmatic Play
Pragmatic Play is known for its extensive portfolio of slot games and live casino products, holding RNG (Random Number Generator) certifications from eCOGRA and BMM Testlabs.
Example: PG Soft
PG Soft is a well-known company specializing in mobile slot game development, holding certifications from testing agencies like BMM Testlabs and GA.
In the online gambling industry, licenses and certifications are the cornerstone of establishing credibility and trust. A license is a legal necessity for conducting business, while certifications provide additional assurance of game quality and fairness.
By understanding the roles of licenses and certifications, operators can establish a solid foundation for success, and players can enjoy a safer, more transparent gambling experience.
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