A license for an online casino is in fact a main permission to operate in this or that country. Moreover, the name of a licensing company may be a good indicator of honesty and security of a gambling site, that’s why operators seek for reputable companies, the number of which is not so big. Major part of such bodies is situated outside the North America, and the only reputable company there is Kahnawake online casino jurisdiction, which I am going to speak about in this article.
Before you start the playing of games at situs judi slot platform, a look at the legal status is essential. It will protect the gamblers from the scams and frauds on the slots. You can get complete information about it so that there is no risk to the private information of the players.
Kahnawake Gaming Commission was established in 1996, right after the invention of the first online casino. Since that time it has earned the reputation of a good and widely trusted jurisdiction body with over a hundred of licensees. It is situated at Mohawk territory of Kahnawake, which is an Indian settlement in Canada not far from Montreal. Being established in North America, Kahnawake Gaming Commission has some advantages connected with its location. First of all, it will never be exposed to hurricanes and floods, so that online casino operators may not worry about such disturbances. And second, thanks to the location in Canada, it may make incredible offers such as virtual unrestricted bandwidth
This online casino jurisdiction body is highly reputable in all countries, and many people prefer to gamble exactly at the sites with Kahnawake license. To obtain a license there, applicants should first of all pay an initial fee of $15.000. After they get the permission, an annual charge will be $10.000. But the process is not so easy as it may seem at the beginning. Kahnawake Gaming Commission, which consists of three members elected by the Mohawk Council of Kahnawake, has a three-staged process of examination.
The first stage is called the background of a license and it means that an applicant should have good bank references and meet all preliminary requirements. At the second stage the fairness of software is checked. A real payout percent should be equal to the stated one. It is an important moment, which guarantees players an honesty of gambling. The third stage checks the ability of gambling sites to pay wins to players. I suppose that it is quite clear and don’t demand for further explanation. Moreover, to prove the fairness of the whole process, the software is also checked by an independent auditory company, what gives additional guarantee to gamblers. So after an online casino passes through all three stages, it gets a license and may operate at the territory of different countries.
The only confusing moment about Kahnawake Gaming Commission is the disputes between the residents of this territory and the Canadian government. According to the existing legislation, online gambling is illegal in this country, but its territory has some rights to set its own laws. That’s why local tribes try to make playing casino games legal, but they achieved no results. So licensees shouldn’t worry, as the status of the Kahnawake Gaming Commission won’t change.