Tag Archive: gambling license

Though gambling is said to be as old as time itself, some countries have taken to it more than others. Much has to do with the economic well-being of the population. When a person has an excess of disposable income, they may feel more comfortable spending money at an online casino. Conversely, a person at the other end of the economic scale might see betting on casino games or sports as a way to improve their financial position, based on the fact that these games revolve around luck.

The idea behind cryptocurrencies sounds great on paper. After all, who doesn't want a decentralised monetary system? Online casinos were quick to jump on the crypto bandwagon. And though many reputable online casinos offer this as a payment option, there are many more offshore casinos using crypto as a means to hide less than honest activities. The very nature of anonymity that makes crypto so enticing can also be used as a means of scamming gamblers without consequence because no one knows you.

Probably because online gambling involves huge amounts of cash moving over the internet, it's no surprise that the genre is one of the most targeted by online scammers and hackers. They are on a constant lookout for any chinks in your mobile or PC's security armour which they can then exploit for their own gain. Nevertheless, there are a number of common sense measures you can utilise to ensure a safer time online. Make good use of these, as it's frustrating to watch your funds being drained.

Rather than playing at the online casinos in the hope of getting rich, you can actually own the casino. In which case, thanks to the house edge, you should be making good money. One means of achieving this is to be part of an online casino's white label casino program. The parent company will give you all the know-how and expert advice. You pay an initial start-up fee to get the ball rolling and then you give up a certain pre-agreed percentage of your profits every month or so. But it's work!

Whenever you have to give your personal or banking details online, you can always leave yourself open to trouble. The same is true with online gambling.