What is an Offshore Online Casino?
The term “offshore” is seen many times in the online casino industry. Though players may come across this term frequently, it isn’t always clear what the word means. With a little background on these gaming sites, the player can gain a better understanding of offshore online casinos. In fact, the online casino format from an offshore operator may just provide the best experience available for the player.
The Offshore Online Casino Advantage
An offshore online casino is any site that offers online slots, table games, and other entertainment without operating under a local region’s laws. At first, this definition might sound a little disconcerting to some players. Nobody in their right mind would want to spend real money bets at an online casino that isn’t kept in check. However, offshore online casinos with solid reputations actually offer a safe platform.
Casinos online that are based offshore still have to abide by certain regulations. These sites are actually under the supervision of some of the most prominent regulatory agencies in the industry. They must adhere to rules just like any trusted land-based casino or sportsbook that is locally available. The best online casinos that operate offshore gain recognition through offering games from the leading software developers.
In addition, these casinos have options for computer and mobile devices, as well as trusted methods for making a deposit or withdrawal. Offshore online casinos offer everything players need, including customer service that typically runs around the clock and responsible gambling resources.
Online Casinos and the Law
A big reason that offshore online casinos are so popular is many countries ban the local operation of such sites. If the players live in a country where domestic casinos online are not allowed, then offshore gaming sites may be the only option available. Many regions do not permit local online casinos, but players have no restrictions in terms of accessing an offshore site. However, the laws are different for every country and players are advised to check out more detailed casino reviews to see if these sites are actually an option.
Looking for the proper credentials is important when choosing an online casino that is offshore. In order to operate, the most trusted online casinos have to follow regulations. Each casino must keep its license current in the region out of which it operates. The sites also have to encrypt player information with SSL software. Minimum SSL requirements are 128-bit, but a lot of online casinos now use financial institution grade 256-bit software.
Casinos must have their gaming selection audited, which allows them to carry the eCOGRA seal or other indicators of fairness. Regulatory agencies require online casinos to work with organizations like Gamcare and GambleAware to protect the player from excessive gambling.
Although numerous regions have regulatory agencies, players are most likely familiar with the ones that make the news for cracking down on gaming sites. Any online casino operating in the United Kingdom must hold a license from the UK Gambling Commission. Privatized online casinos in Canada can offer games to local players if they are regulated by the Kahnawake Gaming Commission.