The glitz and glamour of gambling has captured the imaginations of people from high stakes bets made on TV shows to the high-rollers laying down thousands shown in movies. The build up of anticipation from the roll of the dice to the next deck of cards laying out, the excitement of people is real. People experience an adrenaline rush when the odds go in their favor and loss when they find out the house came out on top.
Top NZ-Casinos with Malta Gaming Authority License!
Whether it’s pulling the arm of a slot machine one more time or playing one more hand of cards, the risk factor never fails to excite the imagination. Unfortunately, the reality is not everyone has ready access to a casino in their area.
Online casinos provide a virtual for people to partake in gambling regardless of their location and enables them to take part in the excitement billions of others enjoy each year. The internet can be accessed from just about anywhere in the world now from a home computer to a smartphone. This easy access makes the idea of an online casino more appealing since people can step into this virtual space while still going about their day. Most don’t question how these virtual betting pools work, but just like their brick and mortar counterparts, online casinos require a license to operate.
These virtual betting spaces also need to meet a list of requirements to operate and to ensure the odds of winning are random for their players. Several licenses are available for these casinos to obtain based on the types of games they offer and the type of online environment they wish to provide. Malta Gaming Authority is the leading authority in these licenses in New Zealand and have taken steps to work with both players and casinos to ensure gambling benefits both sides.
There are four classes of licenses Malta Gaming provides which include the following:
Class 1: license for games that have repetitive or risk based factors that can be remotely accessed
Class 2: remote license for operators who do matchbook betting
Class 3: license for operators who are promoting betting matches (peer to peer, network portals, etc.) and receive commission as a result
Class 4: license for software vendors who are hosting and managing remote gambling matches
Including acquiring the appropriate licenses to operate, online casinos also have to provide proof of fairness when it comes to their games. This is referred to as the “randomness requirement” and every company that seeks a license has to prove over a six month period their games are fair. The fairness tests are conducted by different auditing agencies to provide fair and genuine results.
There’s a full list of licenses listed on the Malta website that can easily be accessed along with online casinos who are already registered. Most of these online casinos will have a link at the bottom of the page with information about their license and a way to see their certifications to operate.