(Newswire.net — October 15, 2020) — Online casinos are a booming business. The industry produces annual revenues of around $60 billion, and according to estimates, this figure will hit $95 billion by 2025. Thus, it is no wonder that you can find brand-new online casinos on the internet each week.
Many companies want to get a slice of the iGaming pie, as new ones enter the sphere with debut casino offerings, while established brands add new sites to the dozens they already operate, trying to cater to every niche imaginable. So, as a newbie looking to spin reels at an online casino that has just opened its virtual doors, we list the most important aspects you should check before signing up.
Gaming License
Always look to see if the platform you are considering has a valid gaming license. You should find this information in the site’s footer or the terms and conditions. A license from a reputable regulatory body ensures that the platform meets specific guidelines and has the right policies in place that protect player data.
A gaming license also requires the site to employ independent third-parties that perform regular audits of its random number generators. The overseeing organization vets the companies that run these casinos by making sure that they are financially stable, and they also act as arbiter between the player and the operator in the case of a dispute.
Payment Options
How and how fast you can place and remove funds from your casino account is of the utmost importance. Be wary if an online casino does not allow the use of established payment methods. If the platform lets players use options such as Visa and MasterCard, as well as some popular e-wallets, that’s a good sign.
However, do not let your explorations stop there, as you need to check if the processing times for each method coincide with industry standards. Furthermore, you should check to see if the casino has a withdrawal wagering requirement. Some sites require you to bet your deposit three times over before you can take out funds from your account. Others may not let you withdraw funds via a different method than the one you used for depositing. So, be aware of those aspects.
Smartphone Compatibility
Playing-on-the-go is a big thing nowadays. Smartphones are the main reason why this industry is growing at such a pace. Thus, mobile compatibility is something you should pay attention to, as it shows if a platform has made investments in satisfying player needs. All online casinos should have a mobile version of their platform that must work seamlessly on any mobile device.
Many go a step further and provide a dedicated mobile app for their casino, which adds speed and convenience to the whole gaming experience. That said, even if a site has a terrific mobile version and an app, always look through the game library to see if the same number of games are available on your phone as they are on a desktop computer, as this is not always the case.