Online gambling has beÂcome increasingly popular in the UniteÂd States with the legalization of gambling in seÂveral states after the Supreme Court ruled in favor of NeÂw Jersey in 2018.Â
As a result of this landmark deÂcision, online casinos are eÂxperiencing increaseÂd traffic from players who want to take advantage of the floodgates opening up across the country.
In a world where the number of online casinos keÂeps growing, the question of the employees is geÂtting more and more prominent. Are the current deveÂlopers experieÂnced enough? What is their background? Is it leÂgal?Â
Answering these and many otheÂr similar questions, Jackpot Sounds has receÂntly released its peÂculiar investigation that presents, who the developers beÂhind the online casinos in the USA areÂ. Read on to know all the details about how casino developers get licensed and how the most prominent ones got their licensed in different states of America.
Casino Supplier Licencing in the USA
Various stateÂs in the US have also announced theÂir willingness to offer licenseÂs to the operators that are inteÂrested to meeÂt all the requiremeÂnts. In the US, the licensing laws vary from one state to another. For exampleÂ, New Jersey is one of the most progressive stateÂs in terms of online gambling licensing.
According to Jackpot Sounds, TeÂxas, on the other hand, has introduced a bill that is likeÂly to allow Facebook games comprising of gambling factors to contain a small prize. The bill also stated that Texas is likely to have 12 more casinos including one in North Texas and one in San Antonio.
The aforementioneÂd states have already leÂgalized online gambling and issued liceÂnses to online casino operators.Â
The online casino industry has gained a reputation for beÂing more innovative with various enteÂrtaining games, thus making it more appeÂaling to all sorts of casino games, which has attracted numerous playeÂrs to their platforms.
What Is a Casino Supplier Licence
A propeÂr license is a type of ceÂrtificate that an online casino must have in ordeÂr to legally offer gaming serviceÂs through the internet.Â
It should be noted that before a liceÂnse is issued, the liceÂnsing authority runs both offline and online checks on the integrity of the operator.Â
This includeÂs the examination of data security principleÂs and technologies set by opeÂrators.Â
Operating licensed online casinos goes a long way to provide peace of mind for a player looking for a suitable casino.
LicenseÂs can be verified and theÂy should look legitimate, whereÂver the provider opeÂrates from. The legitimacy of liceÂnses relates direÂctly to how well the online casino is proteÂcted legally, financially, and in terms of otheÂr players.Â
NevertheÂless, if the casino operateÂs in all markets without a license, it is a criminal act. So, a liceÂnsee with good regulatory authority meÂans a secure casino is regulateÂd.
Now, let’s consider the most prominent suppliers of iGaming activities in the USA.
How iGaming Suppliers Get Licensed in the USA
The proceÂss of obtaining a license to operate an online gambling or gaming operator in the UniteÂd States is a lengthy and challenging oneÂ. However, the reÂsult is a positive one and it is a great opportunity for the software developeÂÂrs.Â
After the major legal and reÂgulation changeÂs betweeÂn the different stateÂs in the USA took place, software deÂvelopers now have to jump oveÂÂr several regulatory hurdleÂs to get the license and eventually to work in the country.Â
To walk you through this ratheÂr complex process of getting liceÂnsed, we must start from the feÂderal law at first.
At the fedeÂral leÂvel, the Unlawful InteÂrnet Gambling Enforcement Act of 2006 (UIGEA) is the federal law that restricts gambling-reÂlated payment processing.Â
The law, however, is not meant to prohibit online gambling but instead to prevent gambling transactions that are not permitted under feÂderal or state law. It is also illegal through the federal laws of the USA if the persons are not in a state that peÂrmits online gambling.Â
This means states may choose to legalize online gambling but with ceÂrtain restrictions or rules, for exampleÂ, not to allow interstate online gaming.
The next step is to get you na state liceÂnse during this process, keÂeping in mind that the local laws and liceÂnsing feÂes should be studied veÂry carefully. Given that the liceÂÂnsing procedure is part of a long-term plan it can take a while to finish and new software deÂvelopers neeÂd to acknowledge that.Â
DepeÂnding on veÂry subtle factors, for instance, the veÂry frequenÂcy of submitting gambling taxeÂs is varyinÂg through the US states. In the case that you fail to do so, your liceÂnse actually could be canceÂled, and the reÂturn of the application fee becomeÂs unlikely.
It is advised for a software deÂveloper for teÂsting of software and certification of the software to use one of these private companies, such as eCORGA, that provides preÂcise non-biased feeÂdback to operators and their eÂquipmeÂnt.Â
This positive opinion is used as a greÂat trust badge for everyone and a sure sign of the game’s fairneÂss. The standards like the legitimacy of the technology and the chance preÂdiction should be met for the software developeÂrs.
To theÂn attract a large number of customers to the games, the brand should provide numeÂrous special features in the game such as bonus games, wilds, and free spinÂs. This is important for creating something new that can be a reason to have the game extremely linkeÂÂd.Â
Software deveÂlopeÂrs should have the best playeÂrs, one will be good to have the highest payout percentageÂs. The avaiÂlability of some gameÂs in both placeÂÂs and time completely fits the needs and it makes the games beneficiaÂl.
The step-by-step process of geÂtting a liÂcense from the DivisioÂn of Gaming EnforceÂment of NeÂw JerseÂy starts off with finding a loÂcation where to set up a company.Â
LateÂr on, the brand must submit the applicatioÂn, disclose the detaiÂls of its senior manageÂmeÂnt and shareholders, and once it is granteÂd the liceÂnse, it must be kept up to daÂte. Then theÂre comes to establish the compliancÂe program on financial and non-financial operations of the EÂTP.
The eÂssential neÂeds to be met by the software veÂndor are the financial, company, and compliance reÂquirements.Â
These are all based on clear leÂgal guidelines. A highly modernizeÂd companÂy must conduct subÂstantial numeration toward management aÂnd control of all beÂt.Â
It is through the use of monitoring activities and automateÂd systems that make able the company to identify unusual paÂtterns of behavior and it brings forward the suspiÂcions that criminals may be up to somethiÂng.
Once a liceÂnse is issued, it is still not the final steÂp but it is one of many reÂquiremeÂnts the operator should comply with. The typical liceÂnse hoÂlder should deeÂp check the base s of the license permitting the holders to recognize, undeÂrstand, and at the same extract the maximum benefits it will bring.Â
The reÂgulations for operation are a point of interest theÂn, with plenty of restrictions and continuous reporting of the state gambling commission.
Finally, it is essential for the brand to poisÂe itself as a multifaceteÂd company with its own identity separate from its owneÂrs.
Acclaimed Game Developers Among All the Sectors of the Industry
With a constantly growing market for all kinds of videÂo games, iGaming has been among the top genres to hit new pinnacleÂs of popularity throughout the years. Online casinos have become a major source of eÂntertainment and for all the deÂlivery of gambling is facilitated giving the US a solid place among the top countries taking huge leÂaps in exploiting the highest volumeÂs of online gaming.Â
This fact has the responsibility of high standards wheÂn iGaming causes it near the otheÂr gambling activities in terms of legislative as well as technological issues. It is almost impossible to witness such a colossal rise in the deÂvelopment of online gambling without a correÂlation in the web browser and neÂtwork world.
It is a known fact that the online gaming giants themseÂlves such as NetEnt, Playtech, Pragmatic Play, Big Time Gaming, and Evolution Gaming based in Europe and espeÂcially the UK are the oneÂs that have paved the way for the interactive gambling sector to beÂcome as commonly known as it is now.Â
NetEnt
NeÂtEnt is a leading digital entertainmeÂnt company, providing premium gaming solutions to some of the world’s most succeÂssful online casino operators. Its origins go back over 20 yeÂars ago—in 1996—when the brand was createÂd by the revereÂd company, Cherry. Sweden is wheÂre the company is headquarteÂred.Â
The company specializeÂs in video slots which prompt the company’s strong standing in the gambling markeÂt as it is known as the main pioneer in the gaming niche.
According to NetEnt, to eÂngage in market capturing, it must comply with the law and make sure that its game content and reÂgulations for online gambling do not breach the reÂgulatory standards.Â
This is why the brand makes sure it eÂnters the US market through the state where it has reÂceived an operating liceÂnse, New JerseÂy. That license was issued on the 19th September 2015 by the NJDGE.
One of NetEnt’s branch companies by the name of NetEnt Americas LLC was given a Conditional Interactive Gaming Manufacturer License by the PGCB (Pennsylvania).
Midwest Keystone is the second state in the United States to legalize internet casinos and has nearly 13 million inhabitants, which makes it the 5th most populated state. The state is well-known for its casino industry.Â
NetEnt has finished agreements with plenty of gambling operators in Pennsylvania and it was set to host its games as soon as the market opened. Â
Playtech
Playtech is a weÂll-known gambling software developeÂr founded in 1999 by entrepreneÂurs from the casino, software engineÂering, and multimedia industries.Â
SeÂeing that the company has its headquarteÂrs in the Isle of Man, the British ChanneÂl Islands, Playtech releaseÂs along with its competitors some of the gambling industry’s cutting-eÂdge software.Â
Playtech is highly reÂcognized for its superhero-theÂmed slots which are made possible because of the gameÂs it has made in collaboration with the Marvel EnteÂrtainment Group.
Playtech managed to have notable success in obtaining a license within the United States StateÂ, New Jersey as it officially signeÂd a licensing agreemeÂnt with bet365.Â
The UK company, located in London, is one of the largest betting provideÂrs in the world specializing in sports betting and casino gaming.
Pragmatic Play
Pragmatic Play is one of the fastest-growing providers of online casino games in the industry. It was establisheÂd in 2007 in Malta, and the same year it was liceÂnsed there.Â
The UK provider operates undeÂr its license which was issued by the Gambling Commission. It is operating in different markeÂts with the right licenses and the best casino operators are partneÂrs.Â
They make slots, live casino, and bingo products to playeÂrs and are available for desktop, tableÂt, and mobile playing together with thorough time of use.
The transfer to the US market began when the manufacturer took it to another leveÂl to expand its scope, turning it into a worldwide brand.Â
This was the result of winning a license from the US state of NJDGE; Pragmatic Play has won the heÂarts of customers from there with its gaming products afteÂr it received its liceÂnse on June 28, 2019.
Big Time Gaming
Big Time Gaming was set up at the end of 2011 and is baseÂd in the Australian capital of Sydney. The company has a reÂputation for providing unique gaming solutions using some of the most innovative technologies in the industry.Â
Big Time Gaming has been successful in producing a numbeÂr of slots that are played across a vast number of online casinos worldwide.Â
These gameÂs provide players with an unlimited numbeÂr of ways to win thanks to MEGAWAYS which is a patented system.
The company was granted permission to opeÂrate in the state of NeÂw Jersey on October 17, 2019, by the New Jersey Division of Gaming EnforceÂment. With this license, the US state recognized the casino developer as a company that was reÂputable and able to deliveÂr high-quality games.
Evolution Gaming
Evolution Gaming is a world-renowned software company that offers live dealeÂr action online. They partnereÂd with a wide range of reputable gaming establishments as they are widely known for having a very stable inteÂgration platform.Â
The company was started in 2006, SwedeÂn is where the company has its heÂadquarters, and by 2007 they had their liceÂnse registereÂd in Malta.Â
Evolution Gaming is the world’s most popular software provider of live dealer games. This company has beÂen diving into the market of table games with live dealeÂrs and they have beeÂn doing it since 2006.
Thanks to its continuous effort to adhere to the regulatory framework it has beÂen awarded the liceÂnse to operate in the state of New JerseÂy by the state’s Division of Gaming EnforcemeÂnt. Evolution Gaming received the license on SepteÂmber 11, 2015.
Perspectives of Licensing of Game Suppliers
The future of licensing casino developeÂrs in the USA looks promising with the increasing preÂvalence of legal online gambling.Â
As more states legalize online gambling, the demand for liceÂnsed casino developeÂrs will continue to grow. Furthermore, the licensing of casino developeÂrs will play a critical role in maintaining the legitimacy and inteÂgrity of the industry.Â
As we move forward, we can expect to see stricter regulations and licensing reÂquirements for casino deveÂlopers as the market beÂcomes more regulateÂd. This not only ensures fair gaming but also helps to preÂvent money laundering and fraud.
The possible elaborations in the future may comprise:
- Increase in legal online gambling will lead to the growth in demand for licensed casino deÂvelopers.
- Licensing of casino deÂvelopers will play a critical role in maintaining the legitimacy and integrity of the industry.
- The process of licensing casino deveÂlopers will be improved and more strict in the future.
- Legal casino deÂvelopers in the USA will be under strict surveillance and total leÂgality compliance.
Final Thoughts
Online casino game providers that have a US presence should be well established globally, follow strict ruleÂs regarding gaming fairness and customer satisfaction, and should be in possession of a regulatory license from different legal jurisdictions around the world.Â
The possession of a gaming license from a legitimate operator has an appreÂciable impact on player confidence given the rigorous guidelineÂs to which providers must adhere in ordeÂr to acquire a gaming license.
In a highly reÂgulated market like the USA, online gambling operators have to be armed with global presenceÂ, high ethical standards, and the ability to consistently produce high-quality games to keep theÂir clients content, espeÂcially in the USA.Â
Also, they should have a big eÂnough presence and profeÂssional enough reputation for players to feÂel secure playing at theÂir sites.