What are the Defining Features of a Secured Casino in 2023
Based on recent statistics, there are about 4,792 online casinos globally, and this value keeps growing. Thus, during the period from 2018 to 2023, the annual business growth in this industry is about 6.1%. On the one hand, it is a perfect chance to choose from a wide selection of gaming sites. On the other hand, many fraudulent platforms significantly complicate your search.
For example, you may experience GGBET Philippines, which is a top choice regarding personal and financial data protection. Or you may stumble upon sites created by malicious artists that can spoil your experience or even bring you financial problems. That is why it is crucial to understand the set of reputable casino features.
Supported Encryption Algorithms
A reputable gaming site always offers advanced encryption of customers’ sensitive data. It applies to passwords, credit card details, personal data you provide during registration, secure codes, and more. These algorithms scramble all the info you send to the site or receive and then decode it on the appropriate end. As a result, no third party can unauthorisedly read and use it.
Protected Banking Options
If you play for real money, you should be 100% sure that your funds can be securely credited to your casino account or withdrawn. At most casinos, you can use bank cards, the most popular payment method. Services like Visa or MasterCard support the highest standards, like PCI DSS. It means payment processor operators must constantly perform a bunch of activities, including the following:
- Test networks for vulnerabilities;
- Use firewalls;
- Authenticate access and more.
Another popular option is cryptocurrency. It is designed with tamper-proof and distributed ledger features. Also, it supports cryptographic hashing. It means blocks are linked in the chain and have their unique identifiers. Since crypto is a transparent banking option, you can access all the transactions and may check their history.
Relevant License
A reliable gaming site always has a relevant license issued by a reputable authority like UKGC, MGA, and more. Such licenses are granted only to those sites that meet the appropriate standards, including those related to security.
You can find all the info about the license in the site’s footer or by contacting its customer support service. If the casino does not have a license or it is expired, it is a red flag for you to double-check that site.
Security Policies and Procedures
A trustworthy gaming site always carefully checks new clients using Anti-Money Laundering and Know Your Client procedures. They help prevent many fraudulent activities and scams, from unauthorized use of your profile to money laundering and terrorism sponsorship.
Within this program, you must verify your identity so the platform knows you are a real person. Also, you must provide info about your relevant bank account, card, etc. In this way, the casino knows about the source of your deposits.
This procedure requires you to provide relevant data about yourself, address, phone number, and more. You must also upload the approach documents that prove all the data you entered.
