Gambling with MGA Licence vs. Gambling with Curaçao Licence
The licencing argument is not just whether one is better than the other. It is more than that and more complex than that as well. There are many differences, pros and cons involved with each type of licence. In our article, we aim to look at the main differences between gambling with an MGA licence vs. gambling with a Curaçao licence. The Curaçao gaming authority formed way back in 1996. In addition, it has over two decades of experience under its belt. The MGA started their journey in 2001.
It is not uncommon to find two major genres of gambling sites on the net. You will have those licensed by the MGA. In addition, you will also find those that the Curaçao licensing authority regulate. This leads many newbies to question the difference between the two. Unfortunately, there is not a straightforward response to this question. The Curaçao licence offers affordability Unfortunately, this does not necessarily mean that it’s the best licence for online casinos.
Take a look at how they stack up against each other, so you can figure out which one is the best fit for your needs. It’s important to make sure that you do some research before signing up with an online casino. After all, you want to know exactly what each casino is offering before you sign on to play for real cash.
Curaçao has a reputation as one of the pioneers in the online gambling world. It has been providing and regulating licenced casinos in the UK since 1996. They have also served some of the biggest operators in the world. It offers two types of licences to operators –Master Licence and Sub Licence. The licence will cover all types of games, skills, chance, software providers, affiliates, and more.
Malta has been praised by the World Gambling Authority as the best online gambling jurisdiction. The government focuses on providing a safe, secure, and transparent virtual playground. Perfect for online gambling operators to conduct their business in a convenient and friendly manner.
Why should you choose Malta as your online gaming destination? Well, to begin with, Malta has some sweet regulations in place. The Maltese government is cool with you playing practically any sort of game you’d like to play. So, long as it isn’t explicitly prohibited by their laws. In addition, you can even wager on the outcome of a mixed martial arts fight!
Main differences between the two
The top difference between gambling with either licence is that gambling with MGA has a better reputation. They have more gaming providers. They also have more options for deposits and withdrawals. However, gambling with Curaçao has lower costs and lower requirements to become licensed. All in all, either licence is an acceptable choice to gamble with. However, we do recommend MGA due to the lower security risk
There are huge amounts of online gambling companies. They come out with new sites all the time. Each new site usually has one of the licences. What does that mean for you as an online gambler? Which is safer, and which is more secure for you when playing online?
Both licences offer a high level of player protection but in different ways. Malta has stricter controls and only awarded to sites with proven safety records. The Curaçao licence has the reputation of being a more lenient one. However, it offers its players access to an ombudsman on player disputes. In addition, they offer a ‘Players Rights’ campaign that promises a baseline for fairness and security.
The bottom line is that if you’re playing in a casino with either of these licences, you’re in safe hands. Your personal and financial information, deposits and withdrawals and the gambling games themselves will all be treated fairly and with respect for the law.
There are many differences between getting an MGA licence vs a Curaçao licence. They include security, bonus offerings, pay-out rates, and more.
The debate over what licence is the best has raged on since gambling operations first needed to be licensed. Similarly, currently, probably one of the most talked-about debates is between Curaçao and MGA. They need to compete to attract online casinos by offering them their gambling licences.
Gamstop not supported
The UK self-exclusion scheme “Gamstop” is not supported on MGA or Curacao licenses. This program is only created by UKGC for UKGC licensed operator. For the gambling sites with a UK, Gamstop is mandatory to include, so you will never find a UK-licensed casino without Gamstop.
The casinos accepting players on Gamstop does normally have a Curacao license, but in some rare cases they can also hold a MGA license. This would however cause problems with the Maltese government so most Malta-casinos avoids this.
When it comes to online casinos, regulations and licensing are important. We’ve done the hard work for you. The good news is that Curaçao and Malta are great places for online casinos. They put player safety first and have strong regulatory systems.
When it comes to regulated gaming sites, both have a great deal to offer. Both have been designed in such a way that players will be protected from dishonest play. Each licence has its nuances though. Malta’s considered a stricter regulatory body for Internet gaming sites. This is because of its controls in preventing fraud and money laundering. However, Curaçao has an ombudsman on player disputes. It also offers its licensing scheme called the Curaçao e-Gaming Regulation.
Thanks for reading. We hope you enjoyed our review and are ready to make an informed decision on which licence suits you best.