EU License Poker Rooms And EU Gaming License Rules
Reasons To Play EU Licensed Poker Rooms !
Tax Free Poker – We at Rakeback Safe are not experts in this field, but we know that most EU citizens are not taxed on money won from a Poker Room with a EU license.
Game Fairness – The license requirements in European Countries is much stricter than in other areas of the world. This leads to the games being audited more frequently and in much more detail. This provides a lot more confidence that the games are fair.
Financial Security – EU licensed rooms will be much more financial secure than rooms in other areas. EU License Poker Rooms must place all Players funds in seperate bank accounts, they have high anti-money laundering standards and much more to obtain their EU Gambling License.
Nothing is 100% safe, however it´s a good rule of thumb to play on Poker Room´s with EU License.
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You can always see where your Online Poker site is regulated and licensed. At the buttom of almost all Poker sites you can see where they have their gambling license. (If you don´t see such info, don´t play)
EU License: Malta And Gibraltar EU Gaming License !
To get a european gambling license and be fully licensed in EU the online Casino/Poker sites must get a Malta EU gaming license from LGA or a Gibraltar remote gambling license.
(Some european countries such as Italy, France etc. has started to regulate gambling sites and block sites without license. This is even happening to legal companies within the european union, and is most likely against the EU rules for free trading within all EU countries.)
But at the moment special rules within YOUR country might apply !
EU Gaming License From Gibraltar.
Check if your poker room or casino is on the list of Gibraltar licensed sites, and get concact details to Gibraltar gaming commision/ Goverment. Gibraltar Internet Gaming
Some room´s might not apear on the list, but they could be operateting with a network license which is the case with Ongame Network PLC´s EU gambling License, it´s used by some Ongame sites.
Poker Networks With EU License
Boss Media Malta Poker Limited
Ongame Network Ltd
Entraction Network Limited
EuroCake Poker-Network Ltd (EuroCake licensed sites don´t accept signups from USA !)
The Gibraltar Regulatory Authority, is the Gambling Commissioner under the provisions of the Gambling Act 2005. The Act grants the Gambling Commissioner powers to ensure that licensees conduct their operations in accordance with their licenses and in a such a manner as to maintain the good reputation of Gibraltar. Licences are generally difficult to obtain and the Gambling Company shall at all times be effectively controlled and managed from Gibraltar.
EU Gaming License From Malta !
Malta has several different EU gaming licenses, ranging from Class 1 to Class 4.
A fully licensed Poker Room on Malta needs a Class 3 License, a Class 3 ON 4 License, or a Class 4 License. Check if your Poker Room have a Malta gaming License below:
Check if your Online Poker Room´s EU gambling License is suspended or cancelled !
In June 2000, Malta was amongst a group of six offshore tax haven countries, which agreed to revise banking practices in line with OECD guidelines. Law of commerce has civil law foundations, but is also closely related to the UK model. The jurisdiction has high anti-money laundering standards and a comprehensive framework for financial services regulated by the Malta Financial Services Authority.
Malta became a member state of the European Union on 1st May, 2004. And was the First EU Member State to regulate online Gaming and hand out EU Gambling Licenses to poker sites, casinos and betting sites. Under the Remote Gaming Regulations, 2004 there are four gaming classes by which an gaming operator may be licensed from Malta and get a EU Gambling License.
* Statements on this page is only based on information available on the internet, Rakeback Safe can NOT be held responsible for any information that might be incorrect. If you want to be 100% sure, you must check that your poker site actually is listed with the right license, or ask them to prove it.
