Are these casinos really unlicensed?
No, these casinos are not unlicensed. Unlicensed casinos in Nordic countries refer to those gambling institutions that do not have a local license to operate. However, they are licensed by reputed gaming authorities like MGA and Curacao. Such online casinos are still as safe as any other casino in these countries. The only difference lies in the scope of their gambling advertisement, which is extremely narrow
Are they legal?
Yes, they are. Although offshore gambling sites are prohibited in the Nordics, the latter is not legally conservative. No law has been imposed to block foreign casinos or restrict monetary transactions to and from them. There’s no penal code that makes betting on unlicensed casinos illegal.
Why play at an unlicensed casino?
There are a lots of reasons why you should play at an unlicensed casinos. We have chosen the prime reasons to go with an unlicensed casino, and they are:
- Bigger and more bonuses
- No spin intervals
- Unlimited deposits
- No national self-exclusion program
- Trusted and safe
Some of the local online casinos go by the one-bonus-per-player rule, which is a major let-down for gamblers. By this rule, a player can receive only one bonus at each casino. Nothing less, nothing more. In other words, players are limited to just the welcome bonus! Unless it’s a massive one with a heap of free spins, fun usually goes out the door. The situation is different in unlicensed casinos where bonuses are in plenty and without absurd restrictions.
No spin intervals
As if limiting the number of bonuses wasn’t enough, local casinos are also required to restrict slot spins to one every 3 seconds. When the last thing you want to do is wait, this is exactly the rule you don’t want to follow during a gaming session. Thankfully, unlicensed casinos are not subject to such rules. Spins as much as you want and as fast as you can.
Most online casinos operating within the Nordics are required to set deposit limits to uphold responsible gambling. While this is much appreciated, it might disappoint high rollers. The best practice is to let players decide for themselves how much to spend and when to stop. This is possible only in casinos that operate without a license.
No national self-exclusion program
To keep problem gamblers at bay, the government bodies have come up with a centralised system of self-exclusion. It lets players prevent themselves from playing at all casinos that are locally licensed. The activity of such players is temporarily paused for a certain period during which they cannot access any of these gambling sites. A self-exclusion once imposed cannot be undone until the period expires. Unlicensed casinos, on the other hand, are beyond the authority of this centralised system. Even if you self-excluded in one such casino, you can always turn to another.
Trusted and safe
Unlicensed casinos might not meet the legal requirements set by countries such as Finland and Norway. However, that doesn’t make them any less trustful. To hold an MGA or Curacao license is no mean feat. In fact, a single MGA license could be a powerful sign of credibility and authenticity.
A robust regulator in the iGaming industry, the Malta Gaming Authority (MGA) has created new benchmarks for gambling practices worldwide. It prioritises fair play, player protection and anti-money-laundering practices while issuing a license to any operator. A not-for-profit organization, the MGA also makes sure casino operators are accountable for their actions. Most of all, if you play at an MGA casino from an EU-country, your winnings would go tax-free!
Top 4 MGA Casinos
- N1 Casino
N1 casino is popular for its diverse game range and mobile compatibility. Players can treat themselves to a variety of video slots, jackpots and live dealer games picked from the best game providers in the industry. Banking methods include a generous mix of popular credit cards, debit cards and e-wallets. The customer care team is quick, effective and available 24/7.
- Slot Hunter
Slot Hunter shares its DNA with N1 Casino, which means we can expect the same incredibility. However, it offers a loyalty program that stands out from the crowd. Hop on a treasure hunt for free spins and cashback as you play and level up. Additionally, the casino further offers a no deposit bonus that rewards you with free spins.
SlotWolf casino offers games from the top-tier software providers, which tells us it is designed for non-stop entertainment. A relatively new player in the market, this online casino has already made its mark, especially with its lucrative bonuses and fast withdrawal time. The website is easy to navigate and mobile-friendly. Should you need help, customer support is available 24/7.
- King Billy
King Billy is the casino where bonuses are huge and fun is unlimited. With a 0-1 hours withdrawal time frame, it offers the fastest cashouts in the industry. Winner of multiple awards, it has an extraordinary game selection and a smooth website layout to play them. We are sure you will find no room to complain when you register with King Billy.
One of the oldest regulators in the iGaming market, the Curaçao Gaming Control Board objectively licenses operators to uphold the integrity and stability of the industry. It works towards ensuring all gambling activities are conducted responsibly, honestly and without any element of money laundering and other or eco-criminal activities.
Top 4 Curacao Casinos
- Refuel casino
Player convenience is paramount at Refuel Casino. A new entrant in the world of online gambling, it focuses on simplifying gaming experiences. How does it do it? – By offering a huge game range and a unique way of bankrolling players with regular cashback. Refuel Casino doesn’t offer common casino bonuses. Instead, it lives up to its name by refuelling players with more money.
Casoo casino is worth your attention because its game library is extensive and like no other. It is worth registering with because its welcome package is super-sized and loyalty programs equally appealing. The range of payment methods is decent and customer support is available round the clock. Need we say more?
- Spin Madness
Spin Madness comes with a Curacao Master License (8048/JAZ), which is the best of the four licenses the regulator offers. Its collection of slot games would appeal to any player who has a thing for classic slots. The casino is powered by NuWorks, a subsidiary of Real Time Gaming, which tells us we can play top titles from the provider. Withdrawals are processed within 48 hours.
- Spin Million
Spin Million is primarily a slot casino. However, it has a decent range of table games as well. Although there are no live dealer games available here, the casino is fun-packed with games from providers such as Microgaming, Playson, Betsoft and iSoftBet. Withdrawals are processed within 24 hours and customer care is available via live chat 24/7.
Payment methods at unlicensed online casinos
You might be playing at an unlicensed casino. However, the payment methods are more or less the same you’d find on a locally licensed online casino. Below are the common banking options you are likely to come across:
- Credit cards
- Debit cards
Credit and debit cards such as VISA and MasterCard are the usual choices while Skrill, Neteller and ecoPayz make the popular picks when it comes to e-wallets. Some casinos might even support PayPal transactions. Operators are slowly venturing into cryptocurrencies like Bitcoin, too.
However, a banking method that stands out from the rest is Trustly. It is supported by most casinos without a license and offers multiple benefits to players.
With Trustly, you can make risk-free payments directly from your bank account to your casino account via BankID. You don’t need to register to avail of its services. When you make a payment using Trustly, you don’t have to leave the casino site to deposit the money.
The method is mobile-friendly, which means you can make a deposit whenever, wherever. The services are free of charge and above all, you can even withdraw your winnings through Trustly.
Why don’t unlicensed casinos get a local license?
Because it’s easier said than done!
Casinos that don’t have a local license yet might be unwilling to apply for the following reasons:
- The tax is high and might not benefit the operator in the long run if ROI is a concern.
- The license acquisition fee might be high and impractical for smaller brands.
- The local rules and regulations limit business growth and mess up player experiences.
A casino isn’t a scam just because it is not locally licensed. If you want to play at the most reliable ones, choose from our list of recommended casinos and get started.