Online casinos were created way back in the 1990s, after Internet’s popularization across the world. However, since their inception, these casino websites were frowned upon, and most people refrained from playing on these platforms due to the belief that they were ridden with scams and frauds. This would change thanks to the many technological advancements that took place in the following decades, especially regarding security protocols and data encryption, leading the iGaming industry to become able to provide safe environments for bettors and casual players worldwide.
Apart from these tech advancements, another factor that contributed to a safer landscape in online gambling was the tightening of licensing and regulating rules and procedures, with internationally recognized bodies like the United Kingdom Gambling Commission and the Malta Gaming Authority becoming stricter and stricter to enforce these parameters. Therefore, certain guarantees were created to ensure fairness and customer security, as well as data protection and financial security.
All these factors contribute to a safe online environment and are extremely important for players’ safety and anonymity, while also ensuring fairness and unpredictability in all games. Last year, with the COVID-19 pandemic and people staying inside to comply with distancing measures, iGaming platforms recorded significant growth as many people who wouldn’t normally gamble online resorted to online casinos as a new form of online entertainment.
Even though the selection of currently available igaming platforms is almost endless, tools like Casino Help come in handy to aid both novice players and experienced bettors, by providing comprehensive lists of trustworthy gaming sites, reviews, and tutorials so players can safely enjoy the best of online gambling.
Also Read: How to Play Online Casino Games in India?
Licensing and regulation
Before we get into the technical aspect of online casino security, it’s important to understand how the licensing and regulation procedures contribute to a safe environment for players. Gaming licenses are usually granted by government agencies dedicated to monitoring and maintaining security in the gambling industry, such as the Malta Gaming Authority and the United Kingdom Gambling Commission.
To guarantee there aren’t security flaws and money storage issues in these platforms, iGaming operators are subject to constant auditing by certified third-party agencies who look for payment issues, unfair games, and even irregular RNGs – the algorithms that generate the outcomes of online casino games, and must employ a specific protocol to prevent rigging and hacking – before granting the certification.
Such auditing is usually conducted by eCOGRA, the eCommerce Online Gaming Regulation and Assurance, an internationally accredited testing agency and standards organization that has been the leading independent certification body for the industry since its foundation in the early 2000s.
Web security features
Undoubtedly, web security is a priority to every one of us, as we only conduct online activities that are deemed safe and trustworthy. That’s why one of the first aspects to look for in a reliable online casino is the payment platform through which its financial transactions are done. Reputable operators must handle all deposits and withdrawals through verified, trusted payment platforms like PayPal or Visa Checkout, since these services use state-of-the-art security features that protect your money and personally identifiable information.
Apart from that, it’s also important to understand the protocols and security standards that must be employed by online casinos in order to protect their customers. Every reliable casino must employ the latest, highest levels of Transport Layer Security (TLS) – the successor of the SSL protocol, a security standard that provides privacy and data integrity over networks – and RSA encryption, thus guaranteeing protection of data transmissions and ensuring these platforms are impervious to malicious attacks.
Operators must also prevent unauthorized access and data breaches, which is usually done today by employing two-step verification in the login process. Additionally, online casinos are required to keep players’ funds segregated from operational funds, therefore ensuring that the platform is a financially safe environment. Finally, responsible gaming policies must be employed, and operators must support and protect problem gamblers by providing features that aid these players.
Since the emergence of blockchains and cryptocurrencies, the iGaming industry has been one that benefited the most from the inception of these technologies. As blockchains and cryptos are decentralized structures, without involvement from baking institutions or governing agencies, they are untraceable and constitute some of the safest payment methods available today. Besides, these transactions are much faster, and present fewer fees and taxes.