Know your online casino: A newcomer's guide to the Bitcasino license 

Annually renewed regulated license

The Bitcasino license ensures a transparent and safe environment for players. It’s proof that the casino adheres to strict regulations designed to protect players and maintain fair play. They can keep this licence for as long as they don’t violate laws from the GCB, international agreements, and national boundaries. 

The licence to operate only lasts for a year and Bitcasino is required to renew each time in January. In doing so, they also have to adhere to changes in the operating licence as required to adapt to the world’s ever-changing nature. This also accounts for countries’ changing views on gambling and crypto use and ownership over time. 

Bitcasino’s availability is also based on the licence. Under the BCG’s rule, the Bitcoin casino is prohibited from welcoming customers from the following countries:

Please be aware that the countries listed above are restricted mainly because of their strict laws concerning either gambling or crypto use. You may not access Bitcasino using an IP address from these places. In some rare cases, users may still be able to access the site due to technical oversights, but this does not mean it is allowed. 

Bitcasino’s binding declaration states that the user must not be from any restricted country in the list. If it’s discovered that an account comes from a prohibited jurisdiction, then that account can be frozen or closed at the company’s discretion.

Bitcasino may update the list of prohibited jurisdictions in the future. This will depend on the country’s amended laws for gambling and crypto use as well as changes in the country’s operating licence.

Licensed software providers

Bitcasino.io also adheres to the individual licences of every software provider. If certain games are unavailable in your region, it’s likely because those providers aren’t licensed to operate in your country. 

You can only access their games if you’re accessing Bitcasino from an IP address that isn’t in their list of prohibited jurisdictions. Physically being in that country is ideal but a VPN also helps  bypass geographical restrictions.

Cybersecurity measures

Cybersecurity is always a growing concern among web-based services. It is especially crucial for platforms handling valuable assets like Bitcoin (BTC) and other crypto. That’s why Bitcasino employs a Secure Sockets Layer (SSL) certificate to protect users’ privacy from data breaches. 

Bitcasino also offers two-factor authentication via SMS and third-party apps. These are optional but users are encouraged to activate one of them to prevent unauthorised access. 

If a user’s account is compromised, Bitcasino’s customer support can quickly suspend account activities until the issue is resolved. Other protective services include password reset, IP address blocking, and account ownership verification. 

Responsible gaming practices

As part of the Bitcasino licence, the platform takes responsible actions to help gamblers avoid or recover from problem gambling habits. That includes temporary or permanent self-exclusion and deposit or betting limitations on demand. If there is a need for additional support, then Bitcasino can refer users to the following organisations:

• GamCare
• Keep it Fun
• Gambling Therapy

Third-party audits

Bitcasino.io and its partnered software providers employ third-party audits. These are programs conducted randomly throughout the year to verify the games’ fairness and randomness. It ensures that there is no tampering with algorithms, random number generation (RNG), and table games. 

There’s also auditing for the casino’s state of the website. It ensures the platform’s resistance to data breaches and all the necessary safety measures are in place. On top of that, it also detects broken links and underperforming pages. Bitcasino uses these evaluations to further improve the platform’s quality and security for the customers’ sake and satisfaction.

Safety for one’s finances and privacy

Bitcasino is not based in Japan so Japanese customers are anxious about how protected they will be if the website is a fraud or compromised. As an offshore entity, they fear that Japanese law enforcement may not have the authority to investigate them for being outside the country. 

The Bitcasino license ensures that it is following all laws and is subject to auditing. If laws are breached, then Japanese law enforcement can investigate the platform and recover Japanese players’ deposited funds. 

Bitcasino is also responsible for protecting users’ privacy, especially after they verify their accounts using legal documents. Leaking this information is a criminal offence that the Japanese law enforcers can act on. 

Fairness of the games

The average gambler doesn’t have the resources or knowledge to personally assess casino games’ fairness if it’s using RNG. They can only count on third-party auditors to verify Bitcasino’s fairness and transparency. 

If cheating is discovered, then the casino will lose its licence and be investigated for fraud. Thus, players can rest assured that Bitcasino keeps their games fair and their gambling environment safe for as long as they have their licence. 

Legality of the platform’s operations 

On top of financial, privacy, and fairness concerns, Japanese players may worry about whether using Bitcasino breaks any local law. The local government can only protect them if they are using services from licensed or unregulated brands. Legal concerns for both players can be dire because of Japan’s 2023 Gaming Law which states as follows:

• A person who committed a ‘simple gambling’ offence will be fined up to ¥500,000.
• Someone who committed a ‘habitual gambling’ offence will be imprisoned for up to 3 years.

To avoid such penalties, Japanese citizens should only play at a properly licensed gambling platform. The Bitcasino license ensures that the casino provides the safety and security a gambler seeks for a fun gaming experience without legal risk.