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Table Of Content:

The San Marino Online Gambling Industry

San Marino has made a name for itself as one of the friendliest and most progressive countries in Europe today. And gambling in San Marino is no exception to this. San Marino has embraced the technology of the internet with open arms. San Marino's government has approved gambling as a business venture and licensed many online casinos. But, is San Marino's approach to regulation of fair and just?

San Marino online gambling legislation and regulations is gearing up to protect the rights of the online casino operators, but the government appears to simply give up on the idea, for there no such accreditation have even been issued yet. This is because it takes a very long time indeed to get such a certification and there are very few competent issuing agencies in San Marino. In fact, there are only a handful of them. San Marino is a small country, indeed a tiny one, and any government body that wishes to become involved in online gambling will have to establish its legitimacy by getting accreditation from a recognized European organization, which is what the San Marino government has done.

Online Licensed Casinos and Gambling Laws

Of course, there are some people in San Marino who don't seem to mind letting their small country slip behind the international operators' head while they rake in the profits. But there is nothing wrong if you take a step back and ask yourself, "is it not better to stay where you are now than to fall further behind?" No one can honestly argue against that, especially if there are a wide variety of global trends that we can observe over a long period of time. You might say that everyone is suffering from an economic recession at the present time, but if you look at the number of San Marino residents who have found their way into financial distress, you'll realize that they've all been victims of bad luck rather than of smart planning.

For this reason, San Marino has decided to make an effort to catch up with the international gambling business and bring its license to participate in the European financial market. This means that San Marino will allow the online casinos to operate twenty-four hours a day, seven days a week, giving customers even more reasons to play San Marino's casino games online. Not only is the online license a boost to San Marino's image, but it also boosts its ability to attract tourists and visitors who contribute significantly to the country's economy. This is also a great way for San Marino to protect itself from cyber criminals who use cyberspace for criminal activities such as extortion, money laundering and credit card fraud. San Marino is working hard to protect itself from outside threats, so it's only natural that its online casinos also want to do everything in their power to protect the name, the products and the services that they provide to their valued customers.

One way they're doing that is by insisting on the highest of standards in the gaming operators license that they issue to their local San Marino residents. San Marino's Gaming Commission has put a stipulation in place that all licensed operators must be fingerprinted and photographed before issuing them licenses. This is a measure in response to the growing number of cyber crimes committed by foreign operators. In fact, San Marino authorities have been actively participating in international cooperation to combat online gambling by demanding higher and better cyber security standards for its operators. By partnering with other foreign countries in the European gambling industry, San Marino is doing everything possible to ensure that its citizens are safe from online fraud and identity theft, as well as stopping the flow of funds that could potentially leave its residents weak and unprotected.

Billie Noble
Billie Noble
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Last updated: 23 December 2020