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.
It has been proven before that nothing is 100% safe, not even a EU license, however it´s a good rule of thumb to play on Poker Room´s with EU License, especially for tax reasons.
The Most Popular Poker Room´s With EU License + Rakeback or Cashback | |||||
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EU | Poker Room | Signup Bonus | Rake/Cash Back | More Info | |
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 aMalta EU gaming license from LGA or a Gibraltar remote gambling license.
Some european countries such as Italy, France, Spain and others has started to regulate aswell, but this is only for players within their respective countries.
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 ofGibraltar. 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.
We believe Arjel approves existing poker sites, if they already have another license. We don´t think Arjel look at the financial situation, since Fulltilt had a license, it looks like this is just a tax machine ! Several sites have pulled out of the french market since taxes and fees are simply to high to make a profit in the french market.
We don´t believe an Arjel license from France is worth anything regarding safety of a poker site. This is just a tax machine!
There are no requirements for companies to operate, or have servers in Italy, and as far as we know AAMS it should not be so difficult to get a license, it looks like this is also just a tax machine ! But we are told that taxes and fees are cheaper in Italy compared to France with very similar rules.
We don´t believe the Italian Gaming Authority AAMS is worth anything regarding safety of a website. This is a pure tax machine!