Casinos that are licensed under the same company; yae or nay?

[Alpha Marine]

I don't mind. As long as the casino is not fraudulent or has a bad reputation, I don't mind if they are owned by the same company. If I like the casino, I would play in it. If the parent company or the subsidiaries have a bd reputation, then it is a differnt things. Like it was with 1xbit and all the other companies affiliated with it.
We use other services and products owned by the same company,, so why should gambling be different? I don't mind at all.

[Porfirii]

I don't mind. As long as the casino is not fraudulent or has a bad reputation, I don't mind if they are owned by the same company. If I like the casino, I would play in it. If the parent company or the subsidiaries have a bd reputation, then it is a differnt things. Like it was with 1xbit and all the other companies affiliated with it.
We use other services and products owned by the same company,, so why should gambling be different? I don't mind at all.

Exactly. Many times we don't even know it, because the companies from which we buy products or services are subsidiaries of subsidiaries of subsidiaries... that eventually end in tax havens. This is nothing new and although I do not defend it nor do I want to normalize it, simply the fact that a company owns different brands/branches is not something so serious that it would make me avoid it, and neither in terms of casinos.

[Synchronice]

Won't these platforms have shared backend and player data? Even a shared system for deposits/withdrawals? (Probably not the case if it's whitelabel, cmiiw)

So, if you come across one of these platforms, would you be willing to sign up and place bets? Or would you prefer a standalone online casino? One that has its own license, design, and unique promotions.

P.S. I'm not saying it's a bad thing, just asking for some insights. 

They won't have shared player data, like accounts, but they'll share some statistics of their own players to prevent money laundering, arbitrage betting and so on.
Honestly, my opinion about this is that if they share the very same characteristics and there isn't any noticeable different between them, I would either stick with one of them or completely ignore both because I don't like this idea of one company having the exact same two or more products, it lowers trust in me.

[Findingnemo]

I don't have any problem using them unless they are known for shady activity, usually the casinos that are serious about their business wants their platform to be unique that attracts more players but if they are launching a platform under the same license they are just compewting each others so I don't find why a casino needs to do this unless they got something to hide?

[serjent05]

I think this is not about reputation but rather whether they operate within the same group or have one operator. If the person is doubtful about it, he can inquire whether those casinos are under one operator.  Since it is normal for one operator/group for have branches of casinos.  It will only be a red flag if these casinos do not belong to a single operator, meaning they are probably unlicensed casino that uses a certain operator's casino license to trick gamblers into believing they are operating legally, when the actual truth is, they are illegal.

[promise444c5]

There’s absolutely no issue if I notice it, so far I can verify the license belongs to a reputable Casino.

There are some valid reasons a Casino might try to use multiple  branding for their business ,restrictions ,features, expansion…could be a bad one aswell - where we have Casinos hiding  a bad reputation in a particular region..

What really matter is doing your findings as a gambler  before depositing a huge amount for gambling..

[Crypto Library]

In this case, my answer will be no because, if the library or promotions and bonuses are all the same, then I have no need to go to a multi-pool casino, I can just choose any one of them. And the bigger issue here is that in most cases, it is seen that scammers copy a good and reputable casino and create a casino site to scam people. Depositing is risky.
So I will choose the most reputable casino among the casinos that look similar to this and skip the rest. And the issue of license is a normal thing to do, So I don't want to say anything more about this.

[Myleschetty]

I notice some online casinos launching under the same license, not sure if these are owned and operated by a single company or if that company offers white-label services.
I call them sister platforms 'cause they seem to share similar attributes.
1. Similar license across many different platforms, some new, some old
2. Similar game library
3. Similar promotions, bonuses, loyalty/vip program
4. Similar UI, site design

Won't these platforms have shared backend and player data? Even a shared system for deposits/withdrawals? (Probably not the case if it's whitelabel, cmiiw)

So, if you come across one of these platforms, would you be willing to sign up and place bets? Or would you prefer a standalone online casino? One that has its own license, design, and unique promotions.

P.S. I'm not saying it's a bad thing, just asking for some insights. 

There are many licensed casinos that are unreliable, and there are unlicensed casinos that are reliable, so a license alone does not define a good online casino. Nevertheless, some jurisdictions, particularly those with offshore licensing regimes, permit the use of the same license number; however, this largely depends on the type of license and the regulator.
White label and sub license platforms share the same license number for brands on their platform. Due to the rapid opening of casinos, this is highly favored by the Curacao casinos.

[Hispo]

Sure, I would willing to use a platform, even if that platform is a branch of a company which uses the same license to other ones.
As long as their reputation is strong and there is no register of wrong doing I am okey.
Besides, companies within the business of gambling and entertainment always seek to expand their operations for the sake of getting more money out their license.

In the hypothetical case casino like Stake acquired a popular service in order to add it to their ecosystem through their parent company, it would not mean the reputation of Stake would be affected.
Actually, it would likely prompt people to try the newly acquired service because it has indirect relation with Stake.

[Fivestar4everMVP]

So, if you come across one of these platforms, would you be willing to sign up and place bets? Or would you prefer a standalone online casino? One that has its own license, design, and unique promotions.

P.S. I'm not saying it's a bad thing, just asking for some insights. 

Well, even if multiple casinos operating under the same licence isn't a bad thing, I honestly can not trust any of those listed, or casinos mentioned on the list with my money because they are so unfamiliar, and myself have always tried to stay away from platforms that are no popular in and within their respective ecosystem especially when it concerns gambling.

Gambling is one ecosystem where it's usually very easy for any casino to wrap up and disappear with funds belonging to their users and the authorities won't or can't do anything about it solely because those who operated/managed the casino are unknown, something that doesn't or rarely happens with crypto exchanges because owners are doxxed.

So in the nutshell, I won't trust this casinos with my money, but then, if a popular, well known casinos like stake, rollbits etc operated under the same license, i really wont mind signing up and playing there.

[dimonstration]

I noticed all the companies share the same licence number, registration and address. Could it be it's the same company operating multiple brands?

The most important thing is that all have a very weak license. Hope it is not what I am thinking. 🤔

It’s either from a white label license or your assumption was right. As many already mentioned, Everything is fine if the reputation of everyone is good. It carries a high risk to them to protect their brand because there’s multiple casino needs to maintain good standing.

Most of the casino even reputable casino use license from Curacao, Anjouan or Costa Rica which are weak license.

[alegotardo]

[...]

So, if you come across one of these platforms, would you be willing to sign up and place bets? Or would you prefer a standalone online casino? One that has its own license, design, and unique promotions.

P.S. I'm not saying it's a bad thing, just asking for some insights. 

I do not see a problem with this... in fact, I think it is even safer when a startup casino, still without a robust structure or sufficient financial resources, buys a "white label" solution than tries to launch its own system.

Do you know why I think in this?
Because if they buy third party software, it is more likely that this software has been better tested, developed by a company that already has expertise in the website business and probably in gambling too, that person will also have access to security patches regularly, and sometimes even the support is outsourced.
But, if they launch their own software, who guarantees that they will have sufficient infrastructure to maintain that software, mitigate risks and also respond users in case of problems?

[TopT3ns]

[...]

So, if you come across one of these platforms, would you be willing to sign up and place bets? Or would you prefer a standalone online casino? One that has its own license, design, and unique promotions.

P.S. I'm not saying it's a bad thing, just asking for some insights. 

I do not see a problem with this... in fact, I think it is even safer when a startup casino, still without a robust structure or sufficient financial resources, buys a "white label" solution than tries to launch its own system.

Do you know why I think in this?
Because if they buy third party software, it is more likely that this software has been better tested, developed by a company that already has expertise in the website business and probably in gambling too, that person will also have access to security patches regularly, and sometimes even the support is outsourced.
But, if they launch their own software, who guarantees that they will have sufficient infrastructure to maintain that software, mitigate risks and also respond users in case of problems?

Cybersecurity is one of such important elements because startup usually fail to allocate the necessary resource to address this concern when trying to create their own solution. Casinos are guaranteed of updates in software, and protection of encryption which is more standard with a white label. Building in of technical support gives comfort of not being attacked by hackers or failure of transactions which would immediately create a negative image to their business actions.

[ralle14]

I'd probably create an account on most of them because I assume they'll still try to make their brand somewhat different from the rest, and then decide from there.

After that, it depends on how well they can keep their reputation going until they become one of the notable rising casinos.

I've also noticed these similarities with several sportsbooks or casinos, but I still put in the effort to create an account because they can be one of those hidden gems that offer better promos than the bigger casinos.

[julerz12]

Looks like the consensus is that it all boils down to their reputation. I guess if an old and reputable casino would like to branch out (maybe add new features like web3, prediction markets) and make a new sister platform, that would be okay, confidence in playing on that new platform would still be high. But, on the flip side, if these sister platforms are owned and operated by scammers - the type that launch a brand-new online casino, then fold and pack it up after raking in deposits and launching another one a couple of days later, that's the one to look out for.

So, if possible, avoid going all in; small deposits first just to test the waters, and don't be easily lured in by outrageous promotions that seem too good to be true.
The problem is, nowadays, if you don't look deep enough into these platforms, you might miss the signs, and you'll end up as one of the victims. Sad, really.

[HONDACD125]

Looks like the consensus is that it all boils down to their reputation. I guess if an old and reputable casino would like to branch out (maybe add new features like web3, prediction markets) and make a new sister platform, that would be okay, confidence in playing on that new platform would still be high. But, on the flip side, if these sister platforms are owned and operated by scammers - the type that launch a brand-new online casino, then fold and pack it up after raking in deposits and launching another one a couple of days later, that's the one to look out for.

So, if possible, avoid going all in; small deposits first just to test the waters, and don't be easily lured in by outrageous promotions that seem too good to be true.
The problem is, nowadays, if you don't look deep enough into these platforms, you might miss the signs, and you'll end up as one of the victims. Sad, really.

I personally think that if a single company is doing such a thing, they shouldn't give all their casinos different names and identities while the games library, promotions, and everything else is basically the same. For example, if an already reputable casino, such as Stake, decides to open another platform for web3 users, they will surely attribute it to their original casino so that their users know that it belongs to them, but if they create another platform with a completely different name but the same features only operating under the same license, that wouldn't make any sense, because if it comes to expanding the business, the other platform should have different games and features, etc.

So there can only be two reasons for such sister platforms to exist, the first one is obviously what you described that maybe it's a scammer group, creating diffferent casinos under the same license and closing one to open another after collecting good enough money through deposits. Or, it could be a company that allows people to pay some money and create their own casino while operating under their license, getting the general theme with some modification, and also the promotions, games, etc.

[bakasabo]

Fanta, Sprite, Coca-Cola, Nestea, Powerade, Monster are brands that operate under Coca-Cola management and I think they have share licenses on beverages. In OP question I think we have same situation, that one brand owner is managing several casinos and that is completely normal for business. As long as there is a valid license and casino has reputation, I would not worry much. Maybe it is easier to manage 4 medium size casinos that 1 big. Maybe that was done to separate business, income to pay less taxes.

[panjul07]

I dont mind with it as long as they are honest and have a good reputation already in the industry.
Lets say there are several brands under the same company, one of the brands is already confirmed of having bad product/service (scam) then I will stay away from the other brands under that company.

[acroman08]

So, if you come across one of these platforms, would you be willing to sign up and place bets? Or would you prefer a standalone online casino? One that has its own license, design, and unique promotions.

I wouldn't really mind if several casinos share the same license as long as they are good, reputable and actually pay their gamblers. That being said, the casinos that are shown in this thread and the discussion happening on the Luckycoin ANN thread make me sceptical about the credibility of all the casinos under that one license.

[ultrloa]

If it is gambling sites, as long as any of the sites are not having bad reputation but trustworthy, I can make use of  any of the sites.

It is very possible that the gambling sites are having the data of users because they are sister companies. This is one of the reasons it is good to research very well before using a gambling site.

I am using small amount of money to gamble. My country allows gambling. As long as my country is not restricted, I can use any of the sites to gamble.

But if one of the sites has bad reputation, I will not use any of the sister gambling site to gamble.

I am not implying those gambling sites on your image are reputed or not, this is just my own opinion about all gambling sites.

Right if they manage to have a good reputation and they don't have any problems then why not right?

But if there's one of those casinos have bad reputation and several people claims that they are been scammed then I think its no for us automatically. Since that is an indication that maybe all of those casino might scam all their gamblers and this is really bad if that situation would ever happen.