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

[Furious 7]

This depends on how they manage their sites because in this case I think there must be something like this because they know the gambling business will be very profitable so there will definitely be conditions where affiliates or even several sites are in the same shade.

The focus here is still on the reputation they have, if they have a lot of sites but their reputation is tarnished then I will never try to play wherever the site is even though out of 3 sites maybe only 1 site is damaged in terms of reputation but when they are in the same shade I think there is no guarantee for the other 2 sites to be clean but if their reputations are all good and I am comfortable being on one of their sites then maybe I will try to do it.
But in this case I myself have never played any of the sites you linked although there are some of them on bitcointalk but I have never been on them because I am still comfortable with the other sites I still play.

[michellee]

No problem as long as the company is trusted and reliable.  They spread their gambling business into some casinos and manages by different teams so that is good for diversification. But if one of their casinos don't works good or scams their members, we can asking to their company.

I might just register but I will wait other members reviews before I deposit. I want to know more about the casino and makes sure that is good and no problem for me. I could deposit small amount to test the site before or after reading the review so that will not be a problem for me.

[Dr.Bitcoin_Strange]

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.

If the parents company has a previous scam issues that was not resolved by them, I do believe that there's a probability that the subsidiaries could also attempt same thing, although it might not happen but someone playing there will just have to be extremely careful so that they don't stake with a huge and end up losing the money through exit scam by the casino.

[dimonstration]

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.

If the parents company has a previous scam issues that was not resolved by them, I do believe that there's a probability that the subsidiaries could also attempt same thing, although it might not happen but someone playing there will just have to be extremely careful so that they don't stake with a huge and end up losing the money through exit scam by the casino.

That’s the disadvantage of having the same license. They might claim they are separate entities but what is the assurance that they will not follow the move of other companies under same license if there’s a convenience to exit scam too just to getaway with liability or players money.

It can be advantageous too when the brand is very reputable because it will lift other casino reputation.

[Akbarkoe]

]

If the parents company has a previous scam issues that was not resolved by them, I do believe that there's a probability that the subsidiaries could also attempt same thing, although it might not happen but someone playing there will just have to be extremely careful so that they don't stake with a huge and end up losing the money through exit scam by the casino.

Whether it is a holding company or not when the affiliated casino has a history of cheating other casinos may also be possible or even those that have not previously had a good reputation caution or vigilance needs to be done, but it is indeed a more dangerous situation when there are casinos that have been proven to commit fraud.

Today we really have to be careful in choosing a casino because it's not just one or more of the same licensees committing fraud or even the same company owns many casinos, as gamblers must be more in-depth in reviewing the casino where they play.

[Orpichukwu]

And from what I understand, it's easy to get this licenses, all you have to do is to pay for it and then you can go established your casinos. And they are out once you release your casinos that turns out to be a scam.

It's easy to get, but not that easy. According to what I was reading about gambling licensing, Curaçao is one that offers gambling businesses some cheap and good leverage; their licensing and registration fees are just within $50,000 and below, excluding legal and minor fees, and it takes weeks if not months to get it approved. The physical document verification, I don't think that process usually commences.

So I wouldn't say that it is enough, however, it seems that they are the gold standard as far as gambling license is, that's why they've gain so much reputation that almost all casinos apply and where them like a badge of honor.

They are one of the few which offer international licensing, and according to them, no separate kind of licensing is needed for various games. Those who are in the casino business know why they always run to it first, and we gamblers always do see them as top until there are a lot of scam casinos which used to parade the same license.

[Zwei]

Won't these platforms have shared backend and player data?

unless they are being run by the same person, i don't think so. each of those casinos probably has its own server or is run isolated from the others on the same server.
but the provider who is offering the whitelabel surely has access to database info etc... since they are the ones who maintain the website and do the dev work.

Even a shared system for deposits/withdrawals? (Probably not the case if it's whitelabel, cmiiw)

you are not wrong on that.

So, if you come across one of these platforms, would you be willing to sign up and place bets?

if it's some random casino using some no name whitelabel, i'm not touching that shit.

Or would you prefer a standalone online casino? One that has its own license, design, and unique promotions.

i would always prefer this over anything else.

[yahoo62278]

I know sportsbet.io had a sister casino and possibly a 3rd. I don't recall the names right off the top of my head, but if the companies are operating without scamming I am mostly on board with it being ok. I do feel like a license isn't that expensive though and companies with a bankroll could afford one on their own.

The issue for me is if 1 license holder in the group is scamming users, I feel like all are guilty. The companies would argue differently, but maybe that's the point of sharing the license? Maybe they scam with 1 company to build a bankroll and run the others legit? Interesting to think about isn't it.

[Ishicryptic]

I believe that the reason why a company will register more than one casino in the same name is to prove that they are reputable, I don't think that a scam company will want to risk letting the public to know that they own more than one platform. They must know that if they scam their customers in one of their platforms that it will affect the reputation of the other ones so I think it's quite safe to gamble in such affiliated casinos. I don't even check if the casino that I'm gambling in has other casinos with the same owner, inasmuch as they have an excellent ratings that is where I'm mostly concerned about.

[Fivestar4everMVP]

I believe that the reason why a company will register more than one casino in the same name is to prove that they are reputable, I don't think that a scam company will want to risk letting the public to know that they own more than one platform. They must know that if they scam their customers in one of their platforms that it will affect the reputation of the other ones so I think it's quite safe to gamble in such affiliated casinos. I don't even check if the casino that I'm gambling in has other casinos with the same owner, inasmuch as they have an excellent ratings that is where I'm mostly concerned about.

You got the whole stuff wrong bud, the op is not talking about a company registering many casinos under one name, the op is talking about a licence company registering and assigning a licence number to more than one casino, this is very much different from what you assumed it was which is a company registering a sister company under same brand, which Ive seen some company do any ways, like the company that owns 1xbet and 1xbit, but still, this two casinos do not operate with the same licence.

If you ask me, like I've said before in my previous comment, I will be very careful of any casinos that operate under the same licence and number, because licence number is something majority of gamblers don't look at or take notice of, it's easy for anybody while trying to save cost of registration register multiple scam casinos under the same license number, knowing fully well that gamblers will hardly notice this.

[impulse709]

I believe that the reason why a company will register more than one casino in the same name is to prove that they are reputable, I don't think that a scam company will want to risk letting the public to know that they own more than one platform. They must know that if they scam their customers in one of their platforms that it will affect the reputation of the other ones so I think it's quite safe to gamble in such affiliated casinos. I don't even check if the casino that I'm gambling in has other casinos with the same owner, inasmuch as they have an excellent ratings that is where I'm mostly concerned about.

You got the whole stuff wrong bud, the op is not talking about a company registering many casinos under one name, the op is talking about a licence company registering and assigning a licence number to more than one casino, this is very much different from what you assumed it was which is a company registering a sister company under same brand, which Ive seen some company do any ways, like the company that owns 1xbet and 1xbit, but still, this two casinos do not operate with the same licence.

If you ask me, like I've said before in my previous comment, I will be very careful of any casinos that operate under the same licence and number, because licence number is something majority of gamblers don't look at or take notice of, it's easy for anybody while trying to save cost of registration register multiple scam casinos under the same license number, knowing fully well that gamblers will hardly notice this.

I believe that there is a substantial distinction between a business holding several different brands of casinos and a number of different casinos that are all licensed with the very same company. Some gambling regulators actually permit one license to be utilized for a number of platforms, so it is not a scam indicator. But I think that players need to be careful, particularly when playing with new or not so well-known casinos. Many gamblers only consider the license badge and not the reputation score, withdrawal history or player reviews of the casino. Ultimately, trust and reputation will be more valuable than sharing or posting a license number.

[suzanne5223]

I believe that the reason why a company will register more than one casino in the same name is to prove that they are reputable

That does not show a casino is reputable because we can only know a reputable casino based on the gaming service, support team's response to issues, and gamblers withdrawal experience.

I don't think that a scam company will want to risk letting the public to know that they own more than one platform. They must know that if they scam their customers in one of their platforms that it will affect the reputation of the other ones so I think it's quite safe to gamble in such affiliated casinos.

That's the drawback when white label platform or affiliate team uses a single license for different brands, which is not against their license rules and regulations. But this thread was open because one of the brands on the OP page was already accused of scam on this forum and they never resolved the issue as we speak.

[Sandra_hakeem]

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.