Gambling exists in many forms, and while land-based gambling has been regulated in various countries around the world, online gambling regulations were implemented only two decades ago or so.
The truth is, regulators were afraid whether they could manage to take control over the online gambling, since when something is online, it is available all over the world, and all kinds of people can access it, minors included. Moreover, websites can get easily hacked and people’s money seemed utterly unprotected. But with time, countries, where land-based gambling was already well-established, started creating conditions, rules, and requirements that would make the monitoring process easier, and the online gambling experience better and fairer for operators and players.
History of Kahnawake Gaming Commission
As mentioned, Kahnawake, the Indian Territory in Canada, was the first one to start licensing online gambling operators. As such, it used to be quite liberal with the regulations. The online gambling market in Kahnawake was launched on the 8th of July, 1999, when the Kahnawake Gaming Commission enacted its Regulations Concerning Interactive Gaming.
In recent years, though, the Kahnawake Gaming Commission, seeing how other reputed regulators worked, had become more serious about its duties. However, its liberal nature at the beginning cost it many licensees who choose to be licensed by other watchdogs, mainly due to stock-trading reasons or financial stuff. Due to it strengthening the rules for gambling and licensing, and thanks to the lesser fees and tax requirements when compared to other jurisdictions, many casinos still choose Kahnawake Gaming Commission over any other.
