AAMS License: Regulations For Canadian Online Casinos

Since late 2006, AAMS, which is short for Amministrazione Autonoma dei Monopoli di Stato or Autonomous Administration of the State Monopolies, has been the sole regulatory and license-issuing authority in Italy. AAMS is responsible for monitoring and regulating gaming, with the AAMS license being one of the most popular, strict, and transparent licenses in the world. This authority covers the online gambling sector by ensuring compliance of AAMS Canadian casinos, as well as controlling the proper licensing of AAMS licensed Canada casinos’ activity. Casinos with an AAMS license must follow certain laws, whose implementation is overseen by AAMS and is continuously monitored for compliance by licensees and traders in the market.

The Process for Obtaining an AAMS Casino License

After applying for an AAMS casino license, applicants need to follow strict procedures related to the manner gambling services will be offered by them, as well as to their business practices and players’ accounts. AAMS Canadian casinos face penalties of criminal charges, fines, and more, if they fail to comply with the laws that define the AAMS license. This allows gamblers and players that choose AAMS Canadian casinos to feel safer, since they know the AAMS license comes with very strict punishment should AAMS licensed Canada casinos do not comply with the full law on gambling and iGaming.

Compliance and Player Protection in AAMS Licensed Canada Casinos

Moreover, in February 2011, the Italian government passed legislation which allowed online casino and poker games to be made available to punters. Also, online poker satellite and tournaments up to €250 were encompassed by the law called “Comunitaria”. It was then that the AAMS license got even stronger, with operators allowed to enter the Italian market after getting an AAMS casino license, and offer casino and poker games to players. The launching of such games by AAMS Canadian casinos has to be done after a notification has reached AAMS 30 days in advance. Then, casinos with an AAMS casino license have 90 days to meet the requirements outlined in the “Comunitaria” law.

All AAMS licensed Canada casinos must undergo a lengthy process of authorization before obtaining an AAMS license. This process includes the submission of certification for a platform providing casino games, card games, and skill games. The AAMS license and its proper use by AAMS Canadian casinos is overseen by AAMS, the Italian government, and the Italian police, which is the acting law enforcement body in matters related to the AAMS casino license. Player protection is a top priority for AAMS, and AAMS Canadian casinos must comply with laws related to minimum player age, reporting of player balances, and the management of player balances connected to the casino’s accounts.

Over 30 online casinos worldwide hold an AAMS license, including AAMS licensed Canada casinos, which must adhere to terms and conditions set by AAMS to keep their AAMS casino license valid. Non-compliance can lead to severe penalties.