Golden Genie
Pros
Generous bonuses
Good website design
Few country restrictions
Good game library
Cons
Unclear regulatory status
High minimum withdrawal
Few payment methods
Only offers a Welcome Package
Unimpressive live game selection
Golden Genie Details
Table of contents
Golden Genie is a brand-new offshore casino that seems to fall somewhere in the middle of the pack when it comes to overall playing environment. Although this seems like a fairly decent house that offers certain advantages, there were also a few vital drawbacks. Join us while we take a deep dive into what Golden Genie has to offer to players. You will know whether or not this is the right casino for you by the end of the review.
Golden Genie Bonuses
Golden Genie offers a very generous Welcome Package that allows players to get huge bonuses. Keep in mind, however, that a Welcome Package is all you will get in terms of promotions. This will probably come as a disapointment to returning players. Most casinos try to keep clients returning with various Reload Bonuses, Free Spin promotions, Loyalthy Programs, Referal Bonuses, and Seasonal offers. Unforunately, this was not the case with Golden Genie.
Bonus | Min deposit | Max bonus | Wagering requirements | Cash out limit |
First Deposit Bonus | €20 | 400% up to €2000 + 100 spins | 50x | - |
Second Deposit Bonus | €20 | 200% up to €1000 + 50 spins | 50x | - |
Third Deposit Bonus | €20 | 150% up to €1000 + 25 spins | 50x | - |
Fourth Deposit Bonus | €20 | 100% up to €1000 | 50x | - |
Fifth Deposit Bonus | €20 | 100% up to €1000 | 50x | - |
As mentioned, the Welcome Package seems great. New playes can get bonuses on their first five deposits of €20 or more. There did not seem to be any cash-out limits but the wagering requirments were a bit too high. You will have to wager the deposit plus the bonus 50 times if you want to withdraw. You have 30 days to do so. This does not sound great considering the fact that most casinos only have wagering requirments of 30-40x..
Here are the bonuses included in Golden Genie's Welcome Package:
- First Deposit Bonus – You get an enormous bonus of 400% up to €2,000 as well as 100 free spins on Wish Master.
- Second Deposit Bonus – This is a 200% bonus of up to €1,000. You also get 50 free spins on Wild Wild West.
- Third Deposit Bonus – If you choose to activate this bonus, you will get 150% bonus of up to €1,000 as well as 25 free spins on The Hand of Midas.
- Fourth Deposit Bonus – This is a 100% bonus of up to €1,000.
- Fifth Deposit Bonus – The final bonus of the Welcome Package allows you to get100% up to €1,000.
Golden Genie License
Golden Genie is a brand operated by Golden Genie LTD. This company is supposedly based in Curacao and regulated by one of the four Master License Operators that regulate casinos in this country – Curacao eGaming. However, this casino's regulatory status is rather unclear at the current moment. Regulated casinos are obligated to display a digital license seal at the footer of their websites. This makes their license information easy to trace and confirm. This was not the case with Golden Genie. It is impossible to verify this casino's license.
All of this might be because this is a new establishment and might not be a reason for concern. It is worth keeping in mind, however, that this house's regulatory status is not clear, at least at the current moment.
Even if the casino does turn out to be unregulated, that does not always mean that they are a fraud. What it does mean, however, is that they have not met any particular requirement. You cannot be certain that such houses follow the procedures that regulated casinos do to guarantee player safety and equitable treatment.
Gambling regulations, which ensure legal compliance, fair play, and responsible gaming practices, have a significant impact on the gaming industry. Malta and the UK are the two most notable jurisdictions in the sector, each with its framework and approach.
Malta has emerged as a key hub for the online gaming industry thanks to its robust regulatory environment and favorable tax system. The Malta Gaming Authority (MGA) is in charge of licensing and overseeing gambling operations in the country. Online casinos, sports betting, poker, and other gambling activities are all included under the regulatory framework. Local laws aim to protect players, uphold game fairness, prevent money laundering, and promote responsible gambling. License holders are subject to stringent regulations that include age verification procedures, and various policies that promote responsible gaming.
In the UK, the gaming industry is governed by the UK Gambling Commission (UKGC). Operators seeking to enter the UK market must first obtain a license from the UKGC and adhere to strict requirements for fairness, integrity, and openness. Strict regulations are in place to prevent underage gambling, prevent money laundering, and ensure that operators contribute to the solution of problem gambling by funding helpful resources and tools for responsible gaming.
Curacao has also turned into a favored destination for online gaming websites in recent years. The Curacao Gaming Control Board is the regulatory body in charge of overseeing and the island's gaming industry. Its reputation for providing easily accessible and fairly priced license options has drawn in a lot of operators. Curacao offers a more straightforward licensing process than most other jurisdictions. To be granted a Curacao gaming license, operators must nevertheless demonstrate the integrity of their company, implement anti-money laundering measures, and attest to the existence of player protection measures. Although a Curacao license provides less guarantees than a UK or Maltese one, it is still a very good option for operators that want to prove their reliabillity.
Golden Genie seems to offer a very limited number of responsible gambling tools. The casino does not allow underage gambling and provides tips and outside resources but that is pretty much it.
One of the good things about Golden Genie, on the other hand, is that people from most countries will be allowed to open an account. This casino's list of restricted countries is very short.
Restricted countries: United States, United States Minor Outlying Islands
Languages: English, French, German, Italian, Portuguese, Spanish, Swedish (Svenska)
Golden Genie Deposit and withdrawal
Golden Genie supports a rather limited number of payment solutions. You will only get to deposit with your Visa or MasterCard card, in a few popular cryptocurrencies, or using the prepaid voucher Neosurf. The minimum required deposit is €15 which is rather standard. The maximum amount of money you can deposit in a single transaction is €1000. All deposits are processed instantly and free of charge.
Deposit method | Minimum | Maximum | Processing time | Fee |
Credit/Debit Card | €15 | €1000 | Instant | Free |
NeoSurf | €15 | €1000 | Instant | Free |
Crypto | €15 | €1000 | Instant | Free |
The only possible withdrawal methods are bank transfer and crypto. The minimum withdrawal requirements are disappointingly high – at least €100 for wire transfer, and between €100 and €200 for crypto (the exact amount depends on the crypto). Withdrawals are typically processed in between 24 and 48 hours which is fairly fast. There are also no withdrawal fees charged by the casino.
Withdrawal method | Minimum | Maximum | Processing time | Fee |
Bank | €100 | €5000 | up to 48 hours | Free |
Crypto | €200 | €5000 | up to 48 hours | Free |
The maximum amount of money you can withdraw in a week is €5000. Golden Genie did not mention any other specific withdrawal limits or play-through requirements.
Golden Genie accepts deposits made in one of the following currencies:
Currencies: Australian Dollar (AUD), British Pound Sterling (GBP), Euro (EUR), Canadian Dollar (CAD), Swedish Krona (SEK)
Golden Genie Games and game suppliers
Golden Genie works with some of the best game providers in the industry. In this casino's game catalog, you will find games developed by PragmaticPlay, Wazdan, Yggdrasil, Nolimit City, Play'n Go, etc. This means you can expect to get access to plenty of popular, high-quality titles. The casino's game library is well-organized which makes finding what you are looking for quite effortless.
Game providers: Amatic, Apollo Games, Betsoft, Booongo, EGT Interactiv, Hacksaw, Igrosoft, IGTech, Merkur, Microgaming, NetEnt, NetGame, Nolimit City, Platipus, Play'n GO, Playson, Playtech, PragmaticPlay, Push Gaming, Quickspin, Red Rake, Retro Gaming, Relax Gaming, Smartsoft Gaming, Spinomenal, Spribe, Tom Horn, Yggdrasil, Vivo Gaming, Wazdan, Other
- If you are into Slots, Golden Genie has you covered with plenty of popular games with great graphics, engaging mechanics, and imaginative themes. You can enjoy games like Big Bass Bonanza, Book of Tut, Wolf Gold, Gates of Olympus, Buffalo King, Sweet Bonanza, Fruit Party, 5 Lions, Madame Destiny Megaways, Starburst, Spartan King, Mighty Kong, Gold Rush, Rise of Merlin, Sails of Gold, Reactoonz, etc. The selection of Jackpot slots was very varied. Keep in mind, however, that the casino only offers a small selection of Megaways.
- If you like playing online Table Games, the house has you covered with a handful of such titles – Classic Blackjack, Single Deck Blackjack, Jacks or Better Poker, French and American Roulette, Zoom Roulette, Oasis Poker, Pontoon, Red Dog, European and American Blackjack, Triple Edge Poker, etc.
- The Live Casino section was far less impressive. We only got access to about 50 games, all of them casino-based. This will surely disappoint fans of Game Shows – no such titles were available. You can play a few different live dealer versions of popular games like Baccarat, Blackjack, Poker, and Roulette. As far as live games go, this has to suffice.
Golden Genie offers a decent game library overall – as long as you prefer slots. The Live Game section was not very impressive and no Game Shows were available. Moreover, the casino does not offer sports betting which makes it a rather poor choice for fans of this sort of gambling.
Conclusion
Golden Genie is by no means a bad casino – but we have definitely seen better.
The casino's website design is clean and sophisticated which might be exactly what some players are looking for. The house works with some of the best, most established game providers and offers a varied collection of slots. The Live Casino section, however, failed to impress. Although Golden Genie offers a very generous Welcome Package that is about everything they have to offer in terms of bonuses. Finally, although the casino's payment policy seemed fair overall, the selection of payment methods was scarce. The fact that this is an offshore casino with a rather uncertain regulatory status was the last nail in their coffin.
Give Golden Genie a chance by checking out their website – the casino might be what you need. However, we would recommend considering a few additional options to make sure you are making the best decision.