Casino Lab Review 2020: Everything you Need to Know

Overview

Casino Lab is a popular, new casino operated by Genesis Global Limited, a well-known gaming, and casino group. It is regulated and operated under the license of the Malta Gaming Authority. Casino Lab offers more than 1300 games developed by top software providers like Microgaming, Evolution Gaming, and several more. Games are available in various languages. This casino stands out because of its great platform design, promotions, and game selection  The owner Genesis Global is one of the fastest-growing gaming groups in Europe. Casino Lab offers several welcome bonuses and promotions for its players. This casino has also partnered with prominent industry names like NetEnt, PlaySoft, and several game developers globally.

Casino Lab - Overview Casino Lab – Overview

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What is Casino Lab?

Casino Lab was created in August 2020, and it is one of the latest casinos operated by Genesis Global Ltd, an organization that is responsible for the functioning of several popular, smaller online casinos. Casino Lab site offers more than 1300 games that are designed to attract every online casino player. One important thing we’d like to mention in our review is that the Casino lab is regulated and licensed by the Malta Gaming Authority, which is known for its strict security data protection and gambling measures. Under this regulatory authority, there are certain stipulations that all casino operators should adhere to; and they are supervised by this authority carefully.

Features

Let’s take a look at Casino Lab’s Important features-

  • Casino Lab was created very recently, and it is a sister site to other online casinos like Casoola, Casino Planet, and several more. This casino is a secure and safe gaming platform that adheres to strict regulations. Presently this online casino does not accept any members from the United Kingdom.
  • This casino offers more than 1300 no-download playable games on their desktop site, and more than 100 games can be used on mobile devices. Casino lab has more than  50 table games. It has associated itself with 13 game developers, consequently improving the gaming experience for its users.
  • Casino lab’s website is easy to use and helps players navigate easily. It also offers a monthly bonus, and it has a game lobby letting players move swiftly and seamlessly from one game to another.
  • Casino lab’s games are also available for play on iOS and Android devices. With this option, players can gamble on the go.
  • Casino members can play using a web browser option. This means that they do not need to download any app.

Pros and Cons of Casino Lab

We’d like to mention the pros and cons of the platform in this review –

Pros Cons
  Casino Lab site is regulated and licensed   Withdrawal fees are a bit high
  The website offers unique content and a wide choice of games   Payment methods need improvement
  Provides a very generous Welcome Bonus   United States residents are not accepted
  The platform is easy to navigate  
  Provides 24×7 customer support  

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Payment Options

The website has a wide choice of deposit and withdrawal payment options. Players can use Visa or MasterCard, or they can even choose e-wallets like Neteller, Skrill, Ecopayz, or wire transfer to make their deposits. Whatever option a player chooses, the processing time is minimal. Coming to withdrawals, the options are the same, but the processing time for MasterCard or Visa, and bank transfer with Rapid Transfer might take 72 hours.

Fees

The minimum amount to deposit is €10, and the maximum amount to deposit can range from €1900 to €2300 for every transaction. Further, the minimum withdrawal amount is €10, and the withdrawals are processed within 72 hours when the player places a withdrawal request. A fee of 2% is applied to all withdrawals, and if the player chooses to close their account, a 3% fee is deducted from their balance.

Deposits and Withdrawals

If the player wants to deposit their funds, they can use several options like credit card, debit card, visa, and MasterCard; they can also use e-wallets like Neteller, Skrill, Ecopayz to make deposits. As we mentioned earlier in the Casino lab review, Casino Lab’s transactions should have a minimum deposit of €10, and the maximum withdrawal amount can vary depending on the payment option chosen by the player.

Security

Casino Lab is owned by Genesis Global, an organization operating under two regulatory authorities, and it owns an MGA license, which means that it has gone through strict measures before being awarded the license. Genesis holds a UKGC license. The regulatory authorities for online casinos impose strict regulations to make sure all the regulations are adhered to.

Regulation and License

The Casino Lab website is managed and operated by Genesis Global, and it is incorporated under Malta laws (C65325). Its registered address is 28, GB Buildings, Level 3, Watar Street, Ta’ Xbiex, XBX 1301, Malta. It is regulated and licensed by MCA, license number MGA/B2C/314/2015, which was issued on 5th August 2016. It is also regulated by the UK Gambling Commission, and the license number is 000-045235-R-324169-008.

Banking Options

Let’s review Casino Lab’s banking options – 

  • Casino Labs’ banking process is straightforward and easy. Casino Lab offers several payment methods on its site, which include everything from credit cards, debit cards to e-wallets.
  • Depositing funds is very easy, but if you are withdrawing the first time, the user needs to verify themselves to receive their withdrawal. This can be done by sending the required documents to the team, which will be verified in a few days. This process is carried out for complying with gambling regulations, which are enforced by anti-money laundering laws and the Malta gaming authority.
  • Concerning data security, Casino Lab uses one of the latest encryption technologies, which ensure that the documents are processed safely. This encryption is what makes the site a reliable and safe platform to play on.

GDPR

Casino Lab strictly adheres to GDPR rules. General Data Protection Regulation (GDPR) laws are changed to protect the rules which are already in place to safeguard the players. This also keeps the companies operating in the EU in check. The GDPR is to be strictly adhered to, particularly when it involves personal information like name, photo ID, address, email address, financial information, PC or mobile device, IP address; in short, all the details by which the company can easily identify their players so that their information and privacy are protected.

Registering an Account

Registering an account with Casino Lab is simple and easy. All you need to do is go to the Casino Lab site and click the sign-up button. Then you would need to create a username, a strong password, enter your email id and mobile number. The next step is to enter your first and last name, date of birth, and gender. The last step of registration is to enter your address and your preferred currency for transactions. One thing to keep in mind is that players from the United States are not accepted. Casino Lab offers various security measures so that users gamble responsibly.

VIP Club

Casino Lab has a special VIP club; if the customers are a part of this, they will receive perks like their own personal account manager, a personal withdrawal plan, entry to the monthly prize draw, exclusive holiday packages, and several more. The player should wait till they are invited to this club, but once they are in the club, they enjoy several benefits offered by Casio Lab.

VIP Club offered by Casino Lab VIP Club offered by Casino Lab

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Software used by Casino Lab

This is a list of the software providers’ used by Casino Lab – 

  • NetEnt
  • Microgaming
  • Play N Go
  • ISOFT bet
  • Big Time Gaming
  • Yggdrasil
  • Red Tiger
  • Skywind
  • Push Gaming

Game Categories

The different categories of games at Casino lab are: 

  • Live Casino
  • Jackpots
  • Video Slots
  • Game Providers
  • Live Roulette
  • Classic Slots
  • Roulette
  • Live BlackJack
  • Table Games
  • Blackjack

Casino Lab - Games Offered Casino Lab – Games Offered

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Games offered

  • When it comes to games, Casino Lab site provides more than 1300 games and several free spins that can be played with no download required, Casino Lab has 1000 games on its mobile site and more than 50 games for its live casino where players can play with real money. You will find some of Casino Lab’s hottest games on their homepage like play n go, and a sidebar sorts the games by mobile, casino, and live casino.
  • Casino lab has partnered itself with Microgaming, NetEnt, Evolution Gaming to provide its players a great experience.
  • For jackpot slots, there are more than 70 games. Some of the more popular ones are Mega fortune, mega moolah, and stolen stones. You’ll also find red Tiger slots with daily jackpots. 
  • American, French, and European versions of roulette are available for play as video games. Video blackjack has both Vegas strips and Atlantic city versions. You’ll see Baccarat, Spingo, mini bingo slots, and 20 video poker machines in this area.

Table Games

Table games include Baccarat, roulette, blackjack, and several more. The table games are variations of typical 3 with flashy graphics.

Scratch Cards

Casino Lab offers scratch cards, Bingo, Keno, and several other games of chance. As we mentioned earlier in the review, Casino Lab offers a plethora of casino games, multiple scratch cards, luck-based games, and keno cards. 

Slots

Nearly 75% of Casino Lab’s games are slot games. When joining, Casino Lab bonuses are capped at €100, and it might increase several-fold. In other games like jackpot games, one of the major downsides is the average return to users of any of the games is 83%. For video slots, it offers 11 free spins, bonus and there are no wagering requirements. Terms and Conditions apply.

Casino Lab has several jackpot slot games like –

  • Mega Fortune
  • Mega Moolah
  • Holmes and the Stolen Stones
  • Leprechaun Goes to Hell

Live Casino

One thing we should mention in our review is that the Casino lab has partnered itself with Evolution Gaming and NetEnt for its online live casinos. Live casinos are created to mimic land-based casinos and place their bets in real-time. Some live casino games include blackjack, roulette, Deal or no deal, Monopoly Live, and lightning dice.

Wagering Requirements

A bonus is considered extra money added to the bankroll. Players can take advantage of this and increase their chances of winning. The bonus size varies, and it needs to be wagered before being withdrawn. The deposit bonus and the free spins need to be wagered 40 times unless it is specified otherwise. The player can make a withdrawal by fulfilling the wagering requirement, but it might result in them losing the bonus money, and they would have to forgo the related winnings.

Mobile Casino Lab

Casino Lab also has a mobile app and a mobile compatible web page. The app provides over 1000 games, and that load quickly, which is key to a good gambling experience. 

Player Protection 

Concerning player protection, Casino Lab provides payment limits, loss limits, and betting limits. This can be set one week, per day, or month. It also offers the possibility to limit the session. There is the option to completely close the account or choose a break for 6 months, 1 year to 5 years. These measures let users gamble responsibly and limit the possibilities of gambling problems. 

Welcome Bonus

  • One of the benefits of Casio Lab is that it offers its new players four types of welcome bonuses where the first deposit bonus is applied automatically with the minimum deposit, while the balance needs promo codes. Casino Lab also gives free spins, reload bonuses, and VIP access through a welcome deposit bonus. Casino Lab gives players who can win up to €1500 as winnings 300 free spins. 
  • At Casino Lab, new players can select either a live casino slot or a welcome bonus. These are the deposit bonus terms for each deposit –
Deposit Match Maximum Deposit Bonus
  First   100%   10,000 + 30 free spins
  Second   50%   10,000
  Third   25%   5,000
  Fourth   25%   5,000

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  • For slots, the player can get up to €1,500 and 200 free spins on their first deposit. They can also choose the right casino lab bonus when they make their first transaction. Starting from the second deposit bonuses, Players need to enter bonus codes.
  • With the first deposit, the players can get up to €300 and 300 free spins, which need to be used in 10 days. By using the second deposit, players can get €400 that will be matched up to 50%.

Customer Support

Casino Lab’s customer support can be reached through live chat, phone, and email. Customer support is very professional and polite. The live chat option is offered only to registered users, and the email support can be reached 24 hours. Casino Lab and its customer support executives are available in English, Norwegian, Finnish, and German.

Wrap up

Hopefully, this review of the Casino Lab will have given you a good idea about how it works. Its content, intuitive design, and easy to use interface make it appealing for players to visit and play. Casino Lab’s welcome bonuses and promotions are some of the best available online, making it one of the best online casinos in the world. One last thing we’d like to mention in our review is that before going for any online casino, go to their website and always read the terms and conditions.

FAQs

1. Does Casino Lab offer a welcome bonus?

Yes, the Casino Lab website offers a welcome bonus; players get €1,500 and 300 free spins when they make their first deposit of €20.

2. Do Casinos Cheat?

Some sketchy casinos out there cheat their players, and they might not return the player’s profit money. These are usually not regulated. Considering that Casino Lab is regulated and complies with the Malta regulatory authority, players can safely play on this platform. Casino Lab gives its players a level playing field to win real money through online games.

3. What is the time taken for the withdrawal of funds?

It takes 24- 72 for the withdrawal to be processed.

4. When will the free spins be allotted?

Normally, the free spins are credited to the player’s account within 24hours after the deposit is made.

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