Golden Lion Casino Review: Scam or Safe?

Golden Lion Casino is a relatively new casino brand which has yet to acquire its official gaming license and establish its reputation. That said, the Casino offers a fairly comprehensive selection of well over 500 games including live a table casino games like Blackjack, Baccarat and Roulette both American and French, Video Poker, Texas hold’em, Caribbean poker, Oasis poker as well as Bingo, Scratch Cards, Keno, Plinko, Punto Banco, Hi-Lo, Dice and Craps. And you will surely be able to enjoy a great variety of slots, including Jackpot Slots and Megaways by some of the leading software providers in the gaming industry as well as some highly attractive bonuses and promotions like the 6000 EUR Welcome Bonus pack and the option to bet on sports.

Language support

Languages: English, French, German, Italian, Portuguese, Spanish, Swedish (Svenska)

Bonus

As we already noted Golden Lion Casino offers a fantastic Welcome Bonus Package potentially as high as 6000 EUR plus a number of free extra spins on some of the most popular slots.

The Package is open to eligible new players and includes five match bonuses, which you will get with your five initial deposits. Your first deposit of at least 20 EUR will bring you a 400% matching bonus potentially as high as 2000 EUR. On top of that you will also be granted 100 Free Spins, which you will have the pleasure to play on Dead Or Alive slot by NetEnt. Your second deposit on the other hand, once again of at least 20 EUR will grant you a 200% match bonus, this time potentially as high as 1000 EUR. And here again the bonus comes with a number of Free Spins – 50 to be precise, which you will have the pleasure to play on Book of Vikings, a slot by Pragmatic Play.

And that is not all, because your third deposit will bring you a 150% match bonus, also potentially as high as 1000 EUR and once again the bonus will be available with a minimum deposit of just 20 EUR. Here however your 25 Extra Free Spins will be available on Bee Hive Bonanza once again by NetEnt.

The fun with Golden Lion Casino however does not end here either. With your fourth deposit of just 20 EUR you will get a 100% match bonus also potentially as high as 1000 EUR, and with your fifth deposit you will get the same treat – a 100% match bonus potentially as high as 1000 EUR.

Bear in mind however that the second, third, fourth and fifth deposits must be made within seven days of the first deposit in order to qualify for their respective bonuses.

Of course such bonuses come with certain withdraw conditions. Basically all welcome package bonuses are subject to a minimum 50x play-through requirement before being transferred to your cash balance, so that you will be able to withdraw them along with your winnings.

Bear in mind as well that different games contribute a different percentage towards the wagering requirements. Slots for example contribute 100% along with Bingo, Scratch Cards and Keno, while all Live, Table and Card Casino games excluding Baccarat contribute just 10%. Also Video Poker contributes 2%, while Baccarat and all Jackpot Slots do not contribute towards the wagering requirement at all.

And because Golden Lion Casino might opt to reward you with a no- deposit bonus upon registration, bear in mind as well that withdrawals of winnings generated through free, no-deposit bonuses are limited to 100 EUR. In addition such bonuses might be subject to a minimum wagering requirement as high as 100 times the bonus amount.

License

As we already noted Golden Lion Casino is a relatively new casino brand which has yet to acquire its official gaming license and establish its reputation. The Casino is owned and operated by Goldengenie LTD, a company registered in Curacao at Hollandia 87 perst H18, MAD ENTRITANMENT DS DV., another company, which has contractual relations with Goldengenie LTD, as well as Goldenlion LTD N.V. and Goldenlion LTD. Goldengenie LTD says to operate under a license, but unfortunately we were not able to verify this in the registers of the Curaçao Gaming Control Board (CGCB), the sole official regulatory body in the Netherlands Antilles when it comes to the gaming industry. That said, we are sure that Golden Lion Casino will secure its gaming license with CGCB as soon as possible.

Bear in mind that most casino operators offering their services online to clients around the world do prefer to secure their licenses from the Curaçao Gaming Control Board (CGCB) in Curacao.

Bear in mind as well that Curacao, which is a Dutch Caribbean offshore territory in the Minor Antilles, has already attracted virtually thousands of online casinos servicing gamblers from all over the world, and that is not surprising at all given the relatively low regulatory costs and taxes, allowing casino operators to offer far more generous bonuses and promotions compared to casinos registered in Malta or the UK for example – two other major regulatory hubs when it comes to the gaming industry in general. To make the long story short a Curacao gaming license gives players reasonably good protection when it comes to the safety of their funds and relatively flexible options when it comes to casino operators.

Otherwise, the Curaçao Gaming Control Board (CGCB) actually oversees casino operators through four master license operators – Curacao Antillephone N.V., Curacao eGaming, Curacao Gaming Services Provider N.V. and Curacao Interactive Licensing N.V., which basically act as supervising agents and report directly to CGCB.

As a matter of fact since 1996 the government of Curacao and the Curaçao Gaming Control Board have issued four master licenses alone, delegating their entire authority to the above mentioned Master License Operators, particularly when it comes to the oversight of online casino operators.

And bear in mind that residents of some countries are not allowed to open a play account at Golden Lion Casino. Those countries include places where gambling is prohibited altogether or where it requires special authorization like France and its territories, the UK and its territories, the U.S. and its territories, the Netherlands and its territories as well as Israel, Iran and South Africa.

Also the Casino states in its Terms and Conditions that it does not warrant the legality of your registration with the Casinos in terms of the laws of your jurisdiction.

Restricted countries: Afghanistan, American Samoa, Aruba, Bahamas, Bonaire, Sint Eustatius and Saba, Botswana, British Indian Ocean Territory, Cambodia, Christmas Island, Cocos (Keeling) Islands, Curaçao, Ethiopia, Falkland Islands, France, French Guiana, French Polynesia, French Southern Lands, Ghana, Gibraltar, Guadeloupe, Guam, Guernsey, Heard and McDonald Islands, Iran, Isle of Man, Israel, Jersey, Korea, North, Martinique, Mayotte, Montserrat, Netherlands, Netherlands Antilles, New Caledonia, Norfolk Island, Northern Mariana Islands, Pakistan, Palestine, Panama, Philippines, Puerto Rico, Reunion, Saint Barthélemy, Saint Helena, Saint Martin (French part), Saint Pierre and Miquelon, Serbia, Sint Maarten (Dutch part), South Africa, South Georgia and South Sandwich Islands, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, United Kingdom, United States, United States Minor Outlying Islands, Virgin Islands, British, Virgin Islands, U.S., Wallis and Futuna Islands, Yemen

Deposit and withdrawal

The minimum amount to open a play account at Golden Lion Casino is just 20 EUR or currency equivalent and so is the minimum amount you will be able to withdraw.

The maximum amount you can withdraw in a single transaction on the other hand depends on the payment method of your choice as well as some daily, weekly and monthly withdraw limits imposed by Golden Lion Casino. So if the requested amount exceeds the limit of a particular payment system, the amount will be withdrawn in installments.

More to the point Golden Lion Casino has certain monthly and weekly withdraw limits. With a standard account you may withdraw up to 5000 EUR per week and 20 000 EUR per month. There is also a 5000 EUR withdraw limit with a single transaction.

Also if a your single withdrawal or cumulative lifetime withdrawals total five times or more than the value of your lifetime deposits, then the withdrawal will be issued in increments of 5000 EUR per week.

Also bear in mind that while deposits are always instant and free of charge, withdrawals might take a few days to be processed, a period which widely depend on the payment method of your choice as well. In the general case that should happen within 3 business days from the moment the application is placed.

Bear in mind as well that in certain occasions bank wire transfers might incur fees especially if you use the method for the purpose of a withdrawal, while withdrawals by other means are basically free of charge, although the Casino reserves the right to impose withdrawal fees at its own discretion.

Finally, bear in mind that if your accumulated life time deposit is not greater than 200 EUR, then you will be allowed to withdraw only up to ten times your last deposit. Any excess amount will be forfeit.

Currencies: Australian Dollar (AUD), British Pound Sterling (GBP), Canadian Dollar (CAD), Euro (EUR), Swedish Krona (SEK), US Dollar (USD)

Payment methods

Your Payment options at Golden Lion Casino include bank wire transfers including SEPA withdrawals as well as crypto coins like Bitcoin, USD Tether, Dogecoin, Ethereun and Litecoin, And you can also make a deposit with Neosurf which is an e-Voucher. Payments are also possible with Coinspaid, which is a bank transfer crypto service. And bear in mind that the maximum amount you will be allowed to deposit in a single transaction is 1000 EUR, while the maximum amount you will be able to withdraw also in a single transaction is 5000 EUR.

Rollover requirement:

As every other casino Golden Lion Casino has a rollover policy in place to prevent money laundering. Basically you will have to wager your deposit at least once before considering a withdrawal. This is pretty standard as well.

Dormant or Inactive Accounts

Golden Lion Casino has a pretty standard dormant and inactivity account policy. An account that has been inactive for a period of 12 consecutive months shall be deemed to be a dormant account and will be subject to a 5 EUR, or the currency equivalent, monthly maintenance fee. If all reasonable attempts by the Casino to contact you prove unsuccessful and the account remains inactive for a period of 30 months, the account will be deemed to be abandoned and any remaining balance will be remitted. Also bonus credits not played within 30 days of being awarded will be deemed to have expired and will be removed.

Games and game suppliers

Golden Lion Casino offers a comprehensive selection of well over 500 games including live a table casino games like Blackjack, Baccarat and Roulette both American and French, Video Poker, Texas hold’em, Caribbean poker, Oasis poker as well as Bingo, Scratch Cards, Keno, Plinko, Punto Banco, Hi-Lo, Dice and Craps. And you will surely be able to enjoy a great variety of slots, including Jackpot Slots and Megaways by some of the leading software providers in the gaming industry like NetEnt, Microgaming, Nolimit City, Play’n Go, Playson, Pragmatic Play, Push Gaming, Spinomenal and Yggdrasil.

And we can assure you that Golden Lion Casino features nearly every slot theme you can possibly imagine – from Candies, Fairies, Buffaloes, Arabian Tales and The Wild West all the way to Ancient Greek Gods, Día de los Muertos, Vikings, Pirates, Fruits, Irish Luck, Leprechauns, Ancient Rome, Avalon, Thor the God of Thunder, Jurassic Park, Underwater Marvels all the way to Norse Mythology, Ancient Egypt, Tigers, Dragons, Wild African Animals, The Maya Empire, High Seas, Books, Sharks, Safari, Asian Beauties, the Aztecs, Mystery, Adventure, Gems, Vampires, Diamonds, Gold, Horror, Fortune, Music Bands, Chinatown, Food, War Zone, Crash, Riot, Fantasy Park, Angels, Fun House, Summertime, Jungle, Christmas Spirit, Empires, Wildlife, the Joker, Latino, Vegas, Hollywood, Sweets, Femme Fatale, Pulp Fiction, Wonderland, Gangster, Fantasy, Betting, Japanese Art, Heist, Sports, Sci Fi and many others.

And as we already said at Golden Lion Casino you have the option to bet on sports as well.

Game providers: Amatic, Betsoft, Booongo, EGT Interactiv, Hacksaw, Igrosoft, Merkur, Microgaming, NetEnt, NetGame, Nolimit City, Nucleus, Platipus, Play'n GO, Playson, PragmaticPlay, Push Gaming, Quickspin, Red Rake, Relax Gaming, Retro Gaming, Spinomenal, Spribe, Tom Horn, Vivo Gaming, Wazdan, Yggdrasil, Playtech

Conclusion

Having in mind that Golden Lion Casino are yet to acquire their gaming license – some thing we are sure they are about to do pretty soon, we should acknowledge that the Casino offers virtually everything a player might wish for – from the comprehensive selection of well over 500 games including live a table casino games like Blackjack, Baccarat and Roulette both American and French, Video Poker, Texas hold’em, Caribbean poker, Oasis poker as well as Bingo, Scratch Cards, Keno, Plinko, Punto Banco, Hi-Lo, Dice and Craps to the amazing collection of slots, including Jackpot Slots and Megaways by some of the leading software providers in the gaming industry, and the highly attractive welcome bonus pack.