LT Casino Review (2023)

LT Casino Review (2023)

Don't gamble with money you cannot afford to lose

 

LT is an online casino and sports betting website which has just opened its virtual doors as of the time of writing. Normally, this is quite exciting, as the newer a casino is, the greater the chances its services will be better than those of older houses. However, this particular one seems to be a bit of an exception to that rule, and we did not find much about it which stands out from the rest of its peers.

That does not mean LT is bad at all – on the contrary, it has a lot of advantages. For instance, it is licensed with one of the most popular regulatory bodies out there nowadays, and its deposit and withdrawal policies are quite decent. Yet, there is definitely a lot of room for improvement as well. So, before we can recommend the casino or not, we need to go over everything we just mentioned, as well as everything else there is to know about the house. Join us as we do just that in the following review below:

Bonuses

Here is an outline of the promotions which are currently available with LT:

BonusMin depositMax bonusWagering requirementsCash out limit
Verification Bonus50 USDTUnspecifiedUnspecified
Casino Welcome Bonus10 USDT50% up to 50 USDTUnspecifiedUnspecified
Welcome Freebet50 USDTUnspecified
Spin to win1 BTCUnspecifiedUnspecified
Referral bonuses50 USDTUnspecifiedUnspecified
VIP RewardsUnspecifiedUnspecified
Limited Time BonusesUnspecifiedUnspecified

There is a lot about its bonuses which the casino fails to mention. In our view, this is quite the significant flaw. For example, the wagering requirements are not clear. These requirements are common, and they are present in nearly all bonuses you can get these days. Whenever you get a specific bonus, you are expected to play through the funds you’ve received a certain amount of times, in order to be able to withdraw them. Usually, that is between 30x and 40 for most deposit promotions. So even though LT does not mention anything about this policy, you might find yourself needing to comply with it! The same is true of a cash out limit, which is usually set to 5x to 10x the value of the bonus you’ve received, preventing you from making more money than that limit.

With that in mind, the promotions themselves seemed quite underwhelming, too! Let’s take a closer look at them:

  • Probably the best bonus one has access to with this casino is the Verification Bonus. This is actually a no-deposit bonus, which means you don’t have to cash in anything in order to obtain it. How can you claim this promotion? Simply verify the phone number you have used while signing up with the casino. This takes no more than a minute and allows you to obtain the bonus. However, without being sure what the wagering requirements are, this promotion seems far less appealing. Since it does not require a deposit, these could actually be higher than the average we pointed to. Also, there is a chance that the money from the bonus cannot be withdrawn at all, which would not be surprising either. Sometimes these promotions are not eligible to be cashed out.
  • Next, the house offers its players two different Welcome bonuses. The Casino Welcome Bonus can be used to play slots, table games, game shows and so on. It requires you to cash in 10 USDT as your initial deposit, which is pretty reasonable, and usually we find that casinos charge their players between 10 and 20 USDT for such bonuses. As for the size of the promotion itself, it is not really anything to write home about. The bonus is calculated as 50% of the cashed in sum, up to 50 USDT. Most casinos offer hundreds of USDT for their initial deposit bonuses. Still, a lackluster bonus is better than nothing, we suppose!
  • The second initial deposit bonus, the Welcome Freebet, is another fairly underwhelming promotion. There is a 50 USDT voucher you can grab, which can be used alongside your first bet. The voucher insures your bet against losses up to 50 USDT – meaning, if you lose more, the voucher’s value will be deducted from the total loss. However, if you win, you won’t get anything extra from the Freebet – and you cannot withdraw the money from the bonus under no circumstance. This is another promotion which is usually done way better by most casinos.
  • Next, there is a rather unique bonus, called Spin to win. It involves a Wheel of Fortune, which the player can spin for free, once every seven hours. The segments of the wheel include various amounts of different crypto tokens, with the maximum reward being 1 BTC. Note that the weighting of the segments is not mentioned, nor is the game itself transparent about it, so it is possible that hitting the jackpot can be incredibly rare. Also, there can be restrictions on the money you win like wagering requirements and cash out limits, which have once more gone unmentioned.
  • There are two distinct Referral bonuses. Such promotions are pretty common nowadays, but they are especially beneficial here. First off, there is a bonus which nets you up to 50 USDT, based on the number of people who have signed up with your referral link. This bonus can be earned each day. A promotion which is more interesting to us, however, is the other referral bonus, which allows you to set a custom commission of between 0,5% and 2% on the accounts which have been referred via your unique link. Now, we are not sure where the commission is coming from – is it from their deposits, wins or losses, but it is interesting that the casino allows you to do so. It also mentions that there is no limit to the money you can make that way, which is fairly interesting too.
  • Next, the house has VIP Rewards too. Every time you wager 1 USDT, you get one Point. These Points can be collected, though you cannot earn more than 1000 each day, and used to progress through the VIP system of the casino. What’s interesting about this bonus is the fact that there is a lot of different perks which you can gain from it. For instance, there are Daily log in bonuses, which start off awarding you Points, but then start handing out real money. There are also daily deposit bonuses, a special cashback rate and much more. However, the house does not mention anything about their withdrawal restrictions, so getting the money and playing with it can be easier than cashing it out.
  • Last but not least, it seems that LT aims to run certain Limited Time Bonuses, for different games. At the time of writing, this includes a very interesting Baccarat promotion, which awards you up to 1800 USDT, based on how much you can win from the classic card game. There is also a limited time Tournament, which ranks players who bet on any of the Play’n Go games, with the one who wins the most being eligible to receive a massive bonus of up to 15 000 USDT.

License

We are happy to report that, when it comes to regulation LT has managed to fully meet our expectations. The casino is licensed with Gaming Curacao (GC), and says as much in the following paragraph:

GC is just one of the four master license holders in Curacao, which have become the most popular choice of casino operators looking to get regulated. Before we take a look at why that is, though, here is how we verified the claim of the casino:

Every licensed entity has to implement the Digital seal of the regulator on their website. That Seal is shown below for LT:

It looks like the GC logo, and clicking it leads you to the register of the license issuer:

It is here where we can verify that we are dealing with a licensed casino! The house is fully regulated, which is great, because Curacao-licensed casinos manage to provide players with some excellent protections for their funds. At the same time, the companies running these casinos are not stifled by overly zealous rules about what games they can offer, so everyone wins. Here is more information on what these protections we mentioned are:

  • The safety of your data is guaranteed with licensed casinos. They collect a lot of information on their players, which is a common KYC policy of any house nowadays. The way this information is stored is dictated by the GC -LT and other license holders need to use some of the strictest encryption they have access to, in order to prevent hacker attacks and data leaks.
  • Secondly, licensed houses need to take problem gambling seriously and even take specific steps in order to combat it. There are not only tons of information on what this problem looks like and where to seek help, but real actions you can take to reduce your exposure to the casino, should you need to. These include setting custom deposit limits, enabling time out warnings and even closing down your own account.
  • Last but not least, the integrity of the games with licensed houses is ensured via the constant audits they have to undergo. These audits are performed by independent professionals, who can detect any bias in the workings of the game, if such is present. That way, you can be sure you are playing actual games of chance!

We are very happy with the regulation over the casino. However, to get back to our review of it, here are the languages you will be able to view its website in:

Languages: English, Chinese, Vietnamese, Turkish, Portuguese

Also, please note that there are certain countries where the services of LT are not available. These are nations with restrictions on online gambling – here is a list of those:

Restricted Countries: Netherlands, Netherlands Antilles, Curacao, United States, Virgin Islands (U.S.), United States Minor Outlying Territories, French Southern Lands;

Deposit and Withdrawal

Cashing in with the casino can be done with either crypto or a number of FIAT currencies. That is excellent. We can definitely say that LT has a focus on crypto, since the main account currency is the USDT. However, it provides plenty of options for players to use, when it comes to depositing with conventional methods which might be preferred to some. Most crypto casinos fail to do so! Here is a list of the deposit methods and the currencies in question:

Deposit methodMinimumMaximumProcessing timeFee
Credit/Debit Card10 USDT1000 USDTInstantFree
Bank10 USDT1000 USDTInstantFree
Cashlib10 USDT1000 USDTInstantFree
Jeton10 USDT1000 USDTInstantFree
MiFinity10 USDT1000 USDTInstantFree
eZeeWallet10 USDT1000 USDTInstantFree
CryptoUnspecifiedInstantFree

Currencies: XRP, Euro (EUR), British Pound Sterling (GBP), Japanese Yen (JPY), Canadian Dollar (CAD), Australian Dollar (AUD), Indian Rupee (INR), Norwegian Krone (NOK), New Zealand Dollar (NZD), Chinese Yuan (CNY), South Korean Won (KRW), Tether (USDT), Bitcoin (BTC), USD Coin (USDC), Ethereum (ETH), Binance Coin (BNB), Dogecoin (DOGE);

Note that some of these payment methods are available only for specific currencies. For instance, you can deposit via Bank transfers, Cashlib, Jeton, MiFinity and eZeeWallet only via Euro. CAD deposits can be done only via credit card.

There is a very low minimum deposit requirement with this casino, which is also excellent. It needs you to cash in merely 10 USDT to start playing, and the limit is not available for crypto transactions at all. There are certain fees for deposits, and the following clause needs to be looked into:

We are not fans of this provision at all. Casinos don’t charge deposit fees, and even though this one allows you to wager your way out of them, this is a fundamentally unfair clause! Also, the player will have to pay the withdrawal fees to third parties, and these possible charges by the casino will come on top of that.

Now, here is what the withdrawal policies of the house look like:

Withdrawal methodMinimumMaximumProcessing timeFee
Crypto2 USDT500000 USDTUnspecifiedFree
Credit/Debit CardUnspecified100000 USDTUnspecifiedFree

The minimum withdrawal for any crypto token is just 2 USDT, or its equivallent, which is very impressive since most casinos require ten times that amount. On the other hand, there is barely any information about the FIAT withdrawal policies, but the maximum you can cash out for both crypto and FIAT methods is very impressive. This is the Daily maximum too, which is rarely that high with most casinos! The processing times are not mentioned at all, and we hope that they are around three days at most.

The casino does not charge withdrawal fees, which is great, and it even allows you to benefit from a discount on the third party charges if you wager your deposit between 3x and 5x. Note that the house does require a mandatory turnover of deposits of at least 1x – but that is a common AML policy.

There is no information on this casino charging any inactivity fee.

Games and Game Suppliers

Below is a list of the Game suppliers we saw with LT:

Game providers: CQ Gaming, PragmaticPlay, Evolution, Hacksaw, Push Gaming, EAgaming, Platipus, Bet2Tech, Fantasma, TrueLab, Igrosoft, Spearhead, Belatra, Red Tiger Gaming, PGSoft, Spribe, Print Studios, Zillion, Booming Games, Popiplay, BGaming, Playtech, Thunderkick, Wazdan, Skywind, Slotmill, Big Time Gaming, AvatarUX, NetEnt, Quickspin, Play’n GO, Microgaming, Relax Gaming, Nolimit City, Playson, Other;

This is a bit of a shorter list than what we expected. Normally, houses offer the games of up to 50 different Developers. Still, we saw some pretty big names, so you will have access to high-quality slots. Here is what you can play:

  • Slots: Famous games like Big Bass Bonanza, Book of Dead, Wolf’s Gold and many others can be played here. However, the house also features a lot of smaller, lesser known titles like Sakura Fortune, Razor Shark, 9 Lions and thousands more. We would have liked to be able to sort the games by their themes, which would make navigating the library of the casino easier.
  • Table Games: No casino experience is complete without a good amount of table games like Baccarat, Poker, Blackjack, Roulettes and Sic Bo. This one really delivers on the front of classic casino games, and lets you play all of these in different rulesets and with live and virtual dealers both!
  • Game Shows: Speaking of live dealers, the cutting edge of casino gaming is the televised game shows, which include them. LT has a couple of those available, and you will be able to play Boom City, Sweet Bonanza Candyland, Crazy Coin Flip and so on.

We are not disappointed with the casino’s games, but the sports betting experience is lackluster. That is because the house only allows you to bet on a couple of major sports, like Football, Tennis and Cricket. There are also a couple of esports like League of Legends, Dota 2 and so on. Live betting is not available, at least at the time of writing. We expect that functionality to be developed as the casino finishes getting set up.

Conclusion

LT is a pretty decent casino with some major flaws. These flaws are the lackluster sports betting features and the bonus policy of the house. But, on the other hand, the house is fully licensed and has a very impressive deposits policy, so it might be worth checking out if you find its downsides to be negligible.

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