Online Gaming has proven to be an incredibly popular and profitable business model. With the rapid expansion of the industry a number of forward thinking governments worldwide set up regulatory framework to facilitate the licensing of online gambling operations. However, as online gambling is considered a prohibited activity in a number of countries, most online gambling licenses are issued by the governments of ‘offshore countries’.
Generally speaking, obtaining an online gambling license is a complex process involving a variety of due diligence requirements which must be fulfilled, that said, most Online Betting and Online Casino businesses have some form of online gambling license.
All legal online gaming businesses must be registered and in compliance in at least one jurisdiction. The most common jurisdictions that online gambling businesses register in are Caribbean nations such as Antigua and Barbuda, Costa Rica, and Curacao and European nations such as Malta and the UK.
With more than 21 years of real world experience in the Online Gaming Business our team hold the necessary skills to manage your eGaming business with you and guide you through the license approval process.
We ensure our clients are able to operate in the most tax-efficient way while ensuring the structure remains compliant.
We assist our clients in obtaining Online Gambling Licenses in the following jurisdictions:
Over the years Costa Rica was the preferred jurisdiction for hundreds of online gambling companies operating many hundreds of gambling websites, making it an excellent jurisdiction for start-ups in the online gambling industry. It is still incredibly popular and effective today for those utilizing alternate payment methods such as crypto-currencies i.e. bitcoin, ethereum, etc. It is low cost and easy as there is absolutely no license of any kind required.
Learn more about registering your own Online Gambling Company in Costa Rica
A Curacao Online Gaming License is our recommendation for most start ups. The Curaçao Gaming Control board made online gambling a central industry for the island of Curaçao, and with doing so expanded the island’s licensing capabilities. At this moment in time the sub-licensing opportunities that exist are both low cost and easy to obtain making Curaçao the #1 top jurisdiction for launching a licensed Online Gaming Business.
Learn more about obtaining your own Online Gambling License in Curacao
The Isle of Man with its comprehensive regulatory framework in place, including but not limited to the Online Gambling Regulation Act of 2001, which legalized Online Gaming operations in the country make it a well respected choice. The Isle of Man is recognized as one of the most reputable jurisdictions, offering world-class infrastructure and services for operators in the online gaming industry of all sizes.
Learn more about registering your own Online Gaming Company in Isle of Man
A Kahnawake Gaming Commission Online Gaming License is a great upgrade from a Costa Rican Gaming Company or Curacao subLicense. The Kahnawake Gaming Commission have been offering licenses since 1999 and are well respected. The Kahnawake Online Gaming License is both low cost and relatively easy to obtain. 1 License Type covers any and all games of chance.
Learn more about obtaining your own Kahnawake Online Gambling License
Malta — Following the Public Lotto Ordinance Act in 2000, Malta the first EU member state to introduce Remote Gambling regulations and deliver remote gambling services for online gambling.
Learn more about obtaining your own Online Gambling License in Malta
Online Gaming Licenses & Services
It is critical when choosing the jurisdiction to base your online betting, bingo, casino, eSports, fantasy sports, sports betting or lotto business that you consider initial licensing costs, ongoing licensing costs, maintenance costs, availability of ancillary services and tax costs and benefits.
The basic premise of licensing online bingo, casino, eSports, fantasy sports, sports book betting and lotto businesses was to improve the quality of services delivered to consumers and is now a mandatory requirement for conducting legal gaming business online.
Licensing provides players with a level of trust and as such enhances the chances of success for the business.
Having a proper legal structure and some form of license facilitates availability of:
- Banking – Virtually all banks require some form of gambling license in order to set up a Bank Account for your business ensuring your business is legally compliant.
- Payment Processing – You will not be able to set up online gambling merchant accounts and other payment processing accounts to receive payments from customers via bank cards and accounts without some form of license.
- Online Gaming Consultancy
- Business plan assistance
- Compliance Collation
- Licence application compilation
- Anti-money laundering procedures
- Liaison with payment solution providers, IT hosting facilities and software suppliers
- Establishment of accounts
- Company administration services
- Liaison with regulators, lawyers and auditors
- Local employment assistance and guidance in various locations
- Customer service and support facility establishment and outsourcing.
- Company Incorporation and management
- Provision of Company Directors, and Secretary
- Maintenance of statutory records
- VAT registration
- Accountancy services (provided by licensed partners)
- and much more.
To find out more about licensing procedures, requirements and costs, please select one of the jurisdictions above.
We understand that selecting a jurisdiction to base your online betting, bingo, casino, poker or sports betting business is a challenging task. If you are not sure about which jurisdiction is most suited to your needs and budget contact us and we’ll help you make the right selection.
As our client you are at the heart of our business and our sole goal is to serve your online gambling license needs while protecting your interests.