Author: Ivan Mostovoy
UpdatedGambling commerce is a profitable field of activity, and the number of entrepreneurs seeking to open their own gambling projects is constantly growing. In order to prevent the expansion of the “shadow” gambling market and the spread of ludomania, the governments of different countries are making allowances to the legislation. This affects the legalization procedure: it is becoming increasingly difficult to buy a license for an online casino.
Experts of Win Win Casino have collected up-to-date information about the features of obtaining permitting documentation for online business in the gambling industry.
We have prepared a list of the most popular jurisdictions in 2019, tell about their advantages and disadvantages and offer a simple solution to the problem — to buy an online casino with a turnkey license.
Internet business is diverse, and there are a huge number of gambling web venues operating illegally. We do not recommend customers to launch such projects, as they risk to attract the attention of regulatory authorities. It is threatened to sanctions, fines and the closing of resources. It is better to pass the legalization procedure on your own or buy an online casino with a license right away.
Licensing documentation serves as a certain marker for players: visitors trust websites that operate officially. In this case, the gambling business brings increased income to entrepreneurs, because gamers are not afraid to replenish deposits and have no doubt that they will be able to withdraw funds if they want.
There are several additional benefits that the operator receives when opening his own business legally:
Gambling commerce is not allowed in all countries. The license is available in more than 80 countries.
When choosing a jurisdiction, you should pay attention to the following aspects:
In most jurisdictions, can be issued two types of licenses:
Experts of Win Win Casino advise consulting with experienced gambling lawyers. It is important that the specialists are well versed in the peculiarities of the procedure of legalization of gambling websites in different countries. They will recommend jurisdiction and the most appropriate type of permit.
An alternative option is to buy an online casino with a license from a reliable intermediary. In this case, you will receive a ready-to-launch web venue with high-quality gaming content, assistance in legalizing the business, legal and marketing support.
We offer you a list of the five countries in which operators are most often legalized gambling business:
Country | Advantages | Disadvantages | Peculiarities |
Malta | Crystal clear reputation, loyalty to operators, reasonable prices | The owner of the online casino will have to open his own representative office in Malta | The jurisdiction is perfect for entrepreneurs who plan to expand their business to an international scale |
Costa Rica | The operator is exempt from taxes, can work in the United States and Europe | The casino owner needs to register a company in the country. Data Processing is not a license per se, but permission to process information | The regulator has no special requirements to the software and the location of the servers, or the financial statements |
Curacao | You can get an online casino license for several partner companies without having a representative office in the country | Operators receive sub-licenses and pay taxes to the main license holder | It is one of the most popular and respected jurisdictions in the world |
Gibraltar | The regulator enjoys the confidence of operators around the world. As taxes, online casino owners pay 1% of the turnover | It is possible to obtain a license only if the operator has a clear and understandable business plan, and his income is legally obtained | The operator gets access to the European gambling market |
Panama | The regulator has provided a simplified scheme for registering gambling projects and issuing a license | The casino owner must have at least 100 thousand dollars of financial security. High requirements for the reputation of operators. The controller keeps tracking the origin of the business capital | A simple taxation system and business scaling opportunities attract many casino operators |
The list of credible jurisdictions is not limited to the countries listed. Licenses of Kahnawake, Antigua and Barbuda, Isle of Man, Belize and other countries are also popular.
You can buy a license for an online casino and launch the project yourself, but it will take a lot of time and will require serious financial costs. We are ready to help with the collection of documents necessary for the legalization of business and provide legal support.
Here you can order a comprehensive service — buy an online casino with a license and a full range of products necessary for business development.
The package offer includes:
We will help with the launch of the project, provide marketing and legal guidance during the process. In order to start cooperation, take the first step — contact us and tell us about your wishes.
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