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Gambling License and Who Can Give It

April 2021, 06

gambling license who give

The owners of virtual gambling clubs need a license – permission to carry out gambling activities to attract customers. When choosing an online casino, the player should read the documentation carefully. The presence of a license ensures that it is legal and controlled, winnings will be paid, and the transactions will be protected. Having a license will positively affect the image, thus the promotion and development of the business.
Some countries issue licenses exclusively on the local territory, but it is possible to legitimize your business everywhere it is allowed.

 

Where to Get a Gambling License

Interested in where and how to get a gambling license? These locations are the most popular choices among the owners of gambling websites.

Curacao

Since this is an overseas territory of the Netherlands, it has a special status in the European Union. Online games in Curacao are completely legal if the gaming company has obtained the appropriate internet gambling license for an online casino in Curacao. Obtaining a license in Curacao requires following strict rules.
Advantages of getting the license in Curacao:

The owner of the online casino is required to host a server in Curacao.
 

Kahnawake

The Kahnawake Gaming Commission checks, first of all, the quality of software, the fairness of the game and settlements with casino users, and guaranteed protection against fraud.
Key benefits of getting a license in Kahnawake:

Malta

In Malta, you can register two types of limited liability companies (LLC): private and public. The liability of shareholders is limited, which is a significant factor. The registration process is more pleasant than similar procedures in other countries.
Benefits of licensing your gambling business in Malta:

Gibraltar

Gibraltar is an offshore jurisdiction that is the overseas territory of Great Britain. Many gambling operators (especially from the UK) work in this country, that’s why the gambling business in Gibraltar is considered one of the main activities of the region. To preserve an impeccable reputation, the government carefully monitors all licensees to make sure they carry out their activities in accordance with the licenses and strictly adhere to the laws of the country.
Benefits of obtaining a gambling license in Gibraltar:

Costa Rica

To get a license in Costa Rica, you must not only register your company here but also be physically located in the country (rent or own an office, as well as legally hire employees). There is no special gambling license in this republic; it is enough for entrepreneurs to obtain a commercial permit for data processing. This document allows you to deal with any subspecies of the gambling business.
Benefits of registering online gambling in Costa Rica:

Who Can Issue a License for Your Gambling Business

Licenses are issued by law companies that are engaged in the registration, or you can obtain them yourself by submitting an application and preparing documents for jurisdictions.
There are various gambling commissions, departments and ministries issuing licenses, and each of these institutions has its own rules and requirements for online casino holders. You need to consider the choice of jurisdiction carefully, taking into account its reputation, geolocation, and other factors.
Some entrepreneurs turn to agencies in offshore zones, which will be profitable (about 20,000 EU per year), but inspire less trust in the customers. Jurisdictions with stricter policies and high standards give a guarantee of security and fair resolution of conflicts.
Remember that you always need to guarantee transparency, security, legality, and trustworthiness.

 

Conclusion

To become a successful and popular gaming platform, it is equally important to have a website that works impeccably and to gain the trust of customers and good reputation. Go Gamble Development  can help with the former, and the latter is aided by getting a license.
The presence of a special gambling license shows the customers that the casino operates legally and can be trusted. A gambling license ensures that the operation of an online casino in accordance with the law, transactions are conducted safely, money will be paid, and the casino is controlled by independent auditors. That’s why the gambling license is a necessary part of your image as a reliable institution. 


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