LICENSE TO BETTING

Betting is online betting that people place for profit. Its most popular variety is sports betting, and in simple words, sports betting. Before opening a bookmaker’s office, you need to obtain an appropriate license that will allow you to carry out such activities legally.

What bets are the most popular in the world

Among the popular sports that people bet on are:

• football;
• tennis;
• volleyball;
• hockey;
• boxing;
• car race.

In Europe and Asia, sports betting is widespread. As for the United States, there you need to look at a specific state. Not all states allow this type of gambling business.

What to look for before getting a license

Before you receive a permit, you must:

• choose a specific jurisdiction, considering in detail the advantages of different countries;
• opt for the state where such a business will be completely legal;
• familiarize yourself with the licensing requirements and the first costs that will need to be invested in the business;
• find out the details of the tax regime in the country where you are going to start a business;
• clarify what are the terms of licensing in order to understand exactly when you can get permission for your business;
• calculate what costs are necessary in order to successfully conduct business;
• distribute functional responsibilities among team members.

When a person or group of people only talks about opening a betting shop abroad, good prospects come into focus. However, business is not only a prospect, but also a great responsibility. Especially when it comes to such a difficult area that needs legal support.

Why is it worth contacting us?

Prikhodko & Partners has sufficient experience in this business segment on the international market. We are well aware that opening a betting office abroad requires knowledge in several areas at once, namely:

• the internal specifics of the regulation of the gaming sector in other countries;
• the legislative field of different states and an understanding of what pros and cons the market of a particular country can have;
• algorithm for opening and accelerating licensing issues.

We don’t just get down to business formally. We rely on our extensive experience and at the same time carefully examine the entire context of the market you have chosen at the time when you need to obtain a license for your betting activity.

At the same time, clients who do not know which country to choose for work often apply. Then we give various examples, talk about the advantages and disadvantages of different countries, listen to your wishes and help you choose exactly the jurisdiction that will best meet your request.

Benefits of integrated solutions – for you

Our company is always ahead of many others due to the fact that we can offer not just individual disparate services, but an integrated approach that will allow you to realize your aspirations. You just come with an idea and understanding of the existing budget, and we:

• we specify all the necessary details;
• offer options;
• provide legal support;
• we contribute to the rapid receipt of permits;
• we guide you in certain issues of a managerial nature and give recommendations on how to work comfortably in your chosen jurisdiction, avoiding potential pitfalls of the local market.

So get in touch! Our team will provide high-quality comprehensive support for obtaining a license in the markets of Europe and other parts of the world.