GAMBLING LICENSES

GAMBLING LICENSES

To obtain a gambling license, you need to fulfill a number of requirements and invest funds. The license will give you the right to legally develop your business, receiving many advantages, for example, the ability to work with advanced payment systems.

Costa Rica

A license obtained in Costa Rica is a cost-effective option for starting a gambling business.

DPL license :

• Low price and short delivery time.
• High stability in the country.
• No taxation.
• Partnership with the US and the EU.

Support by lawyers for companies that are associated with gambling, since it is gambling companies that bring high income to Costa Rica.

To obtain a license, you need to fly to Costa Rica in person, rent an office space, and officially hire staff. One of the requirements of the regulator is not to register citizens of Costa Rica. IP addresses of local residents will have to be blocked.

Curacao

One of the authoritative jurisdictions in the gambling industry. Companies that work in the field of gambling can obtain two licenses in Curacao – Master License and Sub-license.

A gambling license is suitable for everyone who is engaged in activities related to gambling. At the same time, the regulator is strict in compliance with the privacy policy and measures to prevent money laundering.

Registration of a company in Curacao and registration of a license takes up to 50-60 days. Annual license renewal costs $ 15,000.

Comoros

A little-known jurisdiction where you can also get a gambling license. The bureaucracy here is minimal.

Obtaining a license is quite simple, registration takes 1-2 days. The main condition is compliance with the rules of the Comorian license.

Companies holding a Comorian license are not taxed but must send financial statements to the regulator. With these documents, any gambling activity becomes legal.

Malta

Maltese licenses are prestigious.

The Malta regulator issues 4 types of licenses:

• For online casinos.
• For betting companies.
• For betting exchanges, card games, and bingo.
• For the supply of software for gambling companies.

The required authorized capital for gambling activities in Malta depends on the license and is 40,000–100,000 EUR.

Gibraltar

A country with serious requirements for gambling companies. The document is highly valued and guarantees respect for the company from the side of the players.

The level of taxes is low – 1%. At the same time, it is in the range of 86-425 pounds per year. At the same time, different licenses are issued for different types of gambling activities.

Renewal of the license costs 2,000 British pounds. Valid for 1 year.

Opening a bank account for gambling

Opening a bank account for a gambling company is not so easy. Banks rarely want to get involved in gambling businesses, such firms are often suspected of money laundering and therefore often checked.

And yet, there are jurisdictions where there will be no problems with opening a gambling account – Macau, Guernsey, Great Britain, Australia, Estonia, Czech Republic, Denmark, Seychelles, France, etc.