The key step in establishing an online casino is a gambling licence. It is a proof of the legitimacy of a gambling establishment. In the eyes of players, it is a confirmation of the reliability of the platform. For regulatory authorities and business partners, a gambling licence is a confirmation of the legality and seriousness of the business.
In Russia a license for gambling on the Internet cannot be obtained. Here at the legislative level there are restrictions on the organization of gambling. Gambling games are placed in certain territorial zones, which of course the Internet does not belong to.
The solution for the Russian entrepreneurs has been licensing in different countries of Europe and the world, where Internet gambling is not prohibited and is regulated by the state. Today the number of such countries is about 80. And if previously the first and only European country in this list was Malta, today it is joined by Bulgaria, Poland, Isle of Man, Cyprus, Montenegro, Alderney and others.
Different jurisdictions offer different conditions and a gambling licence may not be the easiest step in the process of establishing a casino. Key differences between the different jurisdictions:
You should also consider the nuances of the legislation in the region in which you plan to operate your platform.
Are there options for starting an online casino where a gambling licence is not required? An entrepreneur can indeed save himself the hassle of obtaining one if he chooses one of the following ways of starting a gambling business:
All of these methods imply that the provider offers ready-made gambling solutions with the appropriate gambling permits. Their cost is already included in the price of the software product. However, this should always be clarified, as no one is immune to online fraud yet. Checking technical specifications and legal aspects will help avoid misunderstandings and problems with regulatory authorities.
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