In order to legally operate a gambling business online, it is necessary to obtain a casino licence. The process is definitely not a quick and easy one. The commissions that issue the relevant licences have quite serious requirements for applicants.
Often newcomers to the gambling business wonder why an online casino licence is needed and whether it is possible to operate without one.
Only at first glance it may seem that the sphere of online gambling has no serious regulatory mechanisms, and anyone can open and run their own gambling business. To open an online casino has indeed become more accessible today. But in order to become a full participant in the gambling industry and develop successfully, it is better to buy a license for online casino. In many countries, it is not legal to operate without a license.
The advantages that a gambling license provides:
Russian entrepreneurs, wishing to open an online casino, should take into account that in Russia they will not be able to obtain the appropriate gambling license. Online casinos are banned in Russia. But this does not mean that there are no alternative legal solutions. You can register a legal entity and undergo the licensing procedure for online casinos in one of the offshore zones.
Today the list of such zones includes more than 80 countries around the world, including many European countries. European gambling licenses are evaluated by specialists as the most reliable and prestigious.
When choosing a jurisdiction one should pay attention to the following:
There are several ways to obtain a gambling licence:
Whichever option you choose to open your business, B2bslots is ready to offer its professional services and full project support.
For the first licensing option, our experts will advise you on the choice of jurisdiction, help you prepare the necessary documents and fulfil all the requirements. Our experience allows us to optimise and speed up the licensing process as much as possible. The average cost of opening a legal entity with a licence is around $10’000, with annual maintenance costs starting from $12’000.
You may also entrust us with the entire process. Just provide us with the initial basic data and documentation and we will get to work. In the meantime, the customer can focus on organisational issues and promotion of the resource.
We offer a wide range of turnkey online casino solutions. With B2bslots you are guaranteed a quick successful start and work in the legal field!
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