Online casino licence video how to get

Online casino licence its purpose

An online casino licence is proof of the legality of a gambling establishment. What is the purpose of this legalisation?

Working in the legal field is required in order to carry out the following activities without hindrance:

• opening bank accounts and a merchant account;
• integration on the platform of electronic payment systems (without a licence they will refuse to cooperate);
• the connection of licensed gaming software from leading developers (major providers prefer to work with licensed establishments);
• actively implementing an advertising campaign and building a positive reputation.

Online casinos licensed in Russia

For Russian entrepreneurs wishing to run an online gambling business, an online casino licence will be a problem. Russia has legally imposed restrictions on the organisation of gambling. Casinos and gambling establishments have been placed in special territorial zones. The Internet network does not belong to such zones. Therefore, no license for online casinos is issued.

Similar situation with the prohibition of online gambling entertainment in some other post-Soviet countries – Belarus, Ukraine, for instance. However, an alternative exists. An entrepreneur has an opportunity to buy an online casino license in one of the existing offshore zones.

Online casinos with a licence

The jurisdictions that issue online casino licences today have different requirements for the licensee, and the procedure itself may have certain differences. But in general, the step-by-step procedure for the applicant will look as follows:

• research existing jurisdictions, taking into account the legal requirements of the region in which you intend to operate;
• research the jurisdiction’s software requirements and check your resource for compliance;
• checking your resource for compliance with the requirements of the chosen jurisdiction – it should contain all the required information (contacts and coordinates, regulations for use, etc.);
• in most cases, registration of the company (legal entity) in the licensing country is required;
• preparing the application documents;
• filing and payment of processing fees and other charges as required (depending on the jurisdiction).
• waiting for a positive response and for documents to be issued.