Online Gambling License
A reliable online casino business starts with obtaining an online gambling license. It allows running a casino legally and proves the provider’s trustworthy behavior and commitment to a fair gaming policy. A license is also an indicator of transparency in business operations and security of the gaming software offered to customers.
It is impossible to set up a merchant account in a bank without a proper gambling license. Banks are very careful about their business partners and are always willing to cooperate with a company acknowledged by a regulatory body in a certain jurisdiction.
There are many jurisdictions all over the world that issue gambling licenses to online casinos. Online gambling licenses are issued only after the online casino business meets the requirements of the chosen jurisdiction. You can find out more about how to obtain a Gaming / Gambling License.
Jurisdictions with Gambling Licenses
On the island of Curaçao (Netherlands Antilles) the main jurisdiction certified for issuing gambling licenses is the Curacao Gaming Control board. It has been functioning since 2002 and has broad certification and licensing capabilities. A Curaçao license is an ideal option to start an online casino due to the optimal mix of cost and time frame.
This is the first country in the European Union that introduced the regulations with regard to remote gambling and started issuing online gambling licences. A lot of companies prefer to apply to this very jurisdiction for a number of reasons. Gaining a license in Malta opens the doors to many banks around the world where it will be possible to open a merchant account for processing banking cards.
Online gaming services provided in Great Britain are regulated by the UK Gambling Commission (UKGC). Online casinos need to obtain a remote license from the UKGC in order to to accept players from the UK and promote themselves on the local market. Learn more about how to apply for a gambling license in the UK.
The Gambling Ordinance regulates the process of online gambling license issue in Gibraltar. Licensing covers poker, bingo, betting and online casino websites.
A “free market approach towards e-gambling” was introduced here in 2005 by the Alderney Gambling Commission (AGC) and since then any online casino with the license of this jurisdiction can operate on the international level.
The Online Gambling Regulation Act (2001) and the Electronic Transactions Act (2000) stand behind the online gambling legislation in Isle of Man. At present this is one of the most popular jurisdictions that is known for its strict requirements, as well as professional and unbiased monitoring and control of the online gambling companies applying for licenses.
In Belgium the law with regards to any gambling activity is very strict. However gambling is considered an extremely popular and lucrative activity. In this respect, there are gambling companies that operate in the country, both online and land-based, and they are allowed to do so as long as they abide by the state laws and have obtained a license.
A government agency called the Danish Gambling Authority resides under the Danish Ministry of Taxation. The Danish Tax Authority (SKAT) is responsible for registration of licence holders and regularly conducts inspections them.
In Estonia online gaming is only at the first stage of its development if compared to other jurisdictions. Estonian gambling regulation features one characteristic that a company wishing to operate on the online gambling market should obtain two types of licenses – one for activity and another one for operation.
In Italy the Autonomous Administration of the State Monopolies (AAMS) regulates all the aspects of online gambling in the country since 2006. It is in charge of issuing licenses and also the control of the companies’ complying with the rules and regulations of legal conduct.
We could not miss this one. A common misperception is that Costa Rica has gambling licensing. However, there is no gambling license in Costa Rica as a notion. Although companies that offer online gambling services in Costa Rica do need to obtain a data processing license, this is not tantamount to a gambling license and is not recognized as such by most banks and game providers.
Sportsbook gambling licenses as well as online casino and poker licenses to the companies are issued by the Kahnawake Gaming Commission (KGC).