The Benefits of Working in the Europe Market
Stable economic environment
Increased demand for online gaming
Legal operation in many countries
High profitability and fast payback
3.1. The United Kingdom
Explore one of the most influential regions in the world. Like many years ago, new trends that affect the global industry are being created here.
The largest gaming companies began their journey to international success and recognition from the gambling market in Europe. Get acquainted with the specifics of several prospective EU countries to choose the best option for starting your business.
The EU regularly takes first positions in the top lists of the most profitable regions in the world. A high level of economic development contributes to rapid progress in the gaming industry.
According to the latest research, the gambling business in Europe accounts for a quarter of the global industry — more than 80 billion euros per year (over 93 billion US dollars).
The key countries of this region are as follows:
About 75% of the turnover of the entire gambling market in Europe falls on these promising states.
The United Kingdom has consistently shown the best profitability growth rate of the local entertainment industry — 4–8%. UK operators generate about 20 billion Euros (23 billion US dollars) per year.
Germany has the second-highest rate of lucrativeness growth. The revenues of local entrepreneurs are steadily increasing by 1–2% every year.
Even though the EU is a single legal space, there is no unified casino law in Europe today. Each country establishes its regulatory standards.
Is gambling legal in Europe? Yes, it is lawful in many states. The authorities seek to create optimal conditions for controlling the gaming industry as a single system. However, this process is progressing rather slowly.
The main gambling laws in Europe were adopted from 2005 to 2011. Some changes to legislative acts are made periodically. This is due to the rapid development of technologies in the land-based and online segments.
The most perfect system of regulation of the gambling market in Europe is the legislation of the UK.
It is characterized by such features:
Check out the most favourable states for opening gambling businesses in Europe.
This country is the leader of the European Region. The local governance system of the gaming industry is a role model for many other states.
The main regulatory authority is the Gambling Commission. This committee is responsible for licensing gaming projects and controlling their activities.
Entrepreneurs are allowed to work in such areas:
UK operators can start casinos in Europe with both local and offshore licences. To obtain a British permit, an entrepreneur should provide the following information to the gaming committee:
The cost of a permit depends on many factors: the field and the scale of a business, the size of the start-up capital, the range of services offered, etc.
The sum of the application charge can vary from 600 to 7 thousand pounds. At the same time, the amount of the annual licence fee in the UK is between £1,000 and £155,000.
The availability of a prestigious British permission document will let you open a legal online betting portal in Europe or launch a gaming project and gain the loyalty of players from different countries very quickly.
The gambling business in this country is legal. Operators are allowed to start casinos in Europe both in the land-based and in the virtual segment.
The volume of the online gaming market in France exceeds EUR 1.5 billion (1.75 billion US dollars). About 35 licenced operators work in this country. Their number is constantly growing. Most of the entrepreneurs work in such fields as bookmaking, the online poker industry, and the casino business. More than 3 million punters from France visit various gaming sites every day.
The gambling area is regulated by the main legislation act — the Security Code. This bill came into force in 2012.
Such regulatory bodies as Autorité de Régulation des Jeux en Ligne and the Ministry of Home Affairs are responsible for licensing and controlling the activities of gaming enterprises.
This is another optimal market for launching gambling businesses in Europe. The entertainment field in this country is growing very actively. There is no single system for regulating the iGaming business in Germany. Each region establishes its rules for the operation of establishments.
The state of Schleswig-Holstein has the most loyal legislation. The government of this region issues licences to both local and foreign entrepreneurs wishing to work in the online segment.
Other promising territories are as follows:
The age limits for players in different cities vary significantly. For example, users over 21 are allowed to use gambling services in Baden-Baden. At the same time, players can visit casinos and online gaming resources from the age of 18 in Berlin.
Operators wanting to open gambling sites in Europe should pay attention to this market. The legalisation of the gaming industry began here in 1977.
Currently, the gambling business operates following the law de Regulación del Juego. Spanish legislation provides for both federal and local regulation of the gambling field. Each of the 17 autonomous territories establishes its standards for control over the entertainment area.
Here are the most promising cities for opening a gambling start-up in Europe:
The regulatory authority is Dirección General de Ordenación del Juego. Besides, each region has its controlling department. These bodies are responsible for the legalisation of iGaming projects and control over their activities.
Here is another ideal variant for buying a casino in Europe. Games of chance and betting activities are allowed here. The entertainment industry contributes over EUR 8 billion (USD 9.4 billion) to the state budget every year.
Until 2006, Italian entrepreneurs were unable to start online gambling projects in Europe. However, in 2011 the local laws were changed dramatically.
Italian gaming legislation has such specifics:
To enter the desired market, a novice operator needs to cope with lots of important and responsible tasks. To make them significantly easier, we recommend you order a turnkey casino in Europe.
This service includes everything you need to start and run a successful iGaming business:
The preparation of the necessary documentation
The employees of an intermediary company will help you collect the required papers and apply to the gambling committee
The acquisition of demanded casino software in Europe
The connection and configuration of programs
Experts will install the desired casino software in Europe and adjust it to your requirements
The integration of payment systems
The most requested financial instruments will allow you to attract many clients from the UK, Germany, Spain, Italy, France, and other countries
The installation of security tools
The choice of the right market is the key to the prosperity of any gambling start-up. Buy a casino in Europe to receive substantial financial benefits and lots of prospects for entering the international business arena.
The European iGaming industry has such features:
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