Internet casinos are very popular nowadays. Nevertheless, due to the expansion of the number of new casinos, rules for business operation became stricter. Under current conditions, an online casino license is extremely important, since without it casino owners can be imprisoned.
Luckily, today an online gambling license is issued by many countries, which makes it possible for businessmen to provide their services legally.
All the beauty of an online gambling establishment is that it can be executed in any jurisdiction, and thus make its activity lawful. Besides, the gambling license allows brands to gain loyalty and trust of the audience, as it shows the honesty of a gambling establishment.
Unfortunately, it can be quite time-consuming to receive a license, especially if you do not know the finer points.
The casino licensing procedure takes place in several stages. Any permit provides its own personal requirements to the licensee.
We have made a list the best jurisdictions that allow operators to carry out gambling business on a worldwide basis and create optimal conditions for business operations.
So, let's move it!
This state is small and independent, and it joined the EU in 2004. Today it is considered to be one of the most influential jurisdictions, which is recognized all over the world and is held in great respect of gamblers. The existence of a Maltese online gambling license helps to big up the status of a gambling establishment in the eyes of users.
This republic was the first that had started to regulate online gambling in terms of legislation. At the moment, a gambling license has already been issued to more than 500 legal entities. Gambling is regulated by a special state committee (LGA).
Malta has been dealing with casino licensing since 2000, and since 2004 there have appeared some new rules that have divided online casino license into four classes:
The registration of a firm can be conducted only by a Maltese legal entity. A license is issued for a period of five years with the possibility of renewal. An equipment inspection is carried out on a periodic basis. In case the results are disappointing, the gambling license can be stemmed or revoked.
Costa Rica is a really unique country that has already issued more than two hundred licenses. However, it has not yet drafted legislation that would somehow control Internet gambling. The only restriction here is a ban on the operation in the country's territory.
This is a casino offshore zone with a sustained economy and favorable political climate. Spanish legislation is used as a constitutional framework. Companies here are not controlled, not regulated or tested.
The described country is not exactly a world-class offshore, therefore, gambling establishments with a permit of such a jurisdiction can work even in the US and EU countries.
In case you are planning to get an online casino license, you should have a presence in the state, i.e. to have an office and employees. But do not worry, there will not be any difficulties, you will not need to fly anywhere. As a matter of fact, you can quickly rent an «office» and find a representative through intermediary firms.
Advantages of the jurisdiction:
As we have already mentioned, for being able to obtain a permit, you must pass the incorporation procedure. Only after this an application can be filed, and then it will be considered by the Department of Justice. If everything is fine, within six weeks a document with several conditions will be issued:
You probably wonder what is the e-Zone? It can be described as a zone with stable tax rates. It guarantees protection against changes in taxation with duration of validity until 2026. The only tax is 2% of net profit.
What advantages do the Curacao jurisdiction offer operators:
Kahnawake is an official regulator of the gambling business from the Canadian province of Quebec. It has been issued casino licenses since 1996, and from that moment on over two hundred casinos have been registered here. Casino licensing in Kahnawake is based on the principle of fairness of the game process and its purpose is consumer rights protection.
A committee consists of 3 experts, who run for office again every 2 years.
This jurisdiction offers four licenses:
A separate permission is needed for the opening of a poker room.
A regulative body has the following standards for licensees:
The license from Kahnawake requires the casino site to adhere to the following conditions:
This is a Crown Estate. For being able to control the casino business, a special committee was created, which introduced the concept of «online casino» in 2001.
There are two kinds of permits:
A separate permit should be received of the network service, in case you are interested in installing a server outside the national territory.
Requirements of the jurisdiction for licensees:
A price of a standard license is 45 thousand dollars annually. In case you want privileges of the network service, it will be necessary to pay 64.4 thousand dollars. Nevertheless, favorable conditions for business dealing and the regulator's wide experience completely pay off such costs, so it would be definitely a wise decision to buy casino license from authorities of Isle Of Man.
In case you have the lack of knowledge on how to obtain casino license, what to do and where to start — address Casino Market. Experts of this firm have first-hand knowledge of casino licensing in all known jurisdictions.
If you are interested in the purchase of a permit and you want to be sure that you will succeed, it's better to use professional assistance. For burgeoning entrepreneurs, Casino Market offers an opportunity to buy turnkey casino with license, thus saving both time and money.
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