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A real reason why you need an online gambling license
You’re about to open an online gambling business? Then you should follow these basic rules right from the start:
- Offer an exceptional product to your clients – Without a license you won’t be able to match up against online casinos armed with the best software, such as Evolution Gaming, PragmaticPlay, NetEnt, Hacksaw Gaming and others.
- Provide the best experience – If you offer top-notch payment methods, you can make sure that your players can deposit and withdraw money quickly and easily. This way, you can make sure that they come back to play again and increase the revenue of your online gambling company.
- Make sure your clients can trust you – Before risking their money, most players check if a casino has a license. This is the only way you can increase revenue and attract whales – players who wager large sums of money.
Four Steps to Acquiring a Gaming License
For entrepreneurs seeking an igaming license, the path to obtaining one involves a number of different stages. The complexity varies depending on the type of license being sought. However, the overarching process includes the following crucial stages:
Initial assessment: Exploring the feasibility
The journey begins with an assessment of the feasibility of a gaming license. This is like looking into the future to find out if you’ll get the green light for your online gambling ambitions. This preliminary investigation provides you with an informed perspective on your venture.
Document Compilation: Gathering Essentials
Matched to the license category you’re looking for, the essential documents are carefully compiled. These documents are like precisely arranged puzzle pieces that form a comprehensive compliance mosaic. This compilation demonstrates compliance with regulatory guidelines and lays the foundation for your eligibility.
Establishing the Foundation: Setting the Course
Before we apply for a license, it’s imperative that we establish a solid operational framework in the right jurisdiction. This prudent action aligns regulations and opens opportunities to optimize financial results.
Submitting the Application: The Formal Application
After careful preparation, the moment comes when we can officially submit your license application. Collaboration with regulatory agencies simplifies this process. This synergy allows for swift progress, culminating in a quick and positive decision on the license.
This report summarizes the path to a gaming license. Each stage is a methodical and coordinated endeavor that is essential to your presence in the dynamic world of online gambling.
Most popular online gambling licenses
All over the world, there are regions that are considered beacons of gambling regulation and offer different licenses for different needs. Some of the well-known licenses include:
Curacao Gambling License
Once a popular choice for startups, regulations in Curacao have changed. All active operators, software providers, and platform providers must either accept the new rules developed by the Curacao Ministry of Finance or switch to readily available alternatives.
Anjouan Gambling License
Recent regulatory changes in Curacao helped the Anjouan license to rise from the ashes. The license has existed for several years but couldn’t receive recognition from the iGaming community. Today the Anjouan license is one of the most sought-after licenses for startups.
Tobique Gambling License
A true alternative to Curacao and is administered by the same people who have administered the license in Curacao for the past 25 years. It offers the same advantages as the once-popular Curacao and is ideal for startups that need a license quickly.
Maltese Gambling License (MGA)
The Maltese MGA license is often referred to as the “Bentley” of licenses, representing high standards of compliance. The good reputation, gateway to European countries and tax benefits have made the MGA one of the most popular licenses. It is probably not the best choice for startups, but many growing companies consider MGA at certain stages.
Isle of Man Gambling License
Ideal for those who venture beyond the borders of Europe into unregulated areas. Great reputation of the license can open up more opportunities in certain jurisdictions. 0% corporate and income tax give this license an advantage over the MGA license for some businesses.
Kahnawake Gambling License
The Kahnawake license offers similar benefits to the Anjouan, Tobique, or Curacao licenses. It is a strategic choice for some casinos that want to tap into more jurisdictions and operate in countries that are restricted by other licenses.
Here is what you will receive from us
LicenseGentlemen team will help you get a gambling license in the shortest time possible. We work with leading gambling operators, gambling platforms, and software providers seeking both B2C and B2B licenses.
- You’ll get the license as fast as humanly possible. We work directly with regulators and the application process is fast and painless.
- We work with you on all the documents so you don’t spend months filling out application forms.
- You don’t have to spend thousands of dollars on consultants. You can always reach out to us if you get stuck. We’ve helped more than three hundred entrepreneurs start their businesses, and we’ve seen it all – platform providers who can’t deliver a quality product, payment system providers who don’t do what they promise, and commissions that businesses should never pay. You’ll get help at every stage of your project.
- It’s not enough to open a business and get a license. You also have to maintain the entire structure to make sure you don’t get your license revoked. We’ve done a good job of communicating with our clients so they can focus on their business and not have to deal with the bureaucracy of maintaining their licenses.
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