Top Online Gambling Licenses: Ultimate Guide for Operators


Top Online Gambling Licenses: Ultimate Guide for Operators

Casino operators who are interested in entering the iGaming world should be properly informed about the rules and regulations controlling this industry. The first step belongs to gambling licenses, which will be our main topic in this article. Know how to get a gambling license, what is the online gambling license cost, and how you can apply for a casino license.

The iGaming license is a root point for the prosperous foundation of a casino project. Whether you are promoting a multiplayer title, an online casino, or a betting system, gambling license acquisition should be your top priority. Based on the casino’s aims and resources, today a huge variety of reputable and trustworthy licensing options exist to explore. We have collected all the finest authoritative jurisdictions that can bring you success and fame IF properly taken care of all set laws.

What is an online gambling license?

An online gambling license, issued by a regulatory authority, is an official document that permits a gambling company, such as a casino, to conduct its operations. This license enables the casino to offer its products, allowing players to register and enjoy the gaming services provided. However, it’s important to note that the granted license can come with specific restrictions and may only be valid in certain geographical regions, often prohibiting operations outside the designated jurisdiction.

Regulatory bodies grant these online gambling licenses to individuals or organizations involved in iGaming projects who have successfully met predetermined criteria. These criteria typically involve submitting a comprehensive business plan, providing detailed information about the company’s activities and financial performance, maintaining accurate accounting records, undergoing regular audits, disclosing information about the ultimate beneficiaries of the operation, and more. Moreover, the documentation must also include details about the games that will be offered and the software that will be utilized in the gambling services.

Main types of gambling licenses

New operators entering the iGaming world should choose the appropriate license. Nowadays, with so many available options for obtaining a gambling license, each with its own set of specifications such as varying prices, tax conditions, and gaming services authorized, the decision-making process can be daunting. Here’s a closer look at the main classification of licenses to know as an operator:

Fixedcost and grossbased gambling licenses

Licensees are obligated to transact the fees, usually collected annually. Chief types of those commissions are fixed and profitbased, which are determined by the gross earnings per year of the licensee. The amount for a grossdependent license may vary, determined by the company’s inaugural scheduled gross profit, which is determined in the registration stage according to the presented budget planning. Additionally, applicants should also pay a fixed fee for the licensing evaluation. Take into account that the fee and duration for evaluation are not fixed and depend on the license jurisdiction and type.

B2B and B2C licenses

These formats of licenses are for those providers who offer their gambling products and solutions to casinos. These B2Bs are committed to providing their partners with iGaming software, casino, and wagering platforms, game varieties, and Application Programming Interface solutions. Those companies that offer iGaming content to betters or users who should obtain B2C licenses come in traditional and virtual casinos.

iGaming licenses by solutions permitted to provide

While several B2C and B2B licenses permit all gambling formats, others may only permit specific iGaming products. Sometimes, just one license is enough, while in many different cases, operators should apply for licenses for each service offered. These services may include realtime games, bingos, sports wagering, live casinos, slots, jackpots, and even virtual sports, among others.

Licenses by jurisdiction

Gaming Jurisdiction refers to any jurisdiction, whether it be at the federal, state, or local level, where the Company or any entity connected to the Company, either directly or indirectly, holds a beneficial, legal, or voting interest and engages in casino gaming activities, both presently and potentially in the future. Nowadays, there are about 54 jurisdictions.

Undoubtedly, it is obvious that licenses have different juridical support with regard to their ability to function in various markets. Determining the appropriate authorisation for your casino is a critical coefficient to have in mind after identifying potential markets. Below will see today’s most reputable, credible, and fair jurisdictions regulating from different world corners, and are being chosen from many operators.

Who should obtain an online gambling license?

Obtaining an online gambling license is a legal necessity for every operator. Such a license serves as a vital asset throughout all facets of the iGaming world: it affirms the company’s credibility in the eyes of audiences and possible partners. But for whom is it mandatory to acquire an online gambling license?

Here are the main companies that should obtain gaming licenses:

  • Online Casino Operators: Those who manage and benefit from websites offering a variety of different casino activities. This category may also encompass the operation of online casinos and the conduct of live-streamed games.
  • Sportsbook Operators: Companies actively accepting bets on sport events, including traditional sports and live event betting.
  • iGaming Software Developers: Companies specializing in iGaming platform creation may need a license to demonstrate compliance with applicable laws and regulations.
  • Payment Gateway Providers: Companies involved in processing payments for casino establishments may also require licenses to establish their trustworthiness and safeguard their clients.
  • Other iGaming establishments: Companies engaged in the gaming sector or interacting with its clientele, such as service providers, consultants, and entrepreneurs involved in the organization of various other forms of gambling.

Please note that the specific licensing requirements and categories may vary by jurisdiction, so it’s crucial to adhere to the regulations of the respective governing bodies.

Top gambling licenses

Serious and respected online casinos have one thing in commonthey all hold licenses issued by reputable commissions. Many of them grant a license, but operators may wonder which license they should opt for. We have chosen license issuers that have a huge experience in this industry, are extremely trustworthy, and have strict terms.

1. Isle of Man Gambling Supervision Commission

The Isle of Man debuted to legalize iGaming starting from the late 2000s, placing itself among the pioneers in the EU to initiate this step. The region’s licensing system is valued for its rigor, responsiveness, and faithfulness to the industry’s strict ethical criteria.

isle of man

An independent British Crown connection has a regulatory body, the Isle of Man Commission, that formed giving licenses for iGaming and wagering operations back in 2009.

Regulatory issues are associated with B2C or B2B licenses, which are retained in almost all variants of iGaming solutions. The Government of the island awards a solo license for B2C operations, and the payment is £5000 and takes 23 months to process.

2. Curaçao eGaming

Concerning the Curacao license, we can confidently say that this is one of the most demanded and soughtafter iGaming licenses in the world. The simplified process of acquiring it and the really affordable price make it very popular among operators.

curacao

Meanwhile, casinos with Curacao licenses have already a credible name in the market and can partner with both B2B and B2C companies. This license has been in force since 1996, which makes it the inaugural one in the field to grant iGaming and online wagering authorizations.

If you have decided on the Curacao license, have in mind to present a few important documents including the complete project structure, banking statements and account details, KYC processes, and also information about the business owners. The application process will take operators not more than 2 months, and the application fee will be in between10.00013.000.

3. Malta Gaming Authority

A longstanding regulatory body, which started functioning later in 2001 and until now manages the online gambling industry around the globe. Malta is the heart of iGaming, and many operators strive to get its issued authorization. Additionally, Malta is a credible and respected regulating body, which gives operators the ability to deliver iGaming solutions in more than 180 markets.

malta

Malta Gaming Authority grants licenses to both B2Bs and B2Cs, supporting a huge diversity of operational formats. The B2C area requires an annual fee, comprising a fixed commission, which is non-refundable, and a payment that is revealed after the profit calculations.

To get the Malta Gaming Authority license, operators should showcase a range of records showing banking activity, ID documents, and policies. It will typically take around 612 months, and pay5,000. The authorization will be in force for a 10 years time frame, and to renew it after expiration, you have to pay another5,000 if the licensing terms and status has been modified.

4. UK Gambling Commission License

Established in 2007, the Commission serves as a regulatory and oversight jurisdiction for managing casino activity in the United Kingdom. It grants licenses to various iGaming companies, including B2B and B2C businesses, as well as personnel such as croupiers, dealers, and inspectors.

After a time frame of five years, the holder must undergo another confirmation process, which is an essential part, to approve the license following the actual terms and conditions.

london

With an eye to getting a license from the UK, licit documentation will be requested to present, including ID, company policies, banking statements, the project plan, and proprietary formation. The application for an operational license may take up to 4 months, and the fees will be between the range of £10,000 to £24,000.

This license is immensely reputable and appropriate and will enable you to start operating in many lawful markets. Moreover, it does not require an additional domestic license for functioning.

5. Kahnawake Gaming Commission

This Canadabased licensing body, headquartered in Quebec, gives casinos operating internationally iGaming licenses. Recently, it could prove that it has a huge position in this industry, boasting a registry of over 250 renowned operators. This jurisdiction enjoys a stellar reputation for maintaining high criteria of ethical gambling, turning it into an honored authority among the rest.

kahnawake

Kahnawake gambling license adds credibility to the licensee’s casino activities, instilling trust and confidence in their validity. The Commission maintains a vigilant watch over its licensees, ensuring that players receive a supreme degree of security and that business companions can have faith in their operations. To commence the application stage, an inaugural payment of $40,000 is requested to be made, covering both the commissions for the application and the primary year’s license fee.

This Canadian Commission’s license holders benefit from a 0% gaming tax, allowing them to reinvest more revenues back into their business. Coupled with a streamlined and costeffective application and setup, this makes it an attractive jurisdiction for numerous iGaming companies.

6. HM Government of Gibraltar License

A British border area, which began granting its proprietary casino licenses starting in 2014, chiefly dedicated to B2C operators. However, they do put forth a license for customer support service.

If a casino operator found the Gibraltar authorization a good match for its goals, it is mandatory to commence applying. As usual, a range of papers will be requested, including bank account details and statements, a comprehensive outline of your iGaming blueprint, and personal ID records for all owners and stakeholders. In addition, the casino should also present juridical papers that outline the company’s management and client service.

gibraltar

When assimilating with other regulating bodies, the full AZ procedure for taking your Gibraltar license is faster and typically can last from 2 weeks to 2 months, while they examine your presented documents. The license itself is valid for five years. But as you may already guess, after that period comes the updating process.

The main plus of holding this license is that yearbased fees and commissions are predetermined, which simplifies scheduling the financial resources ahead of time. Nevertheless, as a casino registered in Gibraltar, operators will pay a modest tax per £100,000 of their gross profit.

7. Swedish Gambling Authority | Spelinspektionen

Spelinspektionen, the official regulatory body for gambling in Sweden, is headquartered in Strängnäs. Its primary role is to predict and manage the gambling market, while also providing advice and support to the government.

The Swedish Gambling Authority has 3 main departments: operational – responsible for licensing and managing dissatisfactions; support; and communication department. Spelinspektionen has also presented Spelpaus.se, which is a self-exclusion system that blocks access to all forms of gambling.

swedish gambling authority

Presently, the approximate price of obtaining a gambling license from the jurisdiction is about 400,000 Swedish Krona (37,000 USD). Extending the license incurs an additional fee of 300,000 Swedish Krona (28,000 USD).

The Swedish gambling authority, Spelinspektionen, does not impose a maximum limit on the number of licenses issued. Instead, any company that meets the standards and criteria will be given permission to operate. However, licensees are subject to a relatively increased tax rate of about 18% of the gross income. Over Spelinspektionen, the Swedish Finance Ministry has jurisdiction.

8. Danish Gambling Authority | Die Spillemyndigheden

The official supervising and authorizing commission for gambling activities in Denmark is Danish Gambling Authority, also known as Die Spillemyndigheden, located in Odense. Its primary responsibility is to control and adjust the entire casino market as well as make sure the security of players from non-licit practices is guaranteed. In addition, the authority actively bans nonlegal gambling websites operating from other countries.

The Danish Gambling Authority has been assigned the responsibility of overseeing the implementation and enforcement of gambling laws, which encompass various forms of gambling such as lotteries, wagering, iGaming companies, poker tourneys, and brick-and-mortar casinos.

denmark

In 2021, it was reported that the establishment had once again forbidden more than fifty online casinos. Since 2012, gambling licenses have only been issued to private companies. Over time, the Authority has continuously strengthened its requirements and measures for user security.

The Danish Gambling license is typically valid for a period of five years. Except for the application and regular 20% tax fees, licensees should pay an extra 28% of their gross annual revenues to the Authority. Moreover, iGaming companies should take into account that the license fee is ranging from 7,400 to 220,000 USD. The Spillemyndigheden is known as one of the most strict gambling authorities in the EU. Consequently, a player register called ROFUS has been in place for several years.

9. National Betting Authority

The island of Cyprus, located in the Eastern Mediterranean, has been granting licenses to online gambling providers since 2007. The national gambling authority responsible for this is the cabinet, with the members and president serving four-year terms respectively.

The current form of the Cyprian gambling authority was established in 2012, coinciding with the Republic of Cyprus legalizing both offline and online sports bets. Since then, the NBA (National Betting Authority) has taken charge of assessing applications and overseeing licensed game halls and online providers. The NBA’s headquarters are situated in the capital city of Nicosia.

cyprus

The National Betting Authority upholds values such as respect, integrity, and professionalism, according to its own statements. Obtaining a license typically costs around 30,000 Euros per year, with an option for a 2-year license costing 45,000 EUR.

To be eligible for an NBA license, applicants must have a minimum starting capital of 500,000 EUR and must not accept cryptocurrency as a form of payment. In case of any issues, players can reach out to the small gambling authority in Cyprus using the provided contact form.

Furthermore, it’s important to note that the Republic of Cyprus has been a member state of the European Union since 2004.

10. Directorate General for the Regulation of Gambling (DGOJ)

In 2011, Spain implemented a new Gambling Law, which established the Directorate General for the Regulation of Gambling (DGOJ) as the governing body responsible for overseeing all gambling activities in the country.

This regulatory authority, a part of the Ministry for Consumer Affairs, holds jurisdiction not only over traditional, brick-and-mortar gambling establishments but also extends its reach to the online gambling sector. Its primary responsibilities encompass the regulation, approval, supervision, monitoring, and enforcement of rules and penalties related to gambling operations.

spain

The DGOJ issues general licenses with a 10-year validity period to eligible applicants who meet stringent criteria. Notably, there is no set limit on the number of gambling licenses that can be granted. Prospective licensees must meet various requirements, including demonstrating a minimum share capital of 100,000 EUR and satisfying specific technical standards.

The application process typically takes up to six months for the DGOJ to review all submitted documents. It is worth noting that the number of gambling licenses issued by the Spanish Gambling Authority has remained relatively low, typically in the low three-digit range.

It’s important to mention that the Spanish gambling license holds little significance for players from German-speaking countries.

11. Alderney Gambling Control Commission (AGCC)

Established in 2000, the Alderney Gambling Control Commission (AGCC) works independently, controlling the iGaming industry. Committed to upholding the “highest international standards,” the jurisdiction’s main goal is to safeguard the equitability and integrity of iGaming activities. License holders are obligated, among other requirements, to keep a financial balance making sure that there is always more funds available than the amount slated for player payouts.

alderney tg

The Alderney Gambling Control Commission, situated in Alderney, part of the Channel Islands and a British Crown dependency with a population of around 2000 inhabitants, can be contacted via postal mail at St Anne’s House, Queen Elizabeth II Street. In the event of any issues or concerns, users have the option to directly communicate with the employees of the gambling authority.

As per information provided on the licensing authority’s website, the initial cost of getting a license for the first year is about 17,500 Euros. Notably, there has been a significant decline in the number of gambling providers licensed by the AGCC. In 2018, 53 companies held licenses from the authority, but by 2019, the number had dwindled to 33. This decline may be attributed to the fact that many European Union countries have since implemented their own gambling laws, thereby legalizing online gambling within their jurisdictions.

12. Hellenic Gaming Commission

Greece has embraced modernity and innovation, leading to significant transformations across various sectors, including the dynamic landscape of iGaming. The iGaming sector in Greece is on the verge of substantial expansion, fueled by innovative changes and a dedication to responsible gaming.

The Hellenic Gaming Commission (HGC) serves as an autonomous administrative authority entrusted with the regulation, supervision, and auditing of gambling activities within the Greek Territory.

greece

The HGC’s core mission is to oversee and regulate gaming to make sure the licit and fair gaming activities, safeguarding the interests of players, minors, and the general public, as well as facilitating the proper collection of state revenue. The HGC envisions a landscape where all games are legal, secure, and devoid of adverse financial, legal, and social repercussions.

There are two main types of licenses available: one for operating sportsbooks and another for online casinos. In January 2020, the Greek Ministry of Finance submitted and received clearance from the European Commission for its planned gaming rules.

The application attests to the availability of two licenses, valued at €3 million and €2 million, for online gaming and sports betting. The validity of each license is seven years.

13. Romanian National Gambling Office

Another prominent gambling license in iGaming is the Romanian National Gambling Office, the main regulating body of Romania entrusted with the task of formulating and enforcing gambling-related regulations in the country.

romania

For a gambling platform to cater to Romanian customers, obtaining an ONJN Class I license is imperative. Initially, the license is given for one year as a temporary permit, followed by a 10-year permanent license. It’s not just the casinos who need to obtain licenses; software platform providers and partners involved in promoting agents also need to be authorized by the country. Each license type necessitates payment of specific fees, and compliance with Romanian laws is mandatory. Moreover, the solutions offered should adhere to certain norms.

The annual fees for gambling enterprises amount to €500,000, determined according to the company’s revenue. However, starting in 2025, these fees escalate to €1,000,000, irrespective of a casino’s income.


FAQ

Why do operators need an online gaming license?

The most immediate response isfor areputable namein the industry. The availability of a casino license has a huge impact on the company’s name, trustworthiness, and credibility. An iGaming license is also essential to fully operate in the industry, provide games, attract players, and expand their footprint in many markets. Without a license, the operator cannot function in important gambling market jurisdictions. Aside from that, even novice players check the project’s description to learn where the company is registered and what license it holds.

Which country is the easiest to get a gaming license?

Getting an online gambling license from Curaçao is relatively easy, making it an ideal option for operators of sports wagering and gaming. Applying to it is superfast and not expensive, with the island offering the lowest overall cost for such a license. Registering the license with the Curacao Gaming Control Board, which governs all gambling in the jurisdiction, is also a straightforward process. It takes no more than twenty days to finish the whole process of acquiring the license.

What is the difference between licensed and unlicensed online casinos?

The most apparent diversity between licensed and unlicensed casinos is based on the equitable behavior. To elaborate, authorized iGaming platforms are bound by terms and conditions established by the international gambling regulatory body that granted their license. Conversely, unlicensed casinos operate without any such restrictions. In simple terms, there exists no obligation for unlicensed iGaming platforms to fulfill payouts. While instances of this nature are uncommon, operators without any license could potentially get lost with your winnings. They can also offer an unjust gambling experience, poor customer support, and inadequate security measures.

Which countries do not require a gambling license?

There are offshore gamblingfriendly countries that can deliver services to residents. Armenia, Dominican Republic, and Seychelles, as well as a few countries in Europe such as Greece, Monaco, Norway, Switzerland, and Canada, are on the list that give green light. Note that in more than 30 localities, operators are not allowed to provide gambling products and content if they do not hold a license.

How is iGaming regulated in the USA?

Online gambling, in various forms, has gained widespread admission in almost every state, with 48 different states now accepting the most popular types of gambling activity. Each of those states operates with its own controlling body, establishing guidelines for approved gambling activities, permissible locations, and participant eligibility. Moreover, legal age demands for online gaming are different among states, with some enforcing a uniform minimum age for gaming, while others tailor it to the particular type of activity.

Conclusion

To conclude, until you make your decision, keep in mind a few key considerations when choosing a licensing jurisdiction for a gambling business. It’s important to carefully compare and assess all of the abovediscussed factors, prices, and timeframes to ensure that you have chosen the most appropriate jurisdiction for your goals and demands as an operator. Additionally, you may also look for professional advice from those who specialize in gambling licensing to make sure that your casino is under the current legal requirements and regulations.


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