Online Gaming has proven to be an incredibly popular and profitable business model. With the rapid expansion of the industry a number of forward thinking governments worldwide set up regulatory framework to facilitate the licensing of online gambling operations. However, as online gambling is considered a prohibited activity in a number of countries, most online gambling licenses are issued by the governments of ‘offshore countries’.
Generally speaking, obtaining an online gambling license is a complex process involving a variety of due diligence requirements which must be fulfilled, that said, most Online Betting and Online Casino businesses have some form of online gambling license.
All legal online gaming businesses must be registered and in compliance in at least one jurisdiction. The most common jurisdictions that online gambling businesses register in are Caribbean nations such as Antigua and Barbuda, Costa Rica, and Curacao and European nations such as Malta and the UK.
With more than 10 years of real world experience in the Online Gaming Business our team hold the necessary skills to manage your eGaming business with you and guide you through the license approval process.
We ensure our clients are able to operate in the most tax-efficient way while ensuring the structure remains compliant.
We assist our clients in obtaining Online Gambling Licenses in Malta , Costa Rica and A Curacao.
Following the Public Lotto Ordinance Act in 2000, Malta the first EU member state to introduce Remote Gambling regulations and deliver remote gambling services for online gambling.
Online gaming and betting companies licensed with an Online Gaming License in Malta are one of the fastest-growing business sectors in Malta. Companies with an Online Gaming License in Malta are regulated under the provisions of the Remote Gaming Regulations.
The first online betting site in Malta was launched in 2000. Since then, the Malta Gaming Authority (MGA) was created to regulate all forms of gaming in Malta, including remote gaming operations. In April 2004, the Regulations were published, making Malta the first EU member state to regulate remote gaming.
The remote gaming regime applied by the MGA is both technology- and game-neutral, therefore encompassing any type of gaming offered by means of distance communication (including, but not limited to, internet, digital TV, mobile phone technology and telephony). Any game offered by means of distance communication, which can be securely managed and is compliant with the Regulations, will be reviewed and considered for licensing by the MGA.
There are 2 types of online gaming licenses issued in Malta a B2C license or a B2B license Licensees must have the core part of their online operation physically located in Malta.
Costa Rica was the preferred jurisdiction for hundreds of online gambling companies operating many hundreds of gambling websites, making it an excellent jurisdiction for start-ups in the online gambling industry.
It is still incredibly popular and effective today for those utilizing alternate payment methods such as crypto-currencies i.e. bitcoin, ethereum, etc.
It is low cost and easy as there is absolutely no license of any kind required.
Online Gaming License is our recommendation for most start ups. The Curaçao Gaming Control board made online gambling a central industry for the island of Curaçao, and with doing so expanded the island’s licensing capabilities.
At this moment in time the sub-licensing opportunities that exist are both low cost and easy to obtain making Curaçao the #1 top jurisdiction for launching a licensed Online Gaming Business.