Fees for gaming employee licences

Casino License: How to get it?

Why do you need to license an online casino?

Every fair operator, who wants to launch a virtual casino legally, starts his journey in gambling with getting a license. This document protects business owners from problems with the law and increases confidence among players. In addition, an iGaming permit is needed for company registration, bank accounts opening, and establishing business relationships, as it serves as a proof of your integrity and creates a reputation of a reliable enterprise in the eyes of B2B suppliers and players. 

An iGaming license gives you a right to operate in regulated markets and protects you from fines, imprisonment, and legal consequences. A permit is also necessary to enter new markets, it can help when working with well-known game developers and financial organizations. Despite the significant up-front cost of the gambling license, it will definitely pay off in the long run.

How to get an online casino license?

Licensing conditions vary depending on the jurisdiction, where you apply for the permit. Nonetheless, we can highlight the most common requirements for many gambling legalization locations:

  1. Registering a business and placing servers in the jurisdiction
  2. Preparing full and detailed info about an applicant, key casino employees, origin of funds, and gambling activities on the website
  3. Implementing the principles of the AML policy on the platform, as well as placing there info about gambling addiction and prohibition of gaming for minors
  4. Collecting all required documentation
  5. Paying fees

What documents are needed?

The same as with the licensing conditions, the required documents pack differs from place to place. Let’s list the ones which you will need in any case:

  • Proof of no criminal record
  • Copies of passports of business owners and key employees
  • Bank statements/copies of utility bills
  • Games and software description
  • Business plan

Usually, before issuing a license, competent bodies initiate background investigations in order to ensure that the operator is fair and his business will not spoil the jurisdiction’s reputation. Those who have no problems with the law and have followed all the recommendations have nothing to fear, but you should be prepared for long bureaucratic procedures.

How LicensingAid can help you?

You can contact LicensingAid to facilitate the application process. Our specialists help to prepare the necessary documentation and meet all the administrative requirements of the jurisdiction where the client receives a gaming license. We assist in the following matters: 

  1. company registration, including trademark and design registration;
  2. opening of bank and trading accounts;
  3. creating and writing a responsible gambling policy and advertising policy;
  4. conducting full-fledged independent audits to comply with all anti-money laundering (AML) standards.
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How to choose the jurisdiction?

There are plenty of attractive locations, which offer license acquisition for operators. When choosing, pay attention to the following factors:

  • The audience you can target with the local permit
  • Licensing requirements and mandatory documents
  • The complexity of the application process
  • The cost of a permit and taxes
  • The validity term of the license
  • Local iGaming legislation and control acts
  • What gambling types does the license include

If you are still not confident about the choice, feel free to ask for advice. Our experts can pick up the best option for you.

Top jurisdictions for issuing casino licenses

Curacao 🇨🇼

Affordable price, low tax rate and moderate requirements make a license in Curacao very attractive for online casino operators. There are two types of gambling licenses on the island of Curacao: a basic license and a sub-license. Curacao allows you to organize all types of available gambling within one license. It should be noted that the final cost of the license is determined by a number of factors. It takes about six weeks for the Curacao Gambling Commission to review the application.

Malta 🇲🇹

The Malta Gambling Regulatory Commission offers licenses for both B2C and B2B activities. B2C licenses, in particular, are divided into four types, while each of them allows the holder to organize different types of business. Licenses are valid for ten years. Once the application and all relevant information are accepted by the Maltese authorities, a decision is made within a period of 12 to 16 weeks. The minimum total amount of all fees (initial application fee, license fee, system audit and compliance audit fees) is €36,000.

United Kingdom 🇬🇧

The UK is another jurisdiction that issues online casino licenses. The UK Gambling Commission (UKGC) accepts license applications for both land-based and online casinos. Operators with a cross-licensing agreement with the British government can apply for a license in the UK. Obtaining a license in the UK is very expensive for operators — the cost of a British gambling license starts at about £25,000. 

Alderney

The Alderney Gaming Commission (AGCC) is one of the leading licensors and regulators of the iGaming industry. AGCC offers Category 1 and Category 2 licenses, as well as certificates of compliance and a provisional license. The application process consists of several steps and lasts at least four weeks. Unfortunately, there is no final fixed cost, it depends on many factors and starts from £10,000.

Gibraltar 🇬🇮

The Gibraltar license is valid for five years and has gained full trust among both players and software providers. The Licensing Department considers only companies that have experience in the gambling industry, other licenses issued by recognized jurisdictions, good financial condition and a credible business plan. In general, the prices have a simple and straightforward structure: for B2C operators of online casinos, betting platforms, and sites with other gambling products license will cost £ 100,000. For B2B service providers the cost will be £85,000. 

How much does a casino license cost?

License fees vary from jurisdiction to jurisdiction. Typically, the total cost of obtaining a casino license on the Internet is made up of a number of factors. The main part of the total payment is the application fee. It is also necessary to pay a high price for company registration in the country where you plan to obtain a license. In some jurisdictions, you have to pay an additional fee to renew your license and update your documents. In some countries, it happens every five years, while in others, operators need to do it much more often. 

Frequently Asked Questions

How to quickly obtain a gaming license for a casino?

Obtaining a license to operate an online casino is not a quick process. The time to obtain it, as well as the cost, depends on the selected jurisdiction. In some countries, it may take a couple of weeks or a bit more than a month to get a license, but there are also stricter jurisdictions where the process can take a year or more. Before applying for a license, check your documents package as mistakes or inaccuracies in papers you submit can negatively affect the time period for obtaining a license for online casinos.

How much does a casino license cost?

License fees vary from jurisdiction to jurisdiction. Typically, the total cost of obtaining a casino license on the Internet is made up of a number of factors. The main part of the total payment is the application fee. It is also necessary to pay a high price for company registration in the country where you plan to obtain a license. In some jurisdictions, you have to pay an additional fee to renew your license and update your documents. In some countries, it happens every five years, while in others, operators need to do it much more often. 

Which license is the cheapest one?

It’s difficult to say what license is the most cost-effective in a long-term perspective, but currently one of the most affordable is the Curaçao permit. Obtaining it doesn’t cost a lot, in addition, there is a very attractive tax policy on the island. Nonetheless, before choosing a Curaçao license relying only on low costs, make sure that other conditions of licensing there are convenient for you and your business. The best option is to ask specialists, who can analyze all factors and offer you the best variants for your unique case.

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