The process for obtaining a gaming license differs from jurisdiction to jurisdiction. The application process and requirements may have both similarities and differences from region to region. For example, in Belize the application process takes 3-6 months, while in Curaçao you will receive the final response in a month and a half. Also, the start-up capital, cost of application, and so on may differ.
Choosing a Gaming Licence
We can help you with applications for these licenses:
- Isle of Man
- Costa Rica
- Antigua and Barbuda
There are a variety of criteria that should be analyzed before making an application. Here are the main ones that are common to almost all jurisdictions:
- Application fee
- Renewal fee
- Licensing requirements for the companies with which you will do business
- Type of gambling activity (casino / sportsbook / other)
- Level of experience
How to apply for a gaming license?
In every jurisdiction, the applicant must prove the transparency and reliability of its business. Before applying for a gaming license, the operator must complete a series of steps:
- Registration of the company
- Collection of all supporting documents. For example, in some jurisdictions you have to submit documents about all founders and directors, while in others you have to provide complete business and financial plans.
- Open a trading or bank account
In addition, many jurisdictions require operators to provide the entire promotion strategy, as well as a software description and a report on technical testing of the systems.
Gaming License Application Form
You can find the gaming license application form of the jurisdiction you are interested in on the website of the gaming authority or from the agents who deal with licensing assistance.
- In almost all application forms, representatives should fill in:
- Name and surname
- Then you should choose the license type, which you are going to apply for, and enter the license holder.
- Also it would be necessary to put contact details, such as:
- Office telephone number
- ID card number
- Mobile number
- Email address
- After that, you should provide information about:
- High-level managers
- Finally, all required documentation must be submitted for further processing.
Our company consults in all aspects of obtaining a license in any jurisdiction you are interested in. You can contact our specialists for help filling in a license application form and advise on gathering all the necessary documents.
Paying Fees for Gaming Licence Application
The license fees depend on the selected jurisdiction. Accounting for the cost of a license involves factors such as the application fee, the annual license fee, and the annual renewal fee, as well as taxes and a variety of fees, depending on the jurisdiction chosen.
How much does the application for a gaming license costs?
The cost of getting a sub-license in Curaçao depends on the holder of the master license. Each master license holder sets its own application fee.
The fee to apply for an online gambling license in Malta is €5,000.
Isle of Man
The cost of application fee in the jurisdiction of the Isle of Man is £5,000 (approx. €5,600).
The application fee depends on the type of license as well as the GGY of the business. There are three categories of business and, accordingly, three types of licenses: Online casino, general betting virtual events, and bingo; online general betting, standard real events; and online pool betting. For the first category, the application fee starts from £4,224 and maximum is £91,686. For the second one it starts from £4,693, but the maximum for the initial fee is £41,243. The final category costs from £938 to £7,030 per application.
Application processing and getting a temporary License
Application processing differs from jurisdiction to jurisdiction. In some regions, you would fill out an online form, while in others you would download a PDF containing the application form. This process depends heavily on the gambling authority from which you want to obtain a license. After reviewing your application, you will need to have a meeting with a representative of your licensor within 21 business days. He will make sure that your operation complies with all the rules of the regulator. In some cases, you will be issued a temporary license to operate an online casino or other gambling business, with which you can complete the necessary checks and meet all the requirements of the licensor.
Reviewing the hosting
An internet server (hosting) for the casino is a remote technical equipment on which your gambling resource is physically based. Secure hosting and 24-hour support from the technical team of engineers, ensures that the business will always be safe and run without interruption. Some jurisdictions strictly monitor the location of servers and require them to be based in their territory. However, if you have not yet decided on the location of your casino servers, some licensors can help with that. The Malta Gambling Association, for example, can provide free sim cards, internet connection, and hosting, and you can also rent backup and recovery services and other equipment.
Frequently Asked Questions
There are many jurisdictions that offer the possibility of acquiring a gaming license. Each of them has its own specifics of licensing and its own requirements. The process of applying for a gambling license will not be the same. The operator in any case is obliged to prove the transparency of its intentions and honesty in doing business. The process of obtaining a license is quite complicated with many ambiguous bureaucratic issues.
We strongly recommend that operators who are interested in getting a gambling license prepare the entire package of documents which will be required to apply for a license, and make sure that they are correctly completed. This part of the process usually is the most difficult for applicants. If you make even a small mistake, you may be rejected.