Find out how we can help you obtain your online iGaming License             

GBO is a leading gaming corporate services company in the gaming industry, specializing in turn-key solutions for gaming companies and gaming startups.

Our services encompass everything that you need to start your igaming business including: company formation, gaming license, bank account setup, merchant account solutions, systems integration, and more.

 

One of the two best and easiest countries to get an online gambling license in the market:

  1. Anjouan Gaming License – A new license regulation is starting to be more and more popular with gaming operators and has a good option for a Curacao license.
  2. The new Curacao gaming License – We will assist with obtaining licenses under the new regime, once the new regulation is announced at the beginning of 2024.

 

Why choose GBO?

  1. Need B2B Gaming Help? Come to GBO: We have everything to make your gaming business better.
  2. About GBO: We’ve been helping gaming businesses since 2009. We can help you start and run your gaming company.
  3. For All Gaming Ideas: Starting a new game? Making your current one better? We can help.

GBO is a leading Curacao gaming service provider attending in conferences world-wide

Speak With Our Experts About Your iGaming License:

WhatsApp us: +972504938469, email us: info@gbo-il.com

    Why you should get the license from us?

    • Hundreds of licenses already obtained for our customers
    • Just 2-3 weeks for the complete licensing process.
    • Low-cost, smooth and simple process.
    • We assist you with opening bank accounts & PSPs
    • You need just one license for all gaming activities

    Read our Curacao Gaming License guide:

    1. You are here – How to get an online gaming license?
    2. Banking account requirements for online gaming businesses
    3. Curacao Gaming License costs and requirements
    4. How to set-up a gaming company and open an online casino business
    5. Online gambling license– How to keep the law and succeed at the same time?
    6. What licenses are necessary to run a gambling website?
    7. Online gambling jurisdictions and licensing authorities
    8. Why USD transfers are decreasing in Europe
    9. Where can you operate with a Curacao Gaming License?
    10. Recommended merchant accounts for online gaming businesses

     

    The first step in getting an online gaming license is to choose a jurisdiction where you will apply for your license. Getting your gaming license is one of the most important steps in setting up an online gaming business but there are many more components which you can read about in our guide to starting an online gaming business.

    Online gaming businesses can be extremely lucrative but it is also a sector that attracts those with corrupt intentions. Since online gaming became a booming industry it has become fraught with illegal, criminal and unethical elements. To counteract this situation online gaming businesses must now hold a license and meet certain regulations and standards in order to operate.

    The required licenses for starting an Internet gambling business depend on several factors:

    • Where do you want to establish and license your gambling business – Depending on the jurisdiction where you want to incorporate and license your business you may need one or several licenses. For example, in Malta or Curacao, one gambling license covers all forms of online gaming – lottery, bingo, casino, chance, skill, fantasy etc. In other jurisdictions, gaming authorities require that for each game you offer on your website you get a separate license. For example, in the UK you may need to get three different licenses for one site.
    • Where will your players be from – In some jurisdictions you must get a license from the country where your players reside or from a limited number of other recognized jurisdictions. This may mean applying for a gambling license in several jurisdictions where your players are located. For example, only companies from select jurisdictions can operate gambling websites in the UK and in the US you need to apply for a license from the particular states where your customers reside.

    Cheap Offshore Gaming Licenses

    Registering online gaming businesses in offshore jurisdictions has many advantages. To apply for an online gaming license in an offshore jurisdiction there are specific requirements. Offshore gaming licenses require many documents and details of the company’s directors and shareholders. In some offshore jurisdictions you may need the documents to be notarized. The documents need to be compiled and submitted to the relevant authorities who then complete due diligence and analyze the submitted documents before accepting or rejecting the application.  The application process is complex and time-consuming but it is a vital step in setting up a legal online gaming business. When choosing an offshore jurisdiction for your gaming license you should consider taxation and the cost of licensing.

    Cheap iGaming license is a legal permit issued by a regulatory body that allows a company to operate an online gambling or gaming business. The license ensures that the gaming operation is legitimate and meets certain standards of fairness, security, and responsible gaming.

     

    An iGaming license typically covers various types of online gambling, such as casino games, sports betting, poker, and bingo, among others. The requirements for obtaining an iGaming license vary depending on the jurisdiction and the type of gaming activity. Some of the factors that are considered by regulatory bodies when issuing iGaming licenses include the operator’s financial stability, technical capabilities, anti-money laundering and fraud prevention measures, responsible gaming policies, and the background of the key personnel.

     

    Obtaining an iGaming license is a rigorous and time-consuming process that involves submitting detailed documentation, undergoing background checks, and demonstrating compliance with the regulatory requirements. However, having an iGaming license is essential for operating a legitimate and reputable online gambling business. It provides players with the confidence that they are playing on a fair and secure platform, and it allows operators to access payment processing services, advertising opportunities, and partnerships with other gaming companies.

     

    What is the easiest country to get a gaming license?

    For several reasons, Anjouan, an autonomous island in the Union of Comoros, is frequently cited as one of the easiest countries to obtain a gaming license. Anjouan’s process is known for being quick and simple, with clearly defined document requirements. Because of this efficient approach, it is an appealing option for many people looking to enter the online gaming industry. Furthermore, the license issued in Anjouan is valid for one year, providing a reasonable time for businesses to establish themselves and begin operations without the need for immediate renewal.

    Curacao’s new licensing regime, on the other hand, is expected to be more stringent. Obtaining and maintaining the new gaming license in Curacao is becoming increasingly difficult. This is because of a push for more stringent regulatory standards and compliance requirements. Such changes are likely as a result of global trends in gaming regulation, in which authorities are focusing more on consumer protection, anti-money laundering measures, and ensuring fair gaming practices. As a result, companies seeking licenses in Curacao may face greater complexities and stricter oversight, making Anjouan a more appealing option for those looking for a more straightforward entry into the gaming industry.

    Cost of an iGaming License: Considerations and Factors

    Over the past few years, online gaming and gambling have gained popularity, which has fueled the growth of iGaming, or internet gaming. To operate legally, iGaming operators must have a license, and the cost of getting an iGaming license can vary greatly depending on a number of factors. In this article, we’ll look at the various aspects that affect the price of an iGaming license as well as the things that operators need to keep in mind.

     

    Cost of the Cheapest Gaming License: Various Factors

    The jurisdiction in which the operator plans to operate is one of the main variables that affect the price of an iGaming license. There are various regulatory bodies in various nations and regions, and each has its own standards and costs. Some countries, including Malta, Gibraltar, and the UK, are well known for their stringent regulatory policies and high licensing costs. Other jurisdictions, such as Curacao, Costa Rica, and Panama, offer more flexible and cost-effective licensing solutions.

     

    Type of License: The kind of license that is being applied for has an impact on how much an iGaming license will cost. For instance, operators might require different licenses for various forms of gaming, including bingo, poker, sports betting, and casino games. While some regulatory bodies require operators to submit separate applications for each activity-specific license, others offer a single license that covers multiple activities.

     

    Compliance Requirements: Obtaining and maintaining a cherap Gaming license depend greatly on compliance with regulatory requirements. Regulatory agencies frequently demand operators to adhere to stringent anti-money laundering policies, guidelines for responsible gaming, and technical requirements for the operation of online games. Continual reporting and monitoring requirements, security certifications, and third-party audits are just a few examples of the compliance requirements that can vary depending on the jurisdiction and the type of license.

     

    Company Size and Revenue: A company’s size and revenue can also affect how much an iGaming license costs. While some jurisdictions have a flat fee structure, others base their licensing fees on the company’s revenue. Larger businesses with higher revenues might have to pay more for their licenses because the regulatory body views them as posing a greater risk.

     

    The cheapest gaming license is defined by several factors, including the jurisdiction offering the license, the fees associated with obtaining and maintaining the license, and the ease of the application process. A low-cost gaming license typically has:

    1. Low initial application fees.
    2. Affordable ongoing license fees and taxes.
    3. A relatively simple and streamlined application process.
    4. Reasonable requirements for compliance and reporting.
    5. A reputable jurisdiction with a stable regulatory environment.

     

    Operator Considerations

    Operators should keep the following things in mind when estimating the cost of an iGaming license:

    Reputation and Trust: Although getting an iGaming license may be expensive, it is an investment that is necessary for running a reliable and legal online gambling operation. A gaming license gives customers the assurance that their transactions are safe and secure, which can increase customer loyalty and trust.

     

    Return on Investment: When deciding whether to invest in an iGaming license, operators should take this into account. Even though the price may be high, it may give you access to a regulated market, better options for processing payments, and bigger player bases, all of which can boost your earnings and profitability.

    Long-term Costs: Operators must also take into account the ongoing expenses of keeping an iGaming license. It can be expensive and time-consuming to comply with regulatory requirements, and failure to do so can result in hefty fines, expensive legal fees, and reputational harm for the company. Operators

    Why is an online gaming license necessary?

    • Being a licensed online gaming business shows players your commitment to a fair gaming policy.
    • Indicates transparency and so you have a better reputation in the eyes of the players.
    • Shows players the gaming site can be trusted and their private details are secure.
    • Promotes customer loyalty.
    • Being a legal, licensed online gaming company makes relations with the authorities straightforward.
    • Ability to set-up a gaming merchant account.

     

    Licensed online gaming businesses are regularly assessed and regulated. All of the most respected online gaming companies are licensed in one or more jurisdictions. Having a gaming license is important for your company’s standing and for the quality of the service you deliver.  A licensed online gaming company is unlikely to act illegally or unethically. Clients know that if they visit a licensed online gaming website they will get good service and be dealing with a gaming business that adheres to accepted standards and can be trusted. This of course contributes to the website’s success, as players feel safe gambling on the site and recommending the site to other.

    Gaming Websites Are Responsible for Blocking Players from Countries where Online Gambling is Prohibited

    Online gaming companies licensed in respected jurisdictions like the UK or Malta are required to take responsibility for restricting players from countries where online gaming is prohibited. As a licensed gaming company one of the requirements is to uphold the law and deny access to players from countries that do not allow online gambling. The licensing authority and the country where online gambling is prohibited can hold the gaming site liable and impose fines for not complying with this regulation. By not upholding this regulation the company, shareholders and directors are all breaking the law and liable to get their license revoked, especially in Europe and the USA.

     

    Some Gaming Sites Uphold These Restrictions While Others Find a Way Around Them

    Licensed gaming businesses can implement IT structures for preventing restricted players from accessing their websites. This is done by blocking specific IPs and locations. Other gambling websites get around these regulations by setting up corporate entities in blacklisted countries like Curacao and targeting players from restricted countries via these Curacao-based companies. It is preferable to uphold the rules and regulations and obtain the necessary licenses in order to run a respected and legal online gambling company.

     

    How much does an online gaming license cost?

    The price of an online gaming license from an offshore jurisdiction varies but to give you some idea, Curacao gaming licenses cost 20,000-25,000 Euro, and Kahnakae gaming license cost around 50000 USD. There are several factors that affect the price of an offshore online gaming license: the advisory fee which varies depending on the type and complexity of the business and the liquidity of the company owner’s personal resources.

     

    iGaming license research:

    Numerous industries, including the gambling industry, have undergone radical change as a result of the digital age. The popularity of online gaming has skyrocketed, and it now generates billions of dollars a year. But with this increase, it is critical to have oversight and regulation. The online gaming license is one of the important aspects of this oversight. Let’s explore the complex world of online gaming licenses, considering their value, benefits, and method of acquisition.

     

    Why do you need an iGaming License?

    Licenses for online gaming are necessary for a number of reasons, including:

    1. Trustworthiness: A license acts as a regulatory body’s seal of approval, informing players that the platform runs honestly and lawfully.
    2. Legal Operation: In many jurisdictions, it is against the law to operate an online casino or gaming platform without a license. A license guarantees that you are not breaking the law.
    3. Market Access: A lot of countries block unregulated gambling websites. A license guarantees that more people can access your platform.
    4. Banks and payment processors frequently turn down gambling businesses from unlicensed gaming platforms when it comes to financial transactions. A license guarantees efficient financial transactions for your company.

     

    Benefits of operating under a valid Gambling License

    Having a valid online gaming license has a number of benefits:

    1. Credibility and Reputation: Players are more inclined to believe in and use a platform that they are aware of as being licensed and regulated by a regulatory body.
    2. Defense from Legal Actions: A license serves as protection from possible legal action and hefty fines.
    3. Better Business Deals: Licensed platforms have access to top software developers, payment processors, and advertisers that they might not otherwise have.
    4. Increased Revenue: Platforms may be able to produce more money with more trust and access to bigger markets.

     

    Conditions for Getting a Gaming License

    Depending on the jurisdiction, the precise requirements can change, but some general standards include:

    1. Background Checks: To ensure no criminal histories, owners and key personnel must submit to thorough background checks.
    2. Financial Integrity: To guarantee that the platform can pay out winnings, it is frequently necessary to provide proof of the platform’s financial integrity.
    3. Software Fairness: Game software needs to be demonstrated to be fair, frequently necessitating certification from outside testing organizations.
    4. Data security: Platforms must take precautions to safeguard player and financial data.
    5. Gaming responsibly: Self-exclusion tools and policies are frequently required in order to promote responsible gaming.

     

    The steps involved in getting a gaming license

    Countries of Research: Licenses are not all created equal. It’s essential to conduct research and pick a jurisdiction that supports your company’s objectives.
    Documentation preparation Amass all necessary paperwork, such as business plans, financial statements, software certifications, and other things.
    Application Submission: After selecting a jurisdiction and assembling all required paperwork, submit your application along with the required fees.
    Review: Regulatory bodies will examine your application, run background checks, and assess the fairness of the software.
    If all conditions are satisfied and the review is successful, you will be issued a license to operate.

    Costs of an online gambling license

    Depending on the jurisdiction, the costs involved with obtaining an online gaming license can vary greatly. Costs can generally be divided into:

    1. An upfront fee is required when submitting an application.
    2. Licensing Fees: Costs related to the license’s actual issuance.
    3. Annual Fees: Ongoing costs to keep the license active.
    4. Costs associated with software testing and certification include testing and certification fees.
    5. Legal and consulting fees: It is frequently wise to enlist professionals to help you navigate the licensing process, but doing so comes at an additional cost.
    6. The real costs can be from 25000 EURto 300000 EUR- depending of the license jurisdictions.

     

    How to Conduct Market Research for an Online Gambling Business: Recognize the environment, your target market, and the competition.

    1. Select a Reputable Software Vendor: The software supporting your platform will have a significant impact on its quality.
    2. Get the Required License: As mentioned, this is a necessary step.
    3. Safe Payment Techniques: For your users, make sure there are several secure payment gateways.
    4. Design and User Experience: More players will sign up on a platform that is user-friendly and appealing.
    5. Marketing and Promotion: Once your platform is operational, attracting players will depend on the success of your marketing efforts.
      Despite the fact that the world of online gambling offers lucrative opportunities, it is risky to operate there without the necessary authorization. In addition to offering legal protection, a license also improves the platform’s standing and dependability. Entrepreneurs can thrive in the dynamic world of online gaming by understanding the complexities of the licensing process and its related benefits.

     

     

    FAQ

    Which countries are easiest to get a gambling license?

    This question is especially important for those who wish to launch an online gambling business. Consider the regulatory environment, costs, and application ease when choosing a jurisdiction. Some countries have easier procedures. Online gambling operators like Curacao for its affordable and fast licensing process. Its single license covers multiple online gambling activities, making it appealing. Costa Rica has another easy licensing process. Operators can get a data processing license to operate in the country without a gambling license.

     

    Gibraltar, with a strong track record and transparent licensing process, also makes gambling licenses easier. The well-regulated jurisdiction has strict requirements but reasonable fees. Malta Gaming Authority (MGA) licensing is easy in EU member Malta. MGA applications are lengthy, but the industry respects them.

     

    In conclusion, when asking which countries are easiest to get gambling licenses, it’s important to research each jurisdiction’s requirements, reputation, and long-term stability. This will help your online gambling business succeed and avoid legal issues.

    How hard is it to get a gaming license?

    There are more than 50 countries and territories that presently allow companies to operate online gaming activities. The degrees of availability in terms of who can operate the casino websites differ greatly. Some only permit companies from inside the country, some, particularly in the EU Freezone, recognize other jurisdictions, and some are open to all.

    Another difference is whether single-license operations covering all possible gaming types are on offer, as in Malta gaming license and Curacao. The alternative is to purchase an individual license for each gambling type.

     

    How long does it take to get an online gaming license?

    In some quality jurisdictions that are attractive to gamers, like Curacao, it is possible to buy a sub-license from a fully authorized license holder, and be up and running within three weeks with our help. Many other countries make it difficult for foreign entities to purchase a license, with high costs, lengthy reviews of up to a year, and strict rules on corporate finance levels.

     

    How do I check my Curacao gaming license?

    In Curacao all e-gaming licensing is controlled by the Curacao Department of Justice. There are two types of licenses – Master license and Sub-license, but only sub-licenses are being issued at present. The Curacao Internet Gaming Association (CIGA) is responsible for issuing gaming sub-licenses to operators; service providers and software professionals in the e-gaming industry under the authority of the Curacao Gaming Commission, which is a highly respected jurisdiction in the e-gaming industry.

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