Bitcoin Online Casino Licensing
Because Bitcoin is the most popular and recognized medium of trade in the crypto world, it can make good business sense for new crypto gambling investors to start with a single offering of gambling on a licensed Bitcoin casino.
Most countries do not yet regard Bitcoin as a currency, so licensing a casino that can handle Bitcoin can be done the same way as a regular casino. GBO has been offering complete turnkey packages for customers looking to set up casinos in the key locations of Curacao and Malta for nearly 15 years. You should let us take the necessary steps, and you can be up and running in just a few weeks.
What does a crypto gambling license cost?
Setting up an online crypto casino involves many steps. The crypto gaming license cost is just one of the many associated costs. It would help if you let GBO be your guide because we have the necessary skills and experience to ensure that you have the best possible solution.
One of the main variables in the crypto casino license fee structure is the country in which you base the casino. The first choice you should make is to select a jurisdiction that issues recognized and acknowledged licenses. Gamblers are very wary of countries that allow unregulated gaming, because there is a long history of illegal and criminal organizations that disappear overnight, taking all of the players’ funds with them. This is primarily a risk for crypto casinos, because cryptocurrencies are totally untraceable.
Crypto gaming license costs will include the formation of a corporation inside the licensing country, and the establishment of the required infrastructure, including a gambling software platform, payment services, banking and all the required personnel. Crypto casino license requirements dictate the presence of local directors, the identification of Ultimate Beneficial Owners, and due compliance with Know Your Customer (KYC), Anti-money Laundering (AML) and Countering the Financing of Terrorism (CFT) laws.
White label crypto casino
A white label crypto casino is a type of online casino that allows clients to use the platform and branding of the white label provider to launch their own crypto casino. The white label provider typically offers a turnkey solution that includes the software, games, and payment processing, while the client is responsible for marketing and customer support.
White label crypto casinos offer a range of casino games, such as slots, blackjack, roulette, and poker, that can be played using cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin. These casinos are often licensed and regulated by gaming authorities in the countries in which they operate and are required to meet certain standards for security, fairness, and responsible gambling.
White label crypto casinos offer a convenient and cost-effective way for clients to enter the online gambling market and offer their customers a wide range of games using cryptocurrencies. However, it is important for clients to carefully research and evaluate the reputation and track record of the white label provider before signing up for their services.
What is white label crypto online casino?