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However, obtaining a license does not mean that any country will now welcome a new operator because the legal systems of some countries (almost all of the US states, Poland, France and others) forbid online casino games, in whole or in part. Moreover, local legal regulations may be inconsistent, and a country which had no issues with online casinos before may enact a law that blocks the activity of gambling sites on its soil. For example, until February 2017, Australia was being a favored place for online casinos of all stripes since the Australians were considered to gamble the most, spending about $8 billion a year according to a research made by Australasian Gaming Expo in 2018. This huge amount of money was going to foreign casinos bypassing the local budget. The new legal system, in particular Interactive Gambling Amendment Act 2017, prohibited the work of foreign casinos without a special Australian license, resulting in lots of gambling businesses leaving the country.
Learn whether online casino gambling is legal in Australia, as well as whether taxes apply. And wants to licence overseas providers itself, but the players have no part in the legal battle. You will need a licence if you intend to work for a licensed casino in Western Australia as a manager or as an employee where your duties relate to casino operations. Please be aware that the casino will advise you of whether you will require a licence or not. There are two types of licences: Casino Employee Licence; Casino Key Employee Licence. AUSTRALIA GAMBLER will assist OZ players to find the best online casinos that accept deposits and withdrawals in Australian national currency. We are also focusing on reviewing and recommending those sites with the best and secure gambling interface and environment, as well as fat bonuses and exciting promotions. Learn whether online casino gambling is legal in Australia, as well as whether taxes apply. And wants to licence overseas providers itself, but the players have no part in the legal battle.
A gambling license enhances players’ trust and address concerns about slots “rigged” RTP (Return To Player) percent and non-payment of big winnings. The reason is that a licensed casino regularly has its random numbers generator audited, and a compliance certificate is given based on the results of the examination. Generally, gambling websites have licensing info in a footer, and experienced players at their first visit always scroll down to see the jurisdiction where the site was licensed.
Online casino owners face a difficult choice of a reliable jurisdiction, which provides licenses that are valid in many countries. As of today, the choice is not rich, and gambling business owners undergo licensing in one of the following countries and territories:
Curacao
The advantages of this small Caribbean island are zero percent tax on casino profits, fast licensing process (usually about 1.5-2 months) and low ongoing expenses. A casino owner has to place computing power (servers) in the Curacao territory. Online gambling industry forms a great part of the island’s budget, which is why Curacao has such an appealing tax system.
Kahnawake
Canada is famous for its very tolerant attitude towards gambling in terms of legislation. In 1996, Kahnawake Gaming Commission was created, which, among other things, provides licenses for online casinos. The first annual license fee is $40,000, software inspection costs $15,000 and annual license renewal fee is $10,000.
Malta
Malta Gaming Authority provides two types of licenses (B2B and B2C) for a period of five years. Those operators who obtained a prestigious Maltese license are on the UK Gambling Commission’s ‘white list’, which allows them to offer their services to British players. The operators have to adhere to a number of requirements, such as filing financial statements, ensuring players’ personal data safety and creating a Responsible Gaming Policy.
The licensing procedure is conducted in several stages: the Authority considers an application—this takes 3-4 weeks—and then the casino obtains a temporary license for a period of six months. After that, based on the results of a thorough analysis, a five-year gambling license is given. In accordance with the new taxation rules, which came into effect on January 1, 2018, online casinos with “B2C – Type 1 Gaming Services” license (slots, board games, live games) pay annual taxes of 1.25% if their profit does not exceed €3.000.000, 1% for a profit of up to €4.500.000, 0.85% for a profit of up to €5.000.000, 0.70% for a profit of up to €7.500.000 and 0.55% for a profit of up to €10.000.000.
Gibraltar
In order to get a Gibraltar license, online casino owners have to prove their financial solvency, provide a business plan and be ready to perform transactions (winnings payouts, players’ credit card data processing) exclusively through Gibraltar’s banks. License holders pay 1% of their annual profit, but no less than £85.000.
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Apart from the jurisdictions above, online casino owners can also obtain a license from the UK, Alderney, Macao, Belgium, Denmark, Isle of Man and some other countries. Getting a license will help a gambling operator to work in compliance with laws and regulations, attracting players by complete transparency, financial transactions safety and fairness of the gambling process. Licensing leads to players’ loyalty. A client of a licensed casino is always sure that every reels’ spin, every blackjack deal is always determined by random number generator system where there is no space for any fraud and software manipulation.
A gaming license for online casinos allows:
- Buying a software from leading manufacturers;
- Customising reliable payment systems on the website that allow receiving payments and getting prize money in various ways;
- Running an honest and legal business;
- Building trust with the audience: players will not deposit their money in a dubious casino that has no license and thus does not guarantee the winnings payment. Moreover, the network has plenty of licensed online sources offering comfortable terms for mutual cooperation.
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Rules and regulations
In order to keep the gambling industry transparent, each jurisdiction has a set of rules and regulations that are codified by law. In order to obtain a gambling license, the operator should be compliant both with the law and the license conditions. E.g. for Curacao it’s National Ordinance Offshore Games of Hazard.
The number of rules and restrictions an operator needs to follow may also differ depending on the jurisdiction. For Curacao it includes:
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- An operator’s liability to conduct a policy, which prevents a gambling addiction
- The operator must always display a logo showcasing the type of license granted (master license or sub license)
- RNG certification
Enforcement
Any kind of enforcement activities is usually taken to protect the gamblers and keep the high standards of quality and transparency in the e-gambling industry. It may include formal enforcement, financial penalties, license suspension, and criminal enforcement.
Non-compliant Curacao gambling license holders usually experience administrative fines. However, various sanctions (including imprisonment) may be applied.
Gaming control boards
Each jurisdiction has a regulatory body, which regulates the gambling industry in each particular country and grants/denies licenses. The legal names may be different (e.g. gambling commission, gaming association, gambling board etc.) depending on the country but the umbrella term is Gaming control board.
For example, UK Gambling Commission and Curacao e-Gaming Licensing Authority are both gaming control boards.
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The Curacao e-Gaming Licensing Authority has received a responsibility to regulate an online gambling industry from Curacao Ministry of Justice in 2002. Before that, it was controlled by the Curacao Gaming control board.
How to get a license for online casinos?
Getting a license is a crucial step. Gambling business is a specific niche area that is not favoured in all countries, to say the least. Therefore, in order not to violate the local law and be able to conduct a legal business, it is vital to have a licence that grants permission from a relevant jurisdiction, a jurisdiction that is more loyal to online casinos. Each country has its own requirements, as well as the cost of the licence. One of the most profitable and reliable options available today is in Curacao, where you can get a gaming licence for an online casino remotely.
The Curacao license registration procedure is performed if all the necessary requirements are initially met, including the opening of a local company within the territory of the relevant jurisdiction.
Professional assistance in obtaining a license for online casinos
In some other cases, the paperwork for a gambling license can take up to a year. GamingLicensing offers expert help of professionals, who are already familiar with all the nuances of license registration process in most reliable and stable jurisdictions.
Gaming License Cost
GamingLicensing is your right-hand man in the process of establishing a licensed online casino operation with stable foundations and promising future. The cost of starting such an operation is represented in the table below:
| Registering a Company (Included in the price: physical address of the company, local director) | EUR 7,900 |
|---|---|
| Obtaining an Online Casino Gambling License | EUR 9,000 |
| Registration of the domain | EUR 10+ depending on the domain name and the domain zone |
| Expert Consultation and Assistance | FREE |
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FAQ
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What does a casino license allow you to do?
Gambling companies that have a legal license for offering gambling services to people can buy legal software from leading software companies, offer reliable payment methods in many currencies and forms, establish trusted relationships with the players who will, in turn, know their payments and winnings are safe and guaranteed.
Who controls gambling in a country?
Each jurisdiction (or country) has its own regulatory measures and laws pertaining to gambling that are regulated under the so-called Gaming Control Board. Gaming control boards come under different names and can be referred to gambling commissions, associations, board, etc.
What are some frequent rules and regulations you need to follow to obtain a license?
Each jurisdiction has specific rules, but the most common rules you need to abide by instruct gambling sites to conduct a Responsible Gaming policy that prevents gambling addiction, visibly displays the logo of acquired licenses, and provides an RNG certification stamp that vouches for the regularity and fair outcomes of games.
How to obtain a casino license?
To get a casino license, you need to get informed about local gambling laws in the country where you want to run a legal gambling business. The entire process can be simplified with some help from professionals in the field. One such example is GamingLicensing that can tell you more about the cost of licenses, the paperwork you need to submit, and the nuances related to the licensing process.