The eGaming industry continues to develop at a breakneck pace and is estimated at more than US $180 billion in 2015. First online casinos date back to 1996 when this market segment was represented by 30 website. Today online gambling is one of the most advanced, competitive and beneficial markets and is expected to follow this trend.
Generally speaking, obtaining an eGaming or online gambling license is a complex process involving a variety of due diligence requirements which must be fulfilled, that said, most reputable Online Betting and Online Casino businesses have some form of online gambling license.
All legal online gambling businesses must be registered and in compliance in at least one jurisdiction. The most common jurisdictions that online gambling businesses register in are Caribbean nations such as Antigua and Barbuda, and Curacao and European nations such as Alderney, Isle of Man, Malta and the UK.
With more than 18 years of experience in the eGaming industry we are able to serve our clients in the following jurisdictions:
Belize – eGaming in Belize is a relatively new industry, and is conducted within its own legislative framework under the Gaming Control Board maintaining high online gaming industry standards.
Costa Rica — Costa Rica has become a home jurisdiction for more than 200 online gambling companies and 300 gambling websites, making it one of the most popular gaming jurisdictions.
Curaçao — In 2002 Curacao Gaming Control board made online gambling a central industry for the island of Curacao, thus expanding the island’s licensing capabilities.
Dominican Republic — Even though the Dominican Republic is not considered a traditional offshore jurisdiction and a taxation haven it offers beneficial business opportunities for international companies.
Gibraltar — Situated at the southernmost tip of Europe, Gibraltar provide licenses to twenty operators under the Gambling Ordinance that denotes the borders of the online gambling legislation in Gibraltar.
Isle of Man — This is a model country for online gambling and is recognized as one of the most reputable 1st tier jurisdictions, offering the best infrastructure and services for online gambling.
Malta — Following the Public Lotto Ordinance Act in 2000, Malta the first EU member state to introduce Remote Gambling regulations and deliver remote gambling services for online gambling.
United Kingdom — Following the Public Lotto Ordinance Act in 2000, Malta the first EU member state to introduce Remote Gambling regulations and deliver remote gambling services for online gambling.
Vanuatu — The jurisdiction was a pioneer in establishing a regulated Internet betting environment and today regulates the provision and advertising of interactive gambling services at federal level through the Interactive Gambling Act of 2001.
When choosing your jurisdiction, you should consider taxation and licensing costs as well as the strengths and weaknesses of the licensing laws and technical standards.