How can you start casino business? Top 5 jurisdictions for licensing gambling sites
Gambling projects are legalized in more than 80 countries. Among the most popular offshore jurisdictions are the following:
- Antigua and Barbuda Islands. The state has been providing the service since 1994. Operators work on these conditions: the annual fee for the license is $ 75 thousand dollars plus 3% commission on the net revenue of the establishment. The application fee is $15,000.
- Curacao. The offshore has been licensing gambling projects since 1996. A one-time fee to consider an application is $35,000. Monthly fees during the first two years of the service - 5 thousand dollars.
- Malta. The price of the service is $7,000. The cost of applying for a license is 3 thousand dollars. Additionally, the operators are charged the following fees: tax on income of the institution, a tax on gambling activities, fees for the placement of server equipment, office rent, and payment to the two shareholders, residents of the offshore. Plus there is an annual fixed fee of $9,000. You will have to pay another $1,500 to renew the permit.
- Alderney. Alderney license holders provide gambling services to users around the world. The price of the permit is $100,000 annually. The one-time fee for reviewing the petition is $15,000.
- Kanawake. The Gaming Commission issues three forms of permits: an authorized vendor license, an interactive gambling form and a key person document. The cost of gambling licensing is $25,000.
A reasonable solution would be to consult a specialized lawyer who can help uncover many of the secrets of this industry. Sometimes it's easier to ask a live person a question than a search engine or website.
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Creating a site
Creating a casino web resource does not require in-depth knowledge of programming. To date, there are non-standard solutions ready-made casino sites with a well-functioning server system, as well as various design and design options.
As a rule, large providers of gaming software make a name for themselves on the characters and plots. Thus, turning to the company Net Entertainment, the entrepreneur will be able to develop a website based on a particular style and design of the company. A big advantage of well-known software manufacturers like Playtech, NetEnt and Microgaming is that the online solutions they offer are designed to captivate players and provide operators with easy casino management.
However, design and navigation are not all there is to consider.
Players today expect quick, simple solutions, and demand the security of payment transactions. Therefore, the choice of payment systems with which casino visitors will work should be taken very seriously. They are often included in the software package, but in any case, this issue should also be well studied before settling on this or that software.
Which software should I choose? It is logical that casino operators strive to offer those games that will be of interest to customers. There are great solutions on the market today, combining the products of several major software providers so as to provide online establishments with the most up-to-date material.
Depending on what type of gambling the gambling club offers (casino games and/or poker), one should settle on the developer that would provide the casino with the necessary content, whether it is live, multiplayer or mobile games.
By the way, the market for mobile games is growing, which means selecting gaming platforms for smaller screens would be a smart, forward-thinking decision. There are many manufacturers that focus exclusively on mobile users. In poker, the participation of a large number of players is mandatory, so it is better to choose a poker network that will provide the site with the full range of action required for this game.