Obtaining a gambling licensing is one of the first steps that a company must take in the process of establishing an Interactive Gaming company. The main objective of this step is to ensure that the company, its shareholders, key personnel and associates and its sources of funding, are suitable.
The gaming license will give your company the legal right to provide interactive gaming. Some jurisdiction has one license that will allow you to conduct any type of gaming. Other jurisdiction has divided it in to two or more variations of licenses, depending on what type of gaming you will provide (for example: Interactive Gaming, Electronic Betting and Bookmaking).
Interactive gaming is only lawful where the operator is licensed and operates the game at, or from, it’s approved premises. The licensee must conduct and manage the game in accordance with the laws of the jurisdiction.
When selecting a gambling license jurisdiction you should select one with a sensible approach to taxation and license cost in combination with a strong licensing law and technical standards.
