Eternity Law International Online gambling Licenses for creating online casinos

Licenses for creating online casinos

Published:
March 4, 2020

For what purposes are the licenses taken when creating an online casino?

When creating a gambling business, owners are faced with a concept such as licenses when creating an online casino. This implies a number of questions. Why get it? What does she give the owner and the player? And can I check for a license?

We will try to answer these questions in this article.

To begin with, perhaps, it is worth answering the question: what is the licensing process and the permission itself?

Licensing is the process by which a state regulatory authority controls a business.

It represents a certain process of official registration of a private or legal entity, which, subsequently, will receive the right to conduct a specific type of business and will comply with all norms and requirements.

The license is a special document (certificate) confirming the legality of the activity for a certain period. In simple terms, this is a permission to do business.

The presence of this document will give status to the institution. He will also act as a guarantee of the legality of the company. Having a gambling business without such permission is not legal in most jurisdictions.

How to determine if an online casino has a license?

All necessary permission information is posted on the casino website at the end of the main page. And also there is a certain verification system.

WHAT DOES THE OWNER OF THE LICENSE GIVE?

In addition to the main indicators, such as the status of the organization and the guarantee of its reliability, the owner gets the right to open a bank account. Without the availability of this document, this action is impossible. Without an account, the possibility of making money through a casino is zero.

Another important factor is that without a permit, many countries will block access to online casinos and will be prohibited from performing activities in their online space.

WHAT IS THE FACT OF THE PERMISSION FOR THE PLAYER?

The license itself does not affect the activities of players in the casino. The only way it can help is to understand that the game is taking place legally and there is no risk of fraud.

The need to obtain a permit is determined only by the owner. You decide whether to receive or not.

Our company will help to make a choice of jurisdiction and license for its registration.

Specialists of Eternity Law International are professional services in full legal support, selection of documents and we will consult on this issue.

You could be interested

Company with MSB in Canada for sale

Year of incorporation MSB in Canada – 2019. The company is not operational. MSB in Canada for sale, details:  own software (developed a platform for it);  registered address;  the director can stay after the transfer of ownership;  the clean company, absence of debt obligations and open lawsuits. The reason for the sale – the owner...

Ready-made company - forex broker in Saint Vincent and the Grenadines

Ready-made company – forex broker in Saint Vincent and the Grenadines with: – several corporate accounts; – acceptance of cards on the website; – platform; – a lead generation system. KEY FEATURES Fully ready to work brokerage company in the Forex market. The company was registered in 2017 in the most attractive jurisdiction of St....

Cryptocurrency exchange company in Indonesia for sale

Below you can see the basic information regarding the cryptocurrency exchange company in Indonesia for sale Cryptocurrency exchange company in Indonesia – whats included: Fiat-to-crypto business infrastructure for legal entities! Infrastructure for the business of exchanging fiat with an account of legal entities for cryptocurrencies; Profitable crypto exchange business; Company in Indonesia PT PMA from...

International Fintech group for sale

This is a new investment opportunity – International Fintech group for sale. Please check out the main details regarding this proposal  below. Deatails of the Group for sale: Two payment companies in the UK; Two payment companies in Asia (payment facilitators); Estonian Virtual Services Provider, serving crypto flows of the group; EMD-registered entity in Cyprus,...

UK Market Maker license for sale

Below you can see the basic information regarding a UK Market Maker license for sale. UK Market Maker license for sale: what’s included Type: FPRU 750k license (market maker) The license was issued 20+ years ago Company status: active and operational Permissions for licenses (retail, professional, and eligible CCP): Investment advice (apart from advice on...

Ready-made MSO license in Hong Kong with several bank accounts for sale

This is a new investment opportunity – MSO license in Hong Kong for sale. Please check out the main details regarding this proposal below. MSO license in Hong Kong: key considerations The company was incorporated in 2016; Currently dormant, but will be renewed in 2023; Activities (money exchange and money transfer services); Several bank accounts;...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

New York

1178 Broadway, 3rd Floor #3353 New York, NY 10001

Vilnius

Gediminas Avenue, 44A

Tallinn

Kesklinna linnaosa, Tuukri 19

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Riga

Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard

Sydney

20 Martin Place

Porto

2609 Avenida da Boavista

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7