Tag: gambling

Lucky Streak Live

Posted on by Writer Liz
Lucky Streak Live

Founded in 2014, Lucky Streak Live has already established itself as a leading B2B provider of casino gaming solutions for both web and mobile platforms.

Games are designed with a entertainment first approach, promising to provide a gaming experience that will hook players and keep them engaged.

Lucky Streak has made it their mission to take take the world of Live Casinos to new heights by merging inovation, gamification and style into one unforgetabble experience.

Lucky Streak Software and Technology

The Lucky Streak Platform provides a number of casino games. Their most popular being their live games: BlackJack, Baccarat, European Roulette and Auto Roulette.

Streams of each game have been optimized to deliver real-time videos directly to players in high definition. Additionally, their cross-platform clients detect device and bandwidth constraints and adjust video streams accordingly. Thus providing players with the best experience available

http://sunsationalhomeimprovement.com/video1/ Key Features :

  •  A newly built gaming studio using state-of-the-art network and video hardware
  •  Superior video quality and advanced in-house video broadcasting solutions
  •  An HTML5 user-friendly interface based on extensive user behaviour and user experience research
  •  A highly localized multilingual user interface with 12 supported languages
  •  24/7 Live Customer Support

Live Games

Live Games are the very foundation that Luckystreak was built on. The software provider has an array of live dealer table games including roulette, baccarat and blackjack.

Lucky Streak Live

Roulette

Lucky Streak’s unique design coupled with their engaging hosts will have players hooked throughout their gaming experience. And with the option for multiple players to play at the same time, revenue opportunities for operators are plentiful.

The live game can be broadcasted in HD with two camers displaying the game presenters every move as well as every spin of the roulette wheel.

Baccarat

This live version of the popular Asian card game offers gamblers 6 options for side bets thus presenting the players with new betting opportunities. And if that wasn’t enough, Lucky Streak’s Baccarat is equipped with game history. Which is displayed on the screen allowing for easy analysis.

BlackJack

Lucky Streak has enhanced and refined one of the most played casino games around. Their Live BlackJack ensures a high energy game and entertainment for both casual players and high rollers. It has a number of features guarenteed to hook olayers from the start

Third Party RNG game providers

While live table games are LuckyStreak’s most sought after games, they also provide a number of third party RNG games provided by popular game providers, namely:

  • Pragmatic Play – Slots
  • Spinomenal – Slots
  • Hacksaw Gaming – Scratch Cards
  • BGaming – Slots
  • Tom Horn – Slots
  • Fugaso – Slots
  • Betsoft – Slots

Habanero – Game Provider

Posted on by Writer Liz
Habanero - Game Provider

Habanero creates Slot and Table games popular in both Western and Asian gaming markets. The company is well known for its high-quality online casino games powered by the latest HTML5 technology.

The game provider produces quality RNG games which boast graphically-rich content and amazing sound in an easy to understand and user-friendly way.

Habanero Software

The software provider offers over 100 games with countless bonus features and jackpots.

Hercules Key Features:

  • All the products are iTechLab certified.
  • Targeted themes and mathematical algorithms.
  • Full HD quality of graphics and animations.
  • Music and sounds of excellent quality.
  • Appeal to mobile markets: seamless work on every device, portrait and landscape modes. All games are built on HTML5.
  • Playing multiple games simultaneously is available.
  • Real-time game history.
  • Outstanding bonus features.
  • Jackpots – available both local and global.
  • Multilinguality.
  • Multicurrency.
  • User-friendly interface.

Games

Habanero releases games monthly, as of March 2021 the company’s portfolio consists of 119 Slots, 13 table games and 10 video poker games. Games are offered in 21 languages and run on modern HTML5 technology. Therefore games are able to run smoothly on all devices, including desktop devices, tablets and mobile phones.

Habanero - Game Provider
Fa Cai Shen Deluxe
  • Horizontal And Vertical Pays 5 columns x 5 rows
  • High Volatility
  • Fa Cai Shen expands to cover 3 symbols on the reels.
  • Win 8, 18, 28 or 88 Free Games for Gold Ingot Scatter.
  • Fa Cai Shen is guaranteed to appear twice every Free Game.
  • 3 – 30 symbols change into the same High Win symbol at the start of random Free Games
Habanero - Game Provider
Nuya
  • 28 Lines, 5 columns x 3 rows
  • Very High volatility
  • Scatter symbols trigger Free Games.
  • Collect all 5 elemental symbols during Free games round to trigger Bonus Feature where Nuwa is guaranteed to expand twice every spin and all prizes are Tripled
Habanero - Game Provider
Colossal Gems
  • 30 Lines, 6 columns x 5 rows
  • Low Volatility
  • Any win awards a Re-Spin. • 2×2, 3×3 and 4×4 symbols are guaranteed to land respectively during the 1st, 2nd and 3rd Re-Spin.
  • 6 Free Games are awarded after
  • THREE consecutive Re-Spin wins.
  • At least one Colossal Gem is guaranteed to appear during each Free Spin.

Spinomenal – Game Provider

Posted on by Writer Liz
Spinomenal - Game Provider

Spinomenal is a certified software provider to the online casino industry. Games offered are incredibly light and boast excellent graphics and fully support HTML5 features.

Founded in 2014, Spinomenals portfolio has grown exponentially. As of 2021, the provider offers just over 100 original HTML5 games with 1 to 3 new releases each month.

The company has become one of the fastest-growing content providers in the industry and has done so in record time. Thus solidifying their position as an innovative solutions provider.

Software and Products

Spinomenal has also introduced its own Aggregation Platform, a one-stop integration system that grants access to over 2000 games from a number of trustworthy third party providers. Games offered by the company are extremely memory- taking up no more than 3 megabytes.

Software Features
  • In-browser play: YES
  • Demo Play: YES
  • Video Quality: High
  • Mobile: YES
  • Platform: HTML5
  • Game Features: Buy feature, wilds, scatters, free spins
Game Aggregation Platform

Spinomenal’s state of the art content platform provides operators with a wide range of integration solutions. The Spinomenal Aggregation Platform (SAP) offers a one-stop integration system through reliable and creative API’s.

Virtual Lottery Terminal

Games are easily displayed across virtual terminals.

Casino Manager

As a modernized backend system, the Casino Manager will become the heart and soul of operations. The system grants operators instant access to various creative tools that will assist in profit growth and help risk management.

Social Gaming Deep Intergration

Games offer several features ranging from custom notifications and in-game events, to level support, tournaments and achievements.

Blockchain Honest Control

Blockchain Honesty Control is precisely what you need to take your crypto casino to the next level. This solution provides an experience that guarantees the players’ satisfaction.

Spinomenal Games

Spinomenal offers a range of games including Scratch games, Table games and Dice Games. However, it’s most sought after games are slots. High-speed slots excel at loading time, have an optimal set of expandable features and quality graphics. Players can engage in a large variety of themes such as jungles, mythology and much more.

Game Provider – GameArt

Posted on by Writer Liz
GameArt is one of the leading providers of high-quality digital gaming. They deliver world-class HTML5 slots with state of the art graphics that is cost-effective and user-friendly.

Their multi-language and currency platform offers complete solutions for aggregators with large client bases and even single operators.

The game provider believes that simplicity equates to faster turnarounds and increased efficiency.

Gaming is at the heart of what they do, and are proud to provide leading entertainment that will give your business the edge.

 

GameArt Products

Video Slots

GameArt presents excellent slot games that serve as a crowd puller and also give endless excitement to players. The Slot games are enjoyable and thrilling. The games give the best gaming experience that maximizes player retention.

 

   Money Farm 2 

HTML5 & Mobile

GameArt has committed to providing the best gaming experience, and this is not only on the PC. The iGaming provider has never stopped the development of desktop and mobile games. Presently, players can enjoy the best entertainment experience with mobile and desktop anytime, anywhere. Furthermore, GameArt has developed a downloadable app that is cross-platform and user-friendly.
 
HTML5 allows the players to experience the game on many platforms. With its ability to support responsive design and real-time gaming. The players can enjoy the game at a high level.

GameArt’s games are available in various channels such a desktop, tablets and smartphones. The games are designed to cover the major cultural characteristic, to enhance the sense of affiliate to the specific cultural zone.

 

 

Game Provider – Evolution Games

Posted on by Writer Liz

Evolution Gaming is a leading global supplier of online live casino games. Over the last years, the world-renowned game developer has won dozens of professional awards including Product Innovation of the Year (GGA, Las Vegas), Digital Product of the Year, Best In-Casino Streaming Live Dealer Provider, along with countless others.

 

Evolution gaming has made it their mission to provide an excellent user experience for the end-users by offering flawless and localised Live Casino into regulated markets. This is provided to their customers by land-based operators as well as across all digital platforms.

They have dedicated themselves to maintaining and strengthening their position as the world’s number one Live Casino provider as the gaming market evolves.

Evolution Gaming Software

The Evolution Gaming software is ideal for all devices, keeping a unique HD multi-camera experience. Players are also capable of playing numerous games simultaneously. In the Evolution Gaming portfolio, you can find games for any taste – roulettes, baccarat, wheel of fortune, jackpot games, VIP solutions.

Software Features:

  • Software platform: Evolution Gaming
  • Studio: Worldwide
  • Browser play: Yes
  • Free play: Yes
  • Dealer Chat: Yes
  • Private Tables: Yes
  • VIP Tables: Yes
  • Video Quality: High
  • Mobile: Yes
  • US Friendly: Yes

Evolution Gaming Live Games

Evolutions platform offers users over 35 games. Along with classic games like Roulette, Black Jack and Baccarat, games such as Three Card Poker, Caribbean Stud Poker, Dream Catcher (Fortune wheel) and Ultimate texas hold ’em are also offered.

players can play up to 4 games simultaneously on a single desktop.

Mobile Gaming

Games are optimised in such a way that they can be played on desktop, tablet and a mobile phone, supporting iOS or Android. The interface is intuitive and user-friendly, and one doesn’t even have to download an app to play.

Fairness and Credibility

Evolution Gaming has been awarded an eCOGRA fairness certificate and is a part of GamStop. OIt has also been licensed by the Malta Gaming Authority and the United Kingdom Gambling Commission.

iGaming Provider – SPRIBE Casino Games

Posted on by Writer Liz
Spribe offers next-generation, engaging games for the iGaming industry.

 

First founded in August of 2018, the game provider has focused its attention on innovative iGaming products and casino games. And have successfully remained up to date with current trends within the online gambling industry.

 

Spribe Games

Presently, “smart” games are quickly gaining popularity within the online gambling world. Spribe stands among the pioneers of the new generation offering the best products on the market. Their portfolio consists of a mix of modern and traditional games, targeted towards Generation Y. As well as a variety of Poker and skill Games optimized for mobile use.

 

iGaming Provider - SPRIBE Casino Games

Turbo Games include:

  • Aviator
  • Mines
  • Dice
  • Mini Roulette
  • Hilo
  • Plinko
  • Scratch
  • Blackjack
  • Russian Poker and many more…

 

As for the Poker and Skills Games, Spribe offers:

  • Poker
  • Backgammon
  • Bura
  • Domino
  • Seka

Provably Fair 

Spribe games are based on cryptographic technology known as Provably Fair. This technology guarantees 100% fairness of the game result. With this technology, no third party can interfere with the in-game process.

Engagement Tools

Apart from its dazzling games, Spribe has several tools to improve player engagement. They believe that the future of iGaming rests upon additional experiences and mechanics for games. Such as tournaments, races and promotions. The iGaming provider has four distinct options available:

Aviator Aviarace- Aviarace us a series of events that can be played along with normal betting. With each win, players earn bonus points. When the race has been completed, top performers receive additional prizes.

Social Modules-  In-game chat allows players to communicate, thus enriching the iGaming experience. Integrated tools allow for players to share every round played. A new layer of excitement is added with Live Bets. All players can view bets and winnings of other players through Live Bets.

Rain Promo Feature- This special promo feature adds a number of free bets into chat, at random times. Any player can claim these free bets by tapping on the “claim” button. In addition to this, any player can make “rain” from the chat: by entering an amount and selecting a number of drops.

Free Bets-  Free bets are the best way to introduce a game to your customers or just use as a gift in random promotions and giveaways. Bets can be given individually with batch uploads or via API. This tool is one of the most basic and effective ways to improve player engagement.

Gambling license Alderney | How to get a gambling license in Alderney

Posted on by Symantha Administrator

Gambling license report

Gambling license Alderney

Gambling license Alderney: Alderney is the most northerly of the Channel Islands. It is part of the Bailiwick of Guernsey, a British Crown dependency. It is 3 miles long and 1.5 miles wide.

Corporate tax: 0%
Gambling tax: 0%

The British Channel Islands are often considered to be among the world’s leaders in off-shore finance. Although these islands are dependencies of the Crown, they are not subject to or part of UK or EU legislation. This has allowed the Channel Islands to act independently, and this prompted Alderney to set up the Alderney Gambling Control Commission in 2000.

Who manages E-Gambling in Alderney?

E-Gambling is managed by AGCC, a non-political, independent body regulating Electronic gambling on Alderney’s behalf.

Alderney Gambling Overview:

In 2005 the rules where changed allowing licensed gambling operators to accept bets from players all around the world, this included the US at the time.

Minimum Share Capital for an iGaming Company: £2
Security Requirements / Indemnity for Player Deposits: A variety of mechanisms are acceptable commensurate with the Business Plan and commercial performance of the operator.
Licence Fee: £70,000 per year in lieu of all taxes (currently under review with a view to reducing the cost for start-up/smaller operators).
Licence Length: The Alderney gambling license is a yearly license.
Software Testing Requirement: Software testing is a pre-requisite and technical standards are published by AGCC.
Reporting Requirements to Regulators: Periodic financial reports are required. 
Anti-Money Laundering Policy: All operators must comply with AML legislation in force. 
Country Restrictions: No restrictions.

Alderney Gambling Contact Details

Head of e-Commerce Development
Alderney Gambling
State of Alderney
PO Box 1, Island Hall,
Royal Connaught Square
Alderney
British Channel Islands
UK
GY9 3AA
Tel: +44 207 993 8564
Email: [email protected]
Website: www.alderneygambling.com
For more information:
As gambling is regulated by state and territory, you can review the links under the “Gambling and Licencing” heading.

Get in touch:

Gambling license Alderney

Isle of man Gambling License | How to get a gaming license in the IOM

Posted on by Brendan John

Isle of Man Gambling License

An Isle of Man gambling license was first Formed in 1962, the Gambling Supervision Commission of the Isle of Man has led the way with big changes throughout the world, with player protection being one of the isle’s top priorities.

Unlike many other governments, the government of the Isle of Man actually encourage the develpment of online gambling business on the island. The Isle of Man was one of the first jurisdictions to introduce gaming legislation with the aim of benefiting gambling and various online firms, and have been at the middle of the internet gaming boom from the start.

Regulatory bodies ensure a gambling license is granted only if after a thorough vetting process, standards are met.

The Isle of Man are particulary aware and responsive to changes in the internet gaming market, and reguarly make changes to their policies and regulatory controls. Along with the private sector, the government works hard at creating a superior infrastructure, thus attracting more business and resulting in economic growth.

As of 2005, no income tax is taken out the the e-gaming sector, this has prompted more business and although there are less than 20 operators licenced with the island, the Isle of Man remains one of the most successful e-gaming jurisdictions around.

In order to apply for a licence, operators must pay a non-refundable fee of £1,000GBP, followed by a rigorous inspection to check the prospective operators for credibility. Applicants must also demonstrate fairness in their games, keep enough money reserved for payouts, and excel in the community as a reputable gaming provider.

Key figures

  • Annual License Fee: £35,000
  • Tax on Gross Gaming Yield: 1.5%
  • Corporation Tax: 0% (as long as the site does not accept bets from Isle of Man residents)
  • Duty payable on retained gross profits:
    • 1.5% for gross gaming yield not exceeding £20million/year
    • 0.5% for gross gaming yield from £20-40million/year
    • 0.1% for gross gaming yield over £40million/year
  • Licence Fee: £1000 application fee, then £35,000/year
  • Licence Length: 5 years, after which renewal is required
  • Software Testing: Certificate from approved testing house required
  • Reporting Requirements to Regulators: Access to business, its systems and ausited accounts when requested by the Gambling Control Commissioners
  • Anti-Money Laundering Policy: Full AML due diligence. Indemnification procedures, record keeping, internal procedures, education and training, as well as adherence to the Isle of Man Gambling Control Commissioner’s Guidance Notes for the Prevention of Money Laundering.
  • Country Restrictions: It is the responsibility of the operator to decide, however the Gambling Control Commissioners may request independent advice be taken.

How to get in touch

Head of eGaming Development,
Department of Trade and Industry,
Hamilton House,
Peel Road,
Douglas,
Isle of Man
IM1 5EP

Tel: ++44 1624 682307
Website: https://www.gov.im
Email: egaming:@dti.gov.im

About the Isle of Man

The Isle of Man is an island located in the Irish Sea between Britain and Ireland. It is a British Crown Dependency, but it has their own government and is not considered part of the United Kingdom. The Isle of Man Government actively encourages the development of gambling and e-gaming business on the island. After the crash in the e-gaming market in the early 2000’s, when the Isle of Man was left with no gambling companies, the government has done everything possible to bring gambling operators back to the country. In 2001, the Isle of Man Government was one of the first jurisdictions in the world to introduce legislation specifically designed to benefit gambling and e-gaming firms and fully protect customers. Following further recent changes, the licensing and regulatory controls are now more responsive to the needs of the gambling and e-gaming industries. Today, the Isle of Man is considered a basic model for online gaming in countries that either seek their licensing or wish to implement their own infrastructure and promote e-gaming.

The Isle of Man Gambling Supervision Commission, which is part of the Treasury Department, was established in 1962 and is fully independent body, committed to player protection. It regulates all gambling on the island, dealing with licence applications from companies looking to move their business to the jurisdiction. The Commission also provides full assistance to licensees to help them conduct their online gaming activity within the regulations.

About the license

Since the downslide in 2002, the government has taken steps taken to attract new gambling operators. Now the Department of Trade and Industry oversees the licensing, and the previous $2 million USD security bond has been renegotiated, making licenses much more affordable for smaller operators. What is more, the Isle of Man improved their regulations and laws, and now no income tax is taken out of the e-gaming sector.

These changes have prompted even more business, and while there are a few operators licensed in the Isle of Man, they are among the most successful online gaming venues around.

In order to apply for a license, operators must first request an application from the Gambling Supervision Commission and pay a non-refundable fee of £1,000. Then a thorough inspection process takes place, wherein each prospective operator is rigorously checked for credibility. Applicants must prove fairness of their games, keep enough money reserved for payouts whenever requested, and be regarded as a reputable gaming provider. The operators licensed in the Isle of Man have to pay an annual license fee of £35,000, and a 1.5% tax on gross gaming yield up to the amount of £20,000,000. The corporation tax is 0% so long as the site does not accept bets from the Isle of Man residents.

Resolution of complaints

The Gambling Supervision Commission is statutorily charged to ensure that gambling is conducted honestly and fairly, remains free from criminal influence and exploitation and does not cause harm to the public interest, individuals and families. If a complaint arises with a Mann-licensed operator , players should, first of all, contact the licence holder about their grievance. If they are dissatisfied with the response and have exhausted all avenues with the casino operator, they can contact the Commission by email at [email protected]. To speed up the query, player are asked to fill in the Complaints Form and send it to the Commission.

In summary

After the e-gaming crash, the Isle of Man relaxed requirements in order to attract new business. However, the standards have gotten stricter in recent years, and the jurisdiction is proving they are serious about fair gaming. Due to the improvements and implementation of a Gambling Supervision Commission, you don’t have to worry about depositing at a casino licensed in this jurisdiction.

Casinos licensed out of the Isle of Man

• 188BET Casino
• Bella Jackpot Casino
• BetInternet Casino
• Camasino Casino
• Casino Magic
• Casinover Casino
• Dublinbet Casino
• Global Live Casino
• Lucky Live Casino
• Mamut Games Casino
• PokerStars Casino
• Rogers Casino
• SBOB Casino
• Scratch Games Casino
• Sunmaker Casino
• Trada Casino
• Winners Island Casino
• Wisniewski Casino

Where is the license valid?

The Isle of Man has become a model for online gaming countries due to the legislative framework set by the Electronic Transactions Act of 2000 and the Online Gambling Regulation Act 2001, which legalized online gaming operation in the country. Applications for online gaming licenses were initially accepted on the Isle of Man in June 2001. By 2002, licenses were distributed to five gaming operators from around the world. The rapid growth of the market, however, was followed by an even more rapid crash. By 2003, no gaming operators held a license from the island.

The island used to be “White Listed” by the UK and the OECD respectively for eGaming and tax cooperation purposes, which used to allow Isle of Man licensees to advertise to the UK market. Sadly this white list is long gone and to advertise in the UK you will need a UKGC license.

There are three options for eGaming Licenses:

Full OGRA License:

Requires an initial application fee of GBP 5,000 and an annual fee of GBP 35,000 for a five-year duration period. A full license does not cover gambling activities of a parent or holding company or the operations of sister companies. A full OGRA license is required if any of the following types of online gambling are offered: Sportsbooks; Betting Exchanges; Casino Games (roulette, blackjack, slots, etc); Live Dealing; Peer to Peer Games (poker, bingo, backgammon, etc); Mobile Phone Betting; Fantasy Football or similar; Financial Trading (but not spread betting); Pari-mutuel and Pool Betting; Network Gaming; Lotteries; certain Spot-the-Ball-style games; Network Services.

Sub-Licenses:

Require the submission of an application and are designed for operators who enter into a contract with a provider that holds a full OGRA license. The costs related to a Sub-License are less than those for a full license but require a nonrefundable GBP 5,000 application fee. Once approved, the license has a five-year term and is subject to an annual license fee of GBP 5,000 per annum.

Isle of Man Network License

Requires a GBP 5,000 application fee; GBP 50,000 annual fee; and GBP 5,000 per network partner. The license provides flexibility for future development and growth for every type of business model and new income streams: B2C; Affiliate 3rd Party; White Label; Sub-License; B2B Services. This solution offers low-cost duty starting at 1.5% on Gross Gaming Yield (GGY) and not turnover. The duty is only paid on the retained element of GGY in the Isle of Man, not from licensed operators in other countries. The current corporate tax on gaming companies is 0%. The Isle of Man’s arrangement with the EU ensures services provided to UK/EU individuals are VAT exempt, and in most cases customers from outside the EU and B2B partners are 0% rated.

Changes to regulations in 2010

In February 2010, the Isle of Man announced changes to its gambling regulations, now making it legal for iGaming firms to host or carry out their non-gambling-related activities such as marketing; software, skill games and disaster recovery without an Online Gambling Regulation Act 2001 license. Disaster Recovery permits immediate switchover for up to 90 days without a license.

Since April 1, 2010, licensing is overseen by the Department of Economic Development, formerly known as the Department of Trade and Industry.

The Isle of Man’s Department of Economic Development in conjunction with the Isle of Man College of Further and Higher Education will be offering and launching in January 2013 the world’s first accredited qualification in eGaming. It is to be delivered through a work-based, higher-education framework (WBIS) validated through the University of Chester as a postgraduate-level qualification. There are plans to offer it at an undergraduate level in due course. Currently eGaming is an important sector on the island, employing approximately 688 people.

For more information:
As gambling is regulated by state and territory, you can review the links under the “Gambling and Licencing” heading.

Get in touch:

isle of man gambling license

FURTHER INFORMATION ON CURACAO GAMBLING LICENSES

We wrote an article on Curacao Gambling License which may be of interest to you should you be looking for alternative casino licensing information.

Gambling license Costa Rica

Posted on by Brendan John

Gambling license Costa Rica

Costa Rica is a rugged, rainforested Central American country with coastlines on the Caribbean and Pacific. Though its capital, San Jose, is home to cultural institutions like the Pre-Columbian Gold Museum, Costa Rica is known for its beaches, volcanoes and immense biodiversity. Roughly a quarter of its area is made up of protected jungle, rich with wildlife including spider monkeys and quetzal birds.

Taxes

  • Corporate Tax: N/A
  • Gambling Tax: N/A

Who manages E-Gambling in Costa Rica?

Online Gambling Companies are self-regulated. Because there is no official organization to recognize license holders, there is no betting or gaming tax.

Overview

Due to the lack of legislation and oversight for online gambling, companies based in or registered through Costa Rica are not subject to monitoring or other regulations that many offshore companies are. This also means that since there isn’t a body to govern gambling, companies are self-regulated and aren’t required to pay betting or gaming tax.

Costa Rica is a popular place to establish online gaming business. Although there is no specific gambling license for gaming activities, corporation may be setup as a gambling company and may hold a “data processing license”. To obtain this license the corporation must have a physical location in Costa Rica.

The license indicates only that the company is able to process data. This is so because there is no specific gambling license in Costa Rica, so all corporations that conduct gambling activities use this “data processing license” or most recently some of them operate using a “marketing license”.

Is this data processing license necessary? The short answer is no. In reality you are setting up a company that is a Gambling Company by virtue of its Memorandum of Association which is perfectly legal in Costa Rica. You do not need to obtain a “processing license” and no one has the authority to require you to do so.

The data processing license is basically an excuse for local management companies to charge you an extra fee…

There are two gambling license options:

1. Permanent: This option is used when you need to keep the license permanently up to date. In this case the leasing of the office should be paid annually to keep the office space.
2. Temporary: The same license as in the permanent case, but once the license is issued the client does not rent the office space anymore thus saving the expenses. The office is leased for six months only in order to obtain the license.

Minimum Share Capital for an iGaming Company:

A minimum of 25% of the issued capital must be paid up on incorporation

Licence Fee:

Licenses are only required for land-based operations; i.e. if the corporation has an office within the country.

In order to acquire a license, power of attorney authorizing Costa Rican staff to do the processing is needed. The price of a permanent license is $5,000 USD in legal fees, $500 for administrative and legal costs, $3,600 for yearly lease, and $5,000 for renewal at the end of the year. Temporary licenses are also available, costing similar amounts. Administrative and legal costs are $500, legal fees $5,000, yearly lease $1,200, and a $2,000 renewal fee at the end of the year.

Licence Length:

One year

Reporting Requirements to Regulators:

Costa Rica does not employ a body which oversees the online gambling operations in business there. As a result, there is no regulatory authority, neither is there any third party for players to turn to, should they encounter a problem with one of the casinos based there

Anti-Money Laundering Policy:

All operators must comply with AML legislation in force

Contact Details:

Costa Rica Commerce

What does it cost?

We can offer two types of opportunities to our clients:

  1. Costa Rica gambling company incorporation
  2. A game control panel to run your casino

Be aware that no all game companies will offer services to Costa Rica gambling companies.

Industry and Economy Ministry
Edificio del IFAM
San Jose
Costa Rica 10216-1000
Telephone: +506 235 2700
Website: www.meic.go.cr
Email: uie AT meic.go.cr

Online casinos licensed in Costa Rica

10xaction.com
123 Vegas Win
123Bingo Online
1S Poker
1Spin.com
21 Dukes
3PigsCasino
5Dimes Casino and Sportsbook
724Sports.com
777 Kazino
7Reels Casino
7Spins
95fun.com
ABC Islands Casino and Sportsbook
Ace Live Casino

For more information:

Get in touch:

I have years of experience with gambling hosting, casino games, Curacao gambling licensing and online casinos

FURTHER INFORMATION ON CURACAO GAMBLING LICENSES

We wrote an article on Curacao Gambling License which may be of interest to you should you be looking for alternative casino licensing information.

Gambling license Czech Republic

Posted on by Brendan John

Gambling license Czech Republic

The Czech republic is not a popular destination to apply for a Gambling license and there are certainly better destination to consider.

The Czech Republic, in Central Europe, is known for its ornate castles, native beers and long history – from the Celtic and Germanic tribes of its founding to the Protestant Reformation and Communism. Prague, the capital, is home to a 9th-century castle, preserved medieval Old Town and statue-lined Charles Bridge. Český Krumlov is a living gallery of Renaissance-era buildings housing restaurants and shops.

If you want to incorporate and apply for a Gambling license in the Czech Republic you could not choose a more beautiful location to do so. But working in the Czech Republic is not cheap and you will need to be aware of the following taxes and costs:

  • Corporate tax: 19%
  • Gambling tax: 40%

Before setting your sites on starting your new casino in Czech, you would be wise to look into the cost of employment as well as office space etc.

Who manages E-Gambling in Czech Republic?

  • The Ministry of Finance

Overview

The high taxation rates for online gambling makes it difficult for national operators though the tax rate is lower for foreign operators. Though you have to have an office in the Czech Republic to qualify for a license. Previous legislation does allow for the licensing of online sportsbooks.

There are five existing bookmakers in the Czech Republic they are listed below for reference:

Sazka, Synottip, Chance, ifortuna and Tipsport

Anti-Money Laundering Policy:

All operators must comply with AML legislation.

Contact Details:

Address:
Czech Republic Ministry of Finance
Gaming Department
Letenská 15
Prague, Praha, hlavní mĕsto
Czech Republic 118 10
Website: www.mfcr.cz
Email: [email protected]
Fax: +420 257 042 788
General Information: +420 257 041 111

Online casinos licensed in Czech Republic:

  • Fortuna vsad’te se
  • Sazka Tip

For more information:

Get in touch:

I have years of experience with gambling hosting, casino games, Curacao gambling licensing and online casinos

FURTHER INFORMATION ON CURACAO GAMBLING LICENSES

We wrote an article on Curacao Gambling License which may be of interest to you should you be looking for alternative casino licensing information.