Licensing gambling

Quick start for your gambling projects

Having experience of working with more than 20 operators (10 of them on monthly legal services) we know very well what legal risks gambling companies face.

 

Our expertise includes: obtaining a gambling license, building a corporate structure, connecting reliable and profitable payments, opening a corporate account and passing compliance procedures with payment systems, platforms and game providers.

first consultation is free

Our advantages

Years of legal work in IT

We have worked with a lot of different projects. We speak the same language with you and understand all the subtleties of your business model

Variability of
solutions

There are always multiple solutions

Transparency
work

Full accountability for time spent

Customer suppor

Quick and prompt responses in Telegram or Slack. Regular Google Meet/Zoom calls on the project

Financial clarity

No unforeseen costs. All work and project costs are agreed up front

List of licenses

  • Time to obtain a license: flexible terms of obtaining a license in 3-4 weeks for a company of any jurisdiction;
     
  • License coverage: single offshore license for B2C and B2B for all types of gambling activities, namely: poker, lottery, casino, sportsbook, possibility to obtain White Label;
     

  • Taxation: zero rate on income from gambling business;
     

  • License fee: the Anjouan license is affordable. The license fee is 17,000 euros annually.

As of May 1, 2024, GCB has stopped accepting applications for licenses. It is not possible to submit new applications from now on. That is why we suggest you consider other jurisdictions, such as Anjouan. Anjouan license is most often chosen by our clients as an alternative and backup plan due to the actively discussed changes in the legislation of Curaçao.

 

  • Time to obtain a license: the whole process of obtaining a license can take 7-12 months and requires the opening of a company in Malta, as well as a bank account to deposit the share capital;
     
  • License coverage: There are six main types of gaming licenses. They are divided into B2C licenses (four subtypes) and B2B licenses (two subtypes). The type of license depends on what kind of activity you intend to carry out. That said, this license gives you the ability to operate in any country that does not prohibit online gambling;
     
  • Taxation: calculated at a rate of five percent (5%) of the gambling revenue generated;
     
  • License fee: varies depending on the type of license selected. License fee ranging from €5,000 to €600,000 annually.

 

  • Time to obtain a license: 3-4 months;
     
  • License coverage: all types of games are covered by one license and moreover, like any offshore license, it gives you the opportunity to operate in any state where it is not prohibited by law;
     
  • Taxation: 0.1%-1.5% of GGR, 0% on corporate tax, no VAT;
     
  • License cost: Full license - annual fee is 35000 GBP; Sublicense - 5000 GBP; Network Services License - 50000 GBP + 5000 GBP per partner.

 

  • Time to obtain a license: The license application process usually takes 1-2 months;
     
  • License coverage: There are four types of license (IGL; CPA; Software vendor license; Licenses for key persons of the company). The type of license depends on the type of activity you plan to carry out. For example, with an SRA license you will have the right to offer any type of interactive games: gambling, poker, betting. In addition, Kanawake's gambling license allows you to work with virtually any market (subject to local laws), except the United States;
     
  • Taxation: 0% corporate tax rate, with no additional gambling tax;
     
  • License fees: fees vary depending on the type of license selected. For example, the application fee for a CPA license (the license needed by a casino and betting operator) is 40,000 USD.

 

  • Time to obtain a license: The process of obtaining a license is relatively easy - up to 4 weeks on average. However, under certain circumstances, the process can take up to 8 weeks;
     
  • Scope of the license: with the exception of three countries (North Korea, Iran and Myanmar) and the US, the license allows for a variety of gambling activities;
     
  • Taxation: no corporate tax and no income tax;
     
  • License cost: the average license cost is €57,000, including pre-application fee and annual license fee.

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  • Time to obtain a license: the licensing process usually takes from 4 months, depending on the complexity of the application. In some cases, the processing time can be extended up to 6 months;
     

  • Scope of the license: the license covers Games of skill (this includes poker, table games, sports requiring precision and dexterity, and other games where success is not entirely dependent on chance):
     

  • Taxation: there is a 6% tax on GGR. In addition, Estonia has a state tax, which is also levied on the operators of Games of skill. The corporate tax in Estonia is set at 22%. However, there is no tax on withdrawn capital in Estonia, accordingly, as long as the money is part of the company's turnover, no tax will be charged;
     

  • Cost of license: the fee for such operators is 3,200 euros and is paid at the time of applying for a license to organize skill games, at the same time it should be understood that the volume of income from such a business will be small, given that for online gambling, the value of the prize cannot exceed 50 euros.

  • License obtainment period: 4-6 months;
     

  • License coverage: the Estonian license provides an opportunity to operate in Estonia and in countries where it is not prohibited;
     

  • Taxation: 5% (6% from January 1, 2024). In addition, each operator pays a license fee per year, the amount of which depends on the type of activity and type of license and varies from 47,940 euros to 190,000 euros;
     

  • The cost of the license: The final cost of the license depends on the type of license, the types of games provided, and your project. The state fees for the application review by the regulator are 31960 EUR for betting games, 3200 EUR for games that depend on the player's skill, and 47940 EUR for classic gambling;
     

  • License fee: the state fee for submitting an application is 48,000 EUR.

 

  • Timeframe for obtaining a license: after submission of the application is 2-3 months:
     
  • License coverage: there are two types of Interactive Gaming (covers casino, poker, lottery, bingo, crypto-casino); Interactive Wagering (covers all types of sports betting including cyber sports, sports betting, horse racing, fantasy sports);
     
  • Taxation: gambling companies in Antigua and Barbuda enjoy a favorable tax regime. The country levies a 3% tax on GGR, as well as royalties, based on the company's gross income;
     
  • License fee: Online casino license fee - 100,000 USD per year annually; Betting license fee - 75,000 USD per year annually;

 

  • License obtainment period: It is possible to obtain a license within 1-3 months;
     
  • License coverage: covers all types of gambling activities under one license. An Alderney licensee can operate anywhere it is not illegal. The AGCC does not determine where a licensee can operate as this depends on many factors;
     
  • Taxation: No VAT, no corporate tax and no capital gains tax;
     
  • License Fee: Fees are calculated on a Net Gaming Yield (NGY)* basis. However, for the first year, a new licensee must pay an entry fee of £17,500. After that, £35,000 per annum up to £500k NGY. A banded fee structure then applies up to £30m NGY. The maximum fee is £400,000 (all activities included).

 

  • Time to obtain a license: the time to obtain a license ranges from 2 weeks to 3 months, depending on the state;
     
  • Coverage of the license: the license of each individual state provides the opportunity to operate only in that state;
     
  • Taxation: there is no special tax regime for affiliate activities. However, corporate tax must still be paid in accordance with the rules of the jurisdiction of incorporation;
     
  • Cost of license: depends on the chosen state. For example, in Arizona the cost of the state fee is 1500 USD for the first year of operation, while in Colorado the amount is 350 USD.
  • Timeframe for obtaining a license: the total timeframe is 30 calendar days from the date of submission of all required documents and information to the National Gambling Authority;
     

  • Scope of the license: the license can be obtained by B2B suppliers of the following categories: manufacturers, distributors, as well as other persons operating with gambling facilities/components; software suppliers; platform management and hosting service providers for land-based and online gambling; certification laboratories, auditors and other organizations responsible for conformity assessment; payment systems; affiliates.

How we work

Сonsultation

Free introductory consultation - we hold a meeting to determine the current legal needs of your business

Solution selection

ㅤㅤ
We offer several solutions. Specify the cost and deadlines.

Realization

Group for project work in Telegram/Slack. Regular meetings in Google Meet/Zoom.

Subscription

We work with many clients on a monthly maintenance basis. Monthly report on the work done.

 

Our team

Stanislav Skliarov

Partner

Vladyslav Drapii

Partner

Anastasiia Dzhurynska

Senior Associate

Oleksandr Drozdyk

Senior Associate

About us in figures

120+

Registered foreign companies

280+

Legal documents are written

70+

Registered trademarks

5млн+

Saved on proper tax planning

The result of our work is the solution of the client's problem, not the time spent by us, so working with IT lawyers on outsourcing is more profitable than hiring specialists in tax, corporate, intellectual property law and GDPR to our staff. The peculiarity of IT law is the constant work with intellectual property and intangible assets, the protection of which is forgotten by most IT companies. We will show you the benefits of using IP in order to apply favorable tax regimes and international corporate structuring.

Legal support by experienced IT lawyers is especially important for small companies and startups that do not have a permanent need for legal services and the ability to maintain a legal department. Thanks to our experience in IT and work with product, service and other IT companies, we understand the specifics of your business. We know the difference between Waterfall, Agile, Scrum and Kanban and how to apply them from the legal side of your business.

Our clients

Cat Cassino

iGambling

Garilla Poker

iGambling

Daddy Cassino

iGambling

Kent Cassino

iGambling

Contacts

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Адрес: Konyskoho St. 55А, Kyiv, Ukraine, 04053

info@legarithm.io

Номера телефонов:

+3726028480

+380443793128

+13478979183

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Address: Konyskoho St. 55А, Kyiv, Ukraine, 04053

info@legarithm.io

Phone numbers:

+3726028480

+380443793128

+13478979183

Name *
Email *
Comment