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Online Gambling License

Online Gambling License

Chambers & Co is a leading law firm specialising in online gambling regulation and licensing across multiple jurisdictions, including the UK, Malta, Alderney, Isle of Man, Curaçao, Gibraltar and Cyprus.

Our firm has built a reputation for providing exceptional legal services to clients in the online gambling industry, and our lawyers have years of experience in navigating the complex legal and regulatory landscape of the industry.

Our Services to Online Gambling Companies

One of the primary services we offer is assistance with license applications. We understand that obtaining a gambling license can be a complex and time-consuming process, particularly in highly regulated markets such as the UK and Malta. That’s why we work closely with our clients to ensure that their applications are comprehensive, compliant, and submitted in a timely manner. We can also assist with all aspects of the licensing process, including due diligence, technical testing, and compliance audits.

In addition to licensing support, we also provide ongoing legal advice and representation to clients in the online gambling industry. Our lawyers are well-versed in the specific requirements of each jurisdiction, and we can provide guidance on everything from responsible gaming and player protection to tax and fee structures. We also offer dispute resolution and appeals services, as well as advice on changes to regulations or legal requirements.

One of the key strengths of our firm is our in-depth knowledge of the different regulatory regimes in each jurisdiction. For example, we understand the UK Gambling Commission’s remote technical and operating standards, and can assist clients in ensuring that their products and services meet these requirements. Similarly, we are well-versed in Malta’s robust responsible gaming and player protection requirements, and can provide advice on how to meet these standards.

At Chambers & Co, we pride ourselves on providing exceptional client service and satisfaction. Our lawyers are responsive, efficient, and committed to providing practical and actionable legal advice. We work closely with our clients to understand their specific needs and goals, and we tailor our legal services accordingly. We also understand the importance of building long-term relationships with our clients, and we are dedicated to helping them succeed in the highly competitive online gambling industry.

Whether you are a new entrant to the online gambling market or an established operator seeking to expand your operations, Chambers & Co is here to assist with all your legal needs. Contact us today to learn more about how we can help you obtain and maintain a gambling license in the jurisdiction of your choice.

Choice of Jurisdiction for an Online Gambling License

As a law firm specialising in online gambling, we can provide an overview of the differences between online gambling regulation and licensing in the UK, Malta, Alderney, Isle of Man, Curaçao, Gibraltar and Cyprus. Each of these jurisdictions has its own regulatory framework for online gambling, and understanding the differences is crucial for operators seeking to obtain a license and comply with relevant regulations.

One of the key differences between these jurisdictions is the level of stringency in their regulatory frameworks. The UK, for example, is known for having one of the most stringent regulatory frameworks in the world, requiring operators to comply with strict requirements regarding customer protection, responsible gambling, and anti-money laundering. In contrast, Curaçao has a relatively lenient regulatory framework, with basic requirements regarding player protection and anti-money laundering.

Another key difference between these jurisdictions is the cost of obtaining a license. The cost of obtaining a license in the UK and Gibraltar is relatively high, reflecting the stringency of their regulatory frameworks. In contrast, the cost of obtaining a license in Curaçao is relatively low, reflecting the leniency of its regulatory framework. Operators must carefully consider the cost of obtaining a license in each jurisdiction, as well as the ongoing compliance costs associated with maintaining a license.

Another important consideration is the type of licenses offered by each jurisdiction. For example, Alderney offers both Category 1 licenses for B2C operators and Category 2 licenses for B2B operators. In contrast, Malta offers a range of licenses, including a B2B license, which allows operators to provide services to other licensees. Cyprus on the other hand, makes provisions only for an online sports betting license. Operators must carefully consider the type of license they require for their operations, as well as the requirements and costs associated with obtaining and maintaining that license.

Finally, operators must keep abreast of any changes to the regulatory frameworks in these jurisdictions. Laws and regulations are subject to change, and operators must ensure that their operations remain compliant with the latest regulations. Similarly, the EU’s General Data Protection Regulation (GDPR) has implications for online gambling operators, and operators must ensure that they comply with GDPR requirements regarding data protection and privacy.

Online Gambling License

UK Online Gambling License

The UK’s regulatory framework for online gambling is based on the Gambling Act 2005, which established the Gambling Commission as the main regulatory body. The Gambling Commission is responsible for ensuring that operators offering online gambling services in the UK are compliant with strict requirements regarding customer protection, responsible gambling, and anti-money laundering.

To obtain a license from the Gambling Commission, operators must undergo a lengthy and rigorous application process. The application process includes a review of the operator’s business plan, financials, and the fitness and propriety of its directors and key personnel. The Gambling Commission also imposes ongoing compliance requirements, including regular audits and financial reporting.

Operators licensed in the UK must comply with strict requirements regarding player protection, including measures to prevent underage gambling and problem gambling. The UK’s regulatory framework also requires operators to pay a significant amount of taxes and fees, making it one of the most expensive jurisdictions to operate in.

Malta Online Gambling License

Malta is a popular jurisdiction for online gambling operators due to its favourable tax rates and regulatory framework. The Malta Gaming Authority (MGA) regulates all forms of gambling, including online gambling, and requires operators to comply with strict requirements regarding player protection, responsible gambling, and anti-money laundering. The MGA also offers several types of licenses, including a B2B license, which allows operators to provide services to other licensees.

The MGA also imposes ongoing compliance requirements, including regular audits and financial reporting.

Alderney Online Gambling License

Alderney is a small jurisdiction in the Channel Islands, and the Alderney Gambling Control Commission (AGCC) is the main regulatory body for online gambling. The AGCC offers both Category 1 licenses for B2C operators and Category 2 licenses for B2B operators.

Operators licensed in Alderney must comply with strict anti-money laundering regulations and must adhere to responsible gambling standards. The AGCC also imposes ongoing compliance requirements, including regular audits and financial reporting.

Alderney is a popular jurisdiction for online gambling due to its favorable tax system and flexible regulatory framework. The AGCC is known for its approach of working closely with operators to ensure compliance, rather than taking a punitive approach.

Isle of Man Online Gambling License

The Isle of Man is a self-governing British Crown Dependency, and the Gambling Supervision Commission (GSC) is the main regulatory body for online gambling. The GSC offers a range of licenses, including B2C licenses, B2B licenses, and network services licenses.

Operators licensed in the Isle of Man must comply with strict anti-money laundering regulations and must adhere to responsible gambling standards. The GSC also imposes ongoing compliance requirements, including regular audits and financial reporting.

The Isle of Man is a popular jurisdiction for online gambling due to its favorable tax system and stable political environment. The GSC is known for its approach of working closely with operators to ensure compliance, rather than taking a punitive approach.

Curaçao Online Gambling License

Curaçao is a small island nation in the Caribbean that has become a popular choice for online gambling operators due to its low tax rates and relatively easy licensing process. The Curaçao eGaming Authority regulates all forms of gambling, including online gambling, and requires operators to comply with basic requirements regarding player protection and anti-money laundering.

Curaçao is known for its lenient regulatory framework and relatively low licensing fees, making it a popular jurisdiction for online gambling operators. However, operators licensed in Curaçao may face challenges in obtaining banking services and may be subject to restrictions in certain jurisdictions.

Anjouan Online Gambling License

The Anjouan Gaming License is a relatively new license that has quickly become popular among online gambling operators. It is issued by the Union of the Comoros, which is a country located in the Indian Ocean. The Anjouan Gaming License is known for its low cost, streamlined application process, and favourable tax regime.

Gibraltar Online Gambling License

Gibraltar is a British Overseas Territory located at the southern tip of Spain that has become a popular choice for online gambling operators due to its favourable tax rates and regulatory framework. The Gibraltar Gambling Commission regulates all forms of gambling, including online gambling, and requires operators to comply with strict requirements regarding player protection, responsible gambling, and anti-money laundering. The cost of obtaining a license in Gibraltar is relatively high, and operators must demonstrate that they have adequate resources and systems in place to comply with the regulations.

iGaming License Jurisdiction Comparison Table

Jurisdiction

Application Timeframe

Local Officer Requirements

License Costs

Annual Renewal Costs

Corporate Taxation

Gaming Tax

Local Server Requirements

Local Company Requirements

Alderney

3-6 months

Yes

£17,500

£35,000-£400,000

0%

0%

No

No

Anjouan

3-4 weeks

No

€17,000

€17,000

0%

0%

Replication

No

Curacao

8-10 weeks

Yes

€61,700

€43,200

2%

0%

Yes

Yes

Cyprus

6-9 months

Yes

€30,000

€30,000

12.5%

13%

Replication

Yes

Gibraltar

6-9 months

Yes

£100,000

£100,000

12.5%

1% max £425,000

Yes

Yes

Isle of Man

3-6 months

Yes

£36,750 – £52,500

£36,750 – £52,500

0%

0.1 – 1.5%

No

Yes

Kahnawake

4-6 months

No

$40,000

$20,000

0%

0%

Yes

No

Malta

6-12 months

Yes

€25,000 – €85,000

€25,000 – €85,000

35%

5% max €600,000

Yes

Yes

Tobique

6-8 weeks

No

€36,000

€18,000

0%

0%

Compliance Platform

No

United Kingdom

3-6 months

No

£4,224- £91,686

£4,199-£793,729+

19%-25%

15%-21%

No

No

  • The figures presented in the table above serve as estimates and are provided for informational purposes. It’s important to note that certain costs are approximations and may vary based on fluctuations in exchange rates.
  • It’s crucial to understand that the mentioned costs exclusively pertain to licensing fees and do not encompass expenses associated with legal fees, compliance procedures, or liaising with gaming regulatory authorities.
  • Furthermore, it’s essential to consider that additional charges might apply, including fees for key person licenses, local substance requirements, minimum capital obligations, and other regulatory prerequisites beyond the scope of the license costs.

Online Gambling License

See how our lawyers can help you with your Online Gambling License.