In 2022, the global online gambling market grew from USD 73.42 billion in 2021 to USD 81.08 billion at a compound annual growth rate (CAGR) of 10.4%. The online gambling market is expected to grow to USD 115.13 billion in 2026 at an average CAGR of 9.2%. Widespread smartphone adoption along with improved internet accessibility is driving the online gambling market. Globally, in most countries, … Continue
Curacao’s new gambling legislation will align with counterpart licenses in EU jurisdictions, thereby strengthening the global recognition of Curacao’s jurisdiction. What changes should we expect from the regulator? For several years, the government of Curacao has made changes to the licensing regime in Curacao a priority. The current regime, which allows new operators to apply for sub-licenses from any of the four main license holders, … Continue
Gambling companies are required to develop their own policies and rules for identifying and managing the risk of money laundering and terrorist financing, both in terms of customers, activities performed, and types of transactions.
The most important issue for most online casino players is to make transactions fast and secure. That’s why gambling companies accept different payment methods and try to make instant and convenient deposits and withdrawals.
In early 2002, the Greek authorities banned all forms of online gambling, later in 2011 issuing temporary licenses. After ten years of domination by a state-run monopoly, the Hellenic Gaming Commission has moved to issue permanent licenses again and develop the country’s gambling industry.
The Online Gambling has registered consistent growth and is one of the most lucrative businesses today. According to stats, online gambling’s total revenue is expected to rise to USD94.80 billion by 2024. There is no better time to set up an online gambling company.
The Irish government has issued a new law to regulate the gambling industry after Justice Department Secretary of State James Browne launched the new bill last week. The new law aims to include older laws, which have been described as “outdated”, some of which date back to the 1930s.
The liberal legislation and competitive tax policy of the Isle of Man make it a very attractive jurisdiction for online gambling businesses. The Isle of Man gambling license is a true quality mark for an online casino, which makes it highly desirable among operators. Gambling in the Isle of Man The Isle of Man is located between England and Ireland and is known, in addition … Continue
Obtaining an online gambling license is an important step in opening an online casino or sports betting business. Although some operators consider the application process to be complex and daunting, it is important to note that the long-term benefits of a license far outweigh the investment in money and time.
To conduct gambling activities, any company must obtain an online gambling license. Nothing happens without a game license. To open bank and merchant accounts, work with electronic payment system providers, and purchase legal gaming content, you need this license. Moreover, through the license, you can increase customer loyalty and the reputation of your casino. In fact, if you follow the rules, it’s easy to get … Continue
