The cheapest license, which allows entrepreneurs to run a casino, is granted by Costa Rica. However, there is something you should remember: this jurisdiction issues a so-called Data Processing License (a permit for reducing data).
Nevertheless, we can’t call it the legalization itself. This jurisdiction has no regulator that would control licensors. As a result, you will just have to pay $ 10,000 per year, and to do it regularly. You do not need any accounting reports, you can even use the unauthorized software, create lawless environment or launder money – no one will say a word to you.
But do you understand what your reputation will fraught with in this case? No self-respecting payment system will want to work with you. Having the permit granted by Costa Rica or not having this document – the level of trust of experienced gamblers is going to be approximately the same. Generally speaking, it might be a good option to register your casino in Costa Rica just to observe formalities and avoid problems with law enforcement authorities.
In case you want to find better and reliable jurisdiction for the casino business which has regulators in it, and which is quite cheap – Curacao would be the best solution.
Some gambling establishments on the Internet, the target market of which is the US, are working under this license. It costs 12,000 dollars per year, but the licensee also makes certain demands. For example, you will have to additionally pay revenue share, undergo regular inspections, and resolve several formal issues.
Although Curacao is an offshore zone, this jurisdiction is respected by the gambling community. Financial authorities may grind their teeth (after all, it is still an offshore country), although it will still be possible to work with them and not to worry about anything.
If you have any questions, please contact us using addresses that are listed below:
· E-mail: [email protected];
· Skype: support.casinosupermarket.
· Telegram: @ win24
Casino-Market: Professional Online Casino Licensing Solutions
