Gambling licenses

Dmitry
Khlestkin

Gambling licenses are needed in order for a betting firm to be able to operate. Normally, there are several different types of licenses. Bookmakers and casino operators for example, are not allowed to use the same license.

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A gambling commission or a public state body, such as a ministry, usually distributes licenses.

The licenses set the rules by which the gambling operation has to abide by. If the rules are broken, a license can be revoked, or a future license may not be issued.

Licenses can be divided into offshore (which are exclusively for online companies) and local, which are in the countries where the betting firm intends to carry out its operations.

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