Author

Topic: Gambling license (Read 744 times)

sr. member
Activity: 2030
Merit: 269
October 14, 2021, 03:42:37 AM
#83
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?

Don't think or don't ever do that license is for those who applied for it, it's not something that you can rent, if you do that and your players find out you will lose your reputation and they will think that you are cheating them it's better to run your own gambling site without a license than renting out, you can always tell your people that you are working on it.
hero member
Activity: 952
Merit: 513
October 14, 2021, 03:22:17 AM
#82
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?

Which jurisdiction are you under?

I think that if you are like most online casinos you want a favorable regulator that won't bat an eye, so your fastest option and cheapest will likely to be Caracao.

But that doesn't necessarily mean that you are able to market your product to everyone everywhere. You should still get legal advice and not look at bitcointalk replies as an indicator of what you should do.
Was supposed to say about legal advice because if you do tend to look over the replies on here then its clear that everything is unsure.Of course it would really be talking about on jurisdictions and related things.
You cant really just market out without knowing about limitations or something like that and also i dont really believe on someone would really be willingly for the license to be rented out?
Speaking with the hassle and other things then it would be better if you do mind on getting your own.

Yeah, just an easier process in general if you're willing to DYOR and get the license in your own name.

Even if you consult a professional on this matter, they're not going to give you a definitive answer because they want to save themselves the trouble of having to answer any complaints in the future.

OP doesn't seem to want to do that though but wants to instead rely on rando's opinions on the internet.
sr. member
Activity: 2436
Merit: 455
October 13, 2021, 04:49:15 AM
#81
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?

I think this matter depends on what country you currently are in. Based on what I've read, the requirements needed in order to obtain a gambling license are almost the same with the requirements needed for banking activities. So if you already have an idea what are the things needed in doing banking activities, you should get it ready so that it will be less hassle on your part. In addition, it was also stated that it's needed to have an experience on financial related works so that the stability of the company/business will be assured.

Gambling license is needed to ensure the honesty, integrity, and transparency of the business. It is also needed for tax verification purposes and legality most of all.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
October 07, 2021, 06:58:26 PM
#80
Renting a license is illegal and will only put you through some hell that'll make you regret. Besides, which legit online gaming platform do you think will join you in executing such act? Because they'll likely be reputable too. What's best is for you to follow the procedure to get a license instead of trying to take shorter routes.

Didn't know that there's that kind of business, people renting their license is definitely a crazy ideaa and at the same time illegal since it's basically tampering and trying to cheat the government and you don't want to cheat on the government.

Truth is that no reliable company would rent their gambling license. Because if you think of it, you'll recognise that such transaction will put the company at risk. What if the license is used for fraudulent activities(which I even think is the purpose already.) or what if the government realizes and shuts down the company of those who rented out? With this considering, whoever that is looking to rent a gambling license will end up with a fake! Because no one wants trouble.
hero member
Activity: 3136
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Leading Crypto Sports Betting & Casino Platform
October 07, 2021, 05:12:49 PM
#79
There's no clarification on OP why he wants to rent instead of buying his own license, gamblers and authorities will eventually track and find out that you are renting your license and your gambling site will lose its reputation
No need for clarification and that's probably something that he'd like to use for his own purpose just like the usual casinos that owns a license. As he said in his second post, he's been misled by a friend and that last post of him was already a month ago.

like all the others I also recommend you to get your own license or don't get a license at all.
If he has the capacity then get his own.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
October 07, 2021, 07:00:34 AM
#78
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?
There's no clarification on OP why he wants to rent instead of buying his own license, gamblers and authorities will eventually track and find out that you are renting your license and your gambling site will lose its reputation, like all the others I also recommend you to get your own license or don't get a license at all.
When he decides to rent a license, I can not imagine what will happen if the government or the authorities somehow found that he does not own a license for his gambling business. Maybe he can get punishment from them and can not run his business and the worst is he can get jail because of breaking their rules. So in this matter, I think he must have his own license to avoid that such thing and if he has his own license, he can run his business without worry if the government check on his business.
full member
Activity: 2324
Merit: 175
October 07, 2021, 03:31:53 AM
#77
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?
There's no clarification on OP why he wants to rent instead of buying his own license, gamblers and authorities will eventually track and find out that you are renting your license and your gambling site will lose its reputation, like all the others I also recommend you to get your own license or don't get a license at all.
sr. member
Activity: 504
Merit: 250
October 07, 2021, 02:50:59 AM
#76
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?

You can't lend a gambling licence.

You can apply for them in some questionable countries, but these don't really mean anything - people are just as unlikely/likely to trust you.

Establishing a good reputation is much more important than any licence that may look good.
full member
Activity: 966
Merit: 102
October 07, 2021, 01:03:35 AM
#75
I'm not really sure how but most of the sites have Malta, Curacao and Costa Rica I think you need to register first your business and I think there's lot of legal things you need to do in order to have a license but one thing I'm sure, you need some money in order to have a license. It's nice that you want to go all in legal and right way before opening a gambling website some projects opened up their gambling site first before settling their license.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
October 06, 2021, 11:06:48 AM
#74
Renting a license is illegal and will only put you through some hell that'll make you regret. Besides, which legit online gaming platform do you think will join you in executing such act? Because they'll likely be reputable too. What's best is for you to follow the procedure to get a license instead of trying to take shorter routes.

Didn't know that there's that kind of business, people renting their license is definitely a crazy ideaa and at the same time illegal since it's basically tampering and trying to cheat the government and you don't want to cheat on the government.

From the very beginning, the act of leasing a license had a purpose for fraudulent activities, because reputation was accounted for in this regard. There are still a lot of casinos that don't currently have a license but they're doing pretty well and gradually getting licensed over time they've reached it. If the casino owner really wants their site to last it will need a private license. However, renting a gambling license is not a good way to introduce casinos to gamblers. This clearly violates the gambling code of ethics.

Why would anybody want to rent a license ? It's like giving your private key to someone and else and expecting that they won't steal your funds.
While they can keep it safe but the chances of taking advantage are quite high. So even if they rent licenses then it would do more harm to them than good.
full member
Activity: 1008
Merit: 104
October 06, 2021, 10:25:15 AM
#73
Renting a license is illegal and will only put you through some hell that'll make you regret. Besides, which legit online gaming platform do you think will join you in executing such act? Because they'll likely be reputable too. What's best is for you to follow the procedure to get a license instead of trying to take shorter routes.

Didn't know that there's that kind of business, people renting their license is definitely a crazy ideaa and at the same time illegal since it's basically tampering and trying to cheat the government and you don't want to cheat on the government.

From the very beginning, the act of leasing a license had a purpose for fraudulent activities, because reputation was accounted for in this regard. There are still a lot of casinos that don't currently have a license but they're doing pretty well and gradually getting licensed over time they've reached it. If the casino owner really wants their site to last it will need a private license. However, renting a gambling license is not a good way to introduce casinos to gamblers. This clearly violates the gambling code of ethics.
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
October 06, 2021, 09:53:16 AM
#72
and trying to cheat the government and you don't want to cheat on the government.
Well, most businesses do tax evasion or simply not exactly paying their tax to the government's internal revenue departments, and other illegal activities are common in businesses. Simply to have more profit than paying/sharing their profit with the government (as tax), same like renting gambling license.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
October 06, 2021, 09:12:36 AM
#71
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?

Gamblers will not trust you if you are renting a license because it's not your name on it and you do not represent the name that is on the license, if the cost is just the same then buy your own license, you have to trust your brand, people might think that you have a hidden agenda if you not buying your own and you are renting a license.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
October 06, 2021, 03:36:00 AM
#70
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?
Well, even though renting a gambling license is possible, i still think it's better to get your own license as this will not only save you a lot of money and stress, it will make you your own boss, you won't have to answer to anyone incase in the future, your business suffers a hit which for example, caused a delay in raising money to pay for your rented license, you have peace of mind knowing fully well that you are in control, have your own license also makes your gambling site much more trustworthy to clients than when you operate with a rented license.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
October 06, 2021, 02:31:10 AM
#69
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?

I think what you mean is getting your own license it's illegal to use a gambling license that is not under your name especially to a gambling site, people will consider you as a cheater because you are using other site's right to gamble, you should get it under your name and gamblers will not trust you
Besides that, gambling is a business that needs trust from other people who come to our sites.
If we can have our own license and prove to them that we are a legal gambling site, they will trust us and stay for some time and if they feel comfortable playing many gambling games on our site, that will depend on how we can give them the best services.
More services with the best service will make them feel good and not want to move to the other site.
With the license, we can also gain reputations among the other gambling sites and who knows, we can be at the top of the gambling site shortly.
legendary
Activity: 2450
Merit: 1047
October 05, 2021, 07:27:52 PM
#68
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?

I think what you mean is getting your own license it's illegal to use a gambling license that is not under your name especially to a gambling site, people will consider you as a cheater because you are using other site's right to gamble, you should get it under your name and gamblers will not trust you
sr. member
Activity: 1988
Merit: 275
October 05, 2021, 06:35:40 PM
#67
It makes 0 sense for anyone to lend such a license
Exactly, lending a license is illegal if I recall because that means that you're trying to impersonate another business in favor of your business so it can operate normally. Any form of evasion to register a license is illegal right?

Depends on the regulation agency and how they "share" the license, it's not necessary illegal.
Under the same license there can be different trading names/websites, if he registers as a trading name under the license and acts within the guideline, then he is not breaking any rule.
It's in a grey area, but as long as he doesn't break any rule then there's not much the agency can do.

I believe the best approach here is just to purchase gambling license rather than rent it. There's no real advantage of renting one but you will just create a headache. You will only go to the route of renting if you plan to get out early, so more than likely the OP is not after for long-term duration of business. After reading all those suggestions, I hope the OP made up his mind regarding this matter.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
October 05, 2021, 06:01:15 PM
#66
Quote
What's the best way to do so?
Renting a license is illegal and will only put you through some hell that'll make you regret. Besides, which legit online gaming platform do you think will join you in executing such act? Because they'll likely be reputable too. What's best is for you to follow the procedure to get a license instead of trying to take shorter routes.
sr. member
Activity: 2226
Merit: 347
September 23, 2021, 04:51:56 PM
#65
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?

Which jurisdiction are you under?

I think that if you are like most online casinos you want a favorable regulator that won't bat an eye, so your fastest option and cheapest will likely to be Caracao.

But that doesn't necessarily mean that you are able to market your product to everyone everywhere. You should still get legal advice and not look at bitcointalk replies as an indicator of what you should do.
Was supposed to say about legal advice because if you do tend to look over the replies on here then its clear that everything is unsure.Of course it would really be talking about on jurisdictions and related things.
You cant really just market out without knowing about limitations or something like that and also i dont really believe on someone would really be willingly for the license to be rented out?
Speaking with the hassle and other things then it would be better if you do mind on getting your own.
hero member
Activity: 952
Merit: 513
September 23, 2021, 04:46:22 PM
#64
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?

Which jurisdiction are you under?

I think that if you are like most online casinos you want a favorable regulator that won't bat an eye, so your fastest option and cheapest will likely to be Caracao.

But that doesn't necessarily mean that you are able to market your product to everyone everywhere. You should still get legal advice and not look at bitcointalk replies as an indicator of what you should do.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
September 23, 2021, 08:05:06 AM
#63
It makes 0 sense for anyone to lend such a license
Exactly, lending a license is illegal if I recall because that means that you're trying to impersonate another business in favor of your business so it can operate normally. Any form of evasion to register a license is illegal right?
I agree lending a gambling license is illegal because it can be used for bad purposes all kinds of casinos are open if you have a gambling license. It will be to your own detriment and it will work in complete conflict of law.
Yep, it is better to have one valid license for popular games than rent so many licenses that we do not know if that can lead us to trouble in the future. I think the owner will consider buying a cheap license to start to see how good the market is for the site and if that can bring a profit to them, the owner will buy another license and change it to the better one.
member
Activity: 1162
Merit: 58
September 22, 2021, 11:27:03 PM
#62
It makes 0 sense for anyone to lend such a license
Exactly, lending a license is illegal if I recall because that means that you're trying to impersonate another business in favor of your business so it can operate normally. Any form of evasion to register a license is illegal right?
I agree lending a gambling license is illegal because it can be used for bad purposes all kinds of casinos are open if you have a gambling license. It will be to your own detriment and it will work in complete conflict of law.
There are many type of renter but yes it is risky to find good one and besides the one that needs a gambling site wont rent instead they will provide their own.
It makes 0 sense for anyone to lend such a license
+1 here.
copper member
Activity: 53
Merit: 11
September 22, 2021, 07:23:33 AM
#61
It makes 0 sense for anyone to lend such a license
Exactly, lending a license is illegal if I recall because that means that you're trying to impersonate another business in favor of your business so it can operate normally. Any form of evasion to register a license is illegal right?

Depends on the regulation agency and how they "share" the license, it's not necessary illegal.
Under the same license there can be different trading names/websites, if he registers as a trading name under the license and acts within the guideline, then he is not breaking any rule.
It's in a grey area, but as long as he doesn't break any rule then there's not much the agency can do.
copper member
Activity: 53
Merit: 11
September 22, 2021, 07:14:39 AM
#60
For the subject, the business model it represents, who is it better for? For the lender of the licenses or for the borrower? Because looking at it from a logical point of view, the advantage should be the lender of the license.

Whoever lends the licenses, I imagine they do it to test how things turn out on their site, the problem is that if the site turns out to be very successful, while paying the license rent, they may not have enough money to process the own licenses for the site, because I would have to make a loan of money and there would already be two debts that I would have to face, but my question is, is the license rental business really profitable? because it is obvious that philanthropists who want to help others grow in this area there are none.


For "lending" I'd say it's more like "sharing".
There are serval reasons why people might consider sharing their license to others.
Maybe it's a start-up casino, a small casino that doesn't make much profit, or a casino that's about to cease their operation.
In such case they might consider sharing their license in exchange for some additional profit.
One side can make extra profit and one side can rid out the hustle of applying for a license, so it's a win win situation.
member
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September 22, 2021, 01:05:44 AM
#59
It makes 0 sense for anyone to lend such a license
Exactly, lending a license is illegal if I recall because that means that you're trying to impersonate another business in favor of your business so it can operate normally. Any form of evasion to register a license is illegal right?
full member
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September 21, 2021, 08:59:04 PM
#58
It makes 0 sense for anyone to lend such a license
legendary
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September 21, 2021, 07:35:11 PM
#57
For the subject, the business model it represents, who is it better for? For the lender of the licenses or for the borrower? Because looking at it from a logical point of view, the advantage should be the lender of the license.

Whoever lends the licenses, I imagine they do it to test how things turn out on their site, the problem is that if the site turns out to be very successful, while paying the license rent, they may not have enough money to process the own licenses for the site, because I would have to make a loan of money and there would already be two debts that I would have to face, but my question is, is the license rental business really profitable? because it is obvious that philanthropists who want to help others grow in this area there are none.
copper member
Activity: 53
Merit: 11
September 19, 2021, 06:10:53 AM
#56
As others have mentioned, it depends on where is your targeted region.
Caracao license is the easiest you can get as far as my knowledge, basically as long as you pay for their fees you can get a license from them, there's not much of regulatory.
But if you want to operate in countries like UK and some other EU countries, you will be required to obtain a license from local agency like UKGC.
It will be harder to get one because they will really look into your operation practice, like AML and gambling responsibility measure etc.
And you could easily lose your license if you're not operating in their guideline.

And yes, technically you can "rent" a license from someone who is already registered.
Basically you will be "sharing" the license, so both of his and your websites are operating under the same license.
The problem is, if he or you violate the license regulatory, both of you will be punished.

So I'd say, if you're intending to get a license in Caracao, then just get one for yourself.
Because it's easier to get and there will be less problem.
If you're intending to get a license from agencies that have tighter regulatory, then you can consider to rent the license from someone else.
Just make sure both of you are operating within the guideline.
hero member
Activity: 1610
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September 18, 2021, 04:36:58 AM
#55
In this article, he can see how much the price for each license is.

https://merehead.com/blog/cost-to-start-an-online-casino/
https://theislandnow.com/blog-112/offshore-gambling-license-which-one-to-choose/
https://www.gaminator-system.com/en/how-to-start-an-online-gambling-business-quickly-gaminator-expert-answers

Besides that, maybe he can adjust his budget before selecting one of the licenses on that article. But I do not know if that price is the same until today. Maybe he can check for each license to know more. In each article shows him about licensing and build a gambling site.

I do not think renting a gambling license will solve the problem since he can spend much more money than registering his own license. But that will be up to him.

We don't know his reasons why he will go to the route of renting instead of acquiring his own license.
But for less trouble, I believe, it is better to buy your own rather than renting it from someone else's.
These days, there are already cheaper options, and a lot are choosing this Curacao gaming license.
Look also for maintenance requirements, because they may require you some documents/information that you need to regularly supply your license provider.
I agree with you. If he can buy his own license, he can prevent the rent cost from the other provider, which he can use for other things such as promoting his site or use it for the next events he can give to the members. Curacao gaming license seems fit for what he is looking for and with the cheaper price than the other license provider, I think he can save some money. If he thinks seriously about his business, he will not mind sending the document/information, especially if he plans to run the business for the long term. Hopefully, he can decide to rent or buying his license and start his gambling site.
full member
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September 18, 2021, 04:09:09 AM
#54

OP is now inactive and doesn't responded on this thread. We don't know what the status already. Maybe time now to forget this thread as without OP's update, we are just giving our repetitive comments and suggestions.
Most probably he will not respond as he has made only two post and after that he is inactive and last post was that he will look for legal procedures and chances are he will not reply to any of our suggestions.So yes it's better to hault any further discussion about the matter and if we will have any doubts he can ask here again.
hero member
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September 18, 2021, 03:03:04 AM
#53
No owner in their right mind will make an agreement that is not officially sealed and under the law. Aside from that, both parties on agreement knows their respective identities in personal. But like other saying, it's illegal and I doubt that's really the solution. I don't even think that someone will rent a license as complying with the legit license is just easy.

OP is now inactive and doesn't responded on this thread. We don't know what the status already. Maybe time now to forget this thread as without OP's update, we are just giving our repetitive comments and suggestions.
Yes you are correct about that and I didn't state anything that there would be a person who are willing to rent his/her gambling license. I just said the possibility that MIGHT happen IF EVER SOMEONE WILL RENT HIS/HER LICENSE to OP. It is kind of funny how the word IF like used in WHAT IF didn't help what i just said. OP is not even coming back to this thread for answering questions or even update us.
hero member
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September 18, 2021, 02:55:33 AM
#52
It is legal but the jurisdiction of the country you will be renting the site is the issue and also you must prove what kind of activity you will conducting because it is risky for the owner if you put bad activity in their license .
Even if it's possible to rent license even if it is illegal to base on some replies here in this thread as it is against the tos but what if the owner of the license let op rented it but later on then the owner will take back (by reporting that it is stolen/illegal acquiring of the license) or voided the agreement they made in renting the license then op will be force to use his/her own lincense (which should have been the first choice) or run his/her own gambling site without license.

No owner in their right mind will make an agreement that is not officially sealed and under the law. Aside from that, both parties on agreement knows their respective identities in personal. But like other saying, it's illegal and I doubt that's really the solution. I don't even think that someone will rent a license as complying with the legit license is just easy.

Exactly, gambling is big business, involved huge money in the beginning, so why not start at the right foot with your business and buy an official license. At least the owner can sleep very well knowing that his business is running smoothly.

OP is now inactive and doesn't responded on this thread. We don't know what the status already. Maybe time now to forget this thread as without OP's update, we are just giving our repetitive comments and suggestions.

Perhaps he already find the solution to his problem, or worst he read our constructive criticism but doesn't want to take action. Either case, still up to him to follow us. So goodluck to him (whenever he wants to come back and reply to us).
legendary
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September 18, 2021, 02:50:22 AM
#51
It is legal but the jurisdiction of the country you will be renting the site is the issue and also you must prove what kind of activity you will conducting because it is risky for the owner if you put bad activity in their license .
Even if it's possible to rent license even if it is illegal to base on some replies here in this thread as it is against the tos but what if the owner of the license let op rented it but later on then the owner will take back (by reporting that it is stolen/illegal acquiring of the license) or voided the agreement they made in renting the license then op will be force to use his/her own lincense (which should have been the first choice) or run his/her own gambling site without license.

No owner in their right mind will make an agreement that is not officially sealed and under the law. Aside from that, both parties on agreement knows their respective identities in personal. But like other saying, it's illegal and I doubt that's really the solution. I don't even think that someone will rent a license as complying with the legit license is just easy.

OP is now inactive and doesn't responded on this thread. We don't know what the status already. Maybe time now to forget this thread as without OP's update, we are just giving our repetitive comments and suggestions.
hero member
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September 18, 2021, 02:46:29 AM
#50
^ I did not hear that, I don't know if renting is applicable to sold or change on the other hand.
If I were on OP, I will purchase my own license that renting this and that is right, it is very risky at all to rent and it could be questionable to the country regulatory if the name of the license is irrelevant to the running gambling brand.
However, I have heard Malta is the cheapest place to buy a license, you can read this article on how to get a license in the online gambling business.
https://slotegrator.pro/analytical_articles/how-to-get-an-online-gambling-license-in-malta.html
I did not hear too and that is why I said even if it's possible to rent in the post above. I agree with your point that those who wants to run a gambling business then they have to get their own gambling license instead of finding another way to have license but as far as I'm concerned those who want to have license must get their own license the right way.
hero member
Activity: 2590
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September 18, 2021, 02:41:54 AM
#49
It is legal but the jurisdiction of the country you will be renting the site is the issue and also you must prove what kind of activity you will conducting because it is risky for the owner if you put bad activity in their license .
Even if it's possible to rent license even if it is illegal to base on some replies here in this thread as it is against the tos but what if the owner of the license let op rented it but later on then the owner will take back (by reporting that it is stolen/illegal acquiring of the license) or voided the agreement they made in renting the license then op will be force to use his/her own lincense (which should have been the first choice) or run his/her own gambling site without license.
^ I did not hear that, I don't know if renting is applicable to sold or change on the other hand.
If I were on OP, I will purchase my own license that renting this and that is right, it is very risky at all to rent and it could be questionable to the country regulatory if the name of the license is irrelevant to the running gambling brand.
However, I have heard Malta is the cheapest place to buy a license, you can read this article on how to get a license in the online gambling business.
https://slotegrator.pro/analytical_articles/how-to-get-an-online-gambling-license-in-malta.html
hero member
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September 18, 2021, 02:19:16 AM
#48
It is legal but the jurisdiction of the country you will be renting the site is the issue and also you must prove what kind of activity you will conducting because it is risky for the owner if you put bad activity in their license .
Even if it's possible to rent license even if it is illegal to base on some replies here in this thread as it is against the tos but what if the owner of the license let op rented it but later on then the owner will take back (by reporting that it is stolen/illegal acquiring of the license) or voided the agreement they made in renting the license then op will be force to use his/her own lincense (which should have been the first choice) or run his/her own gambling site without license.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
September 17, 2021, 11:39:09 PM
#47
Ok thanks, personally I was told that rental was also legal just don't know the procedure. Which is why I posed the question here. But I'll look into the legality of it more.
It is legal but the jurisdiction of the country you will be renting the site is the issue and also you must prove what kind of activity you will conducting because it is risky for the owner if you put bad activity in their license .
I think this kind of thing should be inquired in your country because that's how it's supposed to be, you only get license in your country since you should be responsible for paying taxes since you're building a business. And it's not rental, you may renew it but it's not rental of some sort.
and also about the operation way because who will be responsible for the damage once he maltreated the License borrowed towards him.
hero member
Activity: 2954
Merit: 796
September 17, 2021, 08:03:57 PM
#46
Ok thanks, personally I was told that rental was also legal just don't know the procedure. Which is why I posed the question here. But I'll look into the legality of it more.

There's no such thing as rental license since it will breach the ToS of any licensing entity. Maybe you are pertaining to a temporary gambling license instead which you are allowed to operate within 30 to 60 days before they will require you to apply a full license. Whoever suggest you that there's a gambling license should provide a valid source to avoid being scammed by impersonator offering this kind of service.

Facts about temporary gambling license: https://www.gamblingcontrol.org/regulation-framework/a-temporary-egambling-licence/
When I first read about renting a temporary license, I thought about it because renting a license is unusual because licenses are registered by a specific company, and I believe renting your gambling platform's license is illegal. So, in my opinion, the correct term is a temporary license because, in order to obtain a permanent license, the owner must also follow the practices required for owning a gambling license. It's wrong to rent a license to some people out there without prior knowledge or training required for the license which is against the ToS.

For sure but OP didn't reply nor active on this forum and leave this thread open. We can't verify what is his real intention, somehow he was trick that renting license is available that's why he inquire here first before availing the shady service of that person.

I hope that moderator will saw and lock this thread since this thread will be target by spam post if remain open for a long time. The thread is already concluded.
hero member
Activity: 2744
Merit: 588
September 17, 2021, 05:53:44 PM
#45
In this article, he can see how much the price for each license is.

https://merehead.com/blog/cost-to-start-an-online-casino/
https://theislandnow.com/blog-112/offshore-gambling-license-which-one-to-choose/
https://www.gaminator-system.com/en/how-to-start-an-online-gambling-business-quickly-gaminator-expert-answers

Besides that, maybe he can adjust his budget before selecting one of the licenses on that article. But I do not know if that price is the same until today. Maybe he can check for each license to know more. In each article shows him about licensing and build a gambling site.

I do not think renting a gambling license will solve the problem since he can spend much more money than registering his own license. But that will be up to him.

We don't know his reasons why he will go to the route of renting instead of acquiring his own license.
But for less trouble, I believe, it is better to buy your own rather than renting it from someone else's.
These days, there are already cheaper options, and a lot are choosing this Curacao gaming license.
Look also for maintenance requirements, because they may require you some documents/information that you need to regularly supply your license provider.
hero member
Activity: 1610
Merit: 507
September 17, 2021, 05:55:28 AM
#44
In this article, he can see how much the price for each license is.

https://merehead.com/blog/cost-to-start-an-online-casino/
https://theislandnow.com/blog-112/offshore-gambling-license-which-one-to-choose/
https://www.gaminator-system.com/en/how-to-start-an-online-gambling-business-quickly-gaminator-expert-answers

Besides that, maybe he can adjust his budget before selecting one of the licenses on that article. But I do not know if that price is the same until today. Maybe he can check for each license to know more. In each article shows him about licensing and build a gambling site.

I do not think renting a gambling license will solve the problem since he can spend much more money than registering his own license. But that will be up to him.
hero member
Activity: 3038
Merit: 634
September 17, 2021, 05:27:11 AM
#43
I think the OP should know that licenses are like diplomas that every casino has a different rating. If it's just for rent it means like you said that maybe he just wants to make a live gamble one night and spend the gamblers' money and then leave. And who will blame the license owner where they have the same license. In the end, the accusation of fraud would obviously be very dangerous.

And of course, OP must also be aware of the responsibilities of acquiring such license, and if it is really allowed legally to rent such. I hope that what you guys speculated will not be the intention of OP.
I think that he's now enlightened that licenses are not for rent and he's not been online for a week and that he has understood that he shouldn't be doing what has been told him to do about renting gambling licenses.

With what tulusikhlas saying about gambling one night and spending gamblers money, there's a possibility that rented license can be exploited but I don't think that there's an owner that shall rent it anyway.
hero member
Activity: 3010
Merit: 794
September 15, 2021, 03:15:03 PM
#42
-snip- and if the owners have bad intentions it may be that when the license term expires they will cheat
-snip-
First of all, please add periods in your sentences next time, otherwise your posts are very (!) hard to read.

Back to the actual topic: I think it's the other way around. For someone who lends his license, the whole thing can end very negatively. By lending the license, you guarantee that the lender behaves legally and correctly. If the lender plays a bad game and scams e.g. his users, then this falls back on you.
As a business owner and does have a license then you arent really that dumb to think about those possibilities whenever the lender do make out some bullshit things then that would really be a big problem for you

thats why i dont see any possibilities in regards to this but i do have seen some of businesses though make out some or letting others could make use of those licenses but most of the time there would be some sort
of legal agreement depending on the terms.
legendary
Activity: 2296
Merit: 2721
September 15, 2021, 11:33:42 AM
#41
-snip- and if the owners have bad intentions it may be that when the license term expires they will cheat
-snip-
First of all, please add periods in your sentences next time, otherwise your posts are very (!) hard to read.

Back to the actual topic: I think it's the other way around. For someone who lends his license, the whole thing can end very negatively. By lending the license, you guarantee that the lender behaves legally and correctly. If the lender plays a bad game and scams e.g. his users, then this falls back on you.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
September 15, 2021, 10:12:13 AM
#40
Is there an online gambling casino in your country that you can find? well you can find it in their license section where they get the license. Because usually this will be more compatible for your casino. rather than you renting it will look even more inappropriate. Broadly speaking, the license that other casinos use may not necessarily match the characteristics of your gambling.
Exactly and this is also very risky in your casino.
Renting a license is not a good idea at all, this is seems that you are cheating that way, and if you are renting a casino that dont have a good reputation the license will I guess revoke, I dont know if that is a correct term but I think something like that. I prefer to have my own license than renting by others if I were a casino owner. There are no possible issues ahead and you will not worried at all times.

renting i believe has more on cons side. so to avoid possible troubles in the future, better acquire one, even the curacao gaming license would do. at least, you can say, it is your own. we don't know the motive of the OP why he seemed to resort on renting. i hope he's not planning to set-up a fly-by-night gambling site here. Grin
also, if he can't afford yet. why not develop the casino and strengthen its presence. several long-running casinos here in the forum don't have their license yet. so it is not about the license but how about you manage things here.

I think the OP should know that licenses are like diplomas that every casino has a different rating. If it's just for rent it means like you said that maybe he just wants to make a live gamble one night and spend the gamblers' money and then leave. And who will blame the license owner where they have the same license. In the end, the accusation of fraud would obviously be very dangerous.

I think the same, that rented licenses is very rare, I do not know if there is some kind of casino like that, and excuse my ignorance, but the truth is I did not know that it existed, no offense, I think that it lends itself to being an all-inclusive scam , because you can be legal during the time of the license, and if the owners have bad intentions it may be that when the license term expires they will cheat, of course it is an example, I´m not saying it to offend, but I think the same, for me the Licenses are like those diplomas that no one can take away from you unless you do the wrong thing and lose it.
full member
Activity: 966
Merit: 102
September 15, 2021, 07:59:02 AM
#39
I only know Curacao and Malta, that's the common license I see on the gambling site I think you can do a simple research on google on how would you be able to have a license with these options and I think you can visit their website, I really think they do have the requirement lists in order to have a gambling license. Are you planning to open up your own gambling website? It's good that you consider having a gambling license before opening your own gambling website.

There are others too like Gilbratar and Kahnawake, but they operate on more restrictions (i.e. their own regions). Depends on where the OP is from.

Thank you for that information. This just emphasize that OP must do some research regarding gambling license on their location.

I think the OP should know that licenses are like diplomas that every casino has a different rating. If it's just for rent it means like you said that maybe he just wants to make a live gamble one night and spend the gamblers' money and then leave. And who will blame the license owner where they have the same license. In the end, the accusation of fraud would obviously be very dangerous.

And of course, OP must also be aware of the responsibilities of acquiring such license, and if it is really allowed legally to rent such. I hope that what you guys speculated will not be the intention of OP.
sr. member
Activity: 1526
Merit: 252
September 13, 2021, 01:37:08 PM
#38
Is there an online gambling casino in your country that you can find? well you can find it in their license section where they get the license. Because usually this will be more compatible for your casino. rather than you renting it will look even more inappropriate. Broadly speaking, the license that other casinos use may not necessarily match the characteristics of your gambling.
Exactly and this is also very risky in your casino.
Renting a license is not a good idea at all, this is seems that you are cheating that way, and if you are renting a casino that dont have a good reputation the license will I guess revoke, I dont know if that is a correct term but I think something like that. I prefer to have my own license than renting by others if I were a casino owner. There are no possible issues ahead and you will not worried at all times.

renting i believe has more on cons side. so to avoid possible troubles in the future, better acquire one, even the curacao gaming license would do. at least, you can say, it is your own. we don't know the motive of the OP why he seemed to resort on renting. i hope he's not planning to set-up a fly-by-night gambling site here. Grin
also, if he can't afford yet. why not develop the casino and strengthen its presence. several long-running casinos here in the forum don't have their license yet. so it is not about the license but how about you manage things here.

I think the OP should know that licenses are like diplomas that every casino has a different rating. If it's just for rent it means like you said that maybe he just wants to make a live gamble one night and spend the gamblers' money and then leave. And who will blame the license owner where they have the same license. In the end, the accusation of fraud would obviously be very dangerous.
hero member
Activity: 1890
Merit: 831
September 13, 2021, 01:21:13 PM
#37
Ok thanks, personally I was told that rental was also legal just don't know the procedure. Which is why I posed the question here. But I'll look into the legality of it more.

- If gambling is legal in your country you can go and register yourself online for the license, check the taxation in your country as well and remember that you will be paying a certain amount before you can even start.

It would also take a while and the license would be based somewhere else for sure. There are countries where these kinds of license can be used but the government allows only international ones due to local ban on gambling.

Therefore you have to research on this part first.
Curacao is definitely the mother of all licences.

Leasing one is stupid and unprofessional. Get one for your site after registering.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
September 13, 2021, 11:41:59 AM
#36
Ok thanks, personally I was told that rental was also legal just don't know the procedure. Which is why I posed the question here. But I'll look into the legality of it more.

There's no such thing as rental license since it will breach the ToS of any licensing entity. Maybe you are pertaining to a temporary gambling license instead which you are allowed to operate within 30 to 60 days before they will require you to apply a full license. Whoever suggest you that there's a gambling license should provide a valid source to avoid being scammed by impersonator offering this kind of service.

Facts about temporary gambling license: https://www.gamblingcontrol.org/regulation-framework/a-temporary-egambling-licence/
When I first read about renting a temporary license, I thought about it because renting a license is unusual because licenses are registered by a specific company, and I believe renting your gambling platform's license is illegal. So, in my opinion, the correct term is a temporary license because, in order to obtain a permanent license, the owner must also follow the practices required for owning a gambling license. It's wrong to rent a license to some people out there without prior knowledge or training required for the license which is against the ToS.
member
Activity: 868
Merit: 63
September 13, 2021, 11:08:07 AM
#35
I think this kind of thing should be inquired in your country because that's how it's supposed to be, you only get license in your country since you should be responsible for paying taxes since you're building a business. And it's not rental, you may renew it but it's not rental of some sort.
hero member
Activity: 2954
Merit: 796
September 13, 2021, 10:44:48 AM
#34
Ok thanks, personally I was told that rental was also legal just don't know the procedure. Which is why I posed the question here. But I'll look into the legality of it more.

There's no such thing as rental license since it will breach the ToS of any licensing entity. Maybe you are pertaining to a temporary gambling license instead which you are allowed to operate within 30 to 60 days before they will require you to apply a full license. Whoever suggest you that there's a gambling license should provide a valid source to avoid being scammed by impersonator offering this kind of service.

Facts about temporary gambling license: https://www.gamblingcontrol.org/regulation-framework/a-temporary-egambling-licence/
full member
Activity: 1834
Merit: 166
September 13, 2021, 09:01:35 AM
#33
I know it's risky for players because the casino may scam in those cases but even today there are sites like 1xbit(scam) operating without any problems at all and I believe they have a license.
Owning a licence does not mean necessarily that the casino is not going to be scam one and the casino you are taking about 1xbit have Curacao license and the holder is 1X Corp N.V but still you see they have tons of scam accusations against them and running campaign on the forum as well but the responsibility comes upon you as a player to detect such scam sites and avoid them to major extent.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
September 13, 2021, 02:32:26 AM
#32
How will the renting of a online casino even work? You as the owner of the casino has to open a Bank and merchant account to work with electronic payment system providers and to buy legal gaming content from 3rd party Slot providers. The gambling license are linked to your registered business account.  Roll Eyes

OP, you might want to read this : https://www.gaminglicensing.com/news/the-types-of-online-casino-licenses/ to understand why sub "renting" is not a good idea for a casino. (The owner of the license might lose their license, if the person renting it... does not pay their winners or if the RTP is rigged)
legendary
Activity: 2338
Merit: 1124
September 13, 2021, 01:42:42 AM
#31
I'm not sure if such a thing exists. How do you intend to use a license that is not rightfully yours knowing that you will be rolling out an entirely new gambling except you plan to run similar gambling but even then, I thought financial reports were required by regulatory authorities to avoid unnecessary fraud, how do you intend to get around that?
Well, yeah technically you cannot rent a license. It's either issued to you or otherwise, it's not based on the requirements they want you to fulfill.

I haven't seen anyone, but it might have happened somewhere else in the world. You know, when you have a license, you get authority to operate by law, and that legislation governs your casino with limits to specific jurisdictions, so you don't want to go outside of where you're not allowed to operate.
Mostly I have seen USA players not allowed for most licenses but yeah there are always limitations.

I seriously miss the days when crypto based casinos were just operating without any licensing and shit. I know it's risky for players because the casino may scam in those cases but even today there are sites like 1xbit(scam) operating without any problems at all and I believe they have a license.
legendary
Activity: 2940
Merit: 1083
September 12, 2021, 06:55:45 PM
#30
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?

Curacao gaming license seems to be the most easiest and convenient way to have a license.

As long you meet the necessary requirements, obviously, the process will be smooth. Maybe the first thing to do is to check the requirements as getting a license is not that easy to be granted if you are lacking in it. It's just the same as how you register your business.

You can check their website or some related articles on how to.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
September 12, 2021, 06:37:04 PM
#29
Is there an online gambling casino in your country that you can find? well you can find it in their license section where they get the license. Because usually this will be more compatible for your casino. rather than you renting it will look even more inappropriate. Broadly speaking, the license that other casinos use may not necessarily match the characteristics of your gambling.
Exactly and this is also very risky in your casino.
Renting a license is not a good idea at all, this is seems that you are cheating that way, and if you are renting a casino that dont have a good reputation the license will I guess revoke, I dont know if that is a correct term but I think something like that. I prefer to have my own license than renting by others if I were a casino owner. There are no possible issues ahead and you will not worried at all times.

renting i believe has more on cons side. so to avoid possible troubles in the future, better acquire one, even the curacao gaming license would do. at least, you can say, it is your own. we don't know the motive of the OP why he seemed to resort on renting. i hope he's not planning to set-up a fly-by-night gambling site here. Grin
also, if he can't afford yet. why not develop the casino and strengthen its presence. several long-running casinos here in the forum don't have their license yet. so it is not about the license but how about you manage things here.
legendary
Activity: 3416
Merit: 1225
September 12, 2021, 05:02:41 PM
#28
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?

I don't know if you really mean rent or obtain a license for your casino business you cannot rent a gambling license from an existing license holder each casino has its own license named for their casino, it's specific, but if you are looking to get one here is a guideline that you can follow
Everything you need to know about obtaining a gambling license are all here

https://lawstrust.com/en/licence/gambling
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
September 12, 2021, 04:45:35 PM
#27
Is there an online gambling casino in your country that you can find? well you can find it in their license section where they get the license. Because usually this will be more compatible for your casino. rather than you renting it will look even more inappropriate. Broadly speaking, the license that other casinos use may not necessarily match the characteristics of your gambling.
Exactly and this is also very risky in your casino.
Renting a license is not a good idea at all, this is seems that you are cheating that way, and if you are renting a casino that dont have a good reputation the license will I guess revoke, I dont know if that is a correct term but I think something like that. I prefer to have my own license than renting by others if I were a casino owner. There are no possible issues ahead and you will not worried at all times.
legendary
Activity: 2086
Merit: 1058
September 12, 2021, 03:47:13 PM
#26
As far as gambling licenses go, I think the curacao gambling license is most easily available and has all the terms in the favor of the casino. I somewhere heard that the license allows the casino to handle the customer complaints of its own and the license provider won't interfere at all. And talking of the benefits of such a license for the gambling house, there is some relaxation on the taxes as well, if you operate virtually or something like that.

Almost all the crypto casinos have their license from the same provider and there must be a good reason for that.
sr. member
Activity: 1764
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Binance #SWGT and CERTIK Audited
September 12, 2021, 01:50:57 PM
#25
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?
This is the first time I've read something about renting a legit online gambling license. You, as a potential owner of a new online casino that uses other's gambling license, do you think renting it would be worth it in the long run? I mean, is it fine to do that? Why don't you want to just process your own license to operate our online casino? That would be better I guess.
^ Not unless if OP wants to run business in a short period of time and make shady business in just a short period of time, I have a sense that this is the way how they will make fraudulent action. Gamblers may think that the casino has a license that is legit and they don't check if the gambling license has come from a real owner. The seller of a gambling license could be at risk too, we don't know if oneday, they will ban this kind of service but there is no permanent hack result.
I guess so. If the OP wanted to be a reputable casino, he wouldn't even think of his company to have a fake gambling licence to operate. He wanted also to be anonymous (assumingly) since it's all like that. I wouldn't play on a casino that faked it's credibility. I wouldn't even trust it at all and never play there.
full member
Activity: 1204
Merit: 110
September 12, 2021, 02:33:02 AM
#24
Basically, it's on what country where you base for your business if you want to get a business license together with the gambling license.

I just don't exactly know if there's something renting business license for gambling, if there is probably it's an illegal to start with (correct me if I'm wrong though).


There are many countries where gambling is legal. I think OP wants a license for his gambling platform for getting credibility, and I don't think you can get any license on rent anywhere in the world. Getting license means fulfilling certain conditions. Here are guidelines for getting gambling license in UK, Gambling licence information, guidance and advice for businesses and individuals.
full member
Activity: 1834
Merit: 166
September 12, 2021, 02:22:15 AM
#23
Basically, it's on what country where you base for your business if you want to get a business license together with the gambling license.

I just don't exactly know if there's something renting business license for gambling, if there is probably it's an illegal to start with (correct me if I'm wrong though).

I'm not an expert,but here's my 2 cents.
Most crypto casinos have gambling licenses from Curacao,but they operate globally and have customers from all around the world.I don't think that those crypto casinos are based in Curacao,their owners,developers and employees aren't from Curacao for sure.The servers of those crypto casinos most likely aren't located in Curacao as well.They just buy a gambling license from Curacao,because it's cheaper and easier to get and
there are less restrictions in the license.
Basically renting and/or selling a gambling license should be considered illegal,but I'm not aware of the gambling regulations in offshore jurisdictions like Curacao or Malta. 
You are right th casino operators usually have a license from the Curacao and registered themselves but they can operate anywhere and don't need to have any specific location.They go for the Curacao license because it's cheap and it is needed to show it's legitimacy in the market and gave trust to the users that funds will be safe of users.But you can see most of the crypto casinos coming in the market are now having the same license.

Quote
Nevertheless, the main reason is great licensing conditions and affordable cost. The Curacao licence will cost you

 21,900 EUR per year + 6% sales tax. The renewal of the license is priced at €21,900 per year + 6% sales tax. . However, for that price, you will will get at least:

Professional consultation
The gaming licence itself
Control over complying with licensing requirements
Two domains and one validator

Source here for more information: Curacao license
hero member
Activity: 3150
Merit: 937
September 12, 2021, 01:23:24 AM
#22
Basically, it's on what country where you base for your business if you want to get a business license together with the gambling license.

I just don't exactly know if there's something renting business license for gambling, if there is probably it's an illegal to start with (correct me if I'm wrong though).

I'm not an expert,but here's my 2 cents.
Most crypto casinos have gambling licenses from Curacao,but they operate globally and have customers from all around the world.I don't think that those crypto casinos are based in Curacao,their owners,developers and employees aren't from Curacao for sure.The servers of those crypto casinos most likely aren't located in Curacao as well.They just buy a gambling license from Curacao,because it's cheaper and easier to get and
there are less restrictions in the license.
Basically renting and/or selling a gambling license should be considered illegal,but I'm not aware of the gambling regulations in offshore jurisdictions like Curacao or Malta. 
full member
Activity: 546
Merit: 148
September 11, 2021, 11:30:44 PM
#21
I'm not sure if such a thing exists. How do you intend to use a license that is not rightfully yours knowing that you will be rolling out an entirely new gambling except you plan to run similar gambling but even then, I thought financial reports were required by regulatory authorities to avoid unnecessary fraud, how do you intend to get around that?
I haven't seen anyone, but it might have happened somewhere else in the world. You know, when you have a license, you get authority to operate by law, and that legislation governs your casino with limits to specific jurisdictions, so you don't want to go outside of where you're not allowed to operate.
sr. member
Activity: 1526
Merit: 252
September 11, 2021, 03:14:18 PM
#20
Is there an online gambling casino in your country that you can find? well you can find it in their license section where they get the license. Because usually this will be more compatible for your casino. rather than you renting it will look even more inappropriate. Broadly speaking, the license that other casinos use may not necessarily match the characteristics of your gambling.
legendary
Activity: 2086
Merit: 1282
Logo Designer ⛨ BSFL Division1
September 11, 2021, 02:53:55 PM
#19
You can't rent a betting license, you can only purchase on and most casinos and betting websites are using Curacao betting license because it is the cheapest option.
Other options are license from Costa Rica and Montenegro but you can't find that on bitcointalk forum.
You can find some explanation about them on this website:
https://www.gamblingsites.org/laws/
hero member
Activity: 2590
Merit: 644
September 11, 2021, 01:36:45 PM
#18
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?
This is the first time I've read something about renting a legit online gambling license. You, as a potential owner of a new online casino that uses other's gambling license, do you think renting it would be worth it in the long run? I mean, is it fine to do that? Why don't you want to just process your own license to operate our online casino? That would be better I guess.
^ Not unless if OP wants to run business in a short period of time and make shady business in just a short period of time, I have a sense that this is the way how they will make fraudulent action. Gamblers may think that the casino has a license that is legit and they don't check if the gambling license has come from a real owner. The seller of a gambling license could be at risk too, we don't know if oneday, they will ban this kind of service but there is no permanent hack result.
sr. member
Activity: 2366
Merit: 332
September 11, 2021, 12:17:08 PM
#17
I think renting can only be legit to the extent that the agreement of duration of use elapse or last. That means after expiration, you start another process of trying to go into renting again and maybe at that point in time, you may not be lucky as fast as possible to get a renewer from the old lesser or a new one entirely. Then you can stand the risk of losing your business. Have you not considered these pros and cons of lease and acquiring a license direct especially if you intend to stay in the market longer.
sr. member
Activity: 1764
Merit: 260
Binance #SWGT and CERTIK Audited
September 11, 2021, 11:56:37 AM
#16
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?
This is the first time I've read something about renting a legit online gambling license. You, as a potential owner of a new online casino that uses other's gambling license, do you think renting it would be worth it in the long run? I mean, is it fine to do that? Why don't you want to just process your own license to operate our online casino? That would be better I guess.
hero member
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September 11, 2021, 10:59:26 AM
#15
I only know Curacao and Malta, that's the common license I see on the gambling site I think you can do a simple research on google on how would you be able to have a license with these options and I think you can visit their website, I really think they do have the requirement lists in order to have a gambling license. Are you planning to open up your own gambling website? It's good that you consider having a gambling license before opening your own gambling website.

There are others too like Gilbratar and Kahnawake, but they operate on more restrictions (i.e. their own regions). Depends on where the OP is from.
hero member
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September 11, 2021, 07:45:43 AM
#14
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?

If you are a newbie looking to launch a gambling site but don't know the procedure on how to rent an online gambling license go check this article, I don't recommend the service or the company because I don't know how legit they are just do your research when hiring a service but they do have sound advice on how to start a gamblign and all you need to know about getting a license

HOW TO START AN ONLINE GAMBLING BUSINESS QUICKLY: GAMINATOR EXPERT ANSWERS
full member
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September 11, 2021, 03:02:37 AM
#13
I only know Curacao and Malta, that's the common license I see on the gambling site I think you can do a simple research on google on how would you be able to have a license with these options and I think you can visit their website, I really think they do have the requirement lists in order to have a gambling license. Are you planning to open up your own gambling website? It's good that you consider having a gambling license before opening your own gambling website.
legendary
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September 10, 2021, 08:20:11 AM
#12
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?

As per the article below, it seems that sub licensing is legal and possible. Read below,

Quote
Who issues Curacao sublicenses?
The Justice Minister of Curacao has sole discretion in granting online gambling Licences, which are issued by the Governor-General of Curacao. Since 1996 there have been four Master Licences awarded; respective holders are:

Cyberluck Curacao N.V. (Curacao-eGaming) #1668/JAZ
Gaming Curacao (GC) #365/JAZ
Curacao Interactive Licensing N.V. (CIL) #5536/JAZ
Antillephone NV #8048/JAZ

A Master Licence holder may grant Sublicences to online casinos and other gambling sites. Sublicensees are entitled to the full privileges granted to the Master Licence holder, with the exception that they may not issue Sublicences of their own. A single Licence covers all games of skill, chance, and wagering as well as all related peripheral activities such as software providers, service providers, network operators, platform operators, affiliates, marketers, and white-label operators.

Link: https://www.curacaowebhosting.com/2017/05/23/cost-gambling-license-curacao/

So try to get in touch with anyone of them and get the ball rolling.
legendary
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September 09, 2021, 08:01:57 PM
#11
Ok thanks, personally I was told that rental was also legal just don't know the procedure. Which is why I posed the question here. But I'll look into the legality of it more.
would you mind updating us on what you find? I am curious, I've never heard about renting a gambling license. I tried looking up regarding the procedure or legality of it but I came up with nothing(or maybe I just missed it).

Getting a license doesn't necessarily mean that you have the power to serve every country in the world though. Take that in mind.
yeah, but it does allow you to legally operate and service the citizens where the license is accepted.
hero member
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September 09, 2021, 05:48:53 PM
#10
As others have said already, why rent if you can get one?
You may never know also what will be the arrangements of your third party provider that he will ask of you later on.
He said that someone tipped him that he can just rent a license. Like the others, it's our first time to see someone asked that and whoever told him that there's such thing in existence. We don't know if he actually did it on his own.

But at least OP have already got everyone's answer that he's going to research more about its legality. I guess the thread should be closed already.
hero member
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September 09, 2021, 05:26:50 PM
#9
^ Definitely you are right and it should must your license, not on other names.
I suggest to OP to read this article on how to get an online gambling business license, there is no need to rent if you can afford to get your own.
https://meliorgames.com/gambling/online-gambling-license-how-to-get-it/. And I also suggest getting your own lawyer for this and understand first the jurisdiction in your country or in any offshore country that you may choose because they had different rules and laws.

If I were op, I would do what you said and don't have to worry about the cost as when the gambling platform attracts gamblers then the amount of money spent to acquire gambling license and other expenses will be deducted from profit (house edge) as long as the platform survive and stay legit. There is a thread where op is about a gambling site having a domain that is expire and even bought a domain didn't get much attention.

It is better to acquire your own, but we don't know the motive of the OP here.
I hope, he is not looking in this business as short-term venture.
If he is not ready to accommodate all the aspects needed to set-up a gambling site with solid foundation, better not start at all.

Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?

You have to look to the regulators for this advice based on the jurisdiction you are trying to apply from.

Curacao and Panama seem to be two very popular destinations for online casinos to gain licenses from. From what I've heard the process is not particularly difficult and you should be able to gain one quite easily.

Getting a license doesn't necessarily mean that you have the power to serve every country in the world though. Take that in mind.

As others have said already, why rent if you can get one?
You may never know also what will be the arrangements of your third party provider that he will ask of you later on.
tz
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September 09, 2021, 05:24:30 PM
#8
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?

You have to look to the regulators for this advice based on the jurisdiction you are trying to apply from.

Curacao and Panama seem to be two very popular destinations for online casinos to gain licenses from. From what I've heard the process is not particularly difficult and you should be able to gain one quite easily.

Getting a license doesn't necessarily mean that you have the power to serve every country in the world though. Take that in mind.
hero member
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September 09, 2021, 05:09:47 PM
#7
^ Definitely you are right and it should must your license, not on other names.
I suggest to OP to read this article on how to get an online gambling business license, there is no need to rent if you can afford to get your own.
https://meliorgames.com/gambling/online-gambling-license-how-to-get-it/. And I also suggest getting your own lawyer for this and understand first the jurisdiction in your country or in any offshore country that you may choose because they had different rules and laws.

If I were op, I would do what you said and don't have to worry about the cost as when the gambling platform attracts gamblers then the amount of money spent to acquire gambling license and other expenses will be deducted from profit (house edge) as long as the platform survive and stay legit. There is a thread where op is about a gambling site having a domain that is expire and even bought a domain didn't get much attention.
hero member
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September 09, 2021, 04:51:20 PM
#6
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?
Acquiring your own license would be more safe if you want to start a business rather than renting license. You have to do some research if rental is legal rather than believing that someone told you that it is legal. I would do as what LUCKMCLFY recommended. Renting license could be a problem if ever the one who rent you the license decides to stop letting you rent his/her/their license for gambling business.
^ Definitely you are right and it should must your license, not on other names.
I suggest to OP to read this article on how to get an online gambling business license, there is no need to rent if you can afford to get your own.
https://meliorgames.com/gambling/online-gambling-license-how-to-get-it/. And I also suggest getting your own lawyer for this and understand first the jurisdiction in your country or in any offshore country that you may choose because they had different rules and laws.
hero member
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September 09, 2021, 04:39:17 PM
#5
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?
Acquiring your own license would be more safe if you want to start a business rather than renting license. You have to do some research if rental is legal rather than believing that someone told you that it is legal. I would do as what LUCKMCLFY recommended. Renting license could be a problem if ever the one who rent you the license decides to stop letting you rent his/her/their license for gambling business.
legendary
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September 09, 2021, 03:43:01 PM
#4
The truth is that the first time I see that you can rent a license, although what I really recommend is that you can acquire your own license, since it gives your site more legality, if you talk about renting on the day that you cannot pay or do not want to Paying a certain license your casino or site will be exposed to any bad eventuality and seeing it from the legal point of view it would not look very good in the eyes of many clients, because in gambling what is most sought after by players is the fun and safety of money and not be involved in problems of any kind.
newbie
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September 09, 2021, 02:48:52 PM
#3
Ok thanks, personally I was told that rental was also legal just don't know the procedure. Which is why I posed the question here. But I'll look into the legality of it more.
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September 09, 2021, 02:13:56 PM
#2
Basically, it's on what country where you base for your business if you want to get a business license together with the gambling license.

I just don't exactly know if there's something renting business license for gambling, if there is probably it's an illegal to start with (correct me if I'm wrong though).
newbie
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September 09, 2021, 12:49:13 PM
#1
Hi guys, I was wondering if anyone could help me out. I'm looking to rent a legit online gambling license. What's the best way to do so?
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