Is It Possible to Organise Online Lotteries with a Gambling Licence?
It is important to clarify what kind of permit you obtained or plan to buy. The fact is that licensors offer different conditions for the activities.
For example, the Isle of Man, Malta, and the UK provide separate documents for each type of gambling. However, Curacao issues a single certificate for all games, allowing entrepreneurs to operate legally anywhere in the world.
Learn more from Online Casino Market experts. With our help, you can start a legal and lucrative gambling business of any scale and type.
Nuances of Launching a Lotto Project
It is worth considering in which country you want to organise the draws. An international permit grants the right to work in any country but with one caveat. Such lotteries will be considered legal only in those jurisdictions where it is allowed to provide the relevant services under a foreign licence.
Operators need to meet 2 conditions for the business to be completely legal:
- obtain the necessary document;
- provide services in the country where it is allowed by local law.
You need to be very careful with this type of entertainment. In countries where only state lotteries are considered legal, selling tickets based on an international licence can lead to problems with the law.
It is better to resolve this issue with the help of experienced specialists. They have specific knowledge and constantly monitor the modernisation of legislation in the gambling field. It is a legal adviser who can suggest when is the best moment for implementing a project with entertainment draws.
The Main Things about the Organisation of a Lottery Site
There is another aspect that should be relied upon when trying to open such a business. These are your ambitions. The easiest way to enter a new market will be to establish a company in the home region and get a licence there.
If your plans include the provision of services in other jurisdictions, carefully prepare and establish a business in such a way that in the future, you can easily attract players from anywhere in the world. That is, it is better to obtain a foreign licence for all types of gambling activities.
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For more information, please contact our managers.
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