Latest News
Bet B2B: Jurisdictions in the gambling business – how to choose?
Online Gambling Control Jurisdiction is specifically established legislation in the regions of the world that allows the regulation and issuance of licenses to companies that operate online gambling and betting sites or develop and supply iGaming software. “These jurisdictions typically have organizations responsible for regulating and regulating licensing activities that provide licensing for consumption,” BetB2B noted.
In order to obtain a iGaming license issued by the relevant licensing authority, it is usually required that the site perform at least part of its activities within a particular jurisdiction.
Such licensing authorities usually screen companies applying for funding. Including verification of their financial activities, business model, security system, fair play controls and participation in anti-money laundering and anti-terrorist financing measures.
When choosing a jurisdiction for an iGaming startup, one of the most important aspects to consider, according to BetB2B experts, is the regulatory framework.
- Choosing a jurisdiction with a well-developed and transparent regulatory framework is essential as it ensures that business is conducted legally and ethically. This helps maintain compliance and builds players and stakeholder confidence.
Another important factor is the tax treatment offered by the jurisdiction. Some jurisdictions provide for more favorable tax structures for iGaming, resulting in lower costs and increased profitability. By choosing such a jurisdiction, startups can allocate resources more efficiently and maximize their financial benefits.
In addition, it is critical to consider the size and growth potential of the iGaming market in a particular jurisdiction. Choosing a jurisdiction with a large and expanding iGaming market gives startups the opportunity to grow their player base and expand their business operations over time.
“Jurisdictions often considered attractive for iGaming startups include Malta, Gibraltar, Curaçao and the Isle of Man”, BetB2B notes. “These venues offer a combination of favorable conditions that make them an attractive choice. However, it is important to conduct a comprehensive study and carefully assess the specific needs and goals of a business before finally deciding on a jurisdiction.”
BetB2B: Types of jurisdiction in the gambling business
There are several types of jurisdictions in which iGaming can be carried out. Among them:
- Licensed jurisdictions, in which the iGaming business is regulated and controlled by government agencies. They usually offer stability and reliability, but require strict adherence to license terms and conditions.
- Offshore jurisdictions, offering more flexible regulation and taxation, but at the same time with a lower level of stability and reliability in terms of legal protection.
- Jurisdictions with special conditions. Some jurisdictions offer iGaming businesses special tax breaks or permits for certain activities.
Each jurisdiction has its own unique features that may influence the choice for your iGaming business. Different countries have their own gambling laws. Some of them may have tougher legislation while others may be more loyal to the industry.
BetB2B notes that jurisdictions offer different tax rates and benefits for the iGaming business, and therefore can significantly affect your profitability. Online gambling control jurisdiction is a specially established legislation in the regions of the world. This legislation requires iGaming companies to obtain the appropriate licenses for their operations. These jurisdictions typically have organizations responsible for the regulation and regulation of licensing activities that provide licensing for consumption.
Gambling Jurisdiction Guide: BetB2B reviews
An important factor in choosing a jurisdiction is its reputation in the iGaming industry, which can inspire more confidence among clients. BetB2B, which has been one of the leaders in the market for providing ready-made solutions for business development in the field of betting and gambling for more than 12 years, has studied in detail the most requested jurisdictions by clients.
1. Europe
European jurisdictions such as Malta and Gibraltar are popular choices for iGaming due to their developed legislation, stability and tax incentives.
Choice factors: Reputation, availability of licensing, taxation, legal protection.
2. USA
The US has recently opened up an iGaming market in some states such as New Jersey and Pennsylvania. It is possible to obtain a license and work in a highly regulated environment.
Choice factors: State legislation, market potential, competition, taxation.
3. Asia
Some countries in Asia, such as the Philippines and Macau, have developed betting and gambling industries and offer favorable business conditions.
Choice factors: Regulation, licensing availability, market potential, cultural differences.
4. Africa
African countries such as Kenya and South Africa have a growing gambling market and offer very lucrative business opportunities.
Choice factors: Legislation, taxation, market potential, stability.
5. MANA (Marshall Islands, Anguilla, Niue, Ascension, Montserrat)
These islands offer special conditions for the gambling business, including tax incentives and flexible regulation.
Choice factors: Taxation, reputation, stability, availability of licensing.
BetB2B experts note that the choice of a particular jurisdiction can be important as it affects the taxation, regulation and legal protections available in a given area of activity.
Therefore, when starting a gambling or betting business, it is important to consider the various jurisdictions in which you can operate in order to maximize the success of your enterprise.
Once you have decided on such a jurisdiction, issued a license and are ready to launch your gambling website, it is worth finding a software provider that will help you create a quality and service.
BetB2B – IT-services for iGaming
BetB2B has been providing IT services to iGaming companies for 12 years for business development. BetB2B is a platform that offers a wide range of services in the betting and gambling industry, including software development and integration, payment processing, marketing and others.
For the convenience of the client and providing guarantees for the successful launch of the project, the company also undertakes to help you choose the right jurisdiction for you to start the iGaming business.
“BetB2B works with companies in various jurisdictions, including Europe, the USA, Asia, Africa and the MANA Islands”, the company’s experts comment. “Our knowledge and many years of experience in the field of requirements and conditions of each jurisdiction help to accurately choose the most suitable option for the client. After all, our goal is not just to launch your gambling business, but also to guarantee the absence of legal problems during work.”
To become a BetB2B client, simply fill out an application on the website bet-b2b.com and wait for a call from the responsible manager.
Industry News
Endorphina Affiliate Hub: Huge Benefits for Affiliates
Endorphina, a leading developer of online casino games, has announced its new, groundbreaking Affiliate Hub. This centralized information base offers an improved user experience and a wide range of benefits for Endorphina’s affiliates.
Among the number of benefits, Endorphina’s Hub offers:
- Access to a wide range of downloadable materials including videos, high-resolution images, banners, brand guidelines, graphic sets, and other resources.
- Staying informed through a centralized hub for all Endorphina news, updates, and announcements.
- A fully localized affiliate page in Spanish, allowing Spanish-speaking affiliates to access all necessary resources in their native language.
Take advantage of the updated Affiliate Hub – visit endorphina to check.
The Affiliate Hub also simplifies the registration process for new affiliates and is now available for access. Endorphina promises further exciting developments in the future. Joining the Endorphina Affiliate Hub gives affiliates access to contacts of relevant people and quick support from Endorphina’s team.
Industry News
iGB Affiliate attracts registrations from 55 nations in just six weeks
iGB Affiliate which runs 20th – 23rd January alongside ICE at its new home at Fira Gran Via in Barcelona has affirmed its growing international credentials with igaming professionals from 55 nations already registering to attend, placing the show on course to break through the 100-nation landmark for the first time.
With the ‘Nuevos Horizontes’ (New Horizons) theme spearheading an international marketing campaign which went live in September the most represented nations comprise the UK, Israel, Malta, Cyprus, Spain, Italy and India.
Additional insights drawn from the data confirm the growing influence of Latin America with 35% of those registering operating in the region. In important news for exhibitors seeking fresh business opportunities, 1 in 12 of the total iGB Affiliate 2025 registrations are poised to attend the expo for the first time, bringing brand new attendees and potential partnerships to iGB Affiliate 2025.
Naomi Barton, iGB Events Global Portfolio Director, believes the registration data provides a window on the industry and the trends which underpin it. She stated: “One of our stakeholders predicted that iGB Affiliate 2025 would be – to quote him – a ‘really monstrous event’ and the data is supporting that opinion.
“All of our numbers are significantly up and the geographical distribution, in particular the 35% who operate in LatAm, reflect accurately what’s happening in the sector where the region, spearheaded by Brazil, has taken over from the US as the main geographical focus for affiliates.”
She added: “The industry is responding enthusiastically to a show which will feature a record 250 industry-leading exhibitors and sponsors and host a vibrant community of 8000+ iGaming Affiliates and Tech Vendors.
“The iGB Affiliate pledge is to facilitate outstanding business networking, deliver high-quality content, and provide thought leadership that fosters trust-based partnerships and drives growth throughout the iGaming affiliate ecosystem.
“By consistently delivering on these core objectives iGB Affiliate Barcelona will deliver a critical platform and opportunity for profitable business expansion.”
For more information including access to free Affiliate passes: barcelona.igbaffiliate.com
Latest News
Former Gambling Minister the Rt Hon Stuart Andrew MP to speak at Bacta’s Annual Convention
The former Gambling Minister the Rt Hon Stuart Andrew MP who was named Shadow Secretary of State for Culture, Media & Sport in Kemi Badenoch’s top team has agreed to speak at the forthcoming Bacta Annual Convention which is taking place on Thursday 28 November.
Bacta members are on course to be at the 2024 Convention in record numbers based on the number of pre-event registrations received for the high-profile industry event.
With three weeks to go registrations are ahead of the same stage last year with members responding positively to Bacta’s ‘Going for Growth’ theme set against the new political landscape punctuated by Labour’s landslide General Election victory in July and November’s election of Kemi Badenoch as Leader of the Conservative Party. The confirmed attendance of the former Gambling Minister is likely to accelerate registrations.
Looking ahead to Convention George McGregor Bacta’s Executive Director (Government Relations) said: “First of all I am delighted that Stuart Andrew who oversaw the White Paper only to see it paused by July’s snap general election has agreed to join us at our Annual Convention. Members are responding in great numbers to both the Parliamentary Reception which is officially at full-capacity and to the Convention taking place the following day.”
He added: “Our keynote speakers which will include Stuart Andrew will feature in a panel which will explore amongst other topics the dynamics of the relationship between the industry and government, the fate of the White Paper and how we can collectively determine a future in which gaming operators are not expected to wait over a decade before they can raise their prices!”
He continued: “The Annual Convention is an important benefit of Bacta membership. It represents an invaluable opportunity to network with colleagues and quiz the politicians and officials who play such an important role in determining the future of an industry which pays an estimated £270 million in tax and contributes £1.9 billion to UK GDP.
-
Gambling in the USA5 days ago
Gaming Americas Weekly Roundup – October 28-November 3
-
Asia4 days ago
FeedConstruct Secures Exclusive International Streaming and Data Collection Rights for Korean Volleyball Leagues
-
Latest News6 days ago
Springbok Casino’s Wild November Feature ‘Backyard Gangsters’ Offers 25 Free Spins on new Clue Chronicles: Mirror Mansion slot
-
Latest News4 days ago
Atlaslive Partners with Oddin.gg to Elevate Esports Betting in LATAM, Offering 24/7 Betting Markets and Cutting-Edge Odds Feed
-
Asia3 days ago
Red Bull, Nissin Cup Noodles, and Kreo Join College Rivals Season 2 as Associate Sponsors
-
eSports4 days ago
SOFTSWISS Sportsbook Doubles Esports Turnover in Q3 2024
-
Latest News4 days ago
Tom Horn Takes Players on a Hold & Win Adventure in Max Gold. Exploring the Unknown
-
eSports4 days ago
IESF and ITTI Open Applications for Scholarships in Esports Management