Harvex are a major provider of successful license applications in Europe, for the best licences available to suit your specific gambling requirements.
Firstly you need to assess whether you need a gaming, egaming, betting or remote gambling license and whether the restrictions of the license are suitable for your business.
Through our extensive experience and knowledge of the sector, Harvex will work with you to find the correct type of gambling license. We are connected with all the main licensing authorities, including sub-licensors.
Our back office services, include specialist international tax planning during setup, accounting and day-to-day finance for your online casino or igaming site.
Harvex provide a full stack solution to online gaming, egaming, betting & remote gambling licenses. We offer options for both Fiat (GBP, USD, EUR, AUD etc) and Cryptocurrency (Bitcoin, Ethereum, EOS) or a mixture.
Whether you are an individual or company and wherever you’re based in the world, we can support throughout the four key stages of gambling licenses; requirements, cost, application and ongoing compliance.
There a few igaming licensing hotspots around the world and assessing these upfront is essential. The type of license you require will depend on a wide variety of factors, the category of gaming, gambling or betting, the jurisdiction you and your customers are based in, and the currencies (including cryptocurrencies) you plan to accept as payment. Each licensing authority has a different list of positives and this will influence the decision.
There are a wide range of categories, including online poker, bingo, slots, roulette, casinos, sports betting, sportsbooks, lottery sites, plus many more. It is important to align your online gaming license with your activity.
Cryptocurrency | Bitcoin Gaming Licence
Harvex can also arrange the appropriate licencing for crypto gambling operators. This type of license is unique and brings a specific set of requirements. Harvex can support with licensing for your related category.
Once you decide where to register your online gambling company, you’ll need to file a formal application. In some cases this is obtaining a license from the regulator, in others it would be obtaining what’s know as a ‘sub-license’ from approved and regulated license holders. In either case, the application process can be supported by Harvex.
The country of Curacao was one of the first to begin to legislate for online gambling activities, back in 1996. Since then, the egaming license has been used by online casinos around the world to provide a framework for online gaming and gambling. The Curacao licence is perfect for operators looking to operate globally, where a local license does not exist. The Curacao e-gaming license has a list of restricted countries, for example the USA, however in keeping with the forward thinking approach, the Curacao gaming licence is one of very few licensing authorities that allow cryptocurrency (eg Bitcoin) gambling.
The UK Gambling Commission oversees gambling activities in the United Kingdom. The UKGC regulates both land and remote gambling operators covering casinos, lotteries, sportsbook and gaming platforms. A UK gaming licence is viewed very favourably due to the strict upfront and ongoing monitoring of gambling activities. Although the process is more onerous than the Curacao option, once obtained a UK license makes banking and payment processing easier. The potential downside is the UK licence is it is for UK operations only and not able to be used globally.
Malta is a hive of activity for online gaming. The Malta online gaming licence, which is issued by the Malta Gaming Authority (MGA), is considered a highly reputable option. The remote gambling framework was developed in 2004 (the first in the EU) and covers both online gambling sites and game providers alike. As a result there are multiple platforms and casinos registered and licensed on the island of Malta. Much like its UK counterpart, the Maltese conduct upfront and ongoing due diligence on the entities they licence, with gaming duties due to the government.
Complying with the rules of the license issuing regulator is, of course, essential. During the application process, the regulation will be explained and an applicant will need to confirm they will adhere to the guidelines. Harvex will work with you to ensure you select a license that regulates your online igaming business suitably.
The application process for online gambling with crypto as a payment method has an enhanced level of due diligence. The application may be slightly longer, however it is possible to obtain a licence to cover punters using cryptocurrency.
A potential gambling license holder may be required to incorporate a company in the jurisdiction in which they are applying for the license, irrespective of where the license holder is geographically based themselves. With the connections Harvex have, this process is usually fast. We can then applying for an online gaming bank account.
As a result, Harvex can oversee the entire process of opening a gambling or gaming company for you, including completing and filing all paperwork. To date, Harvex have opened companies in over 50 countries.
Generally, licenses are issued for a period of 12 months, after which an extension will need to be filed. The regulatory bodies have the right to inspect the holder throughout the license term and check the guidelines are being followed.
Providing the rules have been followed the renewal process can be undertaken in a reasonably short timescale, for both traditional online sites as well as those accepting Bitcoin, Ethereum or any other Cryptocurrency. Harvex will be able to support you on renewing application.
We've helped many iGaming businesses obtain licences from the UK, Malta & Curacao, making Harvex a leading provider for licencing applications in the industry.
We know what's required and how to apply, so we won't waste time with failed applications, getting you online as soon as possible with a suitable licence.
Since we began working in Blockchain and Crypto in 2016, Harvex have been the perfect partners for everything to do with our finances. We're able to accept any currency, handle our FX and brokerage and they secured our bank account. Along with handling all our accounts and tax, we couldn't cope without Harvex.