Below are some statistics you should know regarding the cost of getting and maintaining a gambling license. Thousands of licenses worldwide for online gambling are continuously getting processed regularly. After that, the business must maintain its rights by paying annual fees of around $25,000 per license. With all these factors, getting a gambling permit is more than the initial license cost paid by the jurisdiction. With that, the business will need legal help for consultation and compliance with the jurisdiction’s laws. The licensing process is a complex procedure. Moreover, remember that, in most countries, the application fee s are non-refundable.Įach jurisdiction has several types of licenses determined by the company’s size and specific service type. The proceedings vary for each licensed provider, and the processing and registration fees differ. Here is a breakdown of the components: Factors affecting gambling license costĭifferent sets of rules and regulations in each country’s gambling industry.
Depending on several factors, a gambling license costs range from $20,000 to $120,000.
