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Accounting data reports and auditing information.Clear ownership structure scheme, plus the details about the profit-sharing plan.A detailed description of gambling business: an owner of the gambling business should provide the detailed and current information in a particular field of gambling he is planning to run.Bank statements, profit and loss projections, and proof of funding.Detailed description of customer terms and conditions.The basic T&Cs you need to meet when applying for a gaming license include: Pay the annual fee that is due 30 days after you have received the license.īasic Terms and Conditions of the Gambling Commission to Apply for Gaming Licence.Wait around eight weeks for the Gambling Commission to process the technical and personal documentation.

Fill in the application form with the necessary documentation that can include, but is not limited to, personal details, proof of funding, business plan, bank statements for all accounts for the past six months, customer T&Cs, policies and procedures, and more.

Choose the type of license you require.

Inquire about the types of gambling licenses available and decide which one serves your purpose.

Here are all the steps you need to take to get hold of a gambling license from the Gambling Commission: Naturally, the requirements vary from the regulator to regulator, but the core procedure usually remains the same. In addition to the personal information regarding the individuals connected to the gambling enterprise, financial and structural information is also required so that the regulator can ascertain if the company can run a sustainable business.

Documented information about a business owner, business partners and employee should be provided as a result. A special commission (known as the Gambling Commission) monitors and regulates the online gambling business conduct, making sure the company is eligible for granting a gaming license and complies with codes of its practice.īefore a business owner secures the license permission to function, a set of sector-specific license requirements and compliance rules must be met.Ī primary purpose of such procedure was designed to determine the behaviour of everyone associated with a particular gambling organisation in order to eliminate the faintest deviation from the jurisdiction’s protocol.