How much does it cost to start your own online casino?

So, ive bin wondering for quite some time about how must the initial costs of obtaining and starting a legitimate online casino within europe or outside of europe. And the avg operation costs involved for running a online casino. In short ill have you a detailled overview of just the setup, licencing and infrastructure in regards of setting up a online casino. This is without any of the marketing, promotion and bankroll to pay players their winning(s) as well. It’s said and answerred over various times that a good startup brand including marketing and personel is at least looking at ~ € 150000 up to € 400000. Contract as well have to be signed with game providers for licencing their games as well. The costs vary and RTP’s could be selected and certain approval of games and / or payment gateways are required as well.

  • Antigua and Barbuda:
  • Application fee: € 15,000
  • Online casino license: € 100,000
  • Betting platform license: € 75,000
  • Online casino license renewal: € 75,000
  • Betting platform license renewal: € 50,000
  • Isle of Man:
  • Application for any kind of license: £5,000
  • Full OGRA license application annual renewal: £35,000
  • Sub-License annual renewal: £5,000
  • Network Service License annual renewal: £5,000 + £5,000 for the networking partner
  • Belize:
  • Gaming License Application Fee: € 18,000
  • Belize Gaming Trade Association & Organisational Dues: € 5,000
  • Guidebook Application Fee: € 500
  • Annual Renewal Fee: € 15,000
  • Belize Gaming Trade Association & Organisational Renewal Fee: € 5,000
  • Kahnawake:
  • Application fee for a Client Provider Authorization: € 25,000
  • Application fee for each Key Person License: € 5,000
  • Required system testing: € 15,000
  • License renewal: € 10,000
  • Opening a bank account: € 1,900
  • Opening a merchant account: € 1,500
  • Costa Rica:
  • License: € 15,000
  • License renewal: € 1,500
  • Curacao:
  • Opening a bank account: € 1000
  • Company registration: € 3600
  • Company management per year: € 3600
  • Application processing fee: € 1000
  • Each third domain annual fee: € 2400
  • License fee per year: € 4800
  • Equipment/software fee: starting from € 1500
  • Server maintenance per year: € 6000

Obviously, Curacao does’nt have the best reputation in regards of casino trustworthy. Many stories about players usually being denied their winnings or payouts, or other vague terms of service as an excuse to not pay out winners. That does’nt mean that any casino from Curucao is bad! In the selection of top casino’s you’ll find a well worked out list with good brands that dislike the abuse of such casino’s in the first place.

Leave a Reply

Your email address will not be published.