Gambling is a licensed and regulated business by law. If you are considering entering the business for the first time, or you are an established gambling business it is important that you contact a consultancy that can assist you, and point you in the right direction.
Governments seek to regulate gambling through law, with the aim of protecting the young and vulnerable and to see that the gamblers are treated properly. In the fast moving world of Internet gambling the law has to change to match the current needs of changing technology. Keeping up to date with those changes is s therefore essential. Global Betting and Gaming Consultants (GBGC) is here to assist.
GBGC produces the Global Gambling Report and apart from providing the necessary data in which to manage your business we provide the latest gambling law changes for over 240 legalised gambling jurisdictions.
If you are embarking on an investment in internet gambling choosing the right jurisdiction for you business is essential. Some countries offer favourable investment grants to start up businesses.
GBGC is constantly updating our data base of the current licence fees payable for each jurisdiction and the cost of making an application for a gambling licence.
We also keep a record of the taxation that applies to gambling companies for profits and capital taxes that could be paid by gambling company shareholders.
The penalties for not observing the gambling laws that are applicable to your business can be quite severe so it is better to take the right advice in the first place.
GBGC has advised four governments on gambling law and many established companies, many of which are blue chip. Call us today or complete the online form. We will respond within 24 hours.