Hello everybody, I go straight to the point...I am thinking about starting a web platform (not an affiliation with gambling and gaming companies such as 888 william hill) and I am already checking out the price for this kind of software (several thousands to 150.000 US just for the software). My concern is about licenses and where you must have the website and eventually establish a company. My Idea would be to start small with one or 2 games and grow. Is there anybody who is into this line of business or can link me some resources to check it out. I am basically interested in: -best location for having a gambling/betting site (in legal terms...like is there any place where you can start it without having a license or can get one later on) - legal issues (can i start a website like this without having a company and later on establsh one as soon as it start to convert) - payments (credit card processors and where it would be better to have a bank account opened) I don't want to do anything illegal but I am willing to walk in a gray area for the first couple of months to see how things goes. Thanks in advance for your help
Your best bet would be to get a professional lawyer who can handle all of the legal bits for you. You don't want to make a mistake and end up getting fined.
If you live in a jurisdiction where gambling is illegal or regulated, you fall under those laws, regardless of where the site is. If not, host the site in your country and it's legal. (That won't stop the United States from coming after you if they want to - US "unwritten law" is that if anyone anywhere violates US law, the US government should be allowed to stop them.)
where are you located? To have a legal betting website you must be offshore in Costa Rica, Panama, or various Caribbean islands who let it fly or to incorporate in Europe and get a license which is not a few hundred or thousands but millions. If you have a list of gamblers than please get back to me via PM please. I can also offer you other great advice and consulting.