A reliable online casino business starts with obtaining an online gambling license. It allows running a casino legally and proves the provider’s trustworthy behavior and commitment to a fair gaming policy. A license is also an indicator of transparency in business operations and security of the gaming software offered to customers.
It is impossible to set up a merchant account in a bank without a proper gambling license. Banks are very careful about their business partners and are always willing to cooperate with a company acknowledged by a regulatory body in a certain jurisdiction.
There are many jurisdictions all over the world that issue gambling licenses to online casinos. The most reputable and popular ones are the UK and the Caribbean and Pacific Islands, as well as in St Kitts, Dominica, Curacao, Antigua and Barbuda and Vanuatu. Online gambling licenses are issued only after the online casino business meets the requirements of the chosen jurisdiction.