Online gaming business costs a billion dollars today. It provides endless opportunities for business owners. For most of the business owners being part of this industry is exciting and profitable. However, it is not easy to start your own business in the casino industry. There are several steps you need to follow to establish your online casino business. Initially, you need to follow some paperwork to get permission about your work. Two boards are responsible for tracking license of online casinos. These boards are a gaming control board and state gaming position. If you want to start a business, then you need to fill the application form with the necessary information, including the purpose, scope, and size of your business. Of course there some tips for you to get online casino license quickly but generally you have to go through from specific steps to get the permit.
Launched in 2019, Spin Up online casino is the best casino without swedish license and reliable gambling destination. This unlicensed Swedish casino is available in several languages, Swedish included. It welcomes newbies with a massive 300% match up to €1,000 + 100 bonus spins. Spin Up Casino operates under the jurisdiction of Curacao. There will be no pure online casinos without a licensed casino on Swiss soil. Unless new casinos are built in Switzerland, a maximum of 21 online licences can be awarded. The main reason for this is that the Federal Council wants to ensure that taxes and social security contributions are paid as planned.
Two boards are responsible for tracking license of online casinos. These boards are a gaming control board and state gaming position. If you want to start a business, then you need to fill the application form with the necessary information, including the purpose, scope, and size of your business. Of course there some tips for you to get online casino license quickly but generally you have to go through from specific steps to get the permit.
Online Casino Business
The business is a profitable business, but if you are new in the industry, opening your own company could cost you higher than you imagine. The law on gambling and licenses are strict for the industry, but if you manage these successfully, you can make a tremendous amount of profit from the business. You can start an online casino business if you have a little bit of experience in internet marketing. If you want to start your own company successfully, you need to consider customer requirements and value customer satisfaction.
You can invest money on your business and get a successful result from it while keeping it in your mind. Keep in mind that, you online casino should adopt the latest technological advancements to provide better customer satisfaction. Additionally, games should offer perfect promotion and bonuses; they must be compatible with all the devices. Therefore be ready to invest a lot of money to your business, but also consider that you will get high profits and maximum return on investment at the end of the day.
The steps for you to get the online casino license
Initially, you need to decide what kind of online casino license you need to get. The permission can vary depending on what type of casino you want to establish. It could be land-based, online casino, or both. Generally, there are two kinds of licenses. First one is restricted, and the second one is a non-restricted license. Restricted permit means you can only set up a maximum of 15 gaming devices. Non-restricted consent means you can set up more than 15 gaming devices. Secondly, decide what forms you will need for a license and where you can obtain it.
You can download it directly from the website of a gaming commission, or you can get it from the state office. Then take time to fill the acquired forms carefully. Several required fields may vary according to your business. Note that non-restricted online casino licenses have more required fields than the restricted ones.
Security measurements
There could some additional forms as well as requiring additional data from you. Additional data could include personal history, financial state, information release requests, fingerprint, and other information about property deeds. For example, it could be proof of security measures if you want to establish an online casino. Security measurement is vital to ensure that user account data will be safe, and you will not share these data with anyone else. You should complete the required forms in person in one of the state commissions or control boards. Each state has its gaming control board and state commission. Make sure that you do not pass the deadlines because usually, paper works have strict deadlines.
The last step is about tax forming. Be sure that you have requested all the necessary text forms for licenses before applying. In most of the states, a business owner needs to pay tax because of the existence of the company. It includes a monthly report about gross profit, and tax report for slot machine vouchers, entertainment, a separate statement about the quarterly fees, and a comprehensive description about a fiscal year. You can learn the deadlines for each of the stories from the website of state commission or control board.
What features to pay attention while choosing an online casino?
Selecting an online casino may be challenging, and sometimes companies mislead you about themselves. In that step, you need to be careful because in case of misfortune you can face problems. There are casino companies that are not responsible for their job and could take your cash and run. Therefore, selecting a safe online casino is difficult for players. Online casinos help players do understand which casino provide better service.
They can detect it by identifying which casino offers a noteworthy reward, which one has better table stakes, Poker games, or VIP programs. Instead of seeing an advertisement about the company and decide, online casinos help them to distinguish better ones from other casinos. Online casinos usually are open to everyone. However, you need to pay attention to some points while picking your online casino. Firstly, pay attention which online casino has the most players.
People usually abandon not successful ones and go for the better casino options. Therefore, a casino that has more popularity among gambling players could be a better option for you as well. Secondly, pay attention to the bonuses policy of the online casino. Which casino offers better bonus policy? Pick the one that provides better special awards to its customers. And lastly, consider the safety of the online casino. There lots of security problems nowadays in the gambling industry. Therefore, try to choose the most secure one and ensure your ‘account’s safety.
Critical steps for starting Online Casino Business
Initially, you need to select one of the best companies to deliver you high-quality software solutions. Then decide which gambling content you will have. Getting an online casino license is also an essential part of the process. Another crucial element is securing your payment system. Your customers would not want to play games when they do not have security assurance from your company. Then create your online casino website and concentrate on promotions and marketing strategies.
Choosing a Reliable Software Provider
Choosing the best software product for your online casino is an essential part of starting your own business. There is a vast number of companies that offer hundreds of different games. Each contains different characteristics. Choosing the right software provider will decide on the future of your company. While choosing you are the company, you should pay attention to every detail about both the company and the game. Especially pat special attention to the customer service, the security level of the games, begin, color choices, graphics, sound effects, and certification.
Also, consider that technical support should be part of a deal between your company and the software provider. They will provide available customer service and value you feedbacks about their games. They should get in touch with you frequently and get your feedback about their software solution.
Selecting Gambling Content for Your Online Casino
How many customers you will get depends on the content of the games you provide to them. To get more customers, you need to consider different tastes and add more difference to the content of your games. You online casino should have a high variety of games, including poker, popular slots, bingo, baccarat, blackjack, and roulette. You should add real dealers and live video streaming to your business.
Secure Payment Policy
Online casino software targets both local and international customers, and they should provide secure transaction methodologies for their customers. Customers will check whether your payment system supports integration with e-payment systems. If not, they will deposit any money on your platform and withdraw their winnings. Make sure your online casino supports international payment methods; otherwise, you will lose international customers. To ensure your payment system security, you can sign an agreement with the online payment provider company. Additionally, today, online casinos switch to multicurrency support systems. It would be a better option for your business to do so by doing that you can attract more customers and make more profit.
Website Creation
Another attracting feature about your online casino is undoubtedly your web design. Having perfect design and providing better user experience will help you to increase your company’s reputation in the industry. Do not ignore this part because customers highly value websites that have different and visually good designs. Your website design should be attractive, and the customer should differ it from your ‘competitors’ website. Pay attention not using some graphical elements too much because it may slow down your website and also push the customer away.
You also need to consider front-end design and its integration with the database. Nowadays, most of the casino companies switch to HTML5 games. These games are easy to integrate and cross-platform. They offer comfortable and enjoyable user experience to the customers. Therefore, you can also consider getting games with HTML5 for your business.
Pay Special Attention to Marketing and Promotion Activities
After completing all the steps, you need to develop an effective marketing strategy for your online casino. It is essential to get more customers to your platform and increase your website traffic. To keep your customers loyal and get new ones to suggest a safe payment system that supports multicurrency, set up bonuses, engaging companies. Most of the online casinos focus on the online promotions of their website as a marketing strategy. It requires a considerable amount of fund from the business owner.
Therefore, most business owners spend most of their fund into the marketing plan. You need to consider the importance of marketing for earning money. Some online casinos work with marketing agencies to ensure the success of their promotion strategy. You can do both works with a marketing agency and provide your marketing department, but in both cases, make sure that you have a competitive and effective marketing plan.
With the help of the Internet, it is much easier today to promote your website. Most of the online casinos use search engine optimization, banner advertisements, bonuses, and affiliate marketing to increase their website traffic. Others collect user emails and use these emails as an advertising strategy. As you see, there are plenty of ways to promote your online casino. If you have investment and effective marketing strategy, it will not be challenging to build a successful website.
Cost of Opening Online Casino
How much you will need for opening an online casino can vary depending on your requirements. If you plan to open an online casino and do everything from scratch, then you will have a tremendous amount of investment. If you want the template solution, in that case, the price will be lower than the previous one. There are some factors you can consider while calculating the cost of your business. The different game packages from different software provider companies will be cost much higher than the single software provider.
Therefore, if you want to get a software solution for your online casino tries to get it as a package from an only company. Generally, you will need to divide the cost plan into two parts. First one is about pre-costs and the second one is about post-costs. Software solutions will approximately cost you 30-40 percent of your fund, licenses 10-20 percent, and marketing plan 30-40 percent. The first phase usually costs more money than in the second phase. After launching your online casino, you still will have costs, but they will be lower expenses for promotions and advertising. You will have other operational expenses as well, which includes salaries of workers (manager, bookkeeper, various experts), license expense, monthly and yearly royalty expenses to your clients. Spending these lower expenses will ensure your company to get more profit.
Online Casino License
As mentioned above, an online casino license is an essential part if you want to open a casino business. License process can differ according to your country. Each country has its own rules and law on gambling and online casinos. We can divide the states into several parts according to the law on gambling they have. Some countries restrict any gambling business, or some countries allow the creation of online casino websites. Some states even do not regulate their market, yet others govern their market and have a monopoly. The famous areas in gambling business are the United Kingdom, Malta, Gibraltar, etc. each has their law for license policy and duration and price of getting your license for the online casino may differ according to the area.
Online Casino Without License Plates
Licenses are essential because they give you access to the gambling industry. Without having the necessary permission, you cannot open your online casino no matter how much money you invest. It gives your customer the impression that what your company is doing is legal and helps you to increase your reputation. Licenses also are excellent indicators of transparency in the business and the safety of your games. On the other hand, you cannot open merchandise account of any of bank. Banks are cautious when it comes to their customers.
Therefore there is no way to open an online casino without having required online casino licenses. Online casino license requirements differ from country to country. But there is juristics that provides gambling licenses to online casinos. This juristics is from different areas of the world, and some of them include Malta, United Kingdom, Denmark, Costa Rica, Estonia, and others. Note that you cannot get a casino license if you do not meet the law on gambling chosen by juristics.
Requirements for Getting Online Casino License
Above mentioned juristics define a set of law on gambling for online casino owners to get the online casino license. These requirements consist of a broad range of activities including accounting, audit, operations, the conduct of people that engaged in the establishment of the company, from employees to the business owners.
If you meet the standards mentioned by juristics can provide you online casino license. There exist several standards for casino owner to fulfill. Firstly, you need to meet a specific measure of good character, honesty, and unity. Secondly, you need to demonstrate detailed information about the financial state of the company, its owners, and partners. They are also providing data about employees, their criminal, and employment status. The law on gambling ensures that some people who have financial problems, criminal enterprises, or lack of required experience cannot establish an online casino. Many control boards have allowed multi- juristical procedures to make sure that only qualified people could create an online casino business.
Sweden Changes Gambling Laws
In 2018, some new changes were made to existing laws in Sweden pertaining to online gambling. A new law allowed foreign operators to apply for a license to operate in Sweden, with the license issued by the Swedish Gambling Authority. The overall goal of the new law is to force out any casino without license that is currently operating in the country and to provide enhanced protection to players who are playing online.
The result of the new law saw many online casinos being awarded licenses to provide real money gambling services in Sweden. Any casino site that is licensed in the country will have to meet strict criteria to obtain and retain the license. With us you are guaranteed to get the best casino without Swedish license, so you can play safely your favorite games.
While the change brought about a rise in the availability of online casinos, players have noticed many changes that impact their gaming experience. There are two major changes that have affected how players gamble online and enjoy real money play.
- Removal of Bonus Offers – One thing that changed when foreign operators were allowed to operate is the way bonuses are offered. Prior to the latest law, an online casino could offer a welcome bonus and ongoing deals. Now, players are restricted to a single welcome bonus with no free spins or other promotions being made available after claiming the initial offer. The lack of bonuses alone has driven many players to play at an unlicensed casino where bonuses are unlimited and unrestricted.
- 3-Second Slot Rule – Another major issue with the Swedish Gambling Act is the imposed 3-second rule. This applies to play slot games, which are quite popular with almost every online gambler. With the latest Act, there is a three-second period in between spins. This has been implemented to prevent players from rushing to the next spin and to hopefully curb gambling problems. The rule was introduced by the Swedish State and the Gaming Inspectorate after the online gaming market was regulated in 2019. If you are a slots fan, this is obviously an inconvenience but is one you can avoid by playing at any casino without license.
These changes did impact one of the key features for the MGA license, bonus promotions, and online casino. Due to this change, more players looked the other way, and went for casino without Swedish license sites, here you will find the best ones for you.
2020 Regulatory Changes
Due to current Covid-19 issues that are affecting Sweden and countries all over the world, Sweden has seen a huge spike in the number of residents that are accessing online casinos. With online sportsbooks not available to the same extent as before, many are turning their attention to placing bets on casino games offered online.
In June 2020, the government of Sweden approved plans to make temporary restrictions for the regulated online casino market in the country. The goal is to prevent players from any harm from gambling during a pandemic. The new restrictions will be in place until the end of 2020 and will apply to all online casino games and slots.
With the latest changes, Swedish gamblers will have a mandatory weekly deposit limit in place. This will restrict them from depositing only SEK5,000 per week to an account and licensed operators are only allowed to offer bonuses up to SEK100. Players are also required to set time limits on how long they can play at any licensed operator in Sweden.
While these changes are steps taken to protect gamblers in Sweden, there have already been negative results. Players are looking for an unlicensed casino in the country where these restrictions are not in place. Online gamblers want the freedom to play as often as they like and to make deposits that suit their personal budget. Swedish operators are urging the government to drop the restrictions as they are already hurting the market and causing players to seek out an unlicensed casino to play real money games.
That is why we at casinodots want to guide you through some options that you could explore in the meantime and continue enjoying your gaming responsibly without going through the current restrictions.
Online Alternatives for Swedish and Nordic Gamblers
For those that wish to avoid the new regulations and deposit limits, there are some great options. Since Sweden has announced these temporary restrictions, casinos that are licensed by the UK Gambling Commission have also considered implementing similar restrictions at operating British casino sites. Many Swedish and German players have enjoyed access to UK licensed sites, so these will also be off the table until the end of the year for most players.
Luckily, there are still some options that are available. For those that wish to make higher weekly deposits and still want access to trusted games, cryptocurrency casinos are a great option. Bitcoin casinos are not affected by the latest regulation. Many of these sites operate with a license from Curacao, but there are also unlicensed casino sites that offer player protection, secure transactions, and trusted games. Aside from leading Bitcoin sites, you can find licensed casinos that accept Sweden and German players that are regulated in Malta and Curacao. While these do not follow Swedish gambling laws, they do provide a legal option for players. You can benefit from any of our licensed sites listed and will be able to enjoy a secure experience when playing for real money.
Benefits of Casinos without license
Unlicensed casino websites are a great solution for Swedish gamblers who are looking to play games with no restrictions. As a player, you do not just have to look for an unlicensed online casino, but can look for sites that are not regulated by the Swedish government, which will also allow you to avoid these new regulations. This means that sites licensed by the Government of Curacao or the Malta Gaming Authority would be great options just for you.
By choosing to play at any of our unlicensed casino sites or sites that are licensed under other licensing jurisdictions, there are some great benefits. For Swedish gamblers, bonuses and free spins are not an option at licensed sites in Sweden. Due to the gambling laws changed in 2019, bonuses were eliminated and operators were not allowed to offer such offers while operating under a Swedish license. However, with sites operating with a license from Curacao or Malta bonuses will be available once again! Enjoy free spins, reload bonuses, cashback offers, and more.
If players prefer to gamble using cryptocurrencies like Bitcoin, they will find there are many casinos that are not licensed but still offer enhanced protection on all transactions. These casinos are known to provide safe deposits and withdrawals and provide access to a huge array of games, from slots to blackjack and everything in between.
Many of our recommended Malta and Curacao licensed sites, offer secure access and BankID can be used to link your bank account to the casino account, avoiding the standard registration process, and many options to deposit.
As you can see, there are many benefits to playing at an unlicensed casino that still offer player protection, secure access, trusted banking options, and some of the best games online.
Risks of Unlicensed Casino
Before you jump in and create an account at casino without Swedish license, there are some risks to be aware of. You may not have the same options when it comes to dispute resolution and may find limited customer support options.
Casino License Cost
If you choose to play at a site that is licensed under the jurisdiction of Curacao, you will find that casinos are not tied down or restricted as much as those with licensed from other areas. Curacao licenses are generally easy to obtain and do not require routine audits or specific player protection policies. Real money gamblers will be required to pay a 30% tax on winnings when playing at any online casino that is licensed outside of Europe, including those that hold a license from Curacao. Taxes are required on any winnings that exceed SEK100. To avoid taxes, choose our sites licensed in Malta. Here, no taxes are due on winnings even though these sites do not operate with a Swedish license.
This list provides you with a quick reference point on the drawbacks of playing at casino without Swedish license sites. While these things are not always a problem, they are concerns to think about when making the choice to play at any site that is not regulated or licensed under a reputable jurisdiction.
- Limited player protection
- Transactions are not guaranteed secure
- Non-payment of winnings is a possibility
- Games are not audited by third-party companies
- Bonuses can have high wagering requirements
- Complaints cannot be filed with a regulatory body
- SEK may not be supported as a currency
Finding the Best Unlicensed Casino
If you are a Swedish or Nordic gambler that is looking to avoid the current restrictions and enjoy gambling freedom, you have come to the right place since we provide the option to play at casino without Swedish license sites. We provide a list of casinos that are not licensed in Sweden, but still offer all the games you enjoy and the protection you deserve. These sites will gladly accept players from Sweden, Norway and other Nordic countries.
Not only do we present options for casino without Swedish licenses, but you will also find many sites that are operating with a license from the MGA or Curacao. Whether you choose to play at a licensed site or one with no license you will find the same casino services and the same types of casino games to enjoy. Here, you can choose from a list of sites that have been tested by our experts and are deemed safe and secure. The difference between a Curacao Casino and MGA Casino license is not big, so you can choose your favorite casino on our list, and be sure that you will be having a great experience.
Here are the things we look at as we review any casino without Swedish license. These will all play a part in your gaming experience, so if you are considering any site that we do not have listed, make sure to think about these following things:
- Choose sites using trusted and reliable software providers
- Compare games by playing for free to learn about slot selections and table game offerings
- Watch for ongoing bonuses after the initial welcome deal
- Review the banking methods and make sure you can use a trusted option
- Check the supported currencies
- Review customer support options and watch for sites with 24-hour live chat
Unlicensed Casino FAQs
Here we will cover some of the most common doubts some players have related to playing in an unlicensed casino. If you are looking to get started playing at unlicensed casino sites, we offer this quick FAQ section that can provide you with answers to commonly asked questions. You can also reach out to use at Casinodot.com with your inquiries and we will help you make the right decision about playing at casinos with no license or sites that are licensed under other jurisdictions.