Besides, a gambling license often comes with reduced tax rate and other benefits. That is because one has to make a contract with gambling software provider for that, which cannot be done without a license.
Its absence challenges the successful work of an online platform, due to the fact that the operator is unable to open a bank account or even put any games on their site. In order to legally provide gaming services associated with sports betting, lotto, poker and bingo, an online casino owner must obtain a license.