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View Full Version : HELP - question regarding online casinos


jenstone
11-13-2005, 05:17 AM
Hi all,
I was wondering if someone could help me answer this question regarding a casino online site.
If I operate the website out of Costa Rica, what kind of documentation would I need in order to make the opearation legal?
Do I need a gaming license? Or would an incorporation in Costa Rica be enough

thanks in advance for your input

Jen

u4t2t
11-14-2005, 06:17 AM
proper structures company is enough, but you can have troubles opening bank and merchant account without license

jenstone
11-14-2005, 07:01 AM
thanks u4t2t, is there a gaming license in Costa Rica? I thought that it was enough to incorporate there and run the gaming operation out of Costa Rica for the merchant account

u4t2t
11-14-2005, 01:33 PM
People usually go for business license something no different that you would apply to open a convenience store. The only difference is that the purpose of the license states that you’re allowed to perform electronic gaming. This help with problems about merchant accounts and bank accounts.