Obtaining an online gambling license in Costa Rica is a very important step for consistent online casino business. It will help you to avoid problems with the law and create trustworthy relationships with the players. With its tolerant style of government, Costa Rica has a relaxed attitude towards online gambling operators within the region, although it is illegal for those who live in Costa Rica to gamble online. Not only is it illegal for residents to gamble online so online roulette games poker games, slots, and any other popular online casino games are. The Costa Rica online casino license grants a lot of privileges to owners of gambling establishments, as this country guarantees economic reliability and complete freedom of action. The advantages of buying a casino license in Costa Rica: stable political and economic situations in the country. Costa Rica and Panama also are known to license online casinos. Which authority handles regulation in the European Union: the EU council or individual countries? Though the EU Commission wants member countries of the European Union to comply with a single set of international gambling laws, members of the EU have their own regulators.
Costa Rica is one of the most popular gaming jurisdictions across the globe. There are above 300 gambling websites registered in the nation. They are among the world leaders and considered to be the hub of internet gambling.
Download Free Gaming Law Guide
With more direct experience in legal online gaming companies than any other firm in Costa Rica and Central America, GLC Costa Rica Gaming Law Attorneys is a regional Gaming Law authority based in Costa Rica. Directed by Online Gaming Law expert attorney at law Augusto Arce, our firm has more than 14 years of experience in offshore gaming legal structures and companies operated from Costa Rica.
The creation of Costa Rica gambling corporations through a gambling license is one big part of our expertise regarding Costa Rica gambling law. Knowing the Costa Rica gambling industry and the requirements for a company to get established in the Costa Rica online gambling environment is our specialty. Most of the gambling sites and gambling companies are located in Costa Rica, and most have looked us as a guide to setup online gambling licensed services.
We know every aspect of the Costa Rica online gambling law and the online gambling legal requirements to get a gambling license. It does not matter if you want to setup one gambling site or several gambling sites, GLC Costa Rica Gaming Law Attorneys provide guidance for a Costa Rica online gambling operation under the Costa Rica gambling law structure.
Gaming companies in Costa Rica
For many years GLC Costa Rica Gaming Law Attorneys have adviced hundreds of entrepreneurs of small, medium and large online gaming companies in all the related aspects required to install a legal gaming operation as an offshore platform in Costa Rica. Because of the special nature of the gambling industry GLC Costa Rica Gaming Law Attorneys analyzes every specific request individually. Clients from around the world are interested in setting up a lucrative Costa Rica online gambling operations, however based in our experience with individuals and companies from around the world we believe in a serious analysis of the best way to provide a legal structure to the gaming enterprise.
GLC Costa Rica Gaming Law Attorneys Managing Partner Mr. Arce is the author of 'The Legality of International Gaming in Costa Rican Law' of 1999 and his opinion on the ever growing industry of online gaming has been featured in all the main newspapers of Costa Rica, specifically La Nacion, The Tico Times, El Financiero and Al Dia, besides that we have provided legal counsel to some of the largest online gaming operations in the country and the world.
Mr. Arce's experience in the Costa Rica online gambling industry and of the online gambling law, led him to create also a reference guide to setup online gambling license in Costa Rica. Costa Rica gaming companies, under the costa rica gaming license structure, more than surely have required of Mr. Arce's services to get an online gambling license.
Gambling in Costa Rica is permitted under the Costa Rica gaming law, so online gambling legality is not at question when planning to establish an internet online gambling operation. Costa Rica gambling law allows companies to have a gambling license and gambling sites under current online gambling laws.
So if you are planning to setup online gambling in costa rica as a company or individual, let us explain how gambling online from Costa Rica can be done. GLC Costa Rica Gaming Law Attorneys are the gaming law experts in costa rica, as our legal online gambling expertise shows.
The following are the basic services that we can provide to the online gaming entrepreneur:
- Online Gaming Report: A customized legal analysis of the implications of installing an offshore gaming company. You will need to give us at least the following information: Nationality of beneficiaries, Location of Servers, Types of Games offered, Target Market, Size of Operation and other important details.
- Gaming Companies: GLC Costa Rica Gaming Law Attorneys provide Costa Rican Gaming Companies with an authorization in their articles of Incorporation which allows online gaming activities and online entertainment.
- Gambling License: Costa Rica offers the ideal online gambling license for start ups, some of the largest online gaming companies of the world started in Costa Rica. The gambling license offered in Costa Rica is known as a data processing license and is actually an equivalent to a gambling license per se that has a comparatively low cost if compared to other licenses available in Panama, Antigua, Phillipines or the EU.
- Offshore Banking: A very delicate matter requires special attention to detail and will be created based on the special requirements of each specific business group.
GLC Costa Rica Gaming Law Attorneys strongly suggest you to contact our Gaming Legal team before you embark in your gambling operation as it is not recommended to incorporate a gaming company, obtain a gambling license or open bank accounts from firms who merely act as intermediaries or incorporation agents.
Costa Rica Gambling License Steps
Please look at the following basic step by step procedure to obtain a Gambling License aka Data Processing License:
Installing an online casino or gambling operation step by step procedure using an offshore company:
Step 1: Request an Online Legal Gaming Report to fully understand the details and implications involved in operating an online gambling operation.
-Give us a nationality of the beneficiaries
-Location of servers
-Target Market
-Type of Games offered
- Other important aspects
Step 2: Incorporate a Costa Rica Gaming Company or Purchase a Ready-Made Costa Rica Gaming Company
-Give us personal details of legal representatives and beneficiaries of the corporation.
-Proceed with the incorporation
Step 3: Incorporate an Offshore Corporation for Offshore Banking
-Give us personal details of legal representatives and beneficiaries of the corporation.
-Proceed with the incorporation
Step 4: Opening offshore Bank Accounts
Costa Rica Online Casino License Plate
Step 5: Apply for Gambling License via the Costa Rica Gaming Company
-Select the ideal location in Costa Rica with our advice.
-Obtain necessary permits thru GLC Costa Rica Gaming Law Attorneys
-Obtain Gambling License
Step 6: Get introduced by GLC Costa Rica Gaming Law Attorneys to payment processing companies
Costa Rica Online Casino License Search
Step 7: Go Live!