What is a Casino License?
A casino license is a permit which allows a gambling company to operate legally, issued by the relevant authority for the state or nation where the business will be operating. Casino licenses are usually required for any land venue which offers gaming services, and a form of casino license is usually required to operate an online casino. Licensed operators must meet strict regulatory conditions, otherwise their license could be revoked.
Casino License Explained
If an individual or company wishes to establish a premises for commercial gambling, they are going to need a casino license. Casino licenses are permits, issued by the relevant gambling authority or national government, which allow an operator to run gaming services within the jurisdiction where the license was issued.
Licenses are conditional, meaning that the operator will need to cooperate with local and federal laws and submit to necessary taxation, as well as meeting any conditions set by the national regulator. Licenses can therefore be revoked if an operator does not comply with its conditions, and usually need to be reviewed and renewed periodically.
Casino licenses are usually associated with land based casinos, though other premises such as arcades, racetracks and even public houses may need a license if they offer commercial gaming. Premises with just one or two gambling machines do not usually need a casino license, but this varies depending on the regulating nation. Online casinos also need operating licenses. In some regions, different kinds of license are required – such as operating licenses, premises licenses and entertainment licenses.
‘Illegal gambling’ tends to mean gambling that is not covered by a license – for example, private card rooms in bars or online gambling sites that would not receive regulatory approval. Laws on unlicensed gambling vary between states and countries. Gaming commissions frequently check for unlicensed operators and take swift action to close down any services that do not have official permission.