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If you are thinking of starting your own gambling business, the first thing you need to do is get a license. You will need to apply for a gambling license in your jurisdiction of choice, which will cost an application fee.
Types of Licenses You can Apply
There are different types of licenses that you can apply for. A full service gaming license allows you to offer all of the services associated with betting on games of chance, while a limited service gaming license only permits bets on horse racing or greyhound racing.
Getting Started with Your Operation
As soon as you have figured out which license you’re going to need, the next thing you must do is to initiate the acquisition of the said license. Depending on the licensing body you’ll be applying this for will determine the processes and requirements that you need to meet before obtaining the license.