iGaming Corporate Services Provider
Online Gaming Licensing & Consultancy
The online gambling sector is experiencing phenomenal growth. The market has become innovative and highly diverse by incorporating emerging technologies to keep up with players' demands. As corporate service providers, we responded by developing a comprehensive online gaming licensing consultancy. Our portfolio includes services tailored to the needs of both entrepreneurs and established companies.
Our team can get you set up in all the leading gambling jurisdictions, including Kahnawake, Curacao, Malta, and the Isle of Man. If you aren’t sure where to base your gaming company, all you have to do is ask. Our decades of experience means we can suggest the right solution and package for you.
We can offer the entire portfolio of services to get you up and running. This includes incorporation in an offshore jurisdiction, payments, getting licensed, and remaining compliant. But for those who are established or have specific requirements, we also offer custom packages designed especially for you. Fast Offshore gives you the freedom to choose what services you want, depending on your particular needs.
We are also experienced with cryptocurrency gambling, blockchain gambling, and other emerging technologies, as well as eSports and fantasy sports, two niches that many providers have yet to grips with.
Online Gaming Payments and Accounts
As you may know, online gambling is considered a ‘high-risk’ industry by banks and payment processors. This means you might find it difficult to open a settlement or merchant account. But all is not lost! Through following carefully processes, remaining compliant, and applying to the right institutions, you should have no problems.
If you’re new to the sector, knowing where to start can be challenging. But don’t worry, Fast Offshore will guide you. We can help you apply for an offshore account that accepts gaming clients. Typically, these require an introduction from a reputable intermediary, which we can help with. Then you will need to consider card processing, digital wallets, and even cryptocurrencies.
Fast Offshore will be happy to assist you in this process. We can guide and assist with the paperwork. We can even help you stay on top of compliance matters once your business is up and running.
Before you consider licensing and payments, you need to incorporate a company. This should be in a jurisdiction where gambling is legal, where you can get a gambling license, but that is also favourable for your business. When picking the right jurisdiction, you need to consider incorporation costs and timeframes, taxation, compliance, and ongoing maintenance.
Avoid costly mistakes and partner with Fast Offshore. We will provide several options and help you make the best decision based on your specific business needs. Then we will collate all documents and take care of the incorporation process. We can even provide directors and other officials if requested. Once the company is open, we can help with periodic obligations such as reporting and statements to let you focus on running your online gambling business!
Regulatory and Compliance
Even in hands-off jurisdictions, gambling is a highly regulated sector. This means you must comply with a range of requirements and obligations. These start from the moment you file your application and continue for the length of your operations. Compliance matters include fairness (random number generators), client onboarding, AML/CFT policy drafting and implementation, enforcement, monitoring, and liaising with authorities. You may also be required to conduct audits and evaluations, as well as keep all paperwork up to date.
Compliance is an unavoidable part of working in a regulated sector. Failure to be compliant could see you lose your business, reputation, and even freedom. It never pays to try and circumvent the system, so we advise you to stick to all compliance regulations that apply in your jurisdiction. Thankfully, Fast Offshore can also help you. We can take care of all paperwork, keep things updated, and speak with authorities on your behalf.
Crypto and Blockchain Services
Cryptocurrency is one of the most exciting new technologies of the last twenty years. It’s revolutionized the way we look at money and transactions. It also came at the perfect time, as our lives were becoming more digitized. Today, cryptocurrency is used by millions of people worldwide, a number that increases every day. It’s also popular with those wanting to gamble online. They are more confident to use a digital currency that offers more security, lower transaction fees, and quicker clearance times.
For the online gambling sector, integration of crypto payments is a must. It grants access to more demographics of players while giving you a competitive edge. If you want to integrate crypto into your gambling platform or set up a crypto gambling site, Fast Offshore can help. From getting the paperwork to liaising with providers, we can guide you.
In terms of blockchain, we are also familiar with and experienced. This means we can help you incorporate blockchain into your operations or set up a gambling company that uses blockchain technology. In whichever way these technologies overlap with the iGaming sector, Fast Offshore should be your first port of call.