This article from our legal experts helps you understand what the requirements are and how to meet them. We provide a step-by-step guide with useful details and give advice on how to send an application first-time-right.
Highlights:
- If you are interested in a quick and easy process, pay attention to Cyprus or Costa Rica gambling authorities.
- Some authorities are required to have business registration in their territory.
- The price of the Bitcoin-only license wouldn’t be smaller, so it might be beneficial for the business to consider the option of adding altcoins and fiat payments along with Bitcoin.
- The advantages of having a crypto gambling license are credibility, more partners, wider geography, and financial perks.
Crypto Casino License Requirements
The requirements that should be met to receive a license vary heavily depending on the selected jurisdiction. While some authorities might request over 10 different documents and conduct a serious check-up before issuing a license, others keep the list of requirements short. Still, there are several requirements that are common for all the jurisdictions, namely:
Comprehensive business plan and information about the company.
Reliable privacy and customer protection policies that are compliant with gambling requirements.
Information about the company’s financial structure, employees, and partners.
AML-CFT and KYC policies in place.
How to Get a Crypto Gambling License
While the process of getting a crypto casino license is quite similar to the traditional certification of a casino with fiat currencies provided, it is still slightly easier to obtain it. What is essential is to ensure that all the steps are done correctly. To give you a clear picture of what you can expect, we have provided a short step-by-step guide.
Choosing the Country & Location
Step 1
Crypto casino license registration begins with choosing a jurisdiction that suits your business the most. Consider whether you are able to pass scrupulous checks on the administrative and financial sides of your company. If yes, try to obtain a permit from more demanding jurisdictions (like the UKGC or MGA). High
Selecting License Type
Step 2
Then, decide on the type of the license. Do so by considering the purpose of your company. Pay attention if the selected jurisdiction requires separate crypto gambling licenses for slots, live dealer entertainment, and sportsbook.
Crypto Business Registration
Step 3
It is essential to decide on the licensing jurisdiction first, and only after that register your business. Why? Some authorities have a requirement of having business registration on their territory. If you plan to apply for a gambling license in such a jurisdiction (or any others as well), get acquainted with all the requirements. Once you review all the available information, you will be able to select the safest location for a Bitcoin gambling license. Only after that should you set up your company.
Collection and Preparation of All the Documents
Step 4
Once your business is registered, it is time to collect all the documents that might be necessary for a license application. Again, the exact requirements might vary slightly. However, we have included a comprehensive list that includes all the documents that might be requested by a certifying authority in this article for you to have a clear picture of what might be requested.
Application for a Gaming License
Step 5
When all the documents are ready, you can fill out an application form and attach all the required documents. Given that your request might be rejected because of errors in the application form, it is better to inquire for legal help at this stage as well. Ensure that the selected company has enough expertise in this matter.
Obtaining a Crypto License
Step 6
This is the step that does not require much action from you. Once your application is submitted, you just need to wait for the licensor to issue a license. If your application was attended by professionals, you do not have any reason to be concerned with the final decision.
List of All Required Documents
Step 7
In order to get a gambling license, you need to send certain documents along with your application. The exact list depends on the selected jurisdiction. We have provided all the possible documents and grouped them by categories for convenience below.
Company-related:
- Certificate of Incorporation: It shows that you are the owner of the registered business.
- Articles of Association/Bylaws: Additional documents that provide information on the company structure.
- Business Plan: It should contain information about your business model, target markets, plans, etc.
- Shareholder Register: It shows stakeholders and their share in the company.
- Police Clearance Certificates: Their purpose is to show that key personnel have a clear criminal record.
- Proof of Address: It shows the physical address of the company.
- Bank Statements: It demonstrates the financial stability of the company.
- Audited Financial Reports: This verifies your business credibility.
Applicant’s Personal Documents:
- Personal Identification Documents .
- Curriculum Vitae (CV).
Casino-Related Policies and Certificates:
- AML/CFT Policies.
- KYC Procedures.
- Terms and Conditions/Privacy Policy.
- Responsible Gambling Policies.
- Software Certificates.
- System Architecture Overview.
- RNG Certification.
Are the Requirements & Process Relevant for Bitcoin-Only Casinos?
Certainly, yes. Bitcoin is the most popular cryptocurrency, and all the procedures related to getting a Bitcoin gambling casino license to run a betting business are the same as for any altcoin. Therefore, you can follow this guide if you plan to open an operator that accepts payments only in Bitcoin. However, the price of the license wouldn’t be smaller, so it might be beneficial for the business to consider adding altcoins and fiat payments along with Bitcoin.
Most Popular Cryptocurrencies in 2025
If you consider having altcoins along with Bitcoin, you might consider adding the following cryptocurrencies (or at least some of those that are currently in the top 5):
- Ethereum: There are many Ethereum holders among crypto gamblers, so it might be reasonable to include this altcoin in the list of accepted cryptocurrencies on your website.
- Tether: This is a stablecoin mostly used for trading, and players can easily buy it on any exchange. Given its low volatility, many prefer having their money in this cryptocurrency. Gambling in Tether gives a sense of stability to players.
- Litecoin: Even though transactions in Litecoin are processed slower than in some other altcoins, many casino customers use it because of low fees for transactions.
- Dogecoin: created as a meme at first, this cryptocurrency is currently among top altcoins, and many customers use it. It is relatively stable, so customers might prefer it over other more volatility tokens.
- Solana: This cryptocurrency has its highs and lows, but it is worth adding it to the list of payments, as it has its own network. The number of its holders is quite high, so it will be often used for transactions.
The good news is that all those currencies can be integrated into the platform if you have obtained a Bitcoin gambling license. Thus, you do not have to submit any additional applications.
Advantages of Having License for Crypto Gambling
Some of the clear benefits you receive, if you decide to obtain a crypto gambling license for your online operator, are listed below.
If you do not have a license or it is expired, you should be ready that the casino will be banned, as it is illegal to provide gambling services without proper licensing. To avoid this, ensure timely license application.
Who Needs a Crypto Gambling License?
Any gambling business that is related to crypto operations will need to obtain a crypto gambling license. First of all, those are casinos and sportsbooks that offer their customers a possibility to make deposits and withdrawals in Bitcoin or altcoins. Such gambling destinations are required to obtain a license. Gambling platforms that provide lotteries should also consider obtaining a license.
How Legal Pilot Can Help With Obtaining a Crypto Gambling License
Legal Pilot is a law firm that specializes in gambling licenses and helps customers in all stages, from document collection to license issuance. The team of experts behind this company knows the laws of each market perfectly, helps customers obtain gambling permits, and provides support on any controversial matters. Referring to Legal Pilot is your guarantee that the application is filed correctly, and it is just a matter of time before it will be approved. Our team of experts revises everything diligently and speeds up the whole process.
FAQ
A crypto gambling license is a permit that allows casinos to provide gambling services that are related to transactions in cryptocurrencies.
This is a website that offers a classic dice game where bets can be made with cryptocurrencies. Such games are easy to play and boast a provably fair nature.
It depends on the jurisdiction and type of the license. Still, be ready to pay at least $20,000.
