Is it Hard to Get a Formal License for a Slots Site?
The online slot game market,the iGaming scene is more crowded than ever,whilst this busybustling market does well to promote healthy competition between developersspark new innovations that could fundamentally change the iGaming scene, what this means for the little guy can be slightly less fortunate.
With the developing giants of online slot games butting headsforming huge empires in the iGaming world, smaller developers, or perhaps people that are interested in breaking into the world of online slots on the development side have a HUGE task on their handsBut how hard can it really be to secure a formal slot licenseget created? Let’s find out.
UK Gambling,Doing it by the Book
In the UK, there’s no way around the systemThe UK gambling jurisdiction is one of the tightestmost secure around the globeThis means that if you were thinking of cutting a few corners to set up quicklycheaply, you can think againIf you want to operate in the UK, everything has to be above boarddone the proper way.
The Remote Casino Operating License
If it’s play for fun slots you want to createbecome one of the big-name developers that everyone is talking about in iGaming, then you’re going to need a ‘Remote Casino Operating License’This is the qualification you need to be able to offer any casino games to customers via:
- Website
- Mobile Phone
- TV
- Any other Online service
Without the remote casino operating license, you’re not going anywhereThe licesnse will also allow you to offer other casino games such as:
- Blackjack
- Poker
- Roulette
- And of course, online video slots.
The Remote Casino Operating License
Some games provide their online facilities for mobile gaming by making their particular games available to other customers through different operatorsThis means that instead of supplying the game directly to the customerThey give it to another host to provide it to their customers insteadFor this you need the separate license.
What will I Have to Provide?
In order to obtain a formal license for online slot sites, you will have to provide a wealth of information to the UK gambling jurisdictionThis includes (but is not limited to):
- Complete process of applicationadministration.
- A complete business plan with different pathsstrategies for particular situations.
- System documentation for your online video slot game’s software.
- Financial prognosis with a wealth of information on predicted incomeexpenditure.
To answer the question of this article, YESIt is unfortunately very difficult to get your hands on a formal license with which you can create online slot gamesBut if you are an innovative mind, with a point to prove, then the documentation should not stop you on your endeavorsThe market is currently full of developers that have made the same leap that you are interested in, so think twice, be carefulyou’ll be on your way.
