Jersey Gambling License
New Jersey is currently the largest market for regulated online gambling in the US. Over a dozen legal and licensed online casino sites and poker rooms compete for an overall market that is worth more than $225 million a year. Read more on New Jersey Online Gambling. The cost of a New Jersey Gaming/Gambling License depends on a company's industry, geographic service regions and possibly other factors. At LicenseSuite, we offer affordable New Jersey gaming/gambling license compliance solutions that include a comprehensive overview of your licensing requirements.
- Small jurisdiction
- Reputable
- 5 categories of licensing
- Started licensing in 2011
- Strong player protection
Jersey is one of three British Crown dependencies situated in the English Channel and playing an important role in the gambling industry. Resulting from not belonging to the UK, Jersey developed its own gambling legislation.
In fact, Jersey was the last Channel Island to legalise online gambling. It happened in 2011, but the first licence was issued in 2015.
Gaming legislation
Get an Online Gaming License. To be considered for a sports betting license in New Jersey, you must first have a domestic entity. Even if your business is based outside of New Jersey, it must have a subsidiary, intermediary, or holding company inside the state. This entity must then be qualified through three separate phases of vetting.
The body responsible for all gambling on the island is the Jersey Gambling Commission. Owing to its work, gambling entrepreneurs are now able to conduct legal and reliable businesses and players can be sure they are protected from unfair providers. In case a company does not meet Jersey’s strict requirements, it gets prohibited to operate under its jurisdiction.
Fair operators can enjoy the following categories of licences: hosting, platform, software designer, testing house and operator licences.
Gambling experts also stressed two major contrasting factors dealing with licensing in Jersey: low taxes yet high costs of operation.
New Jersey Online Gambling License
Operators must keep in mind that licensing in Jersey also means low taxes and high costs of services.
New Jersey Sports Betting License
New Jersey Gambling License
In general, the jurisdiction is reputable, although it is only at the beginning of issuing gaming licenses.