An online casino license is a document that spells out the rules for the operation of a casino in one or more countries. Gambling establishments without a license are considered illegal, and their owners can be subject to serious sanctions.
Business licensing is a rather expensive procedure but the investment pays off: operators get an opportunity to conclude financial contracts with trusted banking institutions and buy software from the world’s leading suppliers. Another nuance is that experienced gamblers who prefer to play for high stakes are willing to risk their money only in reliable casinos.