Any country that values legitimacy and ethical conduct in every industry has to regulate its major operations. The common method used is licensing as it allows the government to iron out illegal operators and also promote transparency.
That’s the case with Poland’s gambling industry. It’s regulated by the government, just like other businesses. Companies that want to venture into Gambling in Poland must adhere to the Polish gambling laws first. One of them includes obtaining an online casino license that warrants them to carry out their operations legally.
An online gambling license is a critical tool for anyone willing to venture into Poland’s online gambling market. Read on to understand how our expert Jacek Michalski, click here, clarifies the importance of an online casino license in Poland and how to acquire it.
What does the Polish law state about Gambling
Poland is among the countries in Europe with strict gambling regulations that have severe penalties for violators. The laws apply to both land-based casinos and online casinos. There have been frequent changes in how Poland Gambling should be undertaken, with the latest being in 2017.
International gambling companies were operating under uncertainties until 2017 when new gambling legislation was put in place. The changes made it possible for them to apply for new sports betting licenses.
The best aspect of the new rules is that they provided room for the creation of additional slots. However, that right was only subject to Totalizator Sportowy. Alongside the changes, much also happened regarding the hunt for illegal sites. Sites found operating illegally have been denied access to the vital websites.
Importance of online casino license in Poland
You can wonder why it is important to have a gambling license, yet you are operating online. However, you may not realize the importance if you are viewing it from that perspective.
You must understand the other vast benefits you will derive from operating a licensed online casino in Poland apart from building trust with players who play in a casino online. Go through this section keenly to grasp why it’s important to have one.
Allows you to sue others
As a business owner, you will face many obstacles that will threaten your business progress. The gambling industry faces many challenges from its competitors mostly. Some of those will violate your rights hence tarnishing your reputation.
When you have an online gambling license, you will have the right to sue such parties. You can only sue another legitimate company if your business is also legitimate. It’s the licensed gambling that will show that your business is legit. But if you file a claim, yet your business is illegal, you might risk facing the wrath of the law as well.
Access to key websites and platforms
Having an online gambling license guarantees you access to key service providers. That’s why Poland Government, through relevant authorities, has been cracking down on illegal gambling companies.
The license allows you to purchase essential features and even negotiate with developers to make your website better. For instance, you can integrate digital payment methods only if you are licensed to run the gambling operations.
Before any player deposits their cash into any site, they will first check that site’s legality. They do that by checking on the licensing badge on the site or licensing statement. After ascertaining that it’s legit, they can proceed with the transaction. That’s because the license makes them build trust with the sites.
How to get a gambling license in Poland
After understanding the worth of a gambling license to your business, you will also want to acquire one. But you must know how to get a gambling license. Below is a highlight.
Through professional assistance
The complicated procedures in acquiring a gambling license can be tiresome to those seeking it. As a result, the gambling authority issuing the license can assist them by giving them a professional to help them.
Secondly, you can present the required documents to the relevant authorities for verification. You will provide documents such as financial statements to such authorities. Such documents will assure them that you have the financial ability to run your operations.
The above is a highlight of how you can acquire a gambling license in Poland. Implement them if you need one for your company.