Online casino software providers
Online casino software providers are essential elements of the iGaming industry. These companies work on developing and powering games, platforms, and systems that help casinos to operate smoothly. On the market, there are many casino software providers, each with its strengths, features, and offers. Some of the biggest and longest tradition online casino providers are for example, Microgaming, NetEnt, letsgambleIT, and Playtech, among others. Choosing an online casino provider that suits your strategy best can make a big difference, ensuring your success in the industry. It can impact everything from the quality and variety of your games to the security and reliability of your provider support.
Online casino software price
The price of an online casino can vary widely depending on factors such as the features offered, casino licenses, quality of the software, and size of your customer base. Some providers may charge a flat fee for their software, while others may charge a percentage of the casino’s revenue or a combination of both. In most cases, you will pay the monthly or yearly subscription fee.
Registration of a legal entity
If you want to start a casino, you won’t be able to do it without a bank account. Not having one will also prevent you from getting a casino license and any legal software from an online casino provider. You will probably need to register in every country you want to operate as law most times requires it.
| Country | Cost of Registration | Time of Registration | Additional Information |
|---|---|---|---|
| UK | £12 (for a private company) or £40 (for a public company) + additional fees | 24 hours – 10 days | The UK Gambling Commission is one of the most reputable regulatory bodies in the world, which can enhance the reputation of online casinos. However, the UK has high taxes and stringent regulations that can be costly to comply with. |
| Malta | €245 (for a limited liability company) or €2,250 (for a public limited company) + additional fees | 2-4 weeks | Malta is a popular destination for online casinos due to its favorable tax regime, established regulatory framework, and reputation for quality. However, the cost of living in Malta can be relatively high, and the regulatory requirements can be demanding. |
| Isle of Man | £100 (for a small company) or £1,000 (for a large company) + additional fees | 5-10 working days | The Isle of Man offers a competitive tax regime and an established regulatory framework for online gambling. However, it has a relatively small population, which can limit the potential customer base. |
| Curacao | $2,000 – $3,000 + additional fees | 2-4 weeks | Curacao is a popular destination for online casinos due to its low tax rates, flexible licensing framework, and relatively low costs. However, it has a less established reputation compared to other jurisdictions and may not be as attractive to customers. |
| Antigua and Barbuda | $2,215 + additional fees | 2-3 months | Antigua and Barbuda offer low tax rates and a flexible licensing framework for online casinos. However, the regulatory framework can be less established, and there may be more risk involved compared to other jurisdictions. |
| Costa Rica | $1,950 + additional fees | 2-3 weeks | Costa Rica offers low tax rates and a relatively straightforward licensing process for online casinos. However, the regulatory framework is less established, and the lack of strict regulations can be a double-edged sword for online casinos. |
| USA (Nevada) | $425 + additional fees | 3-6 months | Nevada is one of the few states in the USA where online gambling is legal, and the state has a well-established regulatory framework for online casinos. However, the regulatory requirements can be stringent and the tax rates can be relatively high. |
| Gibraltar | £100+ additional fees | 2-6 weeks | Gibraltar offers a favorable tax regime and an established regulatory framework for online gambling. However, the regulatory requirements can be demanding, and the cost of living in Gibraltar can be relatively high. |
Please remember that the subject of this table can change at any time.
Cost of gambling licenses
| Country | Type of License | Cost of License | Duration of License | Key Requirements |
|---|---|---|---|---|
| UK | Remote Casino Operating License | £2,640 – £91,686 + additional fees | 5 years | Applicants must pass a rigorous suitability assessment and demonstrate compliance with strict regulatory requirements, including anti-money laundering (AML) and customer protection measures. |
| Malta | Gaming Service License | €2,330 + additional fees | 5 years | Applicants must demonstrate a clear and robust business plan, including evidence of financial stability and responsibility. They must also have a registered office and at least one resident director in Malta. |
| Isle of Man | Main OGRA License | £35,000 + additional fees | 5 years | Applicants must demonstrate a clear and robust business plan, including evidence of financial stability and responsibility. They must also have a registered office and at least one resident director on the Isle of Man. |
| Curacao | Master License | $34,500 + additional fees | 2 years | Applicants must demonstrate compliance with certain requirements, including the ability to maintain sufficient reserves to cover player balances, and the use of a certified Random Number Generator (RNG). However, you will negotiate your license with one of the master license holders in most cases. That’s why the prices can differ here a lot. |
| Antigua and Barbuda | Interactive Gaming License | $100,000 + additional fees | 1 year | Applicants must demonstrate a clear and robust business plan, including evidence of financial stability and responsibility. They must also have a registered office and at least one resident director in Antigua and Barbuda. |
| Costa Rica | No license is needed at all | $0 | There is no license in Costa Rica, but applicants must comply with certain general business regulations, such as tax and employment laws. Even those in possession of the “Data processing license“, are still not regulated. | |
| USA (Nevada) | Gaming License | $500,000 + additional fees | 2 years | Applicants must pass a rigorous suitability assessment and demonstrate compliance with strict regulatory requirements, including AML and customer protection measures. They must also have a registered office and at least one resident officer in Nevada. |
| Gibraltar | Remote Gambling License | £2,000 – £100,000 + additional fees | 5 years | Applicants must demonstrate a clear and robust business plan, including evidence of financial stability and responsibility. They must also have a registered office and at least one resident director in Gibraltar. |
Rember that licensing in many countries differs a lot and there are different options. In some cases, you will pay for the license only in the form of an annual fee, in some, you will also have to pay the registration fee. You should also be aware that this data can change at any time and it’s hard to follow it.
Cost of online casino software
| Software Component | Description | Price Range | Popular Providers |
|---|---|---|---|
| Game Platform | Software to manage platform resources, user accounts, and game settings | $10,000 – $500,000 + commission (15-60%) | Real Time Gaming, Playtech, Microgaming, Cryptologic |
| Game Content | Slots, games, and lotteries that can be launched at the request of the player | $200 – $5,000 per game + commission | Playson, Microgaming, NetEnt, Evolution Gaming, BetSoft |
| Payment Gateway | Software to process transactions between players and the casino | $20,000 per month for one gateway | PayPal, Click2Pay, Skrill, Neteller, Visa, |
This is of course just an example as the price may differ a lot, depending on many factors.
Types of casino software
Online casino software offered by various companies can be divided into several basic types:
- Downloadable software – most of the software you need to download to play at a given casino is compatible with the most popular computer operating systems, such as Windows. After downloading it you will have access to all the games and functions. You only have to log in and start playing in a casino.
- Instant-play software – has been taking over the online casino world for years. It allows you to play directly in your browser, so you don’t have to download the application to your computer. Remember that creating a gambling website is just the first step on the way to enter the gambling industry.
- Mobile Apps – this type of software specializes in operating on any type of mobile phone. Many casinos have a mobile version of their platform because people like to spend more money when they play on their phones rather than on a computer. Anyone with access to the internet can download the app from the app store or the casino’s website.
Live casino software solutions
Part of the solutions of online casino providers are called live casino solutions, but what does it mean? These solutions are concentrating on giving the users the best atmosphere of real casinos without leaving their homes. The real-casino world is waiting for all players on the Internet, so, there is no need to rush. Live dealer games are becoming increasingly popular among online casino players because they offer an immersive and realistic experience that’s as close to playing at a real casino as you can get. The games, like blackjack, roulette, baccarat, and poker, are streamed in real-time so you can watch and interact with a live dealer face to face
Software that is used in live casinos is created based on known human behavior. This means, for example, that tokens or cards can suggest their purpose or help navigate the interface itself. Live dealers are characterized by all the competencies that only add more to the authenticity of the environment. Such an atmosphere is very difficult to recreate in classic online games.
Live casino vs online casino software
When it comes to playing casino games, there are two main options to choose from: live casinos and online casino software. Live casinos give you the chance to experience the excitement of a real casino, complete with real dealers and other players. You get to watch the game unfold in real time, and you can even chat with the dealer and other players through a live chat feature. It’s a great choice if you’re looking for a social and immersive experience, but keep in mind that you’ll need a reliable internet connection and the hours of operation may be limited.
On the other hand, online casino software offers a more convenient and flexible option. You can play whenever you want, without worrying about the availability of live dealers. The downside is that you miss out on the social aspect of live casinos, and the games may not feel as realistic without the presence of real dealers.
So which option is better? It really comes down to personal preference. If you enjoy the social aspect of playing casino games, live casinos are the way to go. But if you just want to play at your own pace and convenience, the online casino software is the way to go.
Online casino platform vs white label casino solutions
When you get to build your own, you design and create a unique experience for your players. You get to decide on the color scheme all the way to layout, features, and functionality. It would be great if you could invest time and resources in the project. However, this can be quite an expensive and time-consuming adventure because you will need to hire a team of developers, designers, and other professionals.
White-label online casinos are less expensive and quicker to set up. Since it already has all features and functions pre-set, going live with your online casino is quick and easy. The flip side is that your online casino will have some similarities to many other casinos on the same white-label solution.
Again, which one works best for you comes down to your particular needs and ambitions. If you need something a little different and tailor-made for your players, then you may want to create your own platform. But if you are just starting out and want to get your online casino going with the least fuss and at the lowest cost, white-label’s the way to go.
Whichever route you decide to take, remember one thing: opening an online casino is a serious undertaking that requires serious planning, due attention to detail, and a sound business strategy. Do your homework; hence, choose the right solution for your requirements, and then you will be off flying into the exciting world of online gaming!
Best online casino software providers
- Microgaming – They are an online casino solutions provider based in the Isle of Man. They have been in the market since 1994, offering a very wide range of solutions. One of the most advanced betting systems is in their portfolio.
- Playtech – offers a wide range of products including casino games, sports betting, poker, bingo, and live dealer games. The company has been known for its cutting-edge technology, innovative products, and commitment to responsible gaming for more than 20 years.
- letsgambleIT – is an online casino provider that offers a variety of casino games, sports betting, and live dealer games. By building casinos from scratch with innovative solutions, letsgambleIT is widely known in the gambling industry.
- NetEnt – a software provider for the online gambling industry, offering a wide range of high-quality casino games. Known for its innovative approach to game development and exceptional graphics, NetEnt has become a leading player in the online gaming market.
