In 2022, the global gambling market accounted for 80 bill. EUR, with a projected compound annual growth rate (CAGR) of 10.3% from 2023 to 2030. Undoubtedly, it continues to experience significant transformation and therefore presents entrepreneurs not only with extraordinary opportunities but also with potential risks. Therefore, it’s essential to seek support from experienced lawyers who can maximize your business success by helping you navigate relevant legal frameworks.
At RUE (Regulated United Europe), our team of international lawyers is well-prepared to be your trusted support in the steadily growing gambling industry. We offer comprehensive legal services tailored to the unique needs of your gambling business and can help you navigate European and international legislation. We believe in close collaboration with our clients, which allows us to build a deep understanding of your objectives and pave a path toward success.
One of our dedicated lawyers, with expertise in online gambling, will be delighted to evaluate your project in a timely manner and provide actionable insights. This assessment includes the analysis of your intended gambling activities, your target regions, payment processing strategies, company structure, and the ideal jurisdiction for establishing and licensing your gambling company.
Why Should You Prioritize Legal Services for Your Gambling Business?
Gambling legislation is generally complex and in recent years, gambling regulations have changed in various jurisdictions. It’s likely they will continue to evolve, which means that sound legal support is essential in building a viable, compliant, and steadily profitable gambling business.
Here are the key reasons why you should seek legal services when starting your gambling business:
- Ensuring compliance with complex national and international laws is essential to avoid costly fines, legal disputes, and potential shutdowns of your business
- Obtaining a gambling license is usually the first critical step in launching a legitimate gambling business, which requires thorough preparation of documents and internal processes
- Legal experts can identify and mitigate potential legal risks, protecting your business from unexpected legal liabilities
- Skilful compliance with regulatory requirements builds trust with customers and business partners, which allows your business to expand
- Protecting your brand, proprietary technology, and intellectual property is essential in the highly competitive gambling sector
- With increasing scrutiny on data protection and privacy, you must ensure that your gambling business has robust measures to protect user data
- In the event of legal disputes or conflicts, having experienced legal representation can be the difference between a costly legal battle and a swift, fair resolution
At RUE (Regulated United Europe), our experienced legal team has successfully solved many intricate challenges within the gambling industry. Our extensive experience positions us as the trusted source for robust and secure legal support. We maintain close collaborations with international partners to address any legal intricacies that may arise in European and international jurisdictions. The combination of our expertise and a network of collaborations allows us to offer you comprehensive legal support that safeguards your gambling business and enables you to focus on growth.
Legal Opinion for Your Gambling Business
A legal opinion, often referred to as legal counsel or legal advice, is a formal-written statement provided by a qualified lawyer who has a deep understanding of the relevant laws, regulations, and precedents applicable to the matter in question. It includes professional assessment, analysis, and interpretation of legal issues, questions, or concerns related to a specific situation.
Legal opinions are typically sought by gambling businesses when they require clarity on the legal implications of their actions, decisions, contracts, or disputes. You can request legal opinion for such matters as a gambling license, gambling company formation in a particular jurisdiction, or acquisition of a ready-made gambling company.
To draw a legal opinion for your particular business matter, our lawyers will thoroughly examine the facts, documents, and circumstances that you have shared. Then, they will apply their legal knowledge to assess the situation and provide an interpretation of how the law applies, including the provision of references to relevant laws or regulations. They will also make sure to include an evaluation of the potential legal risks and consequences associated with a specific course of action. Additionally, they will offer recommendations on the best course of action to achieve the desired outcome while minimizing legal risks.
To ensure a thorough and well-informed assessment of your legal issue, the following steps will be taken:
- Collecting and analysing all relevant documents and information
- Clearly defining the specific legal issues or questions that need to be addressed in the legal opinion
- Conducting comprehensive legal research of relevant laws, past practices, and provided documents
- Drafting the legal opinion with references to specific laws, regulations, and legal precedents in the gambling industry
- Stating the conclusions regarding the legal issue, including any potential legal consequences
- Providing answers to the questions posed and recommendations for executing the gambling project
Comprehensive Legal Support for Your Gambling Business
We offer comprehensive legal services for gambling projects and businesses, covering all stages of project execution or business launch and operations. We recommend involving an experienced lawyer early in the project or business formation to integrate them into your team and ensure thorough legal support throughout. In the initial phase, we offer guidance on jurisdiction selection, carefully evaluating the regulatory frameworks of potential locations to determine the most suitable and compliant environment for the launch and operations. We then can continue to support you through other stages of your newly launched gambling business.
From our dedicated team, you can expect the following legal services:
- Assistance with the application for a gambling license
- Drafting and reviewing contracts, including agreements with software providers, affiliates, and business partners
- Drafting foundational business documents such as incorporation paperwork
- Identifying and mitigating legal risks associated with your gambling business
- The development of the corporate structure and registration of your gambling company
- Advising on tax obligations and tax optimization
- Ensuring compliance with payment processing, AML/CFT legislation, and other local, national, and international regulations relevant to your gambling company
|Legal Services for Gambling Projects||from 1,500 EUR|
At the moment, the main services of our company are legal and compliance solutions for FinTech projects. Our offices are located in Tallinn, Vilnius, Prague, and Warsaw. The legal team can assist with legal analysis, project structuring, and legal regulation.