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# Licensing &amp; Market Access across all jurisdictions — Gambling Regulatory Intelligence · Advennt

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[Skip to content](#app)

# Licensing & Market Access

Licence types, issuing authorities, market-entry pathways, eligibility and scope conditions.

Flags

429

Jurisdictions

128

Read order

Theme-major

29 further jurisdictions with flags in this theme are in expert review and not shown until published.

## Cross-jurisdiction posture cluster

429 flags across 128 jurisdictions. Posture mass: Rules 265 · Risks 57 · Reality 107.

[🇫🇷 France 7 ⚠](/jurisdictions/france/)[Arizona — State 10 ⚠](/jurisdictions/arizona/)[Nevada — State 9 ⚠](/jurisdictions/nevada/)[🇦🇺 Australia 5 ⚠](/jurisdictions/australia/)[🇮🇸 Iceland 9 ⚠](/jurisdictions/iceland/)[🇹🇼 Taiwan 7 ⚠](/jurisdictions/taiwan/)

## Worked examples

Each links back to the full jurisdiction page — the theme view is a projection of those country ledgers.

[🇫🇷 France →](/jurisdictions/france/) Offering online casino to FR players

Entirely prohibited; criminal exposure up to 3 years + EUR 90,000.

7 licensing & market access flags on this jurisdiction · see full country page

[Arizona — State →](/jurisdictions/arizona/) Operating online without a tribal or sports-franchise tether

No standalone licence exists; unlicensed operation is unlawful.

10 licensing & market access flags on this jurisdiction · see full country page

[Nevada — State →](/jurisdictions/nevada/) Offering online casino games beyond poker

Online slots/table games are prohibited in Nevada.

9 licensing & market access flags on this jurisdiction · see full country page

## Rules · Risks · Reality across the cohort

Lens · which facet of each jurisdiction’s flags:

All Rules Risks Reality

Showing all facets.

[Alabama](/jurisdictions/alabama/) Critical

No licensing pathway exists for any commercial gambling vertical

Any operator entering Alabama without a constitutional amendment faces criminal exposure under Ala. Code §13A-12-22 (promoting gambling).

[Alaska](/jurisdictions/alaska/) Critical

Marketing a real-money sports-wagering product to Alaska residents

No licence class exists; product would be operating without any lawful basis under Alaska law

[Alberta — Canada (province)](/jurisdictions/alberta/) Critical

Operating before AiGC go-live

AGLC registration alone does not authorise gaming; real-money play before go-live is unlawful.

[Alberta — Canada (province)](/jurisdictions/alberta/) Critical

Accepting deposits/bets during registration phase

Advertising is permitted pre-launch but deposits and wagers are prohibited until registration and launch.

[🇩🇿 Algeria](/jurisdictions/algeria/) Critical

No private licensing pathway exists

There is no lawful route to operate; entry equals black-market activity.

[🇩🇿 Algeria](/jurisdictions/algeria/) Critical

No foreign licence offers protection

Curaçao/other licences confer no legal cover for Algeria.

[🇦🇷 Argentina](/jurisdictions/argentina/) Critical

Operating online without a province-specific licence

Section 301 bis criminalises unauthorised gambling.

[Arizona — State](/jurisdictions/arizona/) Critical

Operating online without a tribal or sports-franchise tether

No standalone licence exists; unlicensed operation is unlawful.

[Arizona — State](/jurisdictions/arizona/) Critical

iGaming offered

Online casino is prohibited in Arizona.

[Arizona — State](/jurisdictions/arizona/) Critical

Online poker offered

Not legalised in Arizona.

[Arkansas](/jurisdictions/arkansas/) Critical

Offering online casino games (slots/table games) to Arkansas residents

iGaming remains fully illegal statewide; operators risk felony-level unlicensed-gambling exposure under Ark. Code 5-66-103.

[🇦🇺 Australia](/jurisdictions/australia/) Critical

Offering online casino to AU customers

Prohibited under IGA; ISP blocking and offence exposure.

[🇦🇺 Australia](/jurisdictions/australia/) Critical

Offering online poker to AU customers

Prohibited under IGA.

[🇦🇺 Australia](/jurisdictions/australia/) Critical

In-play online sports betting

Prohibited under IGA.

[🇦🇹 Austria](/jurisdictions/austria/) Critical

No federal online casino concession available to private operators

Closed monopoly blocks compliant B2C entry entirely.

[🇧🇩 Bangladesh](/jurisdictions/bangladesh/) Critical

No private gambling licence of any kind exists

Entry is legally impossible; any operation is criminal.

[🇧🇪 Belgium](/jurisdictions/belgium/) Critical

No pure-play online entry path

Online licence requires a land-based anchor; entry only via acquisition.

[🇧🇿 Belize](/jurisdictions/belize/) Critical

Government notice (9 Jun 2025) states no online gaming companies are currently licensed and any claim of a Belize online licence is illegal.

Any counterparty or operator asserting an existing &#x27;Belize online gaming licence&#x27; should be treated as unlicensed/non-compliant.

[British Columbia — Canada (province)](/jurisdictions/british-columbia/) Critical

Seeking a private B2C online gambling licence in BC

No private licence class exists; all private online provision is unlawful.

[🇧🇬 Bulgaria](/jurisdictions/bulgaria/) Critical

Operating without NRA licence

ISP/payment blocking and criminal exposure.

[🇺🇸 California](/jurisdictions/california/) Critical

Any claim of a licensed online casino or sportsbook in California

CGCC has explicitly confirmed no such licence has ever been issued and warns such claims are frequently fraudulent.

[🇰🇭 Cambodia](/jurisdictions/cambodia/) Critical

Operating online gambling targeting any market from Cambodia

Online gambling banned since 2020; no online licence exists.

[🇰🇭 Cambodia](/jurisdictions/cambodia/) Critical

Stand-alone online-only ambitions

Stand-alone online-only licences are not issued.

[Canada — Ontario](/jurisdictions/ontario/) Critical

Operating without AGCO registration + iGO agreement

Dual onboarding mandatory; offshore operation draws cease-and-desist.

[🇨🇳 China (Mainland)](/jurisdictions/china/) Critical

Assuming any private licence pathway exists

No private framework; Art. 303 criminalises private gambling

SRC-CN-001

[Colorado — State](/jurisdictions/colorado/) Critical

Operating online without a master-licensee tether

No standalone online-only licence exists; unlicensed operation is enforceable.

[🇰🇲 Comoros](/jurisdictions/comoros/) Critical

Any counterparty presenting an Anjouan, Mwali/Moheli, or &#x27;Grande Comore&#x27; gaming licence as a national Comorian authorisation.

The BCC has publicly and specifically disclaimed these bodies as unrecognised; reliance exposes the operator to zero national legal protection and potential criminal liability.

[Comoros — Anjouan](/jurisdictions/anjouan/) Critical

Operator or supplier claims to hold an &#x27;Anjouan&#x27; gaming licence from the Anjouan Offshore Finance Authority or &#x27;Anjouan Gaming&#x27; board

The Union of the Comoros&#x27; central bank states these bodies are not recognised and have no authority to issue licences; treating the claim as a credential exposes counterparties to misrepresentation and AML/reputational liability.

[Delaware — State](/jurisdictions/delaware/) Critical

No competitive B2C operator licence exists

Commercial operators cannot enter except as Lottery contractors.

[🇪🇨 Ecuador](/jurisdictions/ecuador/) Critical

Casino operation

Criminal offence under COIP art. 236 (up to 3 years).

[🇪🇨 Ecuador](/jurisdictions/ecuador/) Critical

Charitable-front casino

Attorney General confirmed non-profit cover does not legalise.

[🇪🇺 European Economic Area](/jurisdictions/european-economic-area/) Critical

Operator relies on a single EEA-state licence (e.g. MGA) to market into another EEA state without local authorisation

National authorities treat this as unlicensed operation regardless of EEA passporting assumptions

SRC-EEA-001

[🇫🇷 France](/jurisdictions/france/) Critical

Offering online casino to FR players

Entirely prohibited; criminal exposure up to 3 years + EUR 90,000.

[🇫🇷 France](/jurisdictions/france/) Critical

Operating without ANJ agrément

Criminal and administrative sanctions; ISP/payment blocking.

[🇫🇷 France](/jurisdictions/france/) Critical

Competing with FDJ lottery

Statutory 25-year monopoly.

[🇫🇷 France](/jurisdictions/france/) Critical

Pari-mutuel horse racing without PMU

PMU monopoly.

[Hawaii](/jurisdictions/hawaii/) Critical

Any entity marketing itself as a &#x27;Hawaii-licensed&#x27; gambling operator

No gambling regulator or licence exists in Hawaii; such claims are per se fraudulent.

[🇭🇰 Hong Kong SAR](/jurisdictions/hong-kong/) Critical

Seeking a private B2C gambling licence

No private licensing pathway exists; HKJC monopoly

[🇮🇸 Iceland](/jurisdictions/iceland/) Critical

No private B2C licence exists

Market entry as a commercial operator is legally impossible.

[🇮🇸 Iceland](/jurisdictions/iceland/) Critical

Online casino prohibited

Core iGaming vertical is closed.

[Indiana — State](/jurisdictions/indiana/) Critical

Operating online sports wagering without an IGC vendor licence

Unlicensed operation is illegal gambling subject to enforcement.

[🇮🇩 Indonesia](/jurisdictions/indonesia/) Critical

No gambling licence exists

No lawful market entry pathway for any vertical.

[🇮🇪 Ireland](/jurisdictions/ireland/) Critical

Operating without GRAI licence post-commencement

Triggers criminal enforcement and court cessation orders.

[🇵🇰 Islamic Republic of Pakistan](/jurisdictions/pakistan/) Critical

Any gambling licence application

No regulator or licence exists; activity is criminal.

[🇯🇵 Japan](/jurisdictions/japan/) Critical

Operating online gambling for JP residents

Criminal offence under Penal Code Art. 185–186; no licence pathway exists.

[🇰🇿 Kazakhstan](/jurisdictions/kazakhstan/) Critical

Operating an online casino targeting KZ players

Online casino is prohibited; criminal liability under art. 269-1.

[🇰🇿 Kazakhstan](/jurisdictions/kazakhstan/) Critical

Land-based gambling outside a designated zone

Criminally punishable regardless of income amount.

[🇱🇺 Luxembourg](/jurisdictions/luxembourg/) Critical

No B2B/B2C online licensing pathway exists for private operators

Any commercial online-gambling entry attempt into Luxembourg has no lawful licence route absent a partnership with the two incumbents.

[🇲🇴 Macau SAR (Macau Special Administrative Region, China)](/jurisdictions/macau/) Critical

No online gambling licence exists

Online operators cannot lawfully serve MO residents

[🇲🇾 Malaysia](/jurisdictions/malaysia/) Critical

No online gambling licence exists or is proposed

There is no lawful route to operate online; all activity is criminal.

[🇲🇭 Marshall Islands](/jurisdictions/marshall-islands/) Critical

Any representation that an &#x27;MH gaming licence&#x27; or &#x27;MH gambling licence&#x27; exists

No licensing authority exists in the Marshall Islands for gaming or gambling; any such claim is categorically false and indicates fraud or misrepresentation.

[Massachusetts — State](/jurisdictions/massachusetts/) Critical

Operating online casino / iGaming

No iGaming licence exists; H.4431 deferred to 2027.

[Michigan — State](/jurisdictions/michigan/) Critical

Operating without MGCB licence

Unlicensed iGaming/sports wagering exposes operator to cease-and-desist and criminal referral.

[🇲🇦 Morocco](/jurisdictions/morocco/) Critical

No private online licensing route exists

Any private online operator serving Morocco is unlicensed by definition.

[🇲🇲 Myanmar](/jurisdictions/myanmar/) Critical

SAC-issued gambling licence offered

No credible regulator; licence carries sanctions exposure.

[🇳🇵 Nepal](/jurisdictions/nepal/) Critical

Operating online gambling for Nepali users

Explicitly prohibited and ISP-blocked; criminal liability.

[Nevada — State](/jurisdictions/nevada/) Critical

Offering online casino games beyond poker

Online slots/table games are prohibited in Nevada.

[Nevada — State](/jurisdictions/nevada/) Critical

Online poker without Interactive Gaming Licence

Only Nevada casino licensees may operate online poker.

[Nevada — State](/jurisdictions/nevada/) Critical

Lottery product offering

State lottery prohibited by constitution; AJR5 shelved.

[New Brunswick (Canada)](/jurisdictions/new-brunswick/) Critical

Seeking a commercial B2C online licence

No such licence exists; market is a Crown monopoly.

[🇺🇸 New York — State](/jurisdictions/new-york/) Critical

No open sports wagering RFA round since 2022

Market closed to new online entrants in practice; not a statutory bar, since §1367-a(7)(d) allows additional licences to be awarded.

[🇳🇬 Nigeria](/jurisdictions/nigeria/) Critical

Reliance on void NLRC federal licence outside FCT

Federal licences are mere paper without legal backing outside FCT post SC/1/2008

SRC-NG-001

[North Dakota](/jurisdictions/north-dakota/) Critical

Any commercial online casino/poker/sportsbook operation targeting ND residents

No licensing pathway exists; N.D.C.C. Ch. 12.1-28 criminalizes unlicensed gambling and the AG has stated online gaming is prohibited even for licensed charitable organizations

[🇵🇭 Philippines](/jurisdictions/philippines/) Critical

Operating offshore gaming from PH

Criminalised under RA 12312 with up to 12 years imprisonment.

[🇶🇦 Qatar](/jurisdictions/qatar/) Critical

Any claim of a &#x27;Qatar gambling licence&#x27;

No such licence exists at any tier; per T3 consensus, no local license for betting or gaming of any kind is issued.

[Quebec — Canada (province)](/jurisdictions/quebec/) Critical

No private licensing pathway

Private operators cannot lawfully serve Quebec residents.

[🇰🇷 Republic of Korea (South Korea)](/jurisdictions/south-korea/) Critical

Serving Korean nationals online

Criminal under Criminal Act §246; up to 5 years.

[Rhode Island — State](/jurisdictions/rhode-island/) Critical

No open commercial B2C licensing

Entry only via Lottery contractor procurement; no standard application route.

[🇸🇦 Saudi Arabia](/jurisdictions/saudi-arabia/) Critical

Any plan to obtain a Saudi gambling licence

No licensing regime exists or can exist under Sharia; the premise is void.

[🇷🇸 Serbia](/jurisdictions/serbia/) Critical

Operating online without server localisation in Serbia

Online approval requires in-country servers; without them the operator is unlicensed.

[🇻🇳 Socialist Republic of Vietnam](/jurisdictions/vietnam/) Critical

Seeking a private online gambling licence

No pathway exists; Decree 147/2024 bars casino-style/card online games.

[🇿🇦 South Africa](/jurisdictions/south-africa/) Critical

Offering online casino/poker to ZA players

Prohibited under NGA s.11; criminal offence

[🇿🇦 South Africa](/jurisdictions/south-africa/) Critical

Treating poker as legal online

Subsumed under interactive-game prohibition; prohibited

[South Carolina](/jurisdictions/south-carolina/) Critical

Attempting to operate a commercial sportsbook, casino, or online gambling product in SC absent any statutory licence class

Exposes operator to criminal prosecution under Title 16, Chapter 19

[🇪🇸 Spain](/jurisdictions/spain/) Critical

Operating without a DGOJ licence

Very-serious infringement; fines up to €50m, website shutdown and 2-year ban.

[🇱🇰 Sri Lanka](/jurisdictions/sri-lanka/) Critical

Operating gambling without a GRA licence

Fine up to LKR 10mn and/or 2 years imprisonment.

[🇹🇼 Taiwan](/jurisdictions/taiwan/) Critical

Operating private online gambling for Taiwan players

Criminal offence under Articles 266-270; no licence exists.

[🇹🇼 Taiwan](/jurisdictions/taiwan/) Critical

Assuming offshore licence shields from TW law

ROC jurisdiction attaches where locus of result is Taiwan.

[🇹🇭 Thailand](/jurisdictions/thailand/) Critical

No private licensing pathway exists

Any private operator is unlawful under the Gambling Act B.E. 2478.

[🇹🇳 Tunisia](/jurisdictions/tunisia/) Critical

No private online licensing route exists

No compliant market entry for B2C operators

[🇺🇸 United States (Federal Layer)](/jurisdictions/united-states/) Critical

Operating online sports wagering across state lines

Wire Act §1084 prohibits interstate transmission of sports bets.

SRC-US-001

[Virginia — State](/jurisdictions/virginia/) Critical

Operating without a Virginia Lottery permit

Unlicensed operation is prohibited and exposes operators to enforcement.

[Washington (State)](/jurisdictions/washington/) Critical

Any online real-money gambling offer to WA residents absent a tribal compact channel

RCW 9.46.240 makes this a class C felony exposure for operators and facilitators.

[Africa](/jurisdictions/africa/) High

Operating in Nigeria under a federal NLRC permit without confirming state-level position

NLRC and state boards (e.g. Lagos State Lotteries Board) have publicly disputed competence; operators reported double taxation and jurisdictional rivalry as live issues.

[Africa](/jurisdictions/africa/) High

Relying on a Kenyan licence issued under the repealed Betting, Lotteries and Gaming Act Cap 131 without confirming GRA transition status

Cap 131 was repealed 2025-08-20 by the Gambling Control Act 2025; legacy licences need transition verification.

[Alberta — Canada (province)](/jurisdictions/alberta/) High

Late filing claimed as excuse

AGLC states late filing is not a valid excuse and may yield an unsuitability finding.

[🇩🇿 Algeria](/jurisdictions/algeria/) High

VPN use criminalised (2025)

Closes the main access workaround; player risk elevated.

[🇩🇿 Algeria](/jurisdictions/algeria/) High

High offshore traffic mis-read as grey market

Algeria is a black market; treating it as grey is a critical strategic error.

[🇦🇬 Antigua and Barbuda](/jurisdictions/antigua-and-barbuda/) High

Gambling Authority of Antigua and Barbuda (s.4, Gambling Act 2016) operational status could not be confirmed from an official source; no standalone Authority website was found.

Counterparties and applicants may be unsure which body currently holds enforceable statutory authority over domestic gambling and over the eventual transition of IGIWR functions.

[🇦🇷 Argentina](/jurisdictions/argentina/) High

Assuming a CABA licence covers BA Province

No reciprocity; a separate licence is required per province.

[🇦🇷 Argentina](/jurisdictions/argentina/) High

Planning greenfield CABA entry

LOTBA tender closed June 2024; entry only by acquisition.

[Arizona — State](/jurisdictions/arizona/) High

All ten tribal licences filled

New entrants on the tribal track must displace an existing tether.

[Arizona — State](/jurisdictions/arizona/) High

Holding both tribal and sports-team licence

No operator may hold both tracks.

[Arkansas](/jurisdictions/arkansas/) High

Attempting entry as Pope County&#x27;s fourth casino licensee

Amendment 104 requires a countywide referendum, and prior tribal-entity litigation to overturn this requirement was dismissed in federal court.

[🇦🇹 Austria](/jurisdictions/austria/) High

EUR 109m minimum capital for lottery concession

Extremely high capital barrier.

[🇧🇩 Bangladesh](/jurisdictions/bangladesh/) High

No legal addressable operator market

Commercial attractiveness floored; only illegal exposure available.

[🇧🇪 Belgium](/jurisdictions/belgium/) High

Numerus clausus (9 Class A)

Hard cap on casino licences limits acquisition targets.

[🇧🇿 Belize](/jurisdictions/belize/) High

Act No. 3 of 2026 repeals four Acts (s.61) but states no commencement date in the text reviewed.

Until commencement, it is unclear whether the repeal is in effect; legacy Cap 152/151 bodies may remain the only lawful issuing authorities.

[🇧🇿 Belize](/jurisdictions/belize/) High

No Gaming and Lotteries Commission website or licence register was located.

Absent a public register, market participants cannot independently verify licensing status, compounding the moratorium-era illegality risk.

[British Columbia — Canada (province)](/jurisdictions/british-columbia/) High

Assuming a B2B supplier licence pathway exists

B2B supply is only via BCLC procurement; no public licence.

[British Columbia — Canada (province)](/jurisdictions/british-columbia/) High

Confusing Ontario eligibility with BC eligibility

An Ontario licence does not authorise serving BC residents.

[🇧🇬 Bulgaria](/jurisdictions/bulgaria/) High

Gibraltar-registered applicant

No longer EU-eligible post-Brexit.

[🇰🇭 Cambodia](/jurisdictions/cambodia/) High

Admitting Cambodian nationals to casinos

Nationals prohibited; foreign passport required.

[🇰🇭 Cambodia](/jurisdictions/cambodia/) High

Assuming a B2B online platform pathway

No online B2B licence class exists.

[Canada — Kahnawake](/jurisdictions/kahnawake/) High

KGC&#x27;s licensing authority rests on an asserted-and-unadjudicated legal basis in tension with Criminal Code s.207&#x27;s delegation of lawful gaming to the provinces.

No source confirms Canadian federal or Quebec provincial recognition of KGC permits off-reserve or offshore, creating structural legal uncertainty for any operator or counterparty relying on a KGC licence outside the Territory.

[🇨🇳 China (Mainland)](/jurisdictions/china/) High

B2B supply assuming a licensing route

No B2B pathway; absent_no_pathway

SRC-CN-007

[Colorado — State](/jurisdictions/colorado/) High

Assuming iGaming is available

iGaming is not legalised and faces mountain casino-town opposition.

[Colorado — State](/jurisdictions/colorado/) High

Lottery product entry

Lottery is a state monopoly; no iLottery pathway.

[Colorado — State](/jurisdictions/colorado/) High

Poker/online casino launch

Online poker and iGaming are prohibited.

[Connecticut — State](/jurisdictions/connecticut/) High

No open B2C licensing pathway

All three skins are allocated; new commercial entry requires legislation or compact amendment.

[Connecticut — State](/jurisdictions/connecticut/) High

Mandatory tribal/CLC tether for iGaming

Commercial operators cannot hold a direct iGaming licence.

[🇨🇷 Costa Rica](/jurisdictions/costa-rica/) High

Describing CR registration as a gambling licence

Most common industry misrepresentation; it is a corporate/municipal permit only.

[🇭🇷 Croatia](/jurisdictions/croatia/) High

Historical brick-and-mortar nexus for online casino

May require land-based presence to obtain online licence.

[🇭🇷 Croatia](/jurisdictions/croatia/) High

Government-set operator caps

Entry only via available slots/tender.

[🇨🇮 Côte d&#x27;Ivoire](/jurisdictions/cote-d-ivoire/) High

No confirmed general B2B or multi-operator B2C online licensing pathway independent of LONACI concession

Foreign operators without a LONACI partnership may have no lawful route to license online products.

[🇩🇴 Dominican Republic](/jurisdictions/dominican-republic/) High

Operating online without a Res. 136-2024 licence

Brings unlicensed-activity exposure under the formalising 2026 regime.

[🇪🇬 Egypt](/jurisdictions/egypt/) High

Domain/app exposed to Egyptian users

NTRA systematic blocking under Cybercrime Law Art. 7; named targeting of 1xBet.

[🇪🇬 Egypt](/jurisdictions/egypt/) High

Seeking a B2B licence

No B2B licence pathway exists — absent_no_pathway.

[🇫🇷 France](/jurisdictions/france/) High

Assuming B2B agrément exists

No B2B pathway; supply only to ANJ-licensed B2C.

[🇫🇷 France](/jurisdictions/france/) High

Non-EEA establishment

EEA establishment required to apply.

[🇩🇪 Germany](/jurisdictions/germany/) High

Online casino table games prohibited federally

Roulette/blackjack not federally licensable; state-by-state patchwork only.

[🇬🇮 Gibraltar](/jurisdictions/gibraltar/) High

Operating support services (marketing, CRM, hosting, fund management) in/from Gibraltar without the relevant GOSS or Marketing Affiliate/Agency licence

The 2025 Act&#x27;s expanded perimeter now captures marketing affiliates and agencies directly; non-compliant firms risk enforcement once the six-month transition window closes.

SRC-GI-005 SRC-GI-013

[🇬🇮 Gibraltar](/jurisdictions/gibraltar/) High

Brass-plate Gibraltar entity with minimal local staff/office presence

Schedule 2 substance requirements can lead to licence refusal or revocation under the 2025 Act.

SRC-GI-012

[🇬🇮 Gibraltar](/jurisdictions/gibraltar/) High

B2B supply into a Gibraltar-licensed operator from abroad without a Gibraltar licence

§30 extends the licensing perimeter to any-location supply into Gibraltar-licensed operators.

SRC-GI-012

[🇮🇸 Iceland](/jurisdictions/iceland/) High

No B2B licence pathway

Suppliers can only engage via procurement, not a public licence.

[🇮🇸 Iceland](/jurisdictions/iceland/) High

Poker has no standalone authorisation

Poker falls under the general prohibition.

[🇮🇸 Iceland](/jurisdictions/iceland/) High

Authorisations limited to charitable/state entities

Commercial profit motive is structurally excluded.

[Illinois — State](/jurisdictions/illinois/) High

Mandatory casino/racetrack tether

No standalone digital licence; entry requires a tether partner.

[Illinois — State](/jurisdictions/illinois/) High

iGaming prohibited

No online casino/poker pathway; ~$800M annual tax upside locked.

[Illinois — State](/jurisdictions/illinois/) High

Margin viability at scale

Operators >$200M GGR pay 40%; entry economics must be modelled carefully.

[Indiana — State](/jurisdictions/indiana/) High

No casino/racino tether secured

Online operators cannot launch without a tether partner.

[Indiana — State](/jurisdictions/indiana/) High

B2B supply without service-provider licence

Suppliers require IGC approval.

[Iowa](/jurisdictions/iowa/) High

SF 2289 cease-and-desist authority takes effect 2026-07-01 with no named targets yet

Operators offering sweepstakes-style or unlicensed products face sudden enforcement exposure once IRGC begins issuing orders.

[🇮🇪 Ireland](/jurisdictions/ireland/) High

Legacy Revenue licence expiry without GRAI migration

Remote licences expire 1 July 2026; lapse creates illegal operation.

[🇯🇵 Japan](/jurisdictions/japan/) High

Treating Japan as a near-term online opportunity

Online prohibition is entrenched and tightening; only IR land-based access exists, on a 10+ year horizon.

[Kansas](/jurisdictions/kansas/) High

SB 125 moratorium bars new facility-manager/sportsbook contract negotiation through FY2026

New entrants cannot secure a route to market until the moratorium lifts, regardless of commercial readiness.

[Kentucky](/jurisdictions/kentucky/) High

No statutory pathway for online casino or commercial online poker

Any B2C or B2B product touching casino/poker verticals has zero licensing route in Kentucky regardless of capital or compliance investment.

[Kentucky](/jurisdictions/kentucky/) High

Sweepstakes casinos operate in an unresolved legal gray zone with a documented AG litigation history against VGW

Operators in this vertical face an elevated and rising enforcement-risk profile even absent a clear statutory ban.

[🇰🇪 Kenya](/jurisdictions/kenya/) High

High gambling capital and application-fee thresholds under the Gambling Control Regulations 2026

The Third Schedule sets a KSh 2,000,000,000 gambling capital requirement for the National Lottery licence and a KSh 8,000,000 application fee for the hybrid online licence, which consolidates the segment toward well-capitalised incumbents rather than new entrants. The BCLB-era application moratorium has ended and the GRA opened its first licensing cycle in July 2026, so the barrier is capital rather than availability.

[🇱🇦 Laos](/jurisdictions/laos/) High

No codified B2B or B2C online licensing pathway exists despite years of reported LOGA master-licence planning

Any operator proceeding on the assumption of an imminent offshore licence is exposed to unlicensed-activity risk.

[Latin America](/jurisdictions/latin-america/) High

Chile has no in-force online gambling licensing framework as of 2026; only state-linked entities hold digital authorisation

Any commercial online operation targeting Chilean bettors currently operates outside a licensing perimeter

[🇱🇮 Liechtenstein](/jurisdictions/liechtenstein/) High

Online gambling moratorium extended to end-2028

Forecloses any online B2C or B2B entry route for the foreseeable planning horizon.

[🇱🇮 Liechtenstein](/jurisdictions/liechtenstein/) High

GGR decline of ~58.9% YoY through Q3 2025 and dissolution of the casino trade association

Signals sharp commercial deterioration in the only currently-licensable vertical (land-based casino).

[🇲🇴 Macau SAR (Macau Special Administrative Region, China)](/jurisdictions/macau/) High

Closed six-concession structure to 2032

No new entry pathway for land-based operators

[Maine](/jurisdictions/maine/) High

Only four tribal exclusivity slots exist per vertical, each limited to one management-services provider

Severely restricts number of commercial brands able to enter the Maine market regardless of capital or product quality

[🇲🇾 Malaysia](/jurisdictions/malaysia/) High

Casino concession is an exclusive right (Genting since 1969)

No new casino licence is available to entrants.

[🇲🇾 Malaysia](/jurisdictions/malaysia/) High

NFO licences long-held by three incumbents

Lottery/number-forecast market is closed to new entrants.

[🇲🇾 Malaysia](/jurisdictions/malaysia/) High

No B2B supply licence (absent_no_pathway)

Suppliers cannot lawfully serve a Malaysian-facing online operator.

[Maryland — State](/jurisdictions/maryland/) High

2022 application window closed; no scheduled reopening

New entrants must acquire existing licences or await discretionary window.

[Massachusetts — State](/jurisdictions/massachusetts/) High

Supplying technology without MGC approval

B2B suppliers require MGC approval.

[Massachusetts — State](/jurisdictions/massachusetts/) High

Tethered operator lacking compliant Category 1 partner

Tethered Category 3 licences require an active casino relationship.

[🇲🇽 Mexico](/jurisdictions/mexico/) High

No dedicated online statute; permit-extension model

Legal ambiguity and discretionary issuance.

[🇲🇽 Mexico](/jurisdictions/mexico/) High

~60% unlicensed online share

Tax hike may worsen leakage to black market.

[🇲🇽 Mexico](/jurisdictions/mexico/) High

2023 slot ban for new permits; 15-year cap

Constrains land-based product and renewal value.

[Michigan — State](/jurisdictions/michigan/) High

No commercial tether or tribal compact

Market access requires a tether; the 15 licences are fully allocated.

[Minnesota](/jurisdictions/minnesota/) High

No enacted commercial sports-wagering licence exists despite active industry solicitation and offshore operator activity.

Any commercial operator engaging Minnesota bettors is doing so entirely outside a licensed framework, with no regulatory recourse and rising AG enforcement risk.

[Mississippi](/jurisdictions/mississippi/) High

No statewide mobile/online wagering licence pathway exists; three consecutive legislative sessions have failed to pass enabling legislation.

Operators cannot lawfully offer online sportsbook or casino products to MS residents regardless of licensure elsewhere.

[Missouri](/jurisdictions/missouri/) High

Conflicting public reporting on total mobile licence cap (14 vs 21)

Market-entry capital planning is directly affected by whether the ceiling is 14 or 21 mobile skins; primary-source reconciliation required before board sign-off.

[Montana](/jurisdictions/montana/) High

No licensed pathway exists for commercial online casino or competitive mobile sportsbook

Blocks the two highest-value product categories nationally from any Montana entry route absent new legislation.

[🇲🇦 Morocco](/jurisdictions/morocco/) High

No B2B agrément pathway

B2B suppliers cannot be licensed except by direct state contract.

[🇲🇦 Morocco](/jurisdictions/morocco/) High

Grey-zone status neither legal nor fully banned

Legal ambiguity heightens unpredictable enforcement.

[Nebraska](/jurisdictions/nebraska/) High

Operating an online/mobile sportsbook targeting Nebraska residents

Mobile wagering is explicitly banned under existing Nebraska statutes and NRGC regulations

[🇳🇵 Nepal](/jurisdictions/nepal/) High

Admitting Nepali nationals to a licensed casino

Casinos are foreign-nationals-only; breach voids licence.

[Nevada — State](/jurisdictions/nevada/) High

Operating online sports wagering without in-person registration

Mobile accounts must be created in person; remote-only signup is non-compliant.

[Nevada — State](/jurisdictions/nevada/) High

Remote applicant without Nevada presence

No remote licence pathway; physical establishment required.

[Nevada — State](/jurisdictions/nevada/) High

B2B supply without manufacturer/distributor licence

Reg 14 manufacturer/distributor licence required to supply Nevada operators.

[New Brunswick (Canada)](/jurisdictions/new-brunswick/) High

Assuming a B2B licence pathway exists

Only supplier registration exists; no open B2B licence.

[New Hampshire](/jurisdictions/new-hampshire/) High

Single exclusive sports-wagering agent contract runs through June 30, 2028

No B2C entry pathway exists for competing sportsbook brands until contract expiry or legislative change

[New Mexico (USA)](/jurisdictions/new-mexico/) High

No statutory basis exists for retail tribal sports betting — it rests entirely on tribes&#x27; own compact interpretation

Legal foundation for the state&#x27;s entire retail sports-betting market could be challenged

[🇺🇸 New York — State](/jurisdictions/new-york/) High

Online iGaming prohibited

Large product gap vs NJ/PA/MI competitors.

[🇳🇿 New Zealand](/jurisdictions/new-zealand/) High

Operating online casino targeting NZ without a forthcoming licence

Remote interactive gambling supply is prohibited under the Gambling Act 2003.

[🇳🇿 New Zealand](/jurisdictions/new-zealand/) High

Advertising before licence grant during application review

Operators under review must cease all advertising until licensed.

[🇳🇬 Nigeria](/jurisdictions/nigeria/) High

Operating across multiple states without URC or per-state licences

Each state has exclusive authority over its residents

SRC-NG-001

[🇳🇬 Nigeria](/jurisdictions/nigeria/) High

Assuming Central Gaming Bill restored federal authority

Presidential assent declined; states retain authority

SRC-NG-007

[🇳🇬 Nigeria](/jurisdictions/nigeria/) High

Assuming online licence in one state covers all states

Online cross-border position legally unsettled

SRC-NG-001

[🇳🇬 Nigeria](/jurisdictions/nigeria/) High

No local CAC incorporation / Lagos office

LSLGA requires local incorporation

SRC-NG-009

[Ohio — State](/jurisdictions/ohio/) High

Operating iGaming/online casino

Not legalised; HB 298 stalled — no pathway exists.

[Ohio — State](/jurisdictions/ohio/) High

Crypto gambling offering

No OCCC-approved pathway; prohibited.

[Ohio — State](/jurisdictions/ohio/) High

B2B supply without OCCC approval

Platform/technology suppliers require OCCC licensure.

[🇵🇼 Palau](/jurisdictions/palau/) High

No official statute text of RPPL 8-54 located on an official publication site

Counsel cannot independently verify exact statutory conditions without the primary text

[🇵🇦 Panama](/jurisdictions/panama/) High

Failure to maintain local presence

Panamanian entity/local representative required; lapse jeopardises licence.

[🇵🇭 Philippines](/jurisdictions/philippines/) High

CEZA-route reliance

CEZA directed to comply with POGO ban.

[🇵🇭 Philippines](/jurisdictions/philippines/) High

Affiliate without local distributor

Foreign affiliates must use accredited local distributor.

[🇶🇦 Qatar](/jurisdictions/qatar/) High

Claims that poker or &#x27;skill games&#x27; are exempt from prohibition

Penal Code makes no skill/chance distinction; poker falls under general prohibition.

[Quebec — Canada (province)](/jurisdictions/quebec/) High

No entry pathway; pivot to ON/AB

Quebec exposure requires waiting for reform.

[🇰🇷 Republic of Korea (South Korea)](/jurisdictions/south-korea/) High

Offshore domain serving KR

KISA/BCSC ISP/DNS blocking.

[Rhode Island — State](/jurisdictions/rhode-island/) High

iGaming exclusivity to Bally&#x27;s

No iGaming competitive entry under SB 948.

[🇸🇦 Saudi Arabia](/jurisdictions/saudi-arabia/) High

Treating prize-linked chance products as skill games

Only genuine skill-based esports is lawful; chance-based prize draws are maysir.

[🇸🇳 Senegal](/jurisdictions/senegal/) High

No private online licensing pathway

Formal access requires LONASE partnership; independent licence is unavailable.

[🇷🇸 Serbia](/jurisdictions/serbia/) High

Targeting Serbian players from offshore licence only

Foreign platforms are prohibited and ISP-blocked.

[🇸🇨 Seychelles](/jurisdictions/seychelles/) High

2022 capping regulation limits the number of slot machine and casino licences issued

New entrants into land-based casino/slot segments may face a closed licence pool regardless of application quality.

[🇿🇦 South Africa](/jurisdictions/south-africa/) High

Classifying RNG slots as fixed-odds bets

Portapa narrowed this interpretation; litigation risk

[🇿🇦 South Africa](/jurisdictions/south-africa/) High

Cross-province reliance on WCGRB tolerance

WCGRB/MER tolerance contested by NGB; not nationally safe

[🇿🇦 South Africa](/jurisdictions/south-africa/) High

Assuming 2008 Amendment Act is in force

Never proclaimed; not operative

[South Dakota](/jurisdictions/south-dakota/) High

Geographic restriction to Deadwood city limits

Caps addressable market size regardless of operator quality or capital

[🇪🇸 Spain](/jurisdictions/spain/) High

Assuming licences are available on demand

General licences only via periodic public tender with 18-month minimum gaps.

[🇪🇸 Spain](/jurisdictions/spain/) High

Letting general licence lapse

Loss of general licence voids linked singular licences.

[🇹🇼 Taiwan](/jurisdictions/taiwan/) High

Attempting B2B supply outside the state lottery concession

No B2B licence pathway exists.

[🇹🇼 Taiwan](/jurisdictions/taiwan/) High

Esports betting product launch

Prohibited; no carve-out exists.

[🇹🇹 Trinidad and Tobago](/jurisdictions/trinidad-and-tobago/) High

Treating press reports of Senate passage of the Remote Gambling Order as confirmed law

The Senate Order Paper shows a motion only; no official source in this research confirms the affirmative resolution passed.

[🇹🇹 Trinidad and Tobago](/jurisdictions/trinidad-and-tobago/) High

Assuming the GCC currently issues operating licences

Only Parts I, II and X of the 2021 Act are proclaimed; licensing provisions are not yet in force per the GCC&#x27;s own homepage.

[🇹🇳 Tunisia](/jurisdictions/tunisia/) High

No B2B supplier authorisation pathway

Suppliers cannot serve the market except via the Promosport contract holder

[🇦🇪 United Arab Emirates — federal jurisdiction (GCGRA framework)](/jurisdictions/united-arab-emirates/) High

No open-competitive B2C licensing

Per-emirate licence cap and suitability gatekeeping make B2C entry effectively closed.

[🇬🇧 United Kingdom](/jurisdictions/united-kingdom/) High

White-label arrangements

Under particular UKGC scrutiny.

SRC-GB-025

[🇺🇸 United States (Federal Layer)](/jurisdictions/united-states/) High

Assuming a single federal licence exists

There is no federal gambling licence; entry is state-by-state.

SRC-US-002

[🇺🇸 United States (Federal Layer)](/jurisdictions/united-states/) High

Assuming B2B suppliers need no licence

B2B supplier licensing is required independently in each state.

SRC-US-002

[🇺🇸 United States (Federal Layer)](/jurisdictions/united-states/) High

Underestimating multi-state capital intensity

50+ separate entries plus federal AML overlay are capital-intensive.

SRC-US-002

[🇺🇾 Uruguay](/jurisdictions/uruguay/) High

No private online sports-betting licence available

Online sports betting is a state monopoly via Supermatch; private operators cannot lawfully serve the market.

[🇺🇾 Uruguay](/jurisdictions/uruguay/) High

Online casino/poker via international operators prohibited

2017 Accountability Law bans these products for international operators.

[🇻🇪 Venezuela](/jurisdictions/venezuela/) High

Online gambling legally undefined

No licence available; status could flip on reform.

[Virginia — State](/jurisdictions/virginia/) High

Missing renewal 60-day deadline

Late renewal terminates the licence.

[Washington (State)](/jurisdictions/washington/) High

Attempting B2C entry without a tribal partnership

No standalone state commercial licence exists; tribal compact partnership is structurally required.

[Washington, D.C.](/jurisdictions/district-of-columbia/) High

Estimated $700M wagered on unlicensed platforms by DC residents in 2024

Indicates a substantial revenue leakage and consumer-protection gap outside OLG oversight.

[West Virginia — State](/jurisdictions/west-virginia/) High

Five-licence statutory cap

No new operator can enter without a racetrack/resort tether; market access is structurally constrained.

[Wisconsin](/jurisdictions/wisconsin/) High

IGRA 60% revenue-to-tribe floor cited by Sports Betting Alliance as commercially unattractive

May keep major national operators (DraftKings, FanDuel, BetMGM) out of the market entirely, limiting product competitiveness.

[🇿🇲 Zambia](/jurisdictions/zambia/) High

Online licensing structurally undefined

Online operators rely on interpretive extension of land-based licences, creating legal uncertainty.

[Africa](/jurisdictions/africa/) Medium

Treating GRAF membership or guidance as a licensing credential

GRAF is an MoU-based consensus forum with no licensing or binding-rule authority.

[Alberta — Canada (province)](/jurisdictions/alberta/) Medium

Per-site fee structuring overlooked

Each distinct iGaming site needs a separate application and annual fee, materially affecting multi-brand cost.

[Alberta — Canada (province)](/jurisdictions/alberta/) Medium

Assuming Ontario compliance is sufficient

Alberta requires a distinct accreditation and Alberta-specific controls even for Ontario-licensed operators.

[Alberta — Canada (province)](/jurisdictions/alberta/) Medium

Skin/brand structuring not pre-modelled

Brand and skin decisions materially affect application volume and annual fee exposure.

[🇦🇬 Antigua and Barbuda](/jurisdictions/antigua-and-barbuda/) Medium

A licensee detail page observed during this run showed a stated licence validity date already in the past relative to the run date.

Indicates the public licensee register may not be kept current; licence-status claims drawn from it should be re-verified before reliance.

[🇦🇷 Argentina](/jurisdictions/argentina/) Medium

Land-based betting-shop operator moving online

CABA blocks betting-shop operators from online licences.

[Arizona — State](/jurisdictions/arizona/) Medium

Sustained operator churn since 2022

Indicates difficulty achieving profitability in a margin-tight market.

[Arizona — State](/jurisdictions/arizona/) Medium

Qualifying as a &#x27;sports franchise&#x27;

Statute limits eligible franchises to top-level leagues; lower-tier teams may not qualify.

[Arizona — State](/jurisdictions/arizona/) Medium

Low-hold margin profile

Arizona historically runs below national average hold, pressuring profitability.

[Arizona — State](/jurisdictions/arizona/) Medium

Lottery online expansion attempt

Arizona Lottery monopoly; no iLottery.

[Arizona — State](/jurisdictions/arizona/) Medium

Reliance on retail-facing model

Retail consolidated sharply; online dominates.

[🇦🇺 Australia](/jurisdictions/australia/) Medium

Assuming a national B2C licence exists

No single national licence; state/territory licensing required.

[🇦🇺 Australia](/jurisdictions/australia/) Medium

Failure to satisfy fit-and-proper probity

State licensing gate; probity review.

[🇦🇹 Austria](/jurisdictions/austria/) Medium

No B2B supplier licence pathway

B2B vendors cannot obtain independent authorisation.

[🇦🇹 Austria](/jurisdictions/austria/) Medium

Concession expires 2027-09-30 with retender uncertainty

Incumbent and entrants face a cliff-edge.

[🇦🇹 Austria](/jurisdictions/austria/) Medium

Austrian corporate seat condition for concessions

Local-presence requirement absent equivalent home supervision.

[🇧🇪 Belgium](/jurisdictions/belgium/) Medium

Cumul ban

Separate licence classes cannot share a domain.

[🇧🇪 Belgium](/jurisdictions/belgium/) Medium

&#x27;Same nature&#x27; restriction on online &#x27;+&#x27;

Online product scope limited to land-based offering.

[🇧🇷 Brazil](/jurisdictions/brazil/) Medium

20% Brazilian shareholding mandate

Requires local partner / equity dilution.

[🇧🇷 Brazil](/jurisdictions/brazil/) Medium

Land-based casino prohibition

Retail casino remains illegal.

[🇧🇬 Bulgaria](/jurisdictions/bulgaria/) Medium

No local authorised representative

Mandatory for non-Bulgarian entities.

[🇧🇬 Bulgaria](/jurisdictions/bulgaria/) Medium

Single licence covering multiple games

Separate licence per game type.

[🇰🇭 Cambodia](/jurisdictions/cambodia/) Medium

Junket/promoter without licence

Promoter licence required; annual renewal.

[🇨🇲 Cameroon](/jurisdictions/cameroon/) Medium

Unverified formal licensing of 1xBet/betPawa

Commercial operators may run on informal tolerance, creating enforcement exposure.

[Canada — Kahnawake](/jurisdictions/kahnawake/) Medium

The Regulations&#x27; own enabling-provision citation is inconsistent: the Regulations index page cites Gaming Law s.35 while the Regulations PDF preamble cites s.24.1.

An unresolved discrepancy in the statutory basis for the Commission&#x27;s core regulatory instrument undermines confidence in the instrument&#x27;s documented legal pedigree.

[Canada — Ontario](/jurisdictions/ontario/) Medium

Supplying games that reach unregulated sites

Arrise/Relax fined CA$40k each for games on unregulated sites.

[Canada — Ontario](/jurisdictions/ontario/) Medium

Sweepstakes-style no-prize models

Sweepstakes face increasing North American scrutiny; AGCO penalised suppliers tied to unregulated sites.

[Canada — Ontario](/jurisdictions/ontario/) Medium

Underprovisioning compliance program

AML compliance program approval is a registration bottleneck.

[🇨🇳 China (Mainland)](/jurisdictions/china/) Medium

Treating state lottery as a licensable product

State monopoly via designated agencies only; no private/foreign access

SRC-CN-007

[Colorado — State](/jurisdictions/colorado/) Medium

Crypto-funded wagering

No Division of Gaming-approved crypto gambling pathway exists.

[Colorado — State](/jurisdictions/colorado/) Medium

B2B supply without Division approval

Technology/platform suppliers require Division of Gaming approval.

[Colorado — State](/jurisdictions/colorado/) Medium

Conflating tribal and commercial channels

Tribal sports wagering sits outside the commercial master-licensee tether.

[Connecticut — State](/jurisdictions/connecticut/) Medium

Compact dependency

Market structure hinges on federally-approved tribal compacts.

[🇨🇷 Costa Rica](/jurisdictions/costa-rica/) Medium

B2B suppliers expecting CR authorisation

No B2B licensing pathway exists.

[🇭🇷 Croatia](/jurisdictions/croatia/) Medium

Local Croatian entity required

EU passporting insufficient; subsidiary needed.

[🇭🇷 Croatia](/jurisdictions/croatia/) Medium

Small population ~3.8M

Limited addressable market.

[🇭🇷 Croatia](/jurisdictions/croatia/) Medium

3-6 month timeline plus high cost

Slow, capital-heavy entry.

[Delaware — State](/jurisdictions/delaware/) Medium

Operator-regulator conflation in Lottery

The regulator is also the operator, limiting independent oversight.

[🇩🇴 Dominican Republic](/jurisdictions/dominican-republic/) Medium

No B2B supplier licence pathway

B2B suppliers have no route to direct authorisation.

[🇩🇴 Dominican Republic](/jurisdictions/dominican-republic/) Medium

Crypto-gambling not provided for

Crypto products fall outside the licensable perimeter.

[🇩🇴 Dominican Republic](/jurisdictions/dominican-republic/) Medium

&#x27;Other applications&#x27; licence scope undefined

Poker/bingo/fantasy treatment uncertain.

[🇪🇨 Ecuador](/jurisdictions/ecuador/) Medium

No B2B pathway

Software/platform suppliers have no authorisation route.

[🇪🇬 Egypt](/jurisdictions/egypt/) Medium

Gambling content via social accounts >5,000 followers

Law 180/2018 SCMR licensing exposes such accounts to penalties.

[🇪🇪 Estonia](/jurisdictions/estonia/) Medium

Cross-border dependence (e.g. Finland)

External market reforms affect addressable base.

[Florida](/jurisdictions/florida/) Medium

Sweepstakes casinos and offshore platforms identified by the Attorney General as proliferating alongside the licensed compact market

Signals active AG-level enforcement priority likely to intensify

[🇫🇷 France](/jurisdictions/france/) Medium

JONUM mislabelled as gambling

ANJ enforces strict boundary between JONUM and gambling.

[🇩🇪 Germany](/jurisdictions/germany/) Medium

In-play betting unclear

Some in-play bets prohibited without clear definition, creating compliance ambiguity.

[🇬🇭 Ghana](/jurisdictions/ghana/) Medium

Licence non-transferability (s.19 Act 721)

Constrains M&A and corporate restructuring.

[🇬🇮 Gibraltar](/jurisdictions/gibraltar/) Medium

Part 5 (regulated functions and regulated individuals) is the only Part of the Gambling Act 2025 left uncommenced — LN.2026/064 brought the Act into force on 1 April 2026 "All except – ss.55- 77", and Part 5 is exactly ss.55–77

Key function holders perform regulated functions with no commenced statutory personal-licensing framework, while LN.2026/065 (in force 1 April 2026) already sets application fees for Regulated Individuals at regulation 9 — the fee machinery for approvals is live before the approval regime it serves. Licence holders cannot obtain Commissioner approval under ss.64–74 and must manage significant-influence appointments on undertakings rather than statutory approval until a further commencement notice is made.

SRC-GI-001 SRC-GI-013

[🇬🇷 Greece](/jurisdictions/greece/) Medium

EU/EEA establishment requirement

Non-EEA operators excluded.

[🇬🇷 Greece](/jurisdictions/greece/) Medium

Non-transferable personal licences

M&A/licence-sale constraints.

[🇬🇷 Greece](/jurisdictions/greece/) Medium

Local physical office required

Fixed local-presence cost.

[🇬🇷 Greece](/jurisdictions/greece/) Medium

Crypto gambling not permitted

Crypto rails outside licensed scope.

[🇬🇬 Guernsey](/jurisdictions/guernsey/) Medium

Marketing material referring to a &#x27;Guernsey gambling licence&#x27; for online/remote products

Guernsey proper has no standalone online-gaming regime; such marketing almost always actually refers to the distinct Alderney/AGCC licence, creating counterparty due-diligence risk if the distinction is not understood.

[🇮🇸 Iceland](/jurisdictions/iceland/) Medium

Tiny population (~380,000)

Addressable market is structurally small.

[🇮🇸 Iceland](/jurisdictions/iceland/) Medium

Online bingo illegal

Bingo online channel closed even where land-based permitted.

[🇮🇸 Iceland](/jurisdictions/iceland/) Medium

Large offshore leakage (ISK 36bn/yr)

Demand exists but is captured illegally, not addressable lawfully.

[🇮🇸 Iceland](/jurisdictions/iceland/) Medium

EEA (non-EU) status reduces external liberalisation pressure

Monopoly is less exposed to single-market challenge than EU peers.

[Illinois — State](/jurisdictions/illinois/) Medium

B2B supplier approval required

Technology suppliers need IGB approval before market access.

[Indiana — State](/jurisdictions/indiana/) Medium

Felony-disqualified key persons without waiver

IGC felony-disqualification rules apply to occupational licences.

[🇮🇩 Indonesia](/jurisdictions/indonesia/) Medium

Skill-game distinction untested

Fantasy/DFS grey zone carries criminal exposure risk.

[🇮🇪 Ireland](/jurisdictions/ireland/) Medium

Supplying B2B services before B2B phase opens

B2B licensing pending; premature unlicensed supply risk.

[🇮🇪 Ireland](/jurisdictions/ireland/) Medium

Failure to publish 28-day public notice of intent

Procedural condition for application.

[🇮🇪 Ireland](/jurisdictions/ireland/) Medium

Underprepared documentation at application

Multi-month review; inadequate docs delay or fail application.

[🇮🇪 Ireland](/jurisdictions/ireland/) Medium

Inability to demonstrate lawful funding of winnings

Suitability requirement to fund winnings from lawful activities.

[🇯🇵 Japan](/jurisdictions/japan/) Medium

Assuming a B2B online supply licence is obtainable

No online B2B pathway exists; only CMC-certified land-based IR equipment supply is available.

[🇯🇵 Japan](/jurisdictions/japan/) Medium

Acquiring ≥5% of an IR operator without CMC clearance

Punishable by imprisonment up to one year or fine up to JPY1m.

[🇯🇵 Japan](/jurisdictions/japan/) Medium

Assuming skill games escape the gambling definition

Chance is satisfied if any accidental circumstance can affect outcome; only no-stake or sponsor-funded models are safe.

[🇯🇵 Japan](/jurisdictions/japan/) Medium

Using cash-equivalent &#x27;amusement&#x27; framing to avoid gambling rules

Supreme Court held cash never qualifies as momentary amusement regardless of amount.

[🇯🇵 Japan](/jurisdictions/japan/) Medium

Expecting more than three IR licences near-term

Cap is three nationally; only one approved; expansion review only ~seven years after initial approval.

[🇯🇵 Japan](/jurisdictions/japan/) Medium

Underestimating IR capital requirement

Osaka IR capex ~JPY1.27 trillion (~US$8.9bn); only well-capitalised consortia are viable.

[🇯🇵 Japan](/jurisdictions/japan/) Medium

Confusing pachinko tolerance with legal online access

Pachinko&#x27;s grey-area tolerance does not extend to online gambling, which is prohibited.

[🇯🇪 Jersey](/jurisdictions/jersey/) Medium

Small industry size makes attracting new licensees increasingly difficult

Signals a maturing/contracting addressable market for new entrants.

[🇰🇿 Kazakhstan](/jurisdictions/kazakhstan/) Medium

Non-Kazakhstani entity applying for a licence

Only KZ-registered legal entities may hold licences.

[🇰🇿 Kazakhstan](/jurisdictions/kazakhstan/) Medium

Assuming a B2B supplier licence exists

No B2B licensing pathway exists in the current framework.

[🇰🇪 Kenya](/jurisdictions/kenya/) Medium

No standalone B2B supply licence

Suppliers must route through licensed operators.

[🇰🇪 Kenya](/jurisdictions/kenya/) Medium

Operator exits/re-entries (SportPesa)

Regulatory risk demonstrated by historic withdrawals.

[🇰🇪 Kenya](/jurisdictions/kenya/) Medium

Short licence durations (annual)

Frequent renewal exposure under annual licences, with the additional step of conversion into the GRA regime for licences carried over from the BCLB.

[🇰🇪 Kenya](/jurisdictions/kenya/) Medium

Local incorporation and presence mandatory

No remote-only entry; capital and setup commitment required.

[🇱🇹 Lithuania](/jurisdictions/lithuania/) Medium

Existing online licences must be reapplied before 2026-10-01

Transition risk for incumbents.

[🇲🇴 Macau SAR (Macau Special Administrative Region, China)](/jurisdictions/macau/) Medium

Fiscal dependency ~80.5% of govt revenue

Policy sensitivity to GGR volatility

[🇲🇴 Macau SAR (Macau Special Administrative Region, China)](/jurisdictions/macau/) Medium

Capped promoter numbers

SEF caps gaming promoters per concessionaire

[🇲🇴 Macau SAR (Macau Special Administrative Region, China)](/jurisdictions/macau/) Medium

VIP volatility

Earnings sensitivity to VIP restructuring

[Maryland — State](/jurisdictions/maryland/) Medium

Market saturating (12/60 mobile live)

Consolidation likely; thin runway for small operators.

[Massachusetts — State](/jurisdictions/massachusetts/) Medium

Assuming licence cap availability

16-mobile cap; pathway depends on tethered/untethered/racetrack allocation.

[🇲🇽 Mexico](/jurisdictions/mexico/) Medium

No B2B licence pathway

Suppliers must route through permit holders.

[🇲🇽 Mexico](/jurisdictions/mexico/) Medium

Foreign-operator registration/representative requirements

RFC, local representative and tax domicile obligations.

[🇲🇽 Mexico](/jurisdictions/mexico/) Medium

Permits non-transferable / non-pledgeable

Constrains M&A and financing structures.

[🇲🇽 Mexico](/jurisdictions/mexico/) Medium

Heavy incumbent concentration (Caliente)

Competitive entry barrier.

[Michigan — State](/jurisdictions/michigan/) Medium

Providing public-accommodation wagering devices

Statute prohibits making internet wagering devices available in public accommodations.

[Michigan — State](/jurisdictions/michigan/) Medium

Ignoring compact expiry timelines

1998 compacts expire 2028 (NHBP 2030); affects tribal operator continuity.

[🇲🇦 Morocco](/jurisdictions/morocco/) Medium

Poker subsumed under general prohibition

No standalone poker route; treated as unauthorised game of chance.

[🇲🇦 Morocco](/jurisdictions/morocco/) Medium

Casino licences favour established operators

High barrier; case-by-case state discretion.

[🇳🇵 Nepal](/jurisdictions/nepal/) Medium

Operating outside licensed premises

Off-site/mobile setups prohibited; immediate action.

[🇳🇵 Nepal](/jurisdictions/nepal/) Medium

Assuming licence transferability

Licences are location-specific and non-transferable.

[Nevada — State](/jurisdictions/nevada/) Medium

No standalone online sports betting licence

Mobile sportsbooks must tether to a non-restricted casino licensee.

[Nevada — State](/jurisdictions/nevada/) Medium

DFS without sports betting licence

DFS may be treated as gambling requiring full licensure in NV.

[Nevada — State](/jurisdictions/nevada/) Medium

Entering without casino partner

Most viable route is partnership with an existing land-based casino.

[🇺🇸 New York — State](/jurisdictions/new-york/) Medium

Sweepstakes/prediction-market grey zone

Unlicensed models risk AG cease-and-desist.

[🇳🇿 New Zealand](/jurisdictions/new-zealand/) Medium

Assuming incumbency guarantees an online licence

Even SkyCity must compete in the auction; no automatic grant.

[🇳🇿 New Zealand](/jurisdictions/new-zealand/) Medium

Non-transferable licence assumptions in M&A

Online licences will be non-transferable.

[🇳🇿 New Zealand](/jurisdictions/new-zealand/) Medium

Underestimating EOI vetting depth

Applicants must evidence ownership, compliance history, capital and platform detail.

[North Carolina — State](/jurisdictions/north-carolina/) Medium

Mandatory team/venue/tribe partnership requirement

Operators without a NC partner cannot obtain a licence.

[North Carolina — State](/jurisdictions/north-carolina/) Medium

Statutory licence ceiling (≈11–12)

Effective cap limits late-entrant access despite open framing.

[Ohio — State](/jurisdictions/ohio/) Medium

Treating sweepstakes-casino as fully safe

Grey zone; enforcement posture could shift.

[Oklahoma](/jurisdictions/oklahoma/) Medium

2020 gubernatorial challenge to compact automatic-renewal shows recurring state-tribal legal friction

Future compact amendments (e.g., sports betting supplements) could face similar disputes

[🇵🇦 Panama](/jurisdictions/panama/) Medium

Assuming a B2B licence exists

No standalone B2B pathway; suppliers must rely on operator certification.

[🇵🇦 Panama](/jurisdictions/panama/) Medium

Late licence renewal

Renewal application due 2-3 months pre-expiry; delay risks operational interruption.

[🇵🇭 Philippines](/jurisdictions/philippines/) Medium

Misreading IGL designation

IGL/POGO designation abolished.

[🇷🇼 Rwanda](/jurisdictions/rwanda/) Medium

Legal framework in transition

Rule uncertainty: new gambling law in drafting may change licence terms and obligations.

[🇷🇼 Rwanda](/jurisdictions/rwanda/) Medium

13-month licensing suspension (2024-2025)

Demonstrates regulator willingness to freeze market access during policy review.

[🇷🇼 Rwanda](/jurisdictions/rwanda/) Medium

Small low-income addressable market

~14M population limits revenue ceiling against high fixed compliance/tax cost.

[🇷🇼 Rwanda](/jurisdictions/rwanda/) Medium

EOI shortlisting discretion

Entry is gated by RDB shortlisting — no guaranteed licence on application.

[🇸🇳 Senegal](/jurisdictions/senegal/) Medium

Offshore operation technically illegal

Betting via unlicensed foreign sites is prohibited on the books though unenforced against players.

[🇸🇳 Senegal](/jurisdictions/senegal/) Medium

LONASE commission fees

Cited as a driver of operator exit, compressing partner economics.

[🇸🇳 Senegal](/jurisdictions/senegal/) Medium

Primary statute identity unverified

Loi 94-71 citation could not be located in Senegalese official registers; operative legal basis rests on Loi n° 66-58 du 30 juin 1966 (as amended by Loi n° 75-59 du 2 juin 1975) and Loi n° 1987-43 du 23 décembre 1987 (LONASE monopoly).

[🇸🇳 Senegal](/jurisdictions/senegal/) Medium

Indefinite formal lead time

No standard process; LONASE negotiation timeline unpredictable.

[🇸🇳 Senegal](/jurisdictions/senegal/) Medium

B2B has no pathway

Suppliers can only enter via LONASE partnership, not independent licence.

[🇸🇳 Senegal](/jurisdictions/senegal/) Medium

LONASE full operational control

Technical-partnership model concentrates control and revenue with the monopoly.

[🇷🇸 Serbia](/jurisdictions/serbia/) Medium

Assuming B2B licence exists

No B2B licence pathway; supply only via approved operators.

[🇸🇨 Seychelles](/jurisdictions/seychelles/) Medium

FSA&#x27;s own Act copy is stamped &#x27;not official... convenience only&#x27;

Operators relying on the FSA website copy risk citing a non-authoritative text; the Official Gazette version governs.

[🇸🇰 Slovakia](/jurisdictions/slovakia/) Medium

Foreign representation requirement

Additional structural and personnel obligations for EU entities.

[🇸🇰 Slovakia](/jurisdictions/slovakia/) Medium

TIPOS state monopoly on lottery/bingo

Bingo and lottery verticals closed to private operators.

[🇸🇰 Slovakia](/jurisdictions/slovakia/) Medium

Blacklist-recency bar on applicants

Operators blacklisted in prior 12 months cannot apply.

[🇸🇰 Slovakia](/jurisdictions/slovakia/) Medium

Foreign shareholder EEA/OECD domicile requirement

Restricts ownership structures.

[🇿🇦 South Africa](/jurisdictions/south-africa/) Medium

Assuming a national B2B software licence exists

No national B2B pathway; provincial registration inconsistent

[🇿🇦 South Africa](/jurisdictions/south-africa/) Medium

Underestimating timeline

Provincial licensing typically 12–24 months

[🇹🇼 Taiwan](/jurisdictions/taiwan/) Medium

Expecting near-term private-market liberalisation

Reform is politically sensitive and trajectory is tightening.

[🇹🇼 Taiwan](/jurisdictions/taiwan/) Medium

Treating skill games as exempt

Skill/chance line is fact-specific; valuable stakes trigger prohibition.

[🇹🇼 Taiwan](/jurisdictions/taiwan/) Medium

Casino-resort investment thesis

Casino-resort proposals have repeatedly failed to enact.

[🇹🇿 Tanzania](/jurisdictions/tanzania/) Medium

Local entity and director expectation

Requires onshore incorporation and BRELA/TIN setup.

[🇹🇿 Tanzania](/jurisdictions/tanzania/) Medium

Slot/route new-licence suspension (EMS)

Blocks entry into slot/route segment temporarily.

[🇹🇿 Tanzania](/jurisdictions/tanzania/) Medium

Source-of-funds vetting

Shareholder/director disclosure burden.

[🇹🇭 Thailand](/jurisdictions/thailand/) Medium

No precise statutory gambling definition

Skill-game/social-casino classification uncertain; grey-zone risk.

[🇹🇹 Trinidad and Tobago](/jurisdictions/trinidad-and-tobago/) Medium

Assuming a B2B/software-supplier licence pathway exists today

Draft Licensing Regulations contemplate a Vendor licence category, but these remain in draft/comment stage with no evidence of finalisation.

[🇹🇳 Tunisia](/jurisdictions/tunisia/) Medium

Casino authorisations rarely issued

Even the one legal land-based route is practically closed

[🇺🇸 United States (Federal Layer)](/jurisdictions/united-states/) Medium

Ignoring suitability/background investigations

State suitability reviews of beneficial owners are a key bottleneck.

SRC-US-002

[🇺🇸 United States (Federal Layer)](/jurisdictions/united-states/) Medium

Sweepstakes/social casino assumed safe federally

These sit in a state-variable grey zone under lottery/consumer law.

SRC-US-009

[🇺🇾 Uruguay](/jurisdictions/uruguay/) Medium

Very small addressable market (~3.5M)

ROI for dedicated Uruguay targeting is marginal.

[🇺🇾 Uruguay](/jurisdictions/uruguay/) Medium

No B2B supplier licensing pathway

Suppliers must contract directly with state/concessionaire operators; no independent route.

[🇺🇾 Uruguay](/jurisdictions/uruguay/) Medium

Fragmented regulator structure

DGC, DNLQ and Ursec divide competencies, complicating any private online compliance.

[🇺🇾 Uruguay](/jurisdictions/uruguay/) Medium

Players self-select offshore (CR/Curaçao)

Existing demand leaks to offshore platforms outside Uruguayan authority.

[🇺🇾 Uruguay](/jurisdictions/uruguay/) Medium

Land-based concession exclusivity disputes

Enjoy/Baluma 1992 exclusivity claims can trigger litigation over new concessions.

[🇺🇾 Uruguay](/jurisdictions/uruguay/) Medium

Local presence required for land-based

Physical casino operation requires significant local establishment.

[🇻🇪 Venezuela](/jurisdictions/venezuela/) Medium

SUNAHIP server-localisation nominally required

Hosting in collapsed-infrastructure Venezuela is impractical and risky.

[Virginia — State](/jurisdictions/virginia/) Medium

Permit cap exhausted

Only four to 12 operator permits available outside exemptions.

[West Virginia — State](/jurisdictions/west-virginia/) Medium

Small population (~1.8M)

Limits absolute revenue ceiling regardless of low tax.

[West Virginia — State](/jurisdictions/west-virginia/) Medium

Tether dependency on incumbent racinos

Commercial leverage rests with five facility holders.

[West Virginia — State](/jurisdictions/west-virginia/) Medium

Promotional credit deduction needs prior WVLC approval

Bonus economics depend on advance regulator approval of promo credits.

[Wisconsin](/jurisdictions/wisconsin/) Medium

Poker&#x27;s legal status remains unresolved under the broad ch. 945 &#x27;bet&#x27; definition

Creates compliance uncertainty for any poker-adjacent product offered in or into Wisconsin.

[Wyoming](/jurisdictions/wyoming/) Medium

Skill-based amusement machine placement in grocery stores/non-&#x27;establishment&#x27; locations after April 1, 2026

SF46 would make such locations ineligible for permit renewal, a live legislative crackdown on the current skill-game grey zone.

[Wyoming](/jurisdictions/wyoming/) Medium

Assuming an online-casino/iGaming licensing pathway exists in Wyoming

No B2C or B2B iGaming licence exists; HB162 stalled Feb 2025 and no enacted statute currently authorizes real-money online casino products.

[🇿🇲 Zambia](/jurisdictions/zambia/) Medium

Small population

Limited addressable market caps revenue potential.

[🇩🇿 Algeria](/jurisdictions/algeria/) Low

No single positive statutory definition of gambling

Prohibition derived from combined statutes; charging proceeds on enforcement basis.

[🇧🇪 Belgium](/jurisdictions/belgium/) Low

Virtual betting excluded

2024 Council of State ruling narrows scope.

[🇧🇷 Brazil](/jurisdictions/brazil/) Low

Lottery state monopoly (Caixa)

Lottery product closed to private entry.

[🇧🇷 Brazil](/jurisdictions/brazil/) Low

150+45 day review timeline

Extended time-to-market.

[🇧🇷 Brazil](/jurisdictions/brazil/) Low

Authorisation non-transferable

Constrains M&A/transfer structuring.

[🇨🇲 Cameroon](/jurisdictions/cameroon/) Low

Small low-income addressable market

~US$134m by 2029 limits scale despite growth.

[🇨🇲 Cameroon](/jurisdictions/cameroon/) Low

Online dubious-legality framing in some sources

Secondary commentary disputes practical online enforcement, complicating risk read.

[🇨🇲 Cameroon](/jurisdictions/cameroon/) Low

Non-transferable licences

M&A and licence-trading routes are blocked.

[Canada — Kahnawake](/jurisdictions/kahnawake/) Low

The regulator&#x27;s own &#x27;Permit Holders&#x27; page text says &#x27;four types&#x27; of licence while listing five, and the homepage separately states &#x27;five types&#x27;.

Internal documentation inconsistency on the number of licence classes issued is a basic integrity signal for the regulator&#x27;s public-facing materials.

[Canada — Kahnawake](/jurisdictions/kahnawake/) Low

No GGR, market-size, or fee-schedule figures are published in any retrieved source despite a confirmed August 2026 fee increase.

Absence of published financial/market metrics limits independent verification of the regime&#x27;s commercial scale and cost-to-operate.

[🇭🇷 Croatia](/jurisdictions/croatia/) Low

15-year licence term

Long commitment; capital lock-in.

[🇩🇴 Dominican Republic](/jurisdictions/dominican-republic/) Low

Non-transferability in first three years

Constrains M&A/exit during early licence life.

[🇩🇴 Dominican Republic](/jurisdictions/dominican-republic/) Low

Cruise-ship casino licensing under Res. 164-2026

New specific regime for maritime casino operators.

[🇩🇴 Dominican Republic](/jurisdictions/dominican-republic/) Low

Foreign operator local-entity requirement

Requires Registro Mercantil and RNC registration.

[🇪🇪 Estonia](/jurisdictions/estonia/) Low

Increasingly iterative review process

Brand/T&C changes trigger follow-up rounds, extending timelines.

[🇪🇪 Estonia](/jurisdictions/estonia/) Low

Small domestic population ~1.3m

Domestic ceiling forces cross-border reliance.

[🇪🇪 Estonia](/jurisdictions/estonia/) Low

Per-game-type separate licences

Multi-product entry multiplies application workstreams.

[🇩🇪 Germany](/jurisdictions/germany/) Low

Video poker not licensable

Limits poker product variants.

[🇩🇪 Germany](/jurisdictions/germany/) Low

Max 4 simultaneous poker tables

Constrains multi-tabling and poker revenue.

[🇩🇪 Germany](/jurisdictions/germany/) Low

Social/political betting prohibited

Non-sport event betting prohibited.

[🇩🇪 Germany](/jurisdictions/germany/) Low

Pool/tote betting state monopoly

Tote remains monopolised.

[🇬🇭 Ghana](/jurisdictions/ghana/) Low

Annual licence renewal

Recurring compliance and fee exposure.

[🇬🇮 Gibraltar](/jurisdictions/gibraltar/) Low

Sweepstakes and social-casino platforms remain outside Gibraltar&#x27;s licensing perimeter

Growing competitive-distortion risk for licensed incumbents now facing higher fees, AML obligations and 40% UK duty exposure, while unlicensed adjacent products face no equivalent cost base.

SRC-GI-006

[🇬🇷 Greece](/jurisdictions/greece/) Low

Greek-language site/documentation

Localisation and translation cost.

[🇭🇰 Hong Kong SAR](/jurisdictions/hong-kong/) Low

Relying on stable HK domain access

Targeted IP blocking and offshore self-blocking of HK access

[Illinois — State](/jurisdictions/illinois/) Low

College sports wagering ended Jul 2024

Illinois collegiate betting prohibited from 1 Jul 2024.

[🇮🇪 Ireland](/jurisdictions/ireland/) Low

Assuming combined in-person/remote licence available

Combined licences not initially available; separate applications required.

[🇮🇪 Ireland](/jurisdictions/ireland/) Low

Treating National Lottery activity as GRAI-licensable

National Lottery is separately regulated and excluded.

[🇰🇪 Kenya](/jurisdictions/kenya/) Low

Falling winnings payouts (tax squeeze)

Lower payout ratios may erode player base.

[🇱🇹 Lithuania](/jurisdictions/lithuania/) Low

B2B licence-class ambiguity

Suppliers may face uncertain accreditation obligations.

[🇱🇹 Lithuania](/jurisdictions/lithuania/) Low

Lottery is monopolised

Lottery product not openly accessible.

[🇲🇴 Macau SAR (Macau Special Administrative Region, China)](/jurisdictions/macau/) Low

Non-gaming investment trigger

GGR>MOP180bn triggers extra 20% non-gaming spend

[🇲🇴 Macau SAR (Macau Special Administrative Region, China)](/jurisdictions/macau/) Low

Below pre-pandemic revenue

Tax-take ~21.8% below 2019

[🇲🇴 Macau SAR (Macau Special Administrative Region, China)](/jurisdictions/macau/) Low

Bingo not approved

Bingo cannot be offered as a game of chance

[🇲🇹 Malta](/jurisdictions/malta/) Low

10-year licence renewal process

Renewal mirrors full application burden.

[Maryland — State](/jurisdictions/maryland/) Low

Retail consolidation (Canton Gaming closures)

Retail footprint contracting; smaller B operators exiting.

[🇺🇸 New York — State](/jurisdictions/new-york/) Low

B2B suppliers lack standalone licence

Suppliers depend on operator approval and NYSGC technical standards.

[🇳🇿 New Zealand](/jurisdictions/new-zealand/) Low

Treating community returns as required for online

Online casino licensees are not required to make community returns.

[North Carolina — State](/jurisdictions/north-carolina/) Low

Retail venue sportsbooks authorised but not opened

Second-phase retail upside delayed by sequencing and venue agreements.

[North Carolina — State](/jurisdictions/north-carolina/) Low

Catawba online partner not yet activated

Tribal online slot under-utilised; partnership opportunity but uncertain.

[Ohio — State](/jurisdictions/ohio/) Low

Assuming MSIGA/interstate poker liquidity

Ohio is N/A for MSIGA; no online poker.

[Quebec — Canada (province)](/jurisdictions/quebec/) Low

No published online-only GGR

Market sizing relies on estimates not regulator data.

[🇷🇼 Rwanda](/jurisdictions/rwanda/) Low

No B2B licence pathway

B2B suppliers lack a direct licence route pending new legislation.

[🇷🇼 Rwanda](/jurisdictions/rwanda/) Low

Underreporting concerns flagged by regulator

RDB cites weak reporting historically; heightened audit scrutiny likely.

[🇷🇼 Rwanda](/jurisdictions/rwanda/) Low

Local entity requirement

Foreign operators must incorporate locally; adds setup cost and time.

[🇸🇳 Senegal](/jurisdictions/senegal/) Low

Casino games restricted for locals

Local players may be restricted from traditional casino games.

[🇸🇳 Senegal](/jurisdictions/senegal/) Low

Low-income market

Small per-capita spend constrains absolute revenue despite high participation.

[🇸🇳 Senegal](/jurisdictions/senegal/) Low

GGR projection is sector-coverage, not regulator data

USD 2.1bn figure is T2/T3 press, not an official statistic.

[🇷🇸 Serbia](/jurisdictions/serbia/) Low

Using &#x27;casino&#x27; branding without casino licence

The word &#x27;casino&#x27; is reserved for licensed casino operators.

[🇸🇰 Slovakia](/jurisdictions/slovakia/) Low

No standalone B2B operator agrément

B2B suppliers must route through game-level licensing.

[🇺🇬 Uganda](/jurisdictions/uganda/) Low

Local incorporation mandatory

Adds entity-setup cost and time to market.

[🇺🇬 Uganda](/jurisdictions/uganda/) Low

Thin professional-services ecosystem

Limited local adviser depth for entrants.

[🇺🇬 Uganda](/jurisdictions/uganda/) Low

Annual 1 Jan–31 Dec licence cycle

Renewal timing risk; gaps could halt operations.

[🇺🇾 Uruguay](/jurisdictions/uruguay/) Low

Football body earns only ~USD 500,000/yr from Supermatch

Indicates small commercial base for sports-betting partnerships.

[West Virginia — State](/jurisdictions/west-virginia/) Low

Surety bond requirement

Operators must post a surety bond in form approved by WVLC.

[West Virginia — State](/jurisdictions/west-virginia/) Low

Office space provision to WVLC at no cost

Operators bear physical compliance accommodation obligation.

[West Virginia — State](/jurisdictions/west-virginia/) Low

Single-regulator concentration (WVLC)

All verticals depend on one body; policy shifts have broad impact.

[West Virginia — State](/jurisdictions/west-virginia/) Low

Material change in MSP contract needs WVLC approval

Contract amendments cannot take effect without regulator approval.

[🇿🇲 Zambia](/jurisdictions/zambia/) Low

Local incorporation mandatory

Foreign operators must establish a Zambian entity, raising entry cost/time.

[🇿🇲 Zambia](/jurisdictions/zambia/) Low

Poker subsumed under casino licence (no standalone statute)

Online poker sits in grey zone within casino framework.
