In an attempt to fill a gap in the state budget, Illinois legislators have come up with a proposal for six new casinos in the area. According to expectations, these establishments could generate $1 billion in license fees. The state charges $100,000 for setting up a casino, plus $30,000 for each slot machine or seat at a blackjack table.
Within a week, New Jersey became the third state to legalize online gambling, authorizing the issue of both online poker and online casino licenses to casinos in Atlantic City. In April 2013, the first legal online gambling site in the United States went live in Nevada. The new Illinois Gambling Act of 2019 allows online sports betting in Illinois, although it does not legalize other types of online casino games or online poker. Since 2012, the Illinois Lottery has provided residents and visitors to play Powerball, Mega Millions and other games from their computers or mobile devices.
However, the state currently has a gruelling negative balance of $12 billion. In order to set the bill straight with fees for new casino operators, a total of 72 will have to be set up.
Given the almost 10 million residents of Illinois that are of age to gamble, the market may well have a potential to accommodate such a number of new gaming parlors.
These days taxes collected from existing gambling facilities provide an insufficient amount to tackle the state’s financial needs so the only viable solution lies in counting on new casinos’ license fees.
After all, since universities rely on fees to balance their budgets, why can’t the state also do so?
SoftSwiss software is a trustworthy and reliable baseline for starting an iGaming brand. We offer stable certified software for online casinos and sport betting operations. Holding a number of gambling licenses we provide one-stop White Label solutions and various operation services for our clients. For years of working in the industry, we gained significant experience handling national regulators and obtaining gambling licenses in different jurisdictions.
Gaming licenses we work with
Curacao is one of the most popular jurisdictions when it comes to gambling licenses. The license lets you run your iGaming business pretty much all over the world. Since 2014 SoftSwiss has held its Curacao remote gaming license. This enables us to provide our popular White Label Casino and White Label Sportsbook to dozens of happy clients. Moreover, the Curacao license openly allows the use of Bitcoin and other cryptocurrencies! This provides the legal ground to our “instant classic” Crypto Casino and Crypto Sportsbook solutions.
Malta is the top choice among gaming licenses and is the first country in the European Union to introduce remote gambling regulations. The Malta Gaming Authority (MGA), one of the most prestigious licensing bodies on the globe, issues gaming licenses to casino platform providers to run White Label Casino and White Label Sportsbook operations worldwide.
Estonia is a relatively small market, but the local gaming legislation is very progressive. The Estonian license allows for participation of players from abroad, while the tax burden is not in the high range. Under the Estonian license SoftSwiss provides White Label Casino and White Label Sportsbook solutions. This became possible in 2019 after our acquisition of the local company Kingswin Online OÜ. Naturally, our gaming platform is all certified for working in Estonia, too.
The online segment of the gambling market in Belarus opened up in 2019. Gambling licenses are issued by the Ministry of Sport and Tourism. The SoftSwiss gaming platform was certified for operation in the official Belarusian iGaming market in 2020.
The Belgium Gaming Commission is an authority with the sole responsibility for licensing land-based and online gaming in Belgium. The SoftSwiss online casino platform has been officially approved for operation by the Belgium Gaming Commission since 2017.
Online gaming in Germany will become regulated in H2 2021. SoftSwiss is actively preparing its online gaming software platform to be compliant with the German requirements, so it is fully ready for participation in the newly regulated market once it becomes active.
BGaming, the game development studio backed by SoftSwiss, is officially licensed and certified by the Swedish Gaming Authority (SGA). This means their sharp-looking casino games can be played in Sweden!
Illinois Gaming License Fee
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Сoming soon! SoftSwiss is in the process of securing a remote gaming license in the Philippines.
Illinois Gambling License
Сoming soon! SoftSwiss is currently applying for a remote gaming license in Serbia.
Сoming soon! SoftSwiss is currently applying for a remote gaming license in Greece.
Сoming soon! SoftSwiss is preparing for being issued a remote gaming license in Ghana.
BGaming, the game development studio backed by SoftSwiss, is officially licensed and certified by The Isle of Man Gambling Supervision Commission. This means their sharp-looking casino games are available to all casinos working under the Isle of Man license!
SoftSwiss White Label solution is a legitimate way to start an iGaming brand. This popular solution includes operating under the SoftSwiss gambling license, instead of obtaining it individually.
We have a solution for starting a White Label casino
State Of Illinois Gaming License
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