What all licenses do you need to run a betting website

harsh · Post time 31-8-2023 22:54:52

Running a betting website requires a line of responsibilities and approvals from different bodies and the government. What are some of these main licenses available for running in India?

dharmendar · Post time 1-9-2023 00:02:31

Firstly, running a betting website is legalized in only a few states like Goa, Sikkim, and Nagaland. Approval from any of these bodies is required. It costs about INR 50,000 to obtain a license in Nagaland and also comes with a series of additional charges.

gulab · Post time 1-9-2023 00:33:12

Not many states in India offer such licenses. For instance, Nagaland is a popular choice for obtaining an online gambling license and costs INR 50,000 as a non-refundable charge and an additional INR 1 lakh as an annual charge for a game offered. The price increases with the number of games hosted and could go up to INR 25 lakhs per year.

gautam · Post time 1-9-2023 00:59:41

The Central government doesn’t endorse much online gambling. However, states like Nagaland, Sikkim, and Goa offer their own legislation and platforms for gambling.