Getting a Betting Licence in Kazakhstan’s Amusement Industry

Sportsbooks are ubiquitous in this country, unlike other types of gambling businesses. Just betting shops have not been banned by the state. Currently, casinos, poker rooms, slot machine halls, and other establishments are only allowed in 2 gaming zones and are severely persecuted in other regions.

It should be noted that the situation is quite different for bookmakers. More interestingly, the niche is already developed enough to compete, but it is not yet overfilled. Therefore, the conditions for opening businesses in this market are fantastic. Let us figure out how to receive a licence for betting activities in Kazakhstan.

We have already helped our clients more than once with the opening of sportsbooks, sweepstakes, and their licensing. Therefore, we are well-versed in Kazakhstan’s gambling laws. Order your consultation now!

Gambling Legislation of Kazakhstan

Betting shops can be opened with a licence. This document is issued by the Committee for Sports and Physical Culture with the participation of the Ministry of Culture and Sports.

Licenced operators can organise the work of bookmaker offices in any locality and online. However, permission for Internet activities can be issued only to companies that have already received a licence for land-based betting shops.

The time limit for making a decision is 15 days. Kazakhstani permit holders pay a fee of $3,695.83 once a year.

Each establishment should pay additional taxes. More precisely, monthly deductions must be made for using the cash register:

• regular pay-box — $866.21;
• electronic cash register — $11,549.46.

However, unlike the laws of the United States, there is no rule to tax winnings. That is why customers are happy and open to placing bets.

A package of documents for obtaining a licence for betting activities includes:

• an application;
• copies of documents confirming the identity of the applicant;
• a resume, the occupation of the submitter;
• a copy of the check confirming the payment of the fee for consideration of the application;
• the information about the presence of a building/premises for carrying out activities;
• the data on equipment for doing business;
• the information about the organisation of the company’s security and its representative offices;
• the charter of the gambling enterprise in Kazakh;
• a copy of the agreement with a banking institution of the Republic of Kazakhstan regarding the opening of a deposit in the amount of 40,000 MCIs (monthly calculation index — the equivalent of the subsistence level).

What Currencies Are Used in Local Betting Shops

The most popular monetary unit among bookmakers, of course, is Kazakhstani tenge, KZT. Although some gambling establishments also accept international currencies: USD, EUR, GBT, etc.

Deposits and withdrawals are carried out through well-known online payment systems: Qiwi, MasterCard, Visa, WebMoney, etc. Therefore, the funds can be easily converted into convenient dollars or euros even within the platform.

Due to this, the difficulties associated with the withdrawal of funds practically do not arise, even if the site owner plans to operate the business from another country.

How to Start a Business in Kazakhstan without Receiving a Permit?

We do not recommend breaking the law. The illegal organisation of gambling activities entails huge fines and even imprisonment in the country.

However, there are still ways to get started without going through the licensing process. We have already mentioned that only operators who are ready to conduct land-based business can obtain a permit for working online in Kazakhstan. Those companies that are already legalised can come to your rescue.

It is possible to agree on a partnership with a permit holder, thus closing the licensing issue once and for all.

This is not a franchise in the classical sense. Nevertheless, it is a great way to start a legal job without violating a single letter of the law.

On the other hand, a regular franchise will also be a great way to start a project with minimal investment, no matter how trite it may sound. The franchisor can give you knowledge and working schemes for doing business and help with organising and solving bureaucratic issues.

However, it is worth remembering that you will have to transfer part of your earnings to the parent company monthly (or in any other agreed mode). Any of these methods are completely legal and quite suitable for starting a business.

The Advantages of Buying a Ready-Made Online Bookmaker Project

The development of a sportsbook start-up is an interesting and even creative process. Nevertheless, in the case of Internet gambling establishments, to open a business independently, the owner needs to know programming languages and have the necessary skills to design sites and promote them.

The biggest expenses do not even concern money but time and nerves. It is much easier to shift some tasks onto the shoulders of people who understand online gambling. They will create a suitable site and select good software. Besides, the specialists will help you with obtaining a valid licence.

This is one of the main reasons why turnkey bookmaker start-ups are so popular today. What is even more remarkable: the faster you launch the site, the quicker you will recoup the invested funds.

Open Your Bookmaker Project as Fast as Possible with Bett-Market

If you are serious about creating a gambling business, start by looking for a reliable partner. The personal manager of the Bett-Market company and our entire team will guide and support you at every stage.

Bett-Market operates in the international gambling market and is well-versed in the legal aspects of the gaming industry in different jurisdictions. Kazakhstan has its advantages and pitfalls, and we can help you gain benefits and avoid difficulties.

Entrust us with opening a bookmaker office in Kazakhstan, creating a betting site from scratch or obtaining a licence — and you will be satisfied with the cooperation.

The Main Things about the Sportsbook Business in Kazakhstan

• By obtaining a local licence, the operator can organise a bookmaker office in any locality of the country. The application for opening is considered within 15 days. After receiving a work permit, the candidate can start an online project under the same licence.
• Kazakhstani bookmakers offer their customers convenient payment methods. As a rule, most settlements are performed in tenge, but anyone can use currency transfers through bank cards or electronic systems.
• It is possible to work in the amusement market of Kazakhstan without a licence. To do this, the operator needs to agree with a locally certified company. This is not a franchise in the direct sense but a specialised partnership agreement. It includes only a sublicence; the remaining components of the project are under the control of the operator.

We provide detailed advice on any legal and organisational issues and are ready to develop a step-by-step strategy specifically for your start-up.

Our catalogue contains the latest novelties of the market:

• software for fantasy and cyber sports;
• virtual betting programs;
• turnkey platforms;
• lottery software;
• franchise programs, etc.

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