USA
Opening an online casino in the US has long been considered a difficult task due to strict gambling laws. However, today there is an alternative - a legal format known as Sweepstakes. This is an online entertainment model in which users get the opportunity to win prizes without making a mandatory purchase. The key element is the presence of a free way to participate (for example, through "free entry" or "mail-in"), which allows you to comply with US law with the right legal structure of the project.
What is Sweepstakes and what is its essence
Sweepstakes is an online gaming format in which users get a chance to win prizes without making a mandatory purchase. The main condition for legality is the presence of a free way to participate, for example, through "free entry" or sending an application by mail. This makes the project legally clean if implemented correctly.
Advantages of the model for business
The sweepstakes format gives entrepreneurs a number of competitive advantages:
- Legal launch without a gambling license
- Ability to operate throughout the United States
- Monetization through the sale of virtual coins
- Quick start with minimal risks
- High attractiveness for users
This approach is ideal for online casinos with game elements, while all legal regulations are observed.
Legality Guarantee: Legal Opinion
One of the key elements of launching a project is obtaining a Legal Opinion — an official conclusion from a licensed US lawyer confirming that your business complies with the law. Such a document is required to open bank accounts, work with payment systems and launch advertising.
Additionally, it is possible to open a corporate bank account in CBiBank (Puerto Rico), which is completely implemented remotely. The bank offers multi-currency accounts, corporate cards, e-commerce support and compatibility with international payment systems (SWIFT, SEPA, UnionPay, etc.). It is regulated by the IFE Act and is part of the US Federal Reserve System.
Jurisdiction Choice: Wyoming or Delaware
Both jurisdictions provide flexible conditions and are recognized among entrepreneurs as some of the best in the USA.
If you want to quickly and legally enter the US market with an online casino project, the Sweepstakes model and support from IT-OFFSHORE will help you achieve this goal with minimal risks.
Contact IT-OFFSHORE specialists to get a personal consultation and start your project today.
Ready-made companies with bank accounts
Or you've already got own business and there is a need to expand the scope of activities. To avoid the loss of time and effort to register juridical individuals, you can arrange a ready-made company. You will have a fully prepared company with a package of documents, which is mandatory for conducting a full-fledged activity.
Companies with licenses
Buying a ready-made company is the best option for operational business development in a new industry, as well as the need to expand the scope of the existing organization increase its scale. Acquisition of a company with mandatory permits and license means the ability to enter a new market in a short period of time.
Banks
Acquisition of a ready-made bank allows you to save time, as well as quickly carry out all reissuing operations. On average, the procedure takes about one day. As a result, the client becomes the head of the bank, which already has a client base, as well as status in the market and ready staff. Our company conducts all operations in accordance with existing legislation.
Funds
Investment fund is a modern investment tool designed for all types of assets. The purpose — managing of assets as well as solving number of tasks in a way that works best for individuals. There is no open subscription, meaning that a private investment fund has a closed structure. This is the most optimal solution for distributing capital through broad instruments.
SEMI for sale
When conducting business related to foreign exchange transactions, electronic money and cryptocurrencies, it may be necessary to open a financial company with a SEMI license. This type of license covers the production of debit cards and cryptocurrencies, the acceptance and sending of payments, the execution of transfers from third parties, and the opening of merchant accounts.
Crypto Offshore
When working with cryptocurrency it is important to choose the right country, where it is most profitable to open a company. Each country has a different attitude towards this type of currency. A country that has a loyal or positive attitude towards cryptocurrency can be called a crypto-offshore.
