The online gaming and gambling industry continues to be impacted by rules and regulations, many of which have shut down online gaming and gambling sites. With these changes many companies have turned to offshore jurisdictions that welcome online gambling casinos. Jurisdictions within Central America and the Caribbean have become some of the most popular places to locate these online gambling sites.
Two of the more popular jurisdictions have become the soverign nations of Costa Rica and Panama. These jurisdictions allow online casinos to be operated within their legal system as a standard business provided they comply with country laws. Costa Rica in particular is gaining popularity, when compared to traditional offshore gambling jurisdictions such as Malta, because of the low startup and maintenance costs.
Setting up an online gaming or gambling site within either of these jurisdictions is relatively straightforward and will of course require standard due diligence when creating the corporation. We have a system of attorneys, banks and other necessary business services to streamline the procedure. If you would like to find out more about how Miami Offshore Services can assist you with setting up your online gaming site in Costa Rica or Panama, don’t hesitate to contact us.
