Designing the best solution for crypto gambling projects

The crypto gambling industry is growing at unprecedented rates. From GameFi to crypto casinos and betting platforms, virtual assets have brought a new breath into the industry of online gaming. Making use of faster transactions, new representations of values (NFTs, tokens), and smart contracts, we are witnessing a new era of financial games.

As golden times began in times of high regulation, new projects need guidance. Navigating the environment of the laws pertaining to crypto licensing and to gambling licensing can be time and mind-consuming. This is where LegalBison intervenes: to relieve crypto gaming projects from this burden and let them focus on growth and development.

Crypto Gambling Companies: Challenges at Hand

For over a hundred projects, LegalBison’s goal has been to provide crypto, gambling, web3 gaming (GameFi), and other services to very different clients and projects.

From setting up a company in a jurisdiction that is immensely popular among entrepreneurs to getting tried and proven crypto gambling solutions, there are usually two main challenges along the way.

Getting legal clarity on crypto gambling

For example, an international service provider got in touch with LegalBison in search of a suitable legal landscape for crypto and gambling. The client’s main priority, apart from incorporating a business, was to find out more about the plausible jurisdictions outside the EU that could provide legal certainty without rigorous compliance rules.

Providing jurisdiction-based services

The end goal of this service provider’s project was to provide its clients with confirmed solutions in the sphere of crypto gambling. A few jurisdictions seemed like the perfect place for that, given their lenient legal landscape, but the service provider required more details on the administrative side of the process.

Solutions with LegalBison

Our client’s representative contacted LegalBison’s consultant, Kirill Gussev, inquiring about the possible options for providing crypto gambling services with a suitable corporate structure. Kirill, in turn, guided the full procedure from A to Z.

Informing the client on the benefits of our time-tested jurisdictions

First and foremost, it was crucial to bridge the gaps in the client’s knowledge about the corporate structures that are most optimal for crypto and gambling businesses in 2025. During the initial discussion, our consultant gathered all the necessary information about their expectations and requirements, among which were:

• Enabling crypto gambling environment;
• Fast and easy company incorporation process;
• Relatively low business conduct costs.

LegalBison provided its client with factual and up-to-date information on the company formation process in various countries. Our consultant Kirill explained in detail why these jurisdictions tick all the boxes for crypto and gambling solutions.

Providing all-around assistance with company formation for crypto gaming

LegalBison geared its client toward a jurisdiction that offers a fast company incorporation process with the possibility of fully remote incorporation and no need for notarizing the documents. It was the ideal option. Kirill informed the representative about the company formation process and the required steps. Once given the green light, Kirill assisted in initiating the incorporation process.

The launch of a crypto gaming company

Now that a proper corporate structure is set, the project can offer crypto and gambling services to its clients, with unprecedented ease of business. LegalBison stays in touch with the client around the clock, ready to provide prompt assistance and information on any changes in the current framework.

Building a successful partnership with our client

So far, the solution designed by Kirill has proven to be the most beneficial jurisdiction for his client, due to its favourable environment and ease of doing business in the crypto and gambling sectors. Now that more and more crypto businesses are striving to find incorporation and licensing solutions that would be an alternative to MiCA in the EU, LegalBison is geared up to consult and assist.

What did LegalBison do?

• Found a perfect jurisdiction for crypto gambling;
• Laid out the benefits of incorporation and licensing;
• Assisted the client with opening a gambling & crypto company.

How did LegalBison do it?

Kirill at LegalBison took into consideration the main requirements of the client — a positive crypto environment, the possibility of remote incorporation, and cost-effectiveness — and proposed the most optimal solution. Once approved, Kirill oversaw the whole incorporation process, including gathering the necessary documentation and communicating with the local authorities. The whole incorporation process took LegalBison less than 10 business days.

The benefits of working with LegalBison

LegalBison not only provided Kirill’s client with the optimal solution but also undertook every stage of the incorporation procedure. Before commencing the company formation process, LegalBison’s consultant helped the client decide on establishing a legal entity in a crypto-gambling-friendly jurisdiction. Today, LegalBison remains the reliable legal partner of this crypto gambling project, ready to provide prompt assistance and inform about any shifts in the frameworks worldwide.