The unregulated market business model generally relies on two components, the licensing hub (aka “.com licences”) and the target jurisdiction. In some cases, operators may forego the former and operate from tolerant jurisdictions which turn a blind eye or do prohibit online gambling operations.

The global online gambling market is predicted to reach revenues  of USD107B in 2024. In addition the skill based gaming global market size is projected to grow from revenues of USD35.61 billion in 2023 to USD85.34 billion by 2030.

In a recent announcement, the Curacao Gaming Control Board (GCB) has extended this deadline from 31 March to 30 April, 2024. The decision comes in response to logistical challenges faced by some sublicensee applicants, causing delays in processing applications.

Finland's gambling scene is undergoing a significant reform and update. The longstanding state-owned monopoly of Veikkaus is set to be replaced with a licensing system by 2026, signalling a shift in the nation’s approach to gambling regulation.

After numerous twists and turns, Latin America's most populous country is open for legal gaming business.

A new draft gambling legislation referred to as “Landsverordening op de kansspelen” or “LOK" is in the process of being reviewed and voted on by the Curacao parliament.