SUCCESS STORY

Success Story: Updating the Banking Framework for a Continuous Online Casino in Response to Stricter Regulations

Opening Bank Account and Crypto Payments for an Online Casino

Industry

Online Gaming

Jurisdiction

Europe

Timeline

Efficient Setup

Our Process

GBO’s successful completion of this project demonstrates our ability to deliver tailored solutions in the online gaming industry in a timely and efficient manner. Our comprehensive approach, which includes everything from legal compliance to technical setup, demonstrates us role as a one-stop shop for gaming companies looking to make a name for themselves in the digital world.

The Challenge

The gaming company needed a new financial solution after its existing bank restricted gaming-related transactions and delayed incoming US dollar payments.

Existing account closed

USD transfer delays

Gaming classified as high-risk

Crypto payment requirements

Our Solution

GBO identified a European financial institution supporting EUR and USD payments through SWIFT and SEPA, while also introducing a suitable crypto solution.

European gaming bank account

EUR & USD support

SWIFT & SEPA

Crypto payment solution

The Outcome

The company established a European bank account tailored to its operations while retaining its existing legal entity and gaining access to additional crypto payment capabilities.

No new EU entity required

Banking structure established

Incoming transfers consolidated

Crypto payments supported

The Value Delivered

GBO provided a coordinated banking and payment solution designed to address the operator’s specific financial and compliance requirements.

Banking Continuity

A suitable European financial institution provided an alternative banking structure for the gaming operation.

Compliance Support

GBO assisted with documentation and compliance responses throughout the financial institution’s due-diligence process.

Crypto Payment Access

The operator was introduced to a crypto solution supporting more flexible payment options for its gaming business.

Every gaming business has different banking and payment requirements. Our role is to understand those requirements, identify suitable financial partners and coordinate the onboarding process so the resulting structure supports the operator’s actual business model.

Gilad Oren

CEO, GBO Lisencing

By combining banking expertise, compliance guidance and access to crypto payment solutions, GBO helped the operator establish a more suitable financial infrastructure while maintaining its existing corporate structure.