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Registering your company and obtaining a license will cost around €220 000. The costs may vary depending on the member state of origin. If you are from a state that is not in the European Union, the costs will be higher.
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The other side: Many customers place bets months in advance, and those wagers would be difficult to manage for temporarily authorized sportsbooks that are denied a permanent license, says Justin Smith, legal counsel for Bally's Interactive.
¡°It¡¯s likely that our costs are exceeding the budget, based on the bids that came in,¡± Larking said, adding that any extra gaming-tax revenue would help fill any funding gap.

Here¡¯s an example on variable payout percentages:


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