Let's Talk About Licensing in Costa Rica

[isetcap]

If you have a license to operate a sportsbook in Costa Rica, what exactly does that mean? How much does it cost? Is there an agency that checks up on their licenses.

I get the impression that a Costa Rica license means that you have paid off the government so that no government-funded goons will show up at your door with AK47s demanding that you shut down. Beyond I imagine it's just words to fill up your website and give players a false sense of security. Is there more to it than this?

[Bill Dozer]

There is no sportsbook license in CR. Some of them pay for a business license. A while back the gov said they were going to start charging for bm licenses but after a few of the big boys paid it, the plan was scrapped and it is was not enforced.

[bigboydan]

alot of books either moved or threatened to move if i remember correctly when all this talk went on.

[isetcap]

So essentially any book from Costa Rica is an unlicensed and therefore unregulated institution...

[JoshW]

J-O-K-E Lot of good books operate out of CR, but damn near every book that every stiffed was from CR too.

[althelegend]

Apparently it is much cheaper to operate a book from Costa Rica than from other places.