Find banking partners for your Luxembourg is iGaming business

Despite its population of just 600,000 people, Luxembourg is a major online gaming country, with a market worth around €107m - and projected annual growth of 7%. The Luxembourg is are some of the biggest gamblers in Europe, so it’s an attractive country for iGaming firms.

iGaming in Luxembourg is a little confusing, however. While it is perfectly legal to run an iGaming website in the duchy, there is currently no application process available.

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Challenges for Luxembourg online gaming firms

The biggest challenge for an online gaming firm wishing to launch a website in Luxembourg is the lack of obvious route to getting a license in the country. Although it’s legal to operate iGaming websites there, there are no companies who have an online gaming license yet. This means any locally based firm wishing to participate in iGaming may find the process of getting up and running very onerous.

Who regulates online gaming in Luxembourg?

The Ministry of Justice is responsible for regulating the iGaming marketing in Luxembourg. There is currently no publicly available information about the licensing process for online casinos and sportsbooks in Luxembourg.

Discover Luxembourg iGaming payment solutions with iGaming Core

Although the process of getting a Luxembourg iGaming license is currently unclear, there is nothing stopping websites outside the country from accepting Luxembourg is gamers. To receive payments from Luxembourg iGamers, you will need a payment account that can accept Luxembourg players. iGaming Core can help you by:

•   Learning about your operations, business structure, license type and target market
• Advising you on suitable payment accounts to receive payments from Luxembourg players
• Locating a partner to process payments from Luxembourg is gamers
• We can introduce you to Luxembourg iGaming compliance consultants

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Luxembourg card processing for online casinos and bookmakers

Gamers from Luxembourg are used to using e-wallets such as PayPal, Skrill and Neteller when making deposits on foreign iGaming websites. Bank transfer methods like Sofort and Giropay are also popular. All major credit cards are used widely in Luxembourg, as are prepaid cards.

Contact us today to start accepting payments from Luxembourg-based visitors to you iGaming website

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