In recent years it has become increasingly difficult for gaming companies to manage their financial and banking operations due to many new restrictions made by banks, payment companies and financial regulators around the world.

One of the outcomes of this is that gaming companies and even gaming affiliates are changing their legal structure and operations, while taking into consideration the new restrictions and options.

In this article we will see what is happening in the industry, what are the pros and cons for an offshore legal structure vs onshore and try to offer several solutions.

In the past there were no problems or difficulties for a gaming company operating online casino/betting/skill game/sports betting, etc. to open offshore corporate bank accounts in top countries in Europe. Countries such as Cyprus, Malta, Gibraltar, etc. welcomed gaming companies whether they were an operator, affiliate or marketing. Few questions were asked and there was no problem to accept and send direct wires to players.