New iGaming platform approvals typically take between four and eight months to finalize. Business Development Manager Felipe Reinner at My Gaming License outlines five procedural errors that extend this timeline and increase startup costs.
Common Licensing Oversights
Platform developers frequently encounter approval delays due to initial strategic choices. Reinner notes that selecting a mismatched regulatory jurisdiction and miscalculating licensing fees are key factors that slow down market entry. These early oversights often remain undetected until regulatory rejections or unexpected financial statements occur.
Operational sequencing and vendor verification also impact launch schedules. Operators who arrange banking partnerships before securing regulatory approval face additional review periods. Incomplete payment service provider due diligence and excessive preliminary research further postpone deployment, as teams prioritize analysis over direct implementation.