Choose the iGaming licence before you incorporate
The licence home, the holding company and the payment stack are three coupled decisions. Sequence them, or you redo the first two.
Founders often incorporate first, then shop for a licence that appears to fit the company. That sequence is backwards. Target markets, advertising rules and PSP appetite should constrain the licence home — and only then the company map.
A Curaçao or Anjouan conversation can be rational for an international B2C model. It is not a substitute for Malta, Isle of Man or a national licence if counterparties require that standard. Headline price is a weak filter.
Before you buy or form a vehicle: write the UBO chart, source-of-funds story, geoblocking policy and a one-page payment flow. If those four artefacts cannot be drafted, you are not ready to pick a registry.
Regulora coordinates jurisdiction screening and application workstreams with local counsel. We are not a regulator and do not issue licences. Approvals remain with the competent authority.