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Not all countries have legalized online gambling. Online casino games are totally forbidden in 39 countries. Local operators are not allowed to open online casinos, but foreign operators accept bets in 32 countries. You have to receive a license from the local regulator to launch an online casino in 61 countries.
Antigua and Barbuda was one of the first jurisdictions to offer the legalization of gambling. This country has been on the list of top 6 most popular online gambling jurisdictions since 1994. Let’s see what is required to register an online casino on the Caribbean Islands.Advantages of the gambling license in Antigua and Barbuda
The country applies strict rules to gambling companies that want to obtain a license in this jurisdiction. As the local permit automatically provides access to players from the UK, the country thoroughly checks applicants not to spot its reputation.
In an online gaming dispute. Antigua is better known for beaches than trade disputes. But next month this tiny Caribbean resort could begin using a World Trade Organization. The licensing and regulation of online gambling services on the islands of Antigua and Barbuda are handled by the Financial Services Regulatory Commission’s Division of Gaming (FSRC). Casino Brands that accept players from Antigua and Barbuda reviewed and tested. Current list of casinos that will do not restrict registrations and deposits from Antigua and Barbuda.
However, despite the strictness of the regulator, the country has a number of advantages for running a gambling business:
*the international activity is not taxed;
*companies do not need to have authorized capital;
*operators automatically have access to British players;
*servers may be based outside the jurisdiction in case the main server is located in Antigua and Barbuda.Types and cost of licenses in Antigua and Barbuda
According to the country’s laws, you do not have to register the value of all shares of the company to open a gambling business. It will be enough to have an office based on the islands as well as one director and one shareholder. Besides, the application should contain detailed information about the board of directors, their credit history and data on investments made over the last three years.
This jurisdiction offers two types of licenses:
*online casino license – around $100 thousand;
*totalizator license – around $75 thousand.Antigua Online Gambling License Application
When filing an application to the Gambling Authority, you also have to pay two fixed fees:
*$15 thousand for documents revision;
*$100 thousand, an annual fee aimed at gambling development, paid irrespective of incomes.
At the same time, you should not pay gambling taxes during the year.Technical requirements to operators
To obtain a license, all software should be certified. Besides, all slot machines and programs undergo audit and expertise. You can avoid the latter in case you have a certificate from eCommerce Online Gaming Regulation and Assurance (eCOGRA). This document from the British institution confirms the availability of standardized software and compliance with high business standards.
The main server of your online casino should be based solely in Antigua and Barbuda, while others can be located outside this jurisdiction.
One more important requirement. If a player wins more than $25 thousand, you have to send all data connected with the transaction to the corresponding authority. If you do not do it within two days, you can be summoned to appear in court. The government of Antigua and Barbuda fights against money laundering in such a way.
Furthermore, operators should restrict access to casino games for everyone under 18 years old. The home page of the website should contain a warning about the probability of gambling addiction and contacts of organizations that provide corresponding psychological help.
Before you set up an online gambling business, compare the conditions of running a gambling business in different jurisdictions and choose the most optimal option.
The companies are offered the opportunity to legally do gambling business in the state of Antigua and Barbuda at the governmental level. Many online organizations operate on the territory of the country including gambling bodies with interactive pattern and offices that accept bets on sporting events (bookmakers).
Anyone may participate in gaming without any reference to citizenship.
Department of gaming supervises the activities of the company. A specially created FISPAA business unit grants licenses for business activity in gambling category. The business unit is authorized to make a decision to grant the right to exercise the offshore activities to companies registered within the jurisdiction.
Details and benefits of Antigua and Barbuda Gaming LicenseAntigua Online Gambling License Renewal
The government is the one that started registration of offshore companies engaged in gambling business.
The favorable environment is created for representatives of gambling bodies: Heavenly world slot machine hacked.Antigua Online Gambling License Plate
*owners of the business running on the territory of the state not subject to pay taxes to the treasury;
*opportunity to apply to nominal representatives. Real business owners are entitled to stay outside the jurisdiction;
*a large number of international contracts concluded with offshore centers in other countries. For instance, the Indian reservation Kahnawake is listed;
*the country is on the list of companies authorized by the UK to advertise their activities on the territory of the state. Moreover, the company may attract potential customers based in the United Kingdom;
*the right to localize operating systems outside the state. The only condition is that the master server should be located within the territory of Antigua and Barbuda.Antigua Online Gambling License Requirements
Authorized agencies have developed a range of licenses depending on their intended purpose:
*betting agencies that accept bargains and bet on sports. The cost of permit is seventy-five thousand US dollars;
*focus on gaming. Online casino arrangement costs one hundred thousand dollars;
*special permits for members of the gambling managing sector.
At the initial stage, companies should fulfill the binding condition – to deposit ten thousand U.S. dollars based on irrevocability. Upon application, owners should pay a fee in the amount of fifteen thousand dollars.
For gaming activity, the companies should make an annual payment to the state treasury as specified. For online casino, the deducted amount is sixty thousand dollars. Bookmakers need to deposit thirty-five thousand dollars.
The consulting company Private Financial Services will arrange all procedures to register a company. Our qualified specialists will help to establish an online casino and will provide a range of services:
*They will collect and prepare a package of incorporation documents as required. The process of registration will take no longer than three weeks.
*They will apply for the selected type of license.
*They will monitor the payment and the receipt of fees on the account and regular cash collection.
*They will offer a choice of a nominee manager.
*They will ensure filing of certified permit to use the software.Please Submit an Application to Get Personal Offer
Register here: http://gg.gg/v0bs3

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