Antigua And Barbuda Gambling License
Antigua and Barbuda gambling licenses. Antigua and Barbuda was the first online gambling jurisdictions and regulators way back in 1994 before the online gambling craze hit the world. They are known to have fair rules and regulations and are a well respected jurisdiction. Antigua and Barbuda licensed betting sites One of the top online betting sites, licensed by Antigua and Barbuda, is Bodog. It features a sportsbook with a large range of sports betting and racing markets, plus promotions and a variety of different payment methods (see below). Home Gambling Antigua and Barbuda Gambling License Antigua and Barbuda is a well-known jurisdiction with a good track record and the legislation providing an enabling environment for online business.
Jurisdiction
The islands of Antigua and Barbuda belong to the group of Lesser Antilles and are considered to be the first locations officially facilitating gambling processes, as long as they offer offshore regulation of the gambling business.
The main gambling regulator of the country is the Gambling Department of Antigua and Barbuda, while the Financial Services Regulatory Authority (FSRC) is entitled to issue licenses to gambling operators.
The regulating bodies of Antigua and Barbuda focus on the security of their online resources, as well as on concealing their gaming content from the underage users.
Types of licenses in Antigua and Barbuda
The jurisdiction offers several types of licenses legalizing gambling activities:
- license for online casinos;
- license for betting providers, betting operators and betting terminals;
- license legalizing the rest of businesses in the offshore zone.
Requirements to get a gambling license in Antigua and Barbuda
In order to start a gambling company on these islands, entrepreneurs have to:
- have an offshore company formed;
- provide detailed Information about the company, the directors, officers and shareholders with over 5% of the shares of the company;
- submit certified copies of their passport, passport size photographs and reference letters;
- have all software certified;
- have the main server based solely in Antigua and Barbuda.
While approving the application, the Commission mainly pays attention at:
- the applicant’s honesty and integrity;
- good business reputation and financial background;
- satisfactory corporate structure;
- technical ability to operate;
- no involvement in illegal activities.
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Costs of licenses in Antigua and Barbuda
Antigua And Barbuda Gambling License Bureau
Application fee | $15,000 |
Online casino license | $100,000 |
Betting platform license | $75,000 |
Online casino license renewal | $75,000 |
Betting platform license renewal | $50,000 |
Corporation tax of domestic companies is levied at a rate of 35%, but there is no tax for international business companies. Licenses are issued for one year.
Advantages of Antigua and Barbuda gaming license
Getting a licence in Antigua and Barbuda is beneficial:
- no taxation;
- the gambling house can be located in any other place;
- the islands have international offshore partners ready for collaboration;
- the possibility to attract the British audiences.
Antigua And Barbuda Gambling Licenses
Getting through all steps to obtain a license may be complicated. Operators who want to make the process faster and easier can do it with Slotegrator. The company provides help in preparing all documents, registering a casino and dealing with legal issues to get a reliable and official gaming license.