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Licensed Locations
Antigua and Barbuda is a twin-island nation located in the Eastern Caribbean. Antigua and Barbuda was one of the first jurisdictions to license interactive gaming and wagering companies in 1994. The internet gaming companies are classified as “Financial Institutions” and are subject to all the Anti-Money Laundering (AML) and Caribbean Financial Action Task Force (CFATF) requirements of the jurisdiction. The licensing and regulation of online gambling services on the islands of Antigua and Barbuda is handled by the Financial Services Regulatory Commission´s Division of Gaming. The FRSC Gaming Division awards two types of licensees: interactive gaming and interactive wagering. The gaming license is for Casino and poker sites and the wagering license is for sports betting sites. It´s one of the offshore jurisdictions which contain the biggest number of registered online Casinos. For more information on Antigua´s interactive gaming and wagering laws and regulations see the following: The Antiguan gaming regulations are enforced by the Antiguan Directorate of Offshore Gaming (the “Directorate”). Dominican Republic licenses online sports books. However, no new license has been granted to a sports book operating primarily from outside the Dominican Republic since 1996. Recently one of the licensee holders Caribbean Casino and Gaming Corporation has just entered into a six month online Test Simulcast Broadcast Agreement with Kenilworth Systems Corporation. Caribbean Casino and Gaming is a gaming and entertainment company that owns full gaming licenses in the Dominican Republic, including Texas Hold’Em, and will operate the Grand Casino at Sousa Bay Resort in Puerto Plata, Dominican Republic, its second Casino in the region. Caribbean recently signed an exclusive Agreement with Trade Broadcasting Corp to offer Texas Hold Em Tournaments throughout the Caribbean Islands. Registration and licensing in Dominican Republic is made with Hacienda ministry after being registered as a normal business with the Commerce ministry.
Kahnawake is an Indian (native American) territory in Quebec, Canada. The Kahnawake Gaming Commission is an organization that licenses a large number of online Casinos and online poker rooms. The Kahnawáke Gaming Commission was established in June 1996. The Commission is empowered to regulate and control gaming and related activities within and from the Mohawk Territory of Kahnawáke. These gaming activities are regulated in accordance with the highest principles of honesty and integrity. Because of rules requiring that Mohawks own all businesses on-reserve, the commission set up Mohawk Internet Technologies to operate the online Casino business. MIT operates a server farm on the reserve, and offers space on the servers to online Casino operators. MIT collects a monthly fee from the Casino operators. The KGC is responsible for licensing the operators. Its rules require a full investigation of any new Casino operator, or a more cursory investigation of an established operator. The KGC has regulations that require online Casino operators to operate openly, and follow certain guidelines pertaining to issues such as audits, payouts and access by underage users. The fee for the initial application is C$15,000 plus an annual license fee of C$10,000. As of 2006 the Canada Attorney General was on a investigation that had more than 2 years on effect but the KGC have reported on various moments that the commissions hasn’t been contacted regarding any investigation. Panama, adopted regulations governing the licensing of electronic games of chance and wagering activities in late 2002. Internet gaming companies domiciled in Panama enjoy complete tax exemptions. Customs duty concessions are given for imports needed to carry on Internet gaming. As long as the incomes made from Internet operations are to jurisdictions outside of Panama, there is no income tax, withholding tax, and sales tax or VAT tax. Offshore companies, such as online gaming companies are not subject to foreign exchange control. There is also a new call center incentive and training program that boast numerous qualified bilingual workers. The regulations allow master licenses to be granted that are valid for up to seven years upon payment of a license fee of US$40,000. There is also an annual license fee of US$20,000. Master license holders may grant sub-licenses, which are subject to the annual fee. Applicants must pay all investigation costs incurred in the processing of the application. Operators must comply with money-laundering regulations and notify the Financial Analysis Unit of any suspicious transactions above US$10,000. An account of US$500,000 must be maintained to guarantee payment to winners and settlement of disputes. Until now a very few companies have applied for the license, mainly due to the huge paper work and the cost of the gambling license. Antilles Netherlands and Curacao, Within the Netherlands Antilles, Curacao offers gambling licenses for online Casinos, poker rooms and sports books. Gambling licenses are available through the Department of Justice or through sub-licensing from an existing gambling license holders. Licenses from the Department of Justice last for two years. Any new licensee must first register with the Netherland Antilles Chamber of Commerce after selecting the island territories he will use to base his operations. From then on the operator will pass the application to the Supreme Court of Justice for a 6 weeks investigation after which he will receive a provisional license so the operator could comply with installation and payment obligations after that he’s offered his full license. Also operators of online Casinos could obtain sub-licenses that could be operated with fee ranging from US2,000 to US4,000. Gibraltar, Its one of the toughest licensing process of the offshore locations, all gaming operations in Gibraltar require licensing under the Gambling Ordinance 2005. Remote Gambling licenses, including for telephone and internet betting, are issued by the Government of Gibraltar. Only companies with a proven track record in gaming, of reputable standing and with a realistic business plan can be granted gambling licenses. Gibraltar gaming licenses are generally difficult to obtain. The fees for licensing on Gibraltar are £2,000 annually; tax is 1% of turnover for fixed odds and betting exchange operations, and 1% tax on gross product for online Casinos. Both cases are capped at £425,000 The Isle of Man, specifically encourages the location of online gambling businesses: "The Isle of Man Government actively encourages the development of gambling and e-gaming business on the Isle of Man. It remains committed to delivering a stable government and strong regulatory environment, supported by a wide range of attractive Business Benefits."` The Commission requires independent testing of software to ensure games offered are not rigged and will make accurate payment of player winnings. Games may only be offered by licensed, corporate operators. All operators must also establish bond arrangements to guarantee players will be paid in the event the licensee ceased operations for any reason. The Isle of Man has restructured its regulations and infrastructure to rebuild the market. Licensing is now overseen by the Department of Trade and Industry, and there is no longer a USD $2 million surety bond requirement. Instead, an insurance bond is required and its price is negotiable, making licenses more available to smaller operators. As of April 2009, there were approximately 16 operators licensed in the Isle of Man. Fees
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