Antigua And Barbuda Gambling License

ABOUT INLAND REVENUE DEPARTMENT

The Inland Revenue Department was established with a mandate to assess, collect and account for revenues accruing to the Government by virtue of Enactments specified below:

Licenses:

Gambling license in Antigua and Barbuda Jurisdiction of Antigua and Barbuda began to license a gambling business in 1994, and due to the foregoing it is one of the first countries where gambling is not only allowed, but certificates for casino are also issued to non-residents. The United States responded by accusing Antigua and Barbuda of playing politics. The tiny archipelago built up an Internet gambling industry to replace declining tourism revenues, only to find. All of the casinos that are licensed and also based in Antigua and Barbuda will be offering you more than enough software driven games too. When gaming on these casino platforms, a random number generator is going to ensure that every outcome on any of the games you do decide to get stuck into playing are totally random and of course completely fair too.

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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.

The Antiguan government set out to diversify and increase economic development in the 90s. This was the framework for what would become the island’s remote gaming industry. Antigua enacted a very inclusive regulatory scheme for various companies providing remote gambling services by the late 1990s. Due to a solid reputation, the island experienced dramatic growth in its own gaming industry.

Under Antiguan regulation, two types of gambling and betting licenses are provided: The first is an interactive gaming license, for casino gambling and wagering, and the second is interactive wagering, used for sports betting.

Antigua’s remote gambling operators offer account betting, meaning a player must fund his or her account before wagers can be made. No wager can exceed the amount funded, and wins or losses are credited to a player’s account.

Overview:

Antigua and Barbuda have strict license requirements. All licensed operators need to meet a number of requirements before even being considered for approval, and they will be subjected to a thorough vetting process to ensure reputability.

Some of the lesser requirements state that operators strictly enforce age limitations, barring anyone under the age of 18 to participate in the gaming operations or as players. All operators are also required to display a warning on their web site, citing the various addiction possibilities of gambling and subsequent information on sites assisting with compulsive gambling.

Antigua and Barbuda have a web site that offers a way to connect for those seeking a license. They present detailed information about their screening process. In order to secure a license, an up-front, non-refundable fee of $15,000 USD is required for due diligence.

This screening process is very thorough, and if passed, an interactive gaming license costs $100,000 USD. For an interactive wagering license, applicants must pay $75,000, with an additional $5,000 annually for renewal. If you’d wish to have a monitoring system, the fee is $25,000 for one license, $45,000 for two.

All operators must meet Antigua’s high standards of excellence. Anti-fraud and money laundering regulations must be adhered to, as well as a slue of other regulations regarding finance. Antigua is not responsible for changing laws or regulations in any particular area.

Any customer complaints can be filed with the Antiguan Directorate of Offshore Gaming if a remote gaming operator isn’t able to handle the issue. The Directorate will review and investigate the problem if necessary.

Licence Fee

$15,000 non-refundable application fee.

Interactive gaming license: £100,000.

Interactive wagering license: $75,000 plus $5,000 annual renewal fee.

Contact Details

The Directorate of Offshore Gaming

Division of Gaming

2nd Floor – West Wing

First Caribbean Financial Center

Old Parham Road

P.O. Box 2674, St. John’s

Antigua & Barbuda

West Indies

Tel: (268)481-3300

Fax: (268) 481-3305

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Vegas Red

Magic Box Casino

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Europa Casino

50 Stars

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Intertop Casino

Titan Bet

Antigua And Barbuda Gambling License Bureau

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