The Anjouan gaming licence
The Anjouan gaming licence is presently the fastest-growing in popularity among all gaming licence programs available. We explain why.
Regulation of gaming activities
The government of Anjouan established its offshore sector in 2003. The Betting and Gaming Act (the Act) was passed in 2005, which is the primary legislation regulating the remote gambling sector.
The Act covers a wide range of gambling activities, such as casino, sports betting, lottery, bingo and video games. Rigid licencing and ongoing compliance obligations are imposed, with particular emphasis on anti-money laundering procedures, responsible gaming practices and fair play rules.
Gaming licences are issued and administered by the Anjouan Betting and Gaming Board (ABGB), which falls under the Anjouan Offshore Finance Authority (AOFA).
The main concerns of the ABGB in relation to the applicants for an Anjouan gaming licence are the following:
that they are trustworthy and of good character
that they have adequate financial resources to support their business
that they will maintain high ethical standards
The jurisdiction
Anjouan is an autonomous island, located in the Comoro Islands complex in the Indian Ocean. It is part of the Union of the Comoros and became an independent republic in 1975, after gaining its independence from the French. It has a population of 278,000 and a surface area of 424 square kilometres.
Advantages of the Anjouan gaming licence
A single licence covers all types of gaming activities, including B2B and B2C, unlike other gaming licencing jurisdictions, where individual licences are required for each type of activity
No gaming tax applies on gross gaming revenue
The licence is extremely affordable, making it the ideal choice for start-ups
Extremely fast and efficient processing of applications, with the possibility to receive a licence in as little as 3 weeks if a complete and accurate set of documents is submitted
Why is the Anjouan gaming licence right for you?
If you are starting a new online gaming business, you will want to get set-up-and-running as fast as possible and at minimal cost. Any new venture carries inherent risks, so it’s prudent to test the waters first with a low budget before allocating substantial resources.
The Anjouan gaming licence allows you to do exactly that. It is currently the most cost-effective and fastest online gaming licence available, making it possible for you to launch your gaming business in just a few weeks.
The licence is recognised by all leading software providers, payment processors and the financial institutions which cater to the gaming industry.
The application process for an Anjouan gaming licence
The first step is to incorporate your company. This can be incorporated in Anjouan or elsewhere, as Anjouan gaming licences are not restricted to companies incorporated in Anjouan.
The next step will be to prepare your gaming licence application. This will entail submitting information and various documents relating to your company and its directors, shareholders and beneficial owners. The company’s anti-money laundering, responsible gaming and fair play policies must accompany the application. The licence application fee is payable at this stage.
The application will then be reviewed by the regulatory authorities. Once approved, the licence fee will become payable. The license is issued upon payment of this fee, at which point the company may commence its gaming activities.
Global Gaming Associates will handle the entire process, giving you peace of mind that the documents are properly prepared, thus avoiding the risk of unnecessary delays in receiving your Anjouan gaming licence.