Antigua and Barbuda is a well-known jurisdiction with a good track record and the legislation providing an enabling environment for online business. One of its advantages is offering licenses to gambling companies, whose operation is administered by the Financial Services Regulatory Commission (Gaming Division) regulating the online gambling business through the licensing. The Commission takes decisions on granting permits for offshore activities to companies registered on the Islands.
Antigua and Barbuda is one of the first jurisdictions dealing with the issues of regulating offshore gambling (as far back as the mid-90's). There are various benefits for gambling operators:
There are several types of license on the Islands:
For the licensed companies, a non-refundable contribution of US$10,000 and an application fee of US$15,000 are provided for when applying for a license. The annual fee payable to the State is US$60,000 for an online casino and US$35,000 for a betting provider.
Prifinance consulting company provides assistance in starting business and establishing online casino in Antigua and Barbuda. Our experts will address the following issues: