Antigua and Barbuda Licensed Casinos
This twin-island nation between the Caribbean Sea and the Atlantic Ocean has become a favourable jurisdiction for offshore banking as a result of the International Business Corporations Act. The act went live early in the 80’s with the Ministry of Finance, based in Antigua, keeping an eye on all of its operations. The regulatory body responsible for the oversight of all aspects of the online gambling services is the Division of Gaming under the Financial Services Regulatory Commission (FSRC). It’s also one of the first jurisdictions to offer operating licenses to i-gaming businesses.
As of now it has gained a Tier 1 rating, become whitelisted under the UK gambling law and offers two types of licenses: one for interactive gaming (casinos) and the other for interactive wagering (sports betting). Notice, that as of June 2010 the FSRC and the Kahnawake Gaming Commission are in close innovative regulatory relationship.
The international business corporations that register in Antigua will get to taste no market restrictions and government support like nowhere else. Moreover, active licensees will be exempt from all direct taxes but pay a small amount of tax on their gross income. There are no capital or share restrictions and the registration process takes just a matter of hours. It can be done with the help of an accountant, attorney or locally registered trust company.
For more information, please visit www.antiguagaming.gov.ag.