Gaming Licenses

Apologies for the delay. The following jurisdictions are whitelisted in the UK and provide access to the EU markets as well: (a) Alderney, (b) Antigua; (c) Gibraltar; (d) Isle of Man; and (e) Tasmania

Alderney is a British Crown Dependency. In order to obtain a e-gaming license in the jurisdiction, it will take approximately 4 mos. The application fee is £10,000. There is a minimum capital requirement of $47,500. The tax rate is favorable at zero (0%) percent on offshore profits. Alderney has traditionally been a more difficult jurisdiction in which to obtain a license and should be approached only by experienced operators with a strong track record in another jurisdiction. (https://finlaw.io/expertise/license-offshore-gambling-online-gaming-alderney/)

Antigua is a independent island in the Caribbean and member of the Commonwealth. In order to obtain an e-gaming license in the jurisdiction will take approximately 4-5 mos. The application fee is $15,000. There is a minimum capital requirement of $50,000. The tax rate is favorable at zero (0%) percent on offshore profits. There are a number of Antigua-based gaming operations that cater specifically to the US market and licensed entities share a good reputation in the US and UK.

Gibraltar is a British Overseas Territory and member of the EU. In order to obtain a Remote Gaming license in the jurisdiction, it will take approximately 2 mos. The application fee is £10,000. There is no minimum capital requirement. The tax rate is ten (10%) on offshore income as a licensed entity. Moreover, there is an annual license fee of £75,000. Gibraltar is favorable for the speed in which one may obtain a license and the ease of banking and payment processing (all of which must be found within Gibraltar). (https://finlaw.io/expertise/gibraltar-gambling-license/)

Isle of Man is a British Crown Dependency. In order to obtain a e-gaming license in the jurisdiction, it will take approximately 4-5 mos. The application fee is £10,000. There is no minimum capital requirement. The tax rate is favorable at zero (0%) percent on offshore profits. Isle of Man is an ideal jurisdiction to obtain a gaming license due to its lower cost, ease of obtaining the license, and speed to obtaining the license (https://finlaw.io/expertise/license-offshore-gambling-online-gaming-alderney/)