The world of iGaming regulations is complicated and changes frequently. Sometimes it is difficult for operators to navigate through so many updates and decide which license is best for them. So Slotegrator has shared a comparison guide of four of today’s most popular licensing jurisdictions: Anjouan, Curaçao, Isle of Man and Kahnawake.
Slotegrator closely follows novice traders
The guide includes a description of the license types each jurisdiction offers and covers fees, taxes, application process, processing and validity periods, operation details and additional benefits.
In this way, comparison tables serve as a cheat sheet for novice traders. Furthermore, they can also be leveraged to expand your gambling business into a new market or develop it in a new direction.
Yana Khaidukova, Managing Director of Slotegrator, comments: “It is very important to provide the public with such useful guides, especially in an area like licensing.
Our clients don’t have much time to do their own analysis, so we do it for them. So we meticulously analyze all changes and rules, helping new and compliant brands get up and running quickly.”
Additional benefits
Slotegrator shares some additional benefits over each licensing jurisdiction:
- The Anjouan license is the most economical and easiest to acquire. It’s a great option for first-time operators and companies looking to get up and running as quickly as possible.
- The Curacao gaming license has always been one of the most popular choices among operators, and we can expect it to have an even more established position in the market as the revised licensing system is more in line with global regulatory standards.
- The prestigious Isle of Man license is whitelisted by the UK Gambling Commission and the OECD, as well as being a member of the World Trade Organization.
- The Kahnawake Gaming Commission has been issuing licenses for a long time and has earned a solid reputation among gamers.
This guide is available for download on the official Slotegrator website.
Glenn Debattista, Chief Operating Officer at Revpanda, Slotegrator’s media partner, notes an important point about licenses: “An iGaming license grants permission to an operator to legally offer online gaming services in a specific jurisdiction.
Some popular jurisdictions for obtaining iGaming licenses include Malta (MGA), United Kingdom (UKGC), Curacao and Gibraltar (GRA). Therefore, the operator must first apply for a license and then the regulatory authority carries out thorough background checks on the operator itself.
Therefore, it is important that the operator demonstrates compliance with strict regulatory requirements before issuing the license. However, compliance does not stop there and the operator must continue to adhere to the license conditions at all times, even after having been issued a license.”
