- Company formation – can be a Cyprus company
- Obtaining the Kahnawake online Gaming license
- Assist with bank accounts opening in Europe
- Assist with opening merchant accounts
- Assist with white labels and more
The newly online gaming license for an online casino -the Kahnawake gaming licence offers many advantages like low-cost, fast procedure to obtain, flexible company structure – many pros.
The Kahnawake Territory is located in Quebec, Canada, Because It works as a self-governing region, it is allowed to make its own corporate and financial laws. Since 1999 the Kahnawake Gaming Commission has been authorizing the worldwide web based betting business and online casinos sector and they presently have about 320 gaming operations inside the region.
There is a wide scope of advantages to gaining a Kahnawake license gambling from the Kahnawake Gaming Commission:
- Fast procedure – Kahnawake Gaming licence is relatively easy and fast to obtain, the process can take between 4 weeks to 8 weeks. The application process can cover most of the gambling operation and that makes Kahnawake one of the fastest betting licenses.
- Easy process – applying for an internet casino license is not easy like Curacao, but still, GBO will take care of the whole process without any hassle for you.
Low corporate tax – companies can even 0% gaming tax the gaming operation,
- Regulator – the Kahnawake Gaming Commission is considered to be well-experienced in keeping a good reputation by setting up responsible and fair gaming practice.
- The Kahnawake license is ideal for new companies, startups, white labels and fast-growing online gaming business.
Kahnawake license gambling costs and fees
Our service covers all the services that you need to run and operate your online gaming business including corporate structures licensing, bank accounts, merchant.
The license fee is around 35,ooo EUR and that depends on the company jurisdiction, complexity of the legal structure and the services.
Speak with our experts about starting a Kahnawake gaming business.
What we do to obtain the Kahnawake Gaming license? The work is in company set up, organizing, collating, preparing applications, etc.
Benefits and pros of Kahnawake Gambling license
- Kahnawake was one of the first jurisdictions in the world to recognize the opportunities afforded by the interactive gaming industry. Since then, the Commission has been continuously licensing and regulating a wide range of interactive gaming sites.
- On July 8, 1999 the Commission enacted its Regulations concerning Interactive Gaming. As a result it has effectively and successfully regulated interactive gaming longer than almost any other jurisdiction in the world.
- Online gaming operators that are licensed by the Commission must be hosted at Mohawk Internet Technologies, a data center located within the Mohawk Territory of Kahnawake and managed by Continent 8 Technologies.
- It takes about 8 weeks for them to complete investigations and due diligence, they are very thorough when it comes to details. They are very picky when it comes to omissions, attempts to obfuscate facts or details, or anything that comes across as misleading. Such cases result in declines applications with no refund.
- The only restricted territories are: USA, and/or any country where online gambling is illegal.
- Additionally this license is better received by financial institutions and PSPs
We usually recommend this license with a combination of a Cyprus Co.
- Interactive Gaming Licence (IGL) – this license allows the holder to operate a co-location facility that provides internet services to Authorized Client Providers. The license is not relevant nor issued Since 1999.
- Client Provider Authorization (CPA) – this license allows the holder to conduct interactive gaming from the co-location facility owned and operated by the IGL holder. The holder of a CPA is known as an Authorized Client Provider (ACP) – see below. This is the most common license type and will apply for online casinos, online gambling business and gaming apps.
- Key Person license – Key employees can be utilized by either the IGL or the CPA and perform one of the accompanying capacities: administrative or functional capacities. All administrators with a CPA permit should assign one Key Person to perform key administrative capacities for or in the interest of the Authorized Client Provider.
- Casino Software Provider Authorization (CSPA) – A CSPA allows the holder to locate and operate gaming equipment of the IGL holder, as well as providing casino software to a third party operator for use on the third party operator’s website.
- Live Dealer Studio Authorization (LDSA) -allows the license holder to operate a Live Dealer Studio, to conduct Live Dealer Games, and to conduct interactive gaming-related activities from premises located within the Territory.
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