Online gambling regulation and licensing and in Kahnawake
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