Restricted Casinos in Antigua and Barbuda

Antigua sued the United States claim in the amount of 21 million dollars in order to at least partly cover the losses. And though the process was won, the United States aren’t in a hurry to repay the money.

Despite the refusal of many European countries from online casino, the entire gambling industry is legal on the islands, but is subject to licensing. If you wish, you can open your own online casino or Sportsbook not even being a resident of this country. On Antigua you need to register your own Internet Company. This procedure takes about 3 weeks. Then you can get a license. The decision about grant of this document is accepted by the designated authority within 30 days.

There are two types of license:

• Gaming
• Wagering

The key-person of a business should get a separate license. All shareholders, including directors of the company have to provide full information about themselves and confirm their reputation. All these data will be carefully protected and according to the established British privacy law, they cannot be transferred to any third party.

In addition to the foregoing, such company must provide to local authorities the information about the accounting principles, used procedures, used equipment, gaming transactions, the payment of prizes and the security service.

Before commissioning, all the used equipment must be certified by an authorized agency. The same thing applies to software.

The company office can be located in Antigua and in other countries. But even if the company is physically located in another country, there should be appointed the nominal director who is physically present on the island (plus additional $ 5,000 annually). Show less