Antigua Online Gaming Association Gambling Law and Regulation
Introduction to Antigua Licensed Online Casinos
Antigua and Barbuda is an island in the Caribbean. They are commonly known as the West Indies. The nation got its independence from the British crown in 1981. Its economy is primarily based on tourism. But another significant part of the economy is the eGambling industry.
Several online casinos are operating in Antigua and Barbuda. This is because gambling is legal under any legal acts dating from the early 1980s. Antigua and Barbuda offered licenses to casinos in 1994. It is one of the first countries to start doing so. Antigua and Barbuda are the leading countries in the world of online gambling. It’s primarily because it offers many advantages to the gambling sites, as well as the players.
In the country, the online casinos operate under the license of the Antigua Online Gaming Association. To learn more about this licensing authority and the online casinos in Antigua and Barbuda, keep reading.
Antigua and Barbuda Gambling History
The island states had been under British rule until 1981. So, it still follows the English Common Law. In 1982, the International Business Corporation Act was introduced. It is this law that made gambling popular in the jurisdiction. Antigua and Barbuda offer many gambling licenses to gambling organizations and interactive gaming. The gambling sites that have a license offer gambling opportunities in many countries.
The twin states had some local casinos even before independence. Since the place is a popular tourist destination for travelers across the world, it has been successful in establishing brick-and-mortar, as well as terrestrial casinos. The Kings Casino is the biggest casino operating in the country. At present, many more casinos are under construction. Robert De Niro is a popular name associated with the project.
Online casinos began operating in the country in 1994. Many of the online casinos are locally licensed. But some platforms have registration from an offshore licensing authority.
The government has laid out that to operate an online casino in the Twin States; the company needs to have a license approved by the Financial Services Regulatory Commission’s Division of Gaming. This body offers two kinds of licenses for applying- An interactive Wagering License and an Interactive Gaming License. But online casinos also get their license from Antigua Online Gaming Association. These licenses allow licensees to offer gambling services to Antigua and Barbuda’s people.
About Antigua Online Gaming Association
The twin states of Antigua and Barbuda are taken to be the cradle of the present-day market of online gambling. Almost two decades ago, licenses for betting companies and gambling platforms over the internet were issued here. During that time, online gambling had been in its infancy. Antigua Online Gaming Association has been through many ups and downs since then. It is home to several gambling companies.
Antigua Online Gaming Association is the first licensing authority. It began giving out licenses for online casinos back in 1994. In the 1990s, Antigua was granting licenses very generously to all operators that would have met the minimum standards. But this led to several fraudulent casinos over the internet gambling platforms under the Antigua Online Gaming Association license. In time to come, Antigua made the regulatory standards strict, cleaned up the license, and became much more stringent about the casino operators.
The twin states made sure to approve British regulatory standards. On the UK White List, you will find companies that have a license from Antigua Online Gaming Association to promote their business in the United Kingdom.
Different Types of Licenses Antigua Online Gaming Association Provides
Antigua Online Gaming Association provides two kinds of licenses. The license gets approval from interactive betting and interactive gaming which was amended in 2007.
- Interactive Wagering License, let’s online sportsbook to provide bets on sports and some other events.
- Interactive Gaming License, let’s online casinos provide casino games.
The license validity is going to last for a year. But in case the license expires, the casinos or sportsbooks will have to renew it.
But the Antigua Online Gaming Association license is not the cheapest out there. Following hard checks, the casino operator will have to pay the following amounts.
- A deposit amount of $15000. The amount is non-refundable, even though they have not yet decided to issue the license.
- The cost of interactive gaming licenses for the ones working in the online casino field, the money amounts to $100,000 every year.
- Interactive Registration Fee for people who are working in the sports betting field and for that the cost you have to pay is $75,000 every year.
- For the license fee for key people, the casino operator needs to pay a fee of $1000 for every person in the business in the first operation year. Every subsequent year, the amount for every person is $250.
- The game reserve is when the operator has to transfer at least $100,000 to the account that the Commission decides. It serves as a reserve to make sure that all people get away from every situation.
- System monitoring fee ensures online gaming’s fairness and safety, Antigua Online Gaming Association implements a monitoring program. For covering the monitoring cost, the operator has to pay 25,000 every year for a license and $45,000 for two licenses.
The Process Of Attaining an Antigua License
What to Do if a Casino has to Get a License in Antigua and Barbuda?
Securing a license of the jurisdiction will confirm the status of the physical establishment or online gaming operator. Permission should be made publicly available to make sure that every user can familiarize themselves with it.
When a casino operator has to get a license in the two states, they will have to pay a certain fee. The permission cost to open a casino in Antigua and Barbuda is dependent on different factors. However, there are many mandatory payments that you need to make at fixed rates.
- A one-time fee that is refundable for examining the documents and website of the gambling structure owner is $15000. However, this fee is non-refundable. If the cost to verify the counterparty exceeds this amount, the applicant is going to receive a notification and must make extra payments.
- A yearly contribution of $100,000 to develop gambling activities doesn’t depend on the success rate. The total income of the legal person and payments need to be transferred to the fund of the country before the moment of securing a license.
Antigua Online Gaming Association is quite strict when it comes to the violation of the gambling business rules. To avoid tarnishing their reputation, casino operators should make sure that they are following all the rules.
How to Get Permission for Slot Machines in Antigua?
For the slot machines in Antigua and Barbuda, all gaming machines and software should have their certificate from the creator. Also, the provider should have a license of Class 4 for the distribution of their software. To make sure that the slots are operating fairly, the auditing term of the applicant’s portal is decided. Casinos can avoid expert examination to offer the eCOGRA certificate and RNG.
The transaction frequency to transfer wins goes through careful examination. In case the portal conducts payments in amounts over $25,000, the casinos have to provide transaction data and addressee.
Hence, the local organization to control gambling activities suppresses gambling corporation money laundering. In case the payout isn’t offered within 48 hours or in case the company employees don’t report financial fraud, they can litigation.
Getting a license for slot machines in Antigua Online Gaming Association isn’t difficult for conscientious companies.
How to Get a Bookmaker License in Antigua and Barbuda?
The Interactive Wagering License is necessary for the bookmaker’s legal activity. It implies annual tax collection. Also, it doesn’t abolish the fee consideration. The document list to get the license for sports betting in the twin states is much different from the list for the other kinds of gambling. It is primarily due to the game’s peculiarities and profit gains from gamers.
How to Get a Bingo License in Antigua and Barbuda?
The national lottery is just like any other form of gambling. If a website doesn’t have the permission from Antigua Online Gaming Association to conduct Bingo in Antigua can receive punishment. Hence, getting a license is important.
You have to register the bingo site within the island territory and open a settlement account with a bank in the country. Make sure that all the documents you are submitting are verified and translated into the official language of the foreign admission committee.
What is the Dispute Resolution Process of the Antigua Online Gaming Association?
In case you are having some issues with the online casino that has a license from Antigua Online Gaming Association, you can complain to them directly. But, at first, you have to try to solve it all by yourself with online casino management. In case you do not get the result, all you have to do is visit the Antigua Online Gaming Association website and then send the complaint to them. At present, the form to send the complaints isn’t working, it can be sent through email.
What are the Technical Requirements to Get a License?
A site has to fulfill many technical requirements for getting a license. To obtain a license, the software the site is using needs to be certified. Moreover, every program and slot machine on the platform undergoes expertise and audit. You have the option to avoid the former if you have a certificate from eCOGRA or eCommerce Online Gaming Regulation. The document that the British Institution offers confirms the standard software and compliance’s availability with higher business standards.
Your online casino’s primary server needs to have its base in Antigua and Barbuda. However, the other servers might be located outside the twin state.
Another important requirement is if any player wins over $25,000, you need to send the data regarding the transaction to the corresponding authority. In case you fail to do it within two days, the court might summon you. This is how the Antigua and Barbuda governments fight against money laundering.
Moreover, operators need to restrict access to casino games to anyone below 18 years of age. The website’s home page has to contain warnings regarding the probability of addiction and corresponding psychological help if required.
Before setting up an online gambling business, make sure that you compare the conditions to run a gambling business in various jurisdictions and select the optimal options.
Benefits of Sites with Antigua Online Gaming Association
A player needs to look for real money gambling platforms that don’t have a license from a reputable country but also offer the best advantages to the consumers. Let’s take a look at the benefits of a license to operate from the Antigua Online Gaming Association.
Every country has its stance when it comes to online casinos or betting sites, including Antigua and Barbuda. Instead of ignoring the subject like many other states, Antigua and Barbuda have come up with Antigua Online Gaming Association. This requires all the casinos to hold a license to operate in the twin state.
Base of Operations
Mobile casinos cannot simply operate anywhere they want. The owners of such casinos operating in Antigua and Barbuda might quickly be penalized for operating illegally. But every casino needs a home base. For planting their operation in this twin state, they need to have a license from Antigua Online Gaming Association. Some casinos operating in the twin states might have multiple licenses, including the one from Antigua.
If you find that an online casino has a license from Antigua Online Gaming Association, you tend to trust them better. You can put a little more faith in them. Every online casino has to go through a process to get a license. They have to pay a fee and abide by certain rules. If some casino doesn’t want to serve the jurisdiction well, they will not have a license.
Casinos Operating Under Antigua Online Gaming Association
Antigua Online Gaming Association has a long-standing presence in the online gambling industry. Hence, it has many online casinos operating under it. Let’s take a look at a few casinos,
Bodog is one of the most popular casinos operating with an Antigua Online Gaming Association license. It has hundreds of online slots, table games, and video poker games. The casino has a mobile-compatible platform that you can access on the go.
It is a real-time gaming casino with more than 10 years of experience in the online gambling industry. When it comes to online slots, the casino is going to impress you. Bodog Casino has a big list that includes slots, such as Diamond Dozen, Sevens and Stripes, Crystal Waters, Mister Money, and a lot more. But that doesn’t mean you will not find any table games on this platform. There are Baccarat, Poker, Blackjack, Roulette, and Rummy for you to try out. Bodog Casino features specialty games, like Bonus Bingo and Keno.
Bodog Casino comes with a strong customer support team where you will find the answers you are looking for. In case you stumble across any issues, the professional support team will do their best to help you out to solve them, as soon as possible.
The casino protects and respects the player’s privacy. To get the optimum protection for the player’s data, the casino uses SSL encryption. Also, the casino uses a Random Number Generator to make sure that the games are fair and random.
Vegas Red Casino
With more than 100 games, Vegas Red Casino is a powerful platform with exceptional gambling opportunities. Vegas Red Casino is a Playtech Casino. So, you can expect to experience an expansive range of collections.
At the casino, you will find 17 progressive jackpot games, including Mega Jacks and Fruit Mania. However, they also offer classic and 5-reel video slots, such as Goblin’s Cave, Golden Tour, and Chinese Kitchen. Table game lovers are going to find Blackjack, Roulette, Poker, and Baccarat variations.
At Vegas Red Casino, you can fund your online casino without any hassle. There are several deposit and withdrawal methods for you. Hence, you are sure to find something that is suitable for you. There is no need to worry about losing all the details you are sharing with the platform because it uses the right security measures to protect them.
Casino Del Rio
Casino Del Rio is a gambling site that comes with a tropical flair. It is a casino that is powered by Playtech, one of the top software providers in the industry. They have a license from Antigua Online Gaming Association.
Casino Del Rio is going to impress you with the game lobby. The slots library contains the most powerful and popular slots, such as Beach Life, The Pink Panther, and Iron Man 2. There are some classic slots, too, such as Haunted House and Bermuda triangle.
The casino is also going to impress you with the table game collection. In case you want to play something thrilling, Casino Del Rio might have it. You can choose from the different variants of Blackjack, Roulette, Baccarat, Poker, and more.
So, Casino Del Rio is going to give you what you are looking for. Its video poker library is diverse and has many variants for you to choose from. No matter what game you are looking for in this casino, you will find it.
The casino support team does an excellent job of assisting the players when they need it. But it only provides assistance to registered players. The live chat support is available 24/7. However, you can also contact them through phone or email.
To make sure that the casino players don’t find it unsafe to play on the site, it uses different security measures in its system. Any information that you are sharing with the casino is well-protected with SSL encryption and a firewall. No third party will get access to what you are sharing with the platform.
Casino Bellini is a cosmopolitan online casino that has a little feminine touch. This casino uses Playtech software. Hence, all the games on the platform come from Playtech. Being under the jurisdiction of the Antigua Online Gaming Association, you know that it operates legally.
The casino has a great assortment of slot games for its players. In fact, you will find many slot titles developed in comics, such as The Incredible Hulk and X-Men. There are many other slots, too, that you can enjoy on the platform.
If you are a table game lover, you will love the time you spend on the site. Players can enjoy many cards and dice games. There are different variations of Roulette and Blackjack. However, you will also find games, such as Craps, Sic Bo, Baccarat, and Poker. Video poker lovers can satiate their appetite, too. You can enjoy different variants ranging from complex to simple games.
Things can be a little more interesting with the Live Casino section. With this option, you will be able to play with real-time dealers and have a realistic gaming experience.
A casino has a good customer support team. You can contact them 24/7 through the live chat option. But customers can also contact them through phone and emails. The casino uses 128-bit SSL encryption to secure what the players are sharing with the site. The games are tested by TST for fairness. Hence, the games are all fair and random.
The small island of Antigua and Barbuda has made its place in the history of the world of online casinos as it is the first jurisdiction that started to issue licenses to the gambling institutions over the internet. Antigua Online Gaming Association is very popular in Antigua and Barbuda. It defends the regulator’s rights and charges small taxes. Antigua Online Gaming Association doesn’t impose any restriction on the jurisdiction where the online casino can provide its services.
Antigua Online Gaming Association FAQ
Yes, you will have to pay a specific fee for the license. Read the article above to know more.
The casinos operating under this license are Bodog Casino, Casino Bellini, and Casino Del Rio.
It started giving out licenses in 1994.