Anjouan is 2023’s hottest online gambling license

19 June 2023

Anjouan

Anjouan

Anjouan is an island in the Indian Ocean, which is part of the Comoros archipelago. Known for its stunning natural beauty, picturesque beaches, lush mountains, and vibrant coral reefs, the island has a rich cultural heritage influenced by African, Arab, and French traditions. Anjouan is a popular destination for tourists seeking tropical paradise and an authentic island experience, but did you know it is also home to one of the lesser-known online gambling licenses?

Anjouan online gambling background
Anjouan has played a role in the history of online gambling. In the late 1990s, it was one of the first jurisdictions to offer online gambling licenses, attracting various offshore operators. The island's simple regulations and low taxes made it an attractive destination for online gambling businesses, but during the 2000s, it became less popular with operators and somewhat dropped off the radar. But recently, Anjouan has reappeared as a jurisdiction of interest for online gambling operators. This is due to a modernization and streamlining of all licensing processes, which is set to make it a leading choice in 2023 and beyond.

What about Curacao?
For many years, the Curacao online gambling license was the most popular among startups and established brands looking for an easy and low-cost solution. But recently, things changed.

Prior to the changes, Curacao was known for its lenient regulations and ease of obtaining an online gambling license.

This resulted in a large number of online casinos operating under the Curacao jurisdiction. However, concerns arose regarding the credibility and oversight of the licensing process, leading to the need for reforms.

In 2019, Curacao announced stricter requirements for operators, including enhanced due diligence and increased financial transparency. Additionally, efforts were made to improve cooperation with international regulatory bodies to enhance the reputation and legitimacy of the Curacao iGaming regime. With the changes becoming effective this year, many operators have left, while others are looking at other options, in particular Anjouan.

Why Anjouan?
Here are just some of the reasons you should opt for an Anjouan license.

Affordable
Obtaining an Anjouan online gambling license is cost-effective compared to licenses from well-established jurisdictions like Malta or the Isle of Man, making it an attractive option for startups and smaller gambling operators with limited budgets. Keeping setup costs low means more money to invest in the platform, games, and marketing, which all lead to more revenue and profit.

Streamlined
The licensing process in Anjouan is modern, streamlined, and relatively straightforward. Operators can submit their applications through Fast Offshore, who make the process much easier and take the stress out of the paperwork while significantly increasing chances of approval. While all licensing processes involve paperwork and fees, when you partner with Fast Offshore for the Anjouan license, there is minimal effort involved.

Flexible
Anjouan's regulatory framework offers a more flexible environment compared to some other jurisdictions. While ensuring fair play, player protection, and responsible gambling practices, operators have more room to operate within the permissive regulatory guidelines. This makes operating easier for iGaming providers, while also ensuring a high level of trust, responsibility and professionalism. This little-know license offers operators the chance to build a great relationship with players, based on a foundation of fairness.

Accessible
Anjouan's online gambling license allows operators to conduct their activities within the jurisdiction, providing them with access to the international market and potential customers from around the world. Of course, some countries do not allow the option of online gambling in their territories, but when you hold an Anjouan license much of the world is open to you, increasing your profit margin. To find out more about limitations and rules regarding this matter, just ask us at Fast Offshore.

Accountability
Holding an Anjouan online gambling license demonstrates that operators have met the necessary requirements and obligations. They are supervised by a responsible authority, providing assurance to players and stakeholders regarding the operator's credibility and commitment to compliance. While the license may not be well known for now, it is growing in popularity and exposure, and it set to top Curacao as the go-to license for startups and operators wanting a cost-efficient licensing option.

The nitty gritty
  • The Anjouan license is issued for one year and is renewable annually
  • The standard license includes 2 URLs with additional URLs added at an additional cost
  • Sublicensing is not permitted
  • A fit and proper test is carried out on all directors, shareholders and UBOs
  • There are several system and server requirements to consider
  • In addition, there are AML, compliance and operational policies that must be drafted and made available
  • The license covers any and all types of games of chance, including, but not limited to casino, poker, betting, lottery and even the provision of software and white-labelling services
  • The license is available for both B2C and B2B
  • Periodic and formatted reports must be submitted when required to the authorities
  • The general requirements are a business summary, compliant T&Cs, compliant policies for KYC, underage gaming, fair gaming, and AML. In addition to RNG testing certificates, and fully executed copies of content provider agreements for games, it is necessary to have an Anjouan company and to pass KYC and due diligence checks
Applying for and obtaining an Anjouan online gambling license can be done through Fast Offshore who can take care of the whole process, ensuring maximum compliance every step of the way.

To summarize, the Anjouan online gambling license is a cost-effective and accessible choice for online gambling operators. It offers flexibility and ease of acquisition, particularly benefiting startups and smaller operators with budget constraints. For further information about this license, interested parties can reach out to Fast Offshore, which has significant expertise in the iGaming industry, specializing in assisting operators in obtaining licenses.


Related Links
Comoros Online Gambling
Fast Offshore

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