Η Εθνική Αρχή Στοιχημάτων ιδρύθηκε σύμφωνα με τον Περί Στοιχημάτων Νόμο του 2012 (106(Ι)/2012). Οι κύριες αρμοδιότητες της Αρχής είναι η αδειοδότηση και εποπτεία αθλητικών στοιχημάτων ή άλλης δραστηριότητας εντός της Κυπριακής Δημοκρατίας.
The Kahnawake gaming license provides operators with a flexible, cost-effective, and straightforward setup process, accompanied by numerous advantages. As a highly regarded jurisdiction and a favored choice for startups, operators can benefit from competitive setup and maintenance costs, appealing fiscal advantages, and an efficient licensing procedure.
Situated in Quebec, Canada, the Kahnawake Mohawk Territory is a First Nations reserve operating autonomously with the freedom to establish its own corporate and fiscal regulations. Since 1999, the Kahnawake Gaming Commission has been issuing licenses for the global online gambling market, currently overseeing more than 250 licensed gaming sites within the territory.
Typically, the application process requires approximately 2 to 3 weeks, and upon the satisfaction of all requirements, the approval phase may extend for an additional 8 to 10 weeks. This positions Kahnawake as one of the swiftest jurisdictions for obtaining an online gambling license.
The application fees for a Kahnawake betting license are among the most affordable in the industry making them accessible for many startups and smaller businesses. This affordability allows businesses to channel more capital into enhancing their products rather than getting tied up in administrative processes.
Application fees must be received by the Commission before an application is processed.
Entities holding a Kahnawake Gaming License benefit from a 0% gaming tax applied to all gross gaming revenues. This proves advantageous for businesses seeking to maintain low overhead costs and prioritize the reinvestment of revenue and profits into the company’s expansion.
Opting for the Kahnawake online gambling license can be an excellent choice for startups or smaller enterprises. This is not only attributed to the advantages mentioned here but also because it remains economically viable. Consequently, the profits can be reinvested into the business to facilitate expansion, business development, marketing, and the integration of new games, as opposed to being directed toward taxes and substantial fees.
The Kahnawake Gaming Commission is recognized for its credibility, and the jurisdiction is widely acknowledged for its trustworthiness. Possessing a Kahnawake gambling license signifies a commitment to responsible and equitable gaming practices, ensuring that the entity operates without any fraudulent intent.
The Commission treats user complaints with utmost seriousness, taking disciplinary action against those who violate the rules. Some entities even face license suspension or cancellation, particularly in instances where investigations uncover unethical business practices. This unwavering commitment to regulatory diligence has resulted in a robust level of player protection for both players and business partners. The Commission is dedicated to diligently overseeing and monitoring its licensees, fostering increased player loyalty and confidence in gambling platforms.
i. The estimated cost of conducting the Commission’s due diligence regarding the applicant corporation and the individuals who have provided Personal Information Forms (non-refundable)
ii. The first annual licensing fee, refundable if an application is not granted; but which does include any costs associated with the Commission’s assessment of the applicant’s Control System Submission – which cost will be paid by the applicant to the Commission upon being presented the appropriate invoice.
Application documents and further information about the application process are available on the Commission’s website: www.gamingcommission.ca.
Important note: Only Mohawk Internet Technologies is permitted to host the systems.
Identifies the business entity that is applying for the CPA. If the application is granted, this business entity – and the URLs of the sites that it operates – will be listed on the KGC’s website.
To be completed on behalf of the business entity that is applying for the CPA.
This form must be completed by each of the applicant’s Key Persons. Each applicant must nominate at least one person who exercises a key managerial function.
To be completed by each of the following individuals:
i. Each director of the applicant corporation;
ii. Each shareholder/beneficial owner with ten percent (10%) or more ownership of or controlling interest in the business entity;
iii. Each person who submits a Key Person License Application Form.
Except as otherwise directed in writing by the Commission, a completed Control System Submission.
Note: For publicly traded corporations, in addition to the foregoing, the following information must be included with an application:
i. A biography or curriculum vitae for each director;
ii. ii. Annual reports prepared by the corporation for the past three years.
A step-by-step approach: |
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Application form to be submitted along with:
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Step 1 – As soon as the forms and fees are paid to the KGC the Due Diligence procedure starts (subject to full disclosure). |
Step 2 – The commission meets to review the DD outcome and decide upon the issuance of a 6-month Preliminary Permit. |
Step 3 – if the decision is positive a 6-month Preliminary Permit is granted along with the:
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Η Εθνική Αρχή Στοιχημάτων ιδρύθηκε σύμφωνα με τον Περί Στοιχημάτων Νόμο του 2012 (106(Ι)/2012). Οι κύριες αρμοδιότητες της Αρχής είναι η αδειοδότηση και εποπτεία αθλητικών στοιχημάτων ή άλλης δραστηριότητας εντός της Κυπριακής Δημοκρατίας.
Η Αρχή εκδίδει τις ακόλουθες άδειες για επίγεια και διαδικτυακά στοιχήματα:
Κάθε πρακτορείο στοιχημάτων κατηγορίας Α ή Β πληρώνει τον φόρο στοιχήματος της Κυπριακής Δημοκρατίας, ο οποίος ανέρχεται σε δέκα (10%)
Κάθε πρακτορείο στοιχημάτων με άδεια κατηγορίας Α και Β καταβάλλει στην Κυπριακή Δημοκρατία φόρο εισφοράς ο οποίος ανέρχεται σε τρία (3%)
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