Right now there are over 100 casinos licensed to operate offshore online gambling establishments on the island of Antigua. The online gambling license received by these sites is upheld by Antigua’s Directorate of Offshore Gaming. The directorate and the Antiguan government work together to ensure that nothing but fair gaming is practiced at the casinos and they make sure to monitor the casino’s transactions to prevent any chance of money laundering or any other type of fraudulent behavior by the companies they have given an online gambling license to.
Recent developments have a few operators possibly looking towards other countries for their online gambling license, as the government has now implemented a new 3% tax on net winnings which translates into a lot more money by Antigua gambling. Because the government feared losing a lot of business they decided to lower their licensing fees to $50,000 for sportsbooks and $75,000 for casinos to try and offset this new tax.
Being a coastal island there is always the risk of getting hit with a hurricane but gambling operators overlook this risk because of Antigua’s proximity to the United States, where many of these companies operate out of (even though technically for the online gambling license their servers have to be in Antigua.) Also the country has built an excellent reputation in the gaming community and has a very strong technical infrastructure.
Though Antigua may still be the most popular spot for offshore gaming, many other countries are doing their best to attract online gaming companies as well. Because of this competitive landscape changes are always worth watching if you manage the offshore gambling license renewal for your casino. As mentioned above, Antigua works hard to provide a competitive and worthwhile place to host an online casino and it is important to them not to lose this business.
You can find more information about an online gambling license from Antigua at the Directorate of Offshore Gaming website.
