The Kahnawake Gaming Commission was formed in 1996 by the Kahnawake Gaming Law, with the objective of regulating gaming activities on “the Island.†The following year, clause 35 was added to regulate interactive gambling. They were designed to ensure that any representatives working within the Kahnawake Mohawk Territory conducted themselves in an ethical manner and adhered to several gaming rules.
Under an amendment to the regulations in 2010, all firms must use Mohawk Internet Technologies’ data center, which has a virtual monopoly on the region. Continent 8 is based on the Isle of Man and manages and maintains the data center.
The Kahnawake Gaming Commission also has close ties with other gaming jurisdictions. In 2005, the commission signed a Memorandum of Understanding with Antigua and Barbuda, as well as a Treaty of Amity and Economic Cooperation with Malta in 2006. The Santa Ysabel Tribe in California has similar agreements with the Kahnawake.
Only provincial governments in Canada have the authority to provide internet gaming services to their people, according to Canadian law. The Kahnawake tribe and other First Nation tribes, on the other hand, believe that they have the right to regulate gaming sites and that they should be made available around the world where gambling is legal. In recent years, the Quebec government has chosen not to interfere with activities taking place within the Kahnawake territory, allowing it to expand and become the world’s largest grey-market gaming jurisdiction.
Types of Licences
The Kahnawake Gaming Commission regulates both land-based casinos and interactive gaming sites located in the Kahnawake Mohawk Territory of southern Quebec. The following are four types of licences, authorizations, and permits available from the Commission:
- Interactive Gaming Licences – It’s a service that allows businesses to deliver Internet services to authorized client providers who reside in the same region.
- Client Provider Authorisation – A gaming provider’s management system, which is linked to all games run by the company and ensures that accounting transactions are conducted in accordance with the rules of an Interactive Gaming Licence.
- Inter-Jurisdictional Authorisation – The Interactive Gaming Act allows the conduct of interactive gaming from a co-location facility that is licensed by the holder of an Interactive Gaming Licence.
- Key Person Permit – For the purposes of this section, managerial or operational functions are those that must be performed by someone employed or contracted by a holder of an Interactive Gaming Licence or an Authorised Client Provider in order to offer administrative services.
Benefits of the Kahnawake Gaming License
There are several advantages to obtaining a Kahnawake betting license from the Kahnawake Gaming Commission. These have helped make the jurisdiction one of the most attractive locations for new and established online gambling businesses. Here are some of the advantages of having a Kahnawake online gaming license.
Relatively Quick
While the Kahnawake license is not as quick as Curacao, it is still possible to obtain it in a relatively brief time. This is naturally dependent on how quickly you submit all of the necessary paperwork, as well as being sure that they are correct.
The application procedure lasts between 4 and 8 weeks, with approval taking another 4 to 8 weeks in most cases. This makes Kahnawake one of the quickest jurisdictions in the world when it comes to obtaining an online gaming license.
Straight forward
In order to obtain an online gambling license in any jurisdiction, you must fill out a lot of paperwork, provide documents, and go through procedures. While this is still the case in Kahnawake, it is less so than in other jurisdictions. In comparison to Curacao, there are more things to complete including questionnaires and supporting documentation that must be supplied, making the burden lighter. You may also decrease the load even more if you hire Fast Offshore to assist you with the process.
Player acceptance
The Kahnawake Gaming Commission is well-known for its integrity, and the authority has been deemed trustworthy. Holding a Kahanawake gaming license implies that the organization adheres to responsible and fair gaming standards, as well as being non-fraudulent in any way.
The Commission considers user complaints to be extremely serious, and those who violate the rules are immediately banned. Some have even had their licenses revoked as a result of investigations that revealed unlawful business practices. This dedication to regulatory efforts has resulted in a high level of player protection and confidence in gaming platforms. It’s clear that the Commission is committed to monitoring and supervising its licensees, which leads to greater player loyalty and trust in gambling sites.
Option for startups or small gaming businesses
Usually, Offshore Offshore recommends the Kahnawake online gambling license for companies just starting out. This is due to all of the advantages mentioned above, as well as the fact that it is still cost-effective. This implies profits can be reinvested in the business to help with growth, expansion, business development, marketing, and onboarding new games rather than being lost to taxes and hidden costs.
Fast Offshore can assist firms in obtaining licenses in other countries, allowing them to enter new markets. Of course, if you opt to stay in Kahnawake, we can happily assist with ongoing maintenance.
Zero Tax
Individuals with a Kahnawake Gaming License (Client Provider Authorization) may save money on their gaming taxes, as they may earn no tax on their total business profits. This is perfect for firms looking to minimize costs and concentrate on growing the business.
Application Fees
The cost of a Kahnawake betting license is one of the most affordable in the world. While they are not as low as Curacao, they are still relatively inexpensive. They are lower than Malta or other EU countries, and they provide a more comprehensive license in a reputable jurisdiction that allows for more money to be invested in the product than tied up in administrative procedures.
Conclusion
The Kahnawake online gambling license is a great option for those in the industry. It has many benefits that make it an attractive proposition and its low application fees, fast processing times, and lack of gaming tax are just some of the reasons why it’s one of our most recommended jurisdictions.
