Kahnawake Gambling License
There are many reasons why the Kahnawake gambling license is an all-time favourite and one of the most sought-after by operators from all corners of the globe. For starters, it comes with 0% taxes. While it is true that obtaining a Kahanwake license means navigating through a somewhat complex bureaucracy labyrinth, the 0% cost when it comes to taxes is one big benefit that makes all of the paperwork practically a non-existent problem.
And that is just when it comes to taxation. As we already said, there are many reasons why operators usually go for this license. It is absolutely cost-efficient, the paperwork though a bit overwhelming is straightforward, and it is a perfect option for startups. In addition to this, it comes with favourable maintenance costs, a competitive setup, a flexible licensing procedure, and enticing economic benefits.
However, the biggest reason by far is the reputation that the Kahnawake gambling license enjoys on the global iGaming scene. More specifically, the fact that the Kahnawake Mohawk Territory, the jurisdiction from where the Kahnawake license is issued, is one of the most respected gambling regulatory entities. This, together with everything that we mentioned, makes the Kahnawake gambling license one of the best options not just for startup businesses, but for everyone that is considering launching an online gambling platform.
History Of Kahnawake Gambling
A First Nations reserve, the Kahnawake Mohawk Territory is located in Quebec, Canada. Moreover, it is an autonomous entity that has the liberty to create its own fiscal and corporate laws. The regulator that is in charge of issuing gambling licenses in this territory is the Kahnawake Gaming Commission. One of the earliest jurisdictions in the world, the Kahnawake Gambling Commission enacted its first gambling regulations in 1999, and since then, they have issued more than 250 gambling licenses.
Ever since then, the Kahnawake Gambling Commission is a synonym for reliability and transparency for both operators and players alike. Due to the uncompromising approach and way of doing business that ensures that online gambling is conducted fairly, responsibly, and legally, the Kahnawake Gambling Commission enjoys a reputation that is right up there with the biggest and most strict regulator on the planet, such as the Malta Gaming Authority and the UK Gambling Commission.
Types Of Kahnawake Gambling Licenses
The Kahnawake Gambling Commission has an extensive experience in the gambling sector, and as such, an unparalleled experience when it comes to regulations. This experience results in the Commission issuing various types of gambling licenses that depend on each case individually. The list includes:
Interactive Gaming License (IGL) – the IGL license is a permit that allows the owner to operate a so-called co-location facility with the purpose of providing internet services to Authorised Client Providers. The only IGL license issued since 1999 is to Mohawk Internet Technologies (MIT).
Client Provider Authorization (CPA) – the CPA license allows the owner to provide interactive gaming services from the co-location facility that is owned by the IGL holder. The owner of the CPA license is known as an Authorized Client Provider (ACP) and is a common license requested by iGaming operators that wish to set up their business in Kahnawake.
Casino Software Provider Authorization (CSPA) – a CSPA license allows the owner to operate and locate interactive gaming equipment at the co-location facility that is owned by the IGL holder. In addition, it allows the owner to provide casino software to third-party operators for use on their website. They can’t, however, offer interactive games directly to the players.
Live Dealer Studio Authorization (LDSA) – the LDSA license allows the owner to operate a Live Dealer Studio, conduct interactive gaming activities, and offer Live Dealer Games, all from within the territory of Kahnawake.
Inter-Jurisdictional Authorization (IJA) – the IJA license is issued to entities that already have an IGL license from a different jurisdiction, yet still want to set up part of their personal or equipment in the Mohawk Territory of Kahnawake.
Key Person Permits (KPP) – a KPP license allows key persons to be employed either by the CPA or the IGL and conduct functions such as key operational and key managerial functions.
Costs Of A Kahnawake Gambling License
When it comes down to how much a Kahnawake gambling license costs, it is surprisingly low. Especially if we take into account the benefits and the reputation of the Kahnawake Gambling Commission and its permits. With that being said, let’s have a look at the taxes and fees that come with obtaining a Kahnawake gambling license.
・Application fee + costs of first annual licensing fee and due diligence checks – $35.000
・Control System Submission assessment costs – the costs are presented by the Commission with an invoice
・Key Person License (KPL) application fee – $5000 each
・Annual licensing fee – $20.000
・Annual Key Person permit fee – $1000
・Key Person Permit (KPP) renewal fee – $2500
・Client Provider Authorization fee – $5000
From here, we can make the conclusion that the Kahnawake gambling license is one of the best options for everyone that wants to enter the world of iGaming and provide online gambling services. Not only that the pricing is reasonable, but it also comes with a great deal of additional perks and benefits. Zero tax, trustworthy reputation, excellent for both startups and small businesses, fast processing, and even faster approval, and it is absolutely straightforward and flexible. Consequently, this means that each of the online casinos that we represent and that have a Kahnawake license are absolutely safe, reliable, and regulated by one of the best in the business.