Put simply, iGaming is the wagering of money or other items of value on the outcome of an online game. iGaming encompasses, inter alia, poker, sports betting and online casinos. In this age of cutting-edge technological progress, many industries are turning to online platforms for the added convenience.
Benefits of iGaming compared to land-based gambling
- Fast and anonymous betting
- Greater comfort (convenience in terms of locations and times)
- More games
- Online bonuses
iGaming is popular in China, the USA, Malta and Germany, yet it remains unlawful in many jurisdictions, such as Japan and Singapore. Fortunately, Antigua is a country where it is both popular and legal.
The iGaming industry targets huge swathes of users every year: a thriving sector fuelled by Antigua and Barbuda’s endeavours in the sector.
iGaming in Antigua – the background
In 1994 Antigua and Barbuda became one of the world’s first online gaming jurisdictions. Since then, Antigua and Barbuda has been regulating online gaming and issuing licences. Nowadays it is clearly one of the most popular and pivotal gaming jurisdictions worldwide.
The island state led the way by being the earliest online gaming authority to create monetary value in the sector. The Kahnawake Gaming Commission was set up in 1996, forcing many Antigua-based companies to relocate to North America, yet Antigua and Barbuda remains a key player in the iGaming industry and offers huge advantages for gaming businesses. For illustrative purposes, international activity is tax-free, and operators automatically gain access to British players given that Antigua and Barbuda is prominent on the UK’s white-list of gambling jurisdictions.
Our unswerving commitment and in-depth knowledge of both the sector and employment trends in the industry puts us in an excellent position to provide consultancy and advisory services to anyone seeking greater insight into regulations and figures. We always recommended consulting a Relocate Antigua iGaming advisor, who can point you in the right direction should you be looking to invest in the sector.
The benefits of iGaming investment
Investing in Antigua is a smart move that comes with a suite of benefits in terms of tax residency and citizenship through investment. These advantages are explicitly beneficial in Antigua’s iGaming sector, where it is one of only a few countries where the industry is law-compliant. The goal of iGaming businesses is to furnish unequalled technological experiences for customers. Replete with stylish features, 24/7 support and a Bitcoin-friendly perspective, there are myriad ways to benefit from iGaming in Antigua, specifically by investing in game development and new facilities.
The casino industry plays a pivotal role in Antigua’s economy, making it a sustainable sector to tap into, irrespective of whether you’re an industry professional or an investor. Relocating to Antigua is the obvious choice to allow iGaming experts to provide you with everything you need to set-up your business and licence. A one-stop advisory service you can bank on. You will need to apply for an Antigua and Barbuda online gambling licence and settle the processing fees. Once approved, you’ll be granted a one-year licence (renewable yearly on expiry).
By keeping our ear to the ground, Relocate Antigua’s expert consultants are able to keep you up to date on the iGaming industry’s legal developments, regulations and requirements. As advisors with specialist knowledge of local customs and landscapes, we make sure you stay abreast of shifting politics and perspectives on the islands, too.
Whether you’re interested in taking the leap and using our relocation services to ignite your iGaming career with an iGaming license in Antigua, or seeking to invest in a booming industry in paradise, please feel free to contact our team for tailored support in becoming part of the iGaming movement in Antigua.