Gaming license in Seychelles
Seychelles is one of the best and loyal places for obtaining a gaming license. Online gaming is also exempt from gaming tax.
Types of licenses:
• For slot machines;
• For land casinos;
• For interactive gaming (online casinos).
- Confirmation of company registration;
- Memorandum of association;
- Three-year business plan;
- Evidence that the company’s managers were not convicted of economic crimes and that there is no such criminal prosecution at the moment;
- Confirmation of ownership or the right to use the office space (for land licenses);
- Rules and description of games;
- Proof of payment of minimum share capital;
- Evidence of compliance with specifications;
- Confirmation of bank deposit or bank guarantee;
- Confirmation of payment of the administrative fee.
Requirements for bookmaker license:
- Operators must have a separate license for each gaming office they have;
- All bookmakers must be connected via the Internet to the controller system;
- Confirmation of payment of minimum share capital of EUR 75,000 is required;
- Confirmation of a bank deposit or bank guarantee of EUR 30,000 (as a guarantee for payment of fees and winnings).
Requirements for slot machines license:
- Not required when they are offered at the casino since the casino license also includes slot machines;
- Minimum requirements for the authorized capital of the company is 75,000 euros;
- Bank deposit or bank guarantee – 25,000 euros (as a guarantee for payment of fees and winnings).
Requirements for casino license:
- The list of documents that should be provided is determined in the public tender;
- Authorized capital – 300 000 euros;
- Bank deposit or bank guarantee – 90 000 euros, as a guarantee for the payment of fees and winnings.
Requirements for bingo license:
- Minimum authorized capital of a company – 75 000 euros;
- Bank deposit or a bank guarantee – 10 000 euros, as a guarantee for payment of fees and winnings.
Requirements for online games license:
- The operator should ala
- The parent organization must be registered on the islands;
- Servers supporting the online gaming portal should also be located within the boundaries of the islands;
- The software must be certified.
- Company charter, registration certificate, and data from the state register and the tax office;
- Regulations with the terms and conditions of games on the portal or in the land-based casino;
- Certificates of software suppliers;
- Certificates confirming the right to develop gaming software;
- Data on the authorized capital and balance sheet;
- An extract with the official legal address of the company, the physical location should also be published on the site;
- Documents proving the payment of utilities (confirming the address of your corporation and indicating the responsibility of the owner);
- An agreement determining the level and types of relations between the company and the players;
- Data on the payment systems used, the amount of payouts, and the honesty of transactions, including a certificate for a Random Number Generator (RNG) for the offered games, as well as an eCOGRA certificate for RTP;
ready have one of the types of on-land licenses;
- Authorized representatives (including directors and any other persons entitled to represent the company) of the casino are not convicted of economic crimes;
- Proper evidence that stuff is trained to work in casinos should be provided.