The island of Anjouan has recently announced a significant milestone: a total of 825 active iGaming licensees supporting approximately 2,017 live online gambling sites worldwide. Over the last few years, the jurisdiction of Anjouan has emerged from relative obscurity to become a leading name in the iGaming sector, particularly for startups or smaller operators. So, how did we get here?
Anjouan has been issuing iGaming licenses for several years, but it has not enjoyed particularly good uptake. It lacked the simplicity, credibility, and notoriety that licensing jurisdictions need to be competitive. However, following regulatory streamlining, a tightening of rules, and a sharpening of processes, the license has piqued the interest of operators worldwide. Two years ago, the new license was launched with the aim of providing a new option to the sector and bringing more to the Anjouan economy.
In an announcement on LinkedIn, the authorities thanked licensees, agents, PSPs, banking partners, game and platform providers, and corporate professionals. They added, “Together we have shown that collaboration, transparency, and mutual respect can turn an under-the-radar jurisdiction into a trusted licensing hub. The numbers matter—825 licences, 2,017 sites—but what matters more is the network of people and companies behind them. You placed your trust in us; we do not take that lightly.”
Going forward, the authorities are clear that this is just the beginning, and their commitment to oversight, supervision, support, safety, and standards remains paramount. They look forward to further growth in the coming years.
So why is the Anjouan license doing so well, and what does it offer to licensees?
- Cost-Effectiveness: Licensing fees are the lowest in the industry, including setup and compliance costs, making it an affordable option for startups and smaller operators. Annual maintenance fees are also reasonable, keeping operational costs low compared to other jurisdictions.
- Zero Tax on Gross Gaming Revenue: Operators face no taxes on gross gaming revenue, corporate income, or VAT, which significantly boosts profitability. This allows businesses to reinvest earnings into growth, marketing, or player incentives.
- Rapid Licensing Process: The application process is streamlined, with licenses typically issued within a few days. This quick turnaround enables operators to enter the market swiftly, unlike jurisdictions where approvals can take months.
- Comprehensive Coverage: A single Anjouan license covers all iGaming activities, including online casinos, sports betting, poker, bingo, lotteries, eSports, and blockchain-based games. This eliminates the need for multiple licenses, simplifying operations.
- Global Market Access: The license enables operators to target international markets, with only a few restricted territories. As a World Trade Organization member, Anjouan’s license is recognized globally, making it ideal for emerging markets in Africa, Asia, and Latin America.
- Crypto-Friendly Framework: The license supports cryptocurrency transactions, such as Bitcoin, Ethereum, and Tether, with only standard AML/KYC compliance required. This aligns with modern payment trends and attracts tech-savvy players.
- Simplified Application Process: The licensing procedure is straightforward with minimal bureaucratic hurdles. This reduces the time and resources required to obtain a license, making it accessible to both new and established operators.
- Enhanced Credibility: Holding an Anjouan license signals adherence to a robust regulatory framework, increasing trust among players and business partners. Displaying the license badge on platforms enhances transparency and serves as a marketing tool.
- Flexibility for B2B and B2C: The license supports both business-to-consumer operators and business-to-business providers, such as payment processors and software developers. This flexibility enables scalable growth across different business models.
- Player Protection and Compliance: Operators must implement KYC, AML, and responsible gaming measures, such as self-exclusion options and deposit limits. Regular audits ensure fairness in random number generators and compliance with international standards, fostering player trust.
- Support for Innovation: The flexible regulatory environment accommodates cutting-edge technologies like blockchain and Play-2-Earn games. This allows operators to stay competitive in the evolving iGaming industry.
- Access to Banking and Payment Services: Compliance with Anjouan’s standards facilitates partnerships with reputable banks and payment providers. This ensures smooth financial operations and supports a wide range of payment options for players.
- Regulatory Support: The Anjouan Gaming Board and Anjouan Offshore Finance Authority provide ongoing guidance to licensees. This support helps operators navigate compliance and technical challenges in the dynamic iGaming landscape.
- Low Regulatory Barriers: Compared to stricter jurisdictions like Malta or the UK, Anjouan has fewer regulatory requirements. This offers operators greater flexibility in their offerings while maintaining necessary compliance.
- Strategic Alternative: The license serves as a cost-effective alternative to jurisdictions like Curaçao, especially after its 2023 regulatory changes. Lower costs and faster processing make Anjouan a much more competitive choice.
- Data Privacy and Confidentiality: Strong data protection laws safeguard operator and player information. This ensures compliance with international privacy standards and enhances trust in the platform.
- Scalability and Business Growth: The license’s flexibility allows operators to expand services, add new payment methods, or modify corporate structures without needing additional licenses. This supports long-term business growth.
- Support for Startups: With low entry costs and a quick licensing process, Anjouan is particularly attractive for new businesses. Startups can test and scale their operations with minimal financial risk.
Fast Offshore works directly with the Anjouan authorities and is ready to help you on your licensing journey. Our team of professionals can take care of the whole process, including all ongoing maintenance, leaving you to focus on your business. We offer both off-the-shelf and custom packages, providing full transparency and no unexpected bills. To take the first step, contact our team today!