The Kahnawake Gaming Commission (KGC) is the regulating body for one of the most reputed jurisdictions for regulating and licensing of online gaming operators, such as online poker rooms and casino websites. The KGC is in charge of licensing online gaming operations and interactive wagering in the Mohawk territory of Kahnawake.
The main advantage of the KGC is its location in North America. It is the only organization that has servers hosting real-money online gambling sites in this territory. Other real-money online casinos are targeted at Europe, Australia, or the Caribbean.
The KGC was established in 1996 and started issuing online gambling licenses from 1999. The commission’s rules, regulations and standards and basic principles are as follows:
- Fair gaming. All gambling games provided to online players must be delivered on an honest and fair basis;
- Payouts guarantee. Winners must be paid with their gains at all times without exceptions;
- Geographical reference. Only certain individuals and entities have a permission to use gambling services through this jurisdiction.
The KGC currently consists of three responsible members empowered to issues licenses and regulate online gambling activity under the commission’s jurisdiction. The members are appointed by the Mohawk council of Kahnawake.
Basic requirements are:
In order to qualify the following conditions and submissions have to be met:
- Original Certificate of no criminal record of the owners of the company to ensure that there are no criminal records about these owners, not older than 3 months;
- Certified Copy(ies) of passport(s) not older than 3 months;
- Original Bank references of the owners; not older than 3 months
- Original or Certified Copies of utility bills not older than 3 months
- Description and details of the games offered and gaming software being used
- Confirmation of the RNG application and its fairness (3rd party certification) if applicable
- Hosting of majority of servers in Kahnawake
Our turnkey online gaming package with Kahnawake Online Gaming License includes everything you need to get started.
What does the package include?
Our complete package includes everything you need to set up and operate an online gaming Company with a Kahnawake Online Gaming License.
· Incorporating the Offshore Holding Company;
· Incorporating the EU Contracting Company;
· Set up the Corporate Structure so as to be tax efficient;
· Prepare and submit the application for the Kahnawake Online Gaming License
· Establishing a Corporate Settlement Account for the business;
· Establishing a Corporate Merchant Account for the business to accept payments directly via Visa & Mastercard;
To summarize our complete package includes:
- An Offshore Corporation: Incorporating offshore is an excellent choice when it comes to registering an offshore holdings company. Featuring Zero-Tax status and one of the world’s friendliest corporate legal environments.
- A European Contracting Company: We recommend Cyprus for incorporating the required EU contracting company. Cyprus is an ideal choice when it comes to incorporating a company for international business activities especially online businesses focused on Asian, Australian, European and Latin American markets. Tax optimized corporate structure combined with low-tax on profits (12.5% Tax Rate on net profits), and one of the world’s friendliest business environments enable you to conduct your business successfully.
- Kahnawake Online Gaming License
- A Corporate Account for online gaming: We work with a variety of international payment institutions and financial institutions who cater to the online gambling industry.
- Direct Online Gambling Merchant Accounts for acceptance of both Visa & MasterCard at the absolute best rates: Once you have your business established you will need to be able to receive payments from your customer.
- 4 Hours Personalized Advice: Need some help or assistance with conducting your business offshore? Want to get favorable conditions when applying for an offshore credit card? Want to know where you can invest your offshore profits for maximum return? … Ask us! We offer the best after-sale support in the industry, and will do our best to assist you with whatever concerns and problems you might have … !
What a wealth of benefits!
The Kahnawake Online Gaming License Package is available for an initial set up cost of only US $52,850 including everything outlined above as well as the Kahnawake Online Gaming License Application Fee and first years Kahnawake Gaming License Fees.
There is no better time to take advantage of Banking Offshore, Offshore Incorporation & Offshore Company Formation as the world becomes a “Global Village”.
Take advantage of our more than 20 years of experience and let us help you every step of the way.
Contact Us to order your Kahnawake Online Gaming License Package Immediately!
Your business is important to us and we guarantee professional service.