If you’re considering setting up an online gambling business, you might be evaluating which jurisdiction is best suited to your licensing needs. The Kahnawake gaming license offers operators a flexible, cost-efficient, and straight forward setup process with a whole host of benefits. A well-respected jurisdiction and a preferred location for startups, operators can enjoy competitive setup and maintenance costs, enticing fiscal benefits, and an agile licensing process.
Benefits of the Kahnawake Gaming License
There is a wide range of benefits to acquiring a Kahnawake betting license from the Kahnawake Gaming Commission. These have resulted in the jurisdiction becoming one of the leading locations for startup and established online gambling companies.
Here are just some of the benefits of a Kahnawake online gambling license.
1. Relatively Quick
While the Kahnawake license may not be as quick as Curacao, it is still possible to acquire it in a relatively short period. Of course, this depends on how quickly you submit all the applicable documentation and making sure that the documents are as requested.
The application process usually takes 2 to 3 weeks and if everything is in order, approval can take another 8 to 10 weeks. This makes Kahnawake one of the fastest jurisdictions for acquiring an online gambling license.
2. Straight forward
Applying for an online gambling license in any jurisdiction requires a significant amount of paperwork, documents, and processes.
While this does still apply to Kahnawake, there is less than other jurisdictions.
Compared to Curacao, there are more tasks to be completed such as questionnaires and supporting documentation that needs to be provided, the burden is less. Furthermore, if you engage Fast Offshore to help you with the process, you can lessen the load even more.
3. Player acceptance
The Kahnawake Gaming Commission is known for its respectability and the jurisdiction is considered trustworthy.
Holding a Kahanawake gambling license implies responsible and fair gaming practices and that the entity is not fraudulent in any way.
The Commission takes the complaints of users very seriously and those that violate the rules are suspended. Some even have their licenses cancelled and this has been the case following investigations that revealed unethical business practices.
This dedication to regulatory efforts has resulted in a high-level of player protection for players and business partners. It’s understood that the Commission is dedicated to supervising and monitoring their licensees and this increases player loyalty and confidence in gambling platforms.
4. Fast Offshore
Another great option for startups or small gaming businesses Fast Offshore usually recommends the Kahnawake online gambling license for startups or smaller businesses. This is due to all of the benefits listed here but also because it remains cost-efficient. This means that profits can be reinvested into the business to help with expansion, business development, marketing, and onboarding new games, rather than paying taxes and hefty fees.
