Nevis launches online gaming bill as licensing interest grows
Nevis introduced an Online Gaming Bill in April, creating a licensing framework for B2B and B2C gaming companies. Gilad Oren, chief executive of GBO International Financial Services, said licences carry an annual fee of EU28,000 and are being processed within eight to 12 weeks; he reported interest from clients in several Asian markets.
The proposed licensing framework and stated fee and processing period could inform suppliers’ and operators’ jurisdiction choices.