Saint Kitts And Nevis Jurisdiction profile

Gambling Jurisdiction of St. Kitts and Nevis The Federation of Saint Christopher and Nevis, also known as Saint Kitts and Nevis, consists of two islands within the West Indies. The federation has been independent since 1983 and offers a quality gambling scene. Tourists visit the region on a yearly basis and residents also enjoy taking part in the gambling industry. The Betting and Gaming (Control) Act of 1999 (updated in 2021) guides Saint Kitts and Nevis' industry, with Saint Christopher and Nevis Gaming Board acting as the overseer. The Board determines who is permitted to offer gambling services on the islands. The group is also in charge of ensuring the industry operates in a safe and secure manner. All potential license holders are subject to a review and must pass certain protocols before approval is given. To be considered, an organization must apply for licensing and pay the $80,000 concession fee. A filing fee is required of $2,000 and annual taxes of $40,000. Additional requirements include documentation of passports of company individuals, police requirements, and operators may not own a bank. Any corporations interested in offering services must be incorporated in Saint Kitts and registered. Corporations must also have a hotel with 200 guest rooms or more. Additional materials similar to those required by individual applicants may also be asked of corporations. This can include information on individuals working for the company. All player transactions must also be handled in banks that are located on the islands. After a license is approved, there is no distinction between land-based casinos and online gambling. Players must be 21 years or older to take part and operators are then allowed to offer either service. Most casinos and gaming venues are located on the island of Saint Kitts. This area tends to be a hot spot for tourists. Any company that provides online betting or gaming must register with the Financial Services Department of the Ministry of Finance. Additional licensing requirements include work permits for non-nationals and the government must be made aware of any director or owner changes. Companies must also consult with government officials before launching any online advertising campaigns. Online casino sites based in Saint Kitts are not allowed to offer services to residents. This is a common trend among many smaller jurisdictions. While the action is illegal, federal policy is in place that does not penalize online gamblers for playing on sites that are registered on the islands if the player is located in a region where gambling is illegal. The issue is considered to be one that the player and the local government should handle. Saint Kitts and Nevis maintain that they should be allowed to offer such services to players with no issue. They do not discriminate against players who are located in other jurisdictions. While locals are not allowed to play at online casino sites licensed on the islands, visitors are welcome. Saint Kitts and Nevis islands are popular tourist destinations. Visitors are encouraged to enjoy land-based venues and online services whenever they like.