Although the regulation is strict, online casinos licensed by Anjouan, Union of Comors enjoy certain benefits that drive them towards obtaining this license. These casinos can have their servers located anywhere in the world, which makes it easier for them to handle their operations without having a physical presence in the country. However, this doesn’t mean that online casinos licensed by Anjouan have it easy in other important aspects.

Licenses issued by Anjouan, Union of Comors, are regulated by the Betting and Gaming Act of 2005. This Act established a dedicated Gaming Board, which takes care of the application process and evaluates the applicants based on different relevant factors. To receive the license, an online casino needs to pay the fee to start the process, after which they need to obtain certificates of good reputation and morality from the Gaming Board.

The Anjouan State issues two types of licenses. One is issued for online gaming as such, while the other one has to do with financial aspects and offshore banking. Only those companies that meet all the criteria can receive both of these licenses.

As for costs, the applicants need to pay a fixed fee of $20,000 to initiate the licensing procedure, with further $1,400 required to cover administrative fees. There is a long list of required documents that applicants need to submit with their application to confirm their good standing and fair business practices.

From everything stated here, it is clear that Anjoun, Union of Comors licensed online casinos have to meet some very strict criteria. For this reason, there aren’t that many online casinos featuring this particular license, but those that do have to operate within strictly set limits, offering players all the necessary reassurances.

All safety concerns are in the hands of the Anjouan Betting and Gaming Board. The ABGB sets very strict basic principles that any licensee must adhere to if they wish to receive and maintain their license. These include morality, financial capacity, and ethical behavior. The Board looks into the applicant prior to issuing a license and looks for any signs of money laundering, less than stellar security standards, and any fiscal omissions. With such a thorough process, players can rest assured that online casinos licensed by Anjouan offer the highest safety standards around.