Vanuatu is a country located in the South Pacific Ocean spreading across more than 80 individual islands. Recognizing the economic potential of the expanding iGaming sector, the government decided to enter the market by offering online gaming licenses for perspective operators.
Online casinos licensed by Vanuatu offer a safe and regulated gambling space. The country strives to bolster its economy, but also focuses on creating a fair and responsible gaming environment provided by the casinos based within its borders.
The long-term plan is for the government to work closely with reputable operators to become one of the major driving forces in creating a more legitimate and safer iGaming experience on the global level.
The Vanuatu online gaming license is issued to gaming operators who meet the strict criteria prescribed by the country’s legislators.
Vanuatu provides licenses for online casino, poker, and sports betting operators. Those applying for a license must provide detailed information about their marketing plans, their target audiences, steps they intent to implement to prevent underage gambling, alongside relevant financial details.
The regulatory board reviews all the applications, and the review process also includes in-depth background checks to make sure a company is truly trustworthy and deserving of a license.
This particular license is relatively fresh so the number of Vanuatu licensed online casinos is still small. However, this is likely to change in the future. The country is offering some very attractive business conditions for gaming operators, including low and highly competitive tax rates. Thus, we’ll likely see many Vanuatu licensed online casinos in the near future.
The Vanuatu regulatory board takes the process of issuing gaming licenses very seriously. A company can only start offering their services once the license is issued, and this won’t happen before detailed and thorough checks are performed to make sure the operator meets all regulatory standards.
In addition to background and financial checks, the board also looks into games and gaming systems to make sure they are fair and well-protected against any potential tampering.
Every gaming company can apply for the gaming license in Vanuatu. However, before they actually receive one, they’ll need to undergo a very rigid review and approval process.
Yes. The review board makes sure that all licensed operators meet regulatory standards and offer a safe, reliable, and trustworthy gaming environment.
Not at the moment as this is a fairly new license. However, we’re likely to see a number of casinos licensed by Vanuatu increase significantly in the upcoming period.
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