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Nevis Gaming License: A Strategic Gateway for iGaming Entrepreneurs

Written by Daniel Verblovski | Jun 4, 2025 2:43:37 PM
Unlocking Caribbean Potential: Nevis Launches New iGaming License Framework

The Caribbean island of Nevis is making bold strides into the global online gambling arena with the launch of a newly refined iGaming license framework. Known for its business-friendly legislation and tax-neutral environment, Nevis is positioning itself as a serious contender for operators seeking a cost-effective, quick, and reputable licensing jurisdiction. With increased demand for alternative gambling licenses outside of Curaçao and the UKGC, Nevis offers a compelling solution for start-ups and established players alike.

Why Choose Nevis for Your iGaming Operation?

Nevis, part of the Federation of Saint Kitts and Nevis, has long been regarded as a stable offshore jurisdiction for international businesses. With minimal bureaucracy, low operating costs, and no corporate or gaming tax on income derived from outside the jurisdiction, it is especially appealing for remote-first iGaming operators. Unlike more traditional licenses, Nevis focuses on simplicity and speed, offering a clean pathway for firms looking to get up and running in weeks rather than months.

Step-by-Step: How to Apply for an iGaming License in Nevis

Applying for an iGaming license in Nevis is a structured but accessible process. Here is a detailed breakdown:

1. Incorporate a Company in Nevis

A Nevis Business Corporation (NBC) must be formed. This legal entity will serve as the license holder and be subject to local corporate governance rules. Obtained.com assists in the full incorporation process, ensuring compliance with registrar requirements and setup of a virtual office if required.

2. Draft a Comprehensive Business Plan

The regulator requires a full business plan covering company structure, description of products (casino, sportsbook, etc.), target markets, software providers, anticipated revenue, AML strategy, and responsible gaming policies. Obtained.com can develop investor-grade business plans tailored to the regulatory expectations of the Nevis FSC.

3. Submit Application to the Nevis Financial Services (FSC)

The application package includes completed forms, business plan, due diligence documents (passport, proof of address, CVs, etc.) for shareholders, directors, and the compliance officer. Obtained.com prepares and submits the application on your behalf while liaising directly with the FSC throughout the review period.

4. Appoint a Local Compliance Representative

While Nevis does not require a local office, a registered agent and local compliance representative must be appointed. This role is critical to ensure that the license holder complies with anti-money laundering laws, responsible gambling policies, and reporting obligations. Obtained.com can source experienced local professionals who fulfil this function.

5. Finalize Licensing and Secure Hosting

The FSC does not currently mandate servers to be hosted locally in Nevis. Applicants may use reputable offshore hosting providers with mirrored backups. However, operators must provide details of server location, data security measures, and a full tech stack. Obtained.com ensures your hosting and platform arrangements meet licensing requirements.

6. Ongoing Compliance and Reporting

Once licensed, you’ll need to submit periodic reports and maintain updated AML policies, KYC logs, and complaint management systems. Any material changes in corporate structure, operations, or banking relationships must be reported to the FSC. Our team assists clients with compliance audits, document renewals, and regulatory reporting.

Can Crypto iGaming Platforms Apply?

Yes. The Nevis iGaming license is compatible with fiat-only, crypto-only, and hybrid operations. Whether your platform is built on USDT, BTC, or stablecoin infrastructure, Obtained.com can advise on appropriate declarations, wallet setup, and transaction monitoring solutions in line with global FATF standards.

How Obtained.com Supports Your Licensing Journey

Unlike other consulting firms, Obtained.com offers full end-to-end licensing and growth support. Our iGaming division handles:
- Business plan drafting and financial forecasts
- Company incorporation and regulatory strategy
- Appointing a local compliance officer or MLRO
- Developing AML and responsible gambling frameworks
- Liaising with banks and crypto-friendly PSPs
- Advising on platform setup and reporting systems

We don’t stop at licensing. Our experts ensure your operation is built to scale—both from a compliance and commercial standpoint.

Licensing Costs & Timelines

Note: Costs vary based on platform complexity and the need for add-ons.

• Government license fees: ~ €28,000 APROX annually
• Incorporation + agent + filing: ~ €5,000 – €8,000
• Time to license: Typically 4–8 weeks
• Optional legal opinions and tech advisory available

Obtained.com offers bundled packages to reduce upfront cost and allow founders to spread legal and compliance spend over time.

Conclusion

The revamped Nevis iGaming license is a compelling option for entrepreneurs, established operators, and crypto-native platforms. Its speed, flexibility, and cost-effectiveness make it an ideal jurisdiction to launch new brands or expand existing operations.

Whether you’re building a next-gen sportsbook, NFT-powered casino, or want a dual license to process payments—Obtained.com can get you there. Talk to us today for a strategic consultation on how Nevis fits into your global licensing roadmap.