Tobique (Canada) – Online Gaming License
The Tobique Gaming Commission | Timeframe: 3-4 weeks after submission of all required documentation
License Overview
Regulatory Authority
The Tobique Gaming Commission
(TGC)
License Type
Online Gaming License
(TGC)
Timeframe
3-4 weeks after submission of all required documentation
License Types
Remote Gaming License (B2C)
- Sports betting and virtual sports
- Betting exchanges and intermediaries
- Online Casino (wagering)
- Lotteries and pool betting
- Poker and P2P games
- Bingo and skill games involving stakes
- Direct interaction with player, handling player's funds
- AML obligations and gaming obligations apply
- Physical prize raffles NOT ALLOWED
Casino or Sports Wagering Software License (B2B)
- Gaming software & Aggregation (i.e., white label providing)
- No direct interaction with player or funds handling
- Can partner only with licensed companies
Approved Vendor Status for Services (B2B)
- Non-gaming critical services e.g., server hosting, cloud and data-center services, platform infrastructure and hosting gaming systems
- Critical focus on data security and system integrity
- Regulatory oversight of infrastructure, often required for gaming servers
Capital Requirements
Required Capital
No minimum – adequate capital must be proven instead
Regulatory Capital Requirement
No minimum – adequate capital must be proven instead
Operational Requirements
Physical Presence
No local presence requirement
Staff Requirements
- Directors (number depending on the country of incorporation)
- Responsible Gambling Officer
- Compliance Officer
Key Questions
Who regulates the Tobique (Canada) Online Gaming License?
The Online Gaming License in Tobique (Canada) is issued by the The Tobique Gaming Commission (TGC).
How long does it take to obtain the Tobique (Canada) Online Gaming License?
Timeframe: 3-4 weeks after submission of all required documentation.
What is the minimum capital for the Tobique (Canada) Online Gaming License?
No minimum – adequate capital must be proven instead
Is local presence required for the Tobique (Canada) Online Gaming License?
No local presence requirement
Which license types are available in Tobique (Canada)?
Remote Gaming License (B2C): Sports betting and virtual sports, Betting exchanges and intermediaries, Online Casino (wagering), Lotteries and pool betting, Poker and P2P games, Bingo and skill games involving stakes. Casino or Sports Wagering Software License (B2B): Gaming software & Aggregation (i.e., white label providing). Approved Vendor Status for Services (B2B): Non-gaming critical services e.g., server hosting, cloud and data-center services, platform infrastructure and hosting gaming systems
Why Tobique (Canada)?
- No local taxation imposed for operating in the jurisdiction
- Multiple acquirers have already accepted the jurisdiction of Tobique
- Relatively quick licensing process
- Solid jurisdiction (located within Canada, the Tobique First Nation is free from geopolitical upheaval that can plague other jurisdictions)
- An online B2C license that covers all verticals