BC Game License
BC Game in Indonesia provides a wide range of legal casino services with secure cryptocurrency transactions. The company operates under a license issued by the government of the Autonomous Island of Anjouan, Union of the Comoros. License number: No. ALSI-202410011-FI1. In this section, we have compiled complete information about the license, its advantages, and how to obtain it. We also present facts about how BC Game has successfully passed all the necessary checks and has the official right to conduct gaming operations in Indonesia.
Restricted Countries for BC Game
Access to BC Game services is restricted or closed in some countries for a number of reasons:
- Gambling bans in countries;
- Sanctions related to political or economic restrictions block the operation of bookmakers;
- Lack of confirmation of authority to provide gaming services in the region.
Due to regulatory and legal requirements, BC Game restricts access to the following countries:
Afghanistan, Albania, Algeria, Angola, Australia, Bahamas, Botswana, Belgium, Bulgaria, China, Colombia, Croatia, Czech Republic, Denmark, Estonia, Ecuador, Ethiopia, France, Ghana, Guyana, Hong Kong, Hungary, Israel, Italy, Iran, Iraq, Kuwait, Latvia, Lithuania, Mexico, Namibia, Netherlands, North Korea, Pakistan, Panama, Philippines, Portugal, Romania, Singapore, Spain, Sweden, Switzerland, Sudan, Syria, Taiwan, Turkey, Uganda, United Kingdom, Zimbabwe, Aruba, Bonaire, Curaçao, Costa Rica, Netherlands Antilles.
Advantages of the Anjouan Autonomous Island License
he Anjouan license is recognized worldwide and grants the operator the official right to conduct betting, as well as providing greater security and confidence for users. Advantages of this license:
Simplified and Fast Registration
The Anjouan license is issued faster and with fewer requirements than in countries with strict regulations, such as Malta or the UK.
Low Tax Rates
Operators pay lower taxes, which makes doing business more profitable.
Flexibility in Regulation
Anjou offers less stringent requirements for operators, allowing them to work with cryptocurrencies and serve international players.
Access to the Global Market
The license allows players from most countries to be accepted, except those where gambling is prohibited.
Cryptocurrency Betting
The Anjouan license allows the use of Bitcoin, Ether, and other cryptocurrencies for betting.
Fast Service
Payments and transactions are faster due to fewer bureaucratic restrictions.
How to Obtain a License?
To obtain a license, you must meet a number of requirements. Here are the steps you need to take:
Selecting a Jurisdiction
Start by selecting a jurisdiction and submitting an application. Each country or region has its own rules and conditions for obtaining a license, so it is important to familiarize yourself with the requirements of the selected jurisdiction.
Registering a Business
You must register your business, as well as register trademarks and permits. It is important to comply with all regulatory requirements applicable in the chosen jurisdiction.
Prepare Documents
Put together a package of documents, including a detailed business plan and bank statements confirming the legality of the sources of investment.
Gather Additional Information
Prepare information about key company employees, sources of funding, and the scope of activities in the gambling industry.
Compliance with AML/KYC Requirements
It is necessary to implement an anti-money laundering (AML) policy and a customer identification procedure (KYC). The business must also undergo regular independent audits and take measures to prevent underage gambling.
Submit Your Application
Before submitting your application, pay all the necessary fees and include the following documents in the package:
- Passport details of the business owners;
- Certificates of no criminal record;
- Financial reports;
- Detailed descriptions of gaming software and games;
- A reliable business plan.
Application Review and License Issuance
After submitting the application, the regulator will carefully review all the documents provided. In some cases, additional clarification or information may be required before final approval.
License Revocation
A license may be revoked or suspended in the event of the following violations:
Non-Payment of Taxes
Taxes and fees must be paid on time, otherwise the license may be suspended.
Violation of Legislation
All legal obligations must be fulfilled, including betting limits for adult players. Non-compliance may result in fines or license revocation.
Accounting Issues
Transparent accounting is required. If accounting methods are questionable, this may lead to audits and fines.
Non-Compliance with AML Requirements
If an audit reveals risks related to non-compliance with anti-money laundering requirements, the license will be revoked.
Violation of Player Rights
Failure to comply with user protection standards, including possible fraud, unclear game rules, or improper processing of personal data, may result in license revocation.
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