The Betting and Gaming Act of 2005 governs licenses granted by Anjouan, Union of Comoros. Get to know the main gambling regulator in the Union of Comoros and learn more about licensed casino sites here.
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Different types of offshore gambling activities have been legal in the island country of Comoros since 1977. The government of the Union of Comoros officially legalized online gambling activities in 1999 and legal gambling activities are detailed in the main gambling legislation, the Betting and Gaming Act which has been in force since 2005.
The main regulatory body is the Anjouan, Union of Comoros which has been established under the Betting and Gaming Act. The Comoros Regulatory Body also reports to the Comoros Finance Commission and its main responsibilities include regulating and overseeing different forms of online gambling activities, including online sports betting and online casino gaming.
The Comoros Regulatory Body also oversees greyhound and horse race betting and other forms of legal gambling activities.
The Anjouan, Union of Comoros is tasked with issuing different types of gambling-related licenses, including casino licenses that allow operators to offer different types of casino games, such as bingo, poker, and table/card games.
The Comoros Regulatory Body also issues licenses to companies that want to offer offshore gambling activities and products, as well as licenses to run sports betting businesses. Additionally, neither sales tax nor VAT taxes apply in this area of the world. There is no further gaming tax assessed if a licensee obtains a license from the Comoros Regulatory Body.
Licensees can receive their revenues from a variety of Anjouan banks, which have offices across the globe. Despite having an uncertain beginning when it comes to gambling activities, the gambling regulatory body has managed to enforce strict licensing requirements and maintain greater stability in the entire gambling market.
In addition, businesses can benefit from the excellent banking and telecommunication services offered in this area. All of this contributes to making an environment that businesses want to invest in. Besides being tasked with licensing, the Anjouan, Union of Comoros is also tasked with enforcing different customer policies and making sure that all licensees operate according to local gambling laws and regulations.
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