License Name
Belize Online Gaming License
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Issuing Country/Region
Belize
Regulatory Body
Gaming Control Board of Belize
Types of Regulated Games
Online casino games, betting, lotteries
Market Coverage
International
Regulator's Reputation
Good
Legal Entity Requirements
Company must be incorporated in Belize (as an International Business Company)
Directors and Shareholders Requirements
Disclosure of all directors, managers, shareholders, ultimate beneficial owners (10%+), personal information and fingerprints required
Reporting Requirements
Business plan, 5-year financial projections, regular reporting as per license conditions
Audit Requirements
Copies of audited accounts of the applicant required; financial stability must be maintained
Server Location Requirements
Computer or device may be located and maintained within Belize for game operation or bet receipt
Domain Name Requirements
Not specified in official application guidelines
Language Support Requirements
Application process and documentation submitted in English
Legal Compliance Costs
Application fee payment, annual license fee, maintenance of financial/AML compliance
Background Checks
Full set of fingerprints and background/identification documents for all owners, directors and financial-interest individuals
License Scope Restrictions
Operators may not accept bets or provide gaming to Belize residents; international operations only
License Application Transparency
Submission of business plan, executive summary, ownership disclosures and ongoing financial information to regulator
Regulatory Contact Point
Chairman, Gaming Control Board, Ministry of Investment, Belmopan, Belize
Compliance Officer Requirement
Not specifically mandated, but key personnel and operational suitability subject to Board vetting
Legal Dispute Resolution
Procedures outlined in the Gaming Control Act and determined by the Board and regulations
License Transferability
Not specified
Sub-Licensing Rules
Not specified
License Cost
Non-refundable application fee US$5,000
Annual Fees
US$10,000 per year
Income Taxes
0.75% of gross annual turnover up to $250,000 maximum (official guidance)
Financial Guarantees
Security deposit (typically up to US$500,000 held in trust as indemnity against fraud/violations)
Financial Reporting Requirements
Last three years of audited accounts required; ongoing financial and revenue reporting to the Board
Application Processing Time
Application can be processed within weeks if all materials are in order; swift compared to other Caribbean jurisdictions
Required Documents
Ten bounded copies of application/business plan, audited accounts, incorporation docs, shareholder/manager identification and fingerprints, photos
Business Plan Requirements
Detailed business plan including company structure, objectives, marketing, employment/organizational chart, five-year financial projections, social responsibility initiatives
Internal Policy Requirements
Corporate social responsibility section in business plan; regulatory compliance policies expected
Testing Requirements
Not specified in application guidelines
Certification Requirements
Not specified in application guidelines
Staff Qualifications
Must provide owner/manager/principal qualifications and experience
Physical Office Requirements
Address of business operations required; company must be incorporated in Belize
Responsible Gaming Measures
Social responsibility initiatives included in business plan
Age Verification Procedures
Applicant must comply with Gaming Control Act, which prohibits minors (<18) from gambling
KYC Procedures
Identity verification required for all company owners, directors, beneficial owners
Player Funds Protection
Security deposit held by the Board as protection
Permitted Games List
Casino, betting, lottery; actual content decided per application/license conditions
Betting Limits
Not specified in official guidance
RTP Requirements
Not specified in official guidance
Security Standards
Not specified in application guidelines
Encryption Requirements
Not specified in application guidelines
Uptime Requirements
Not specified in application guidelines
Technical Support Availability
Not specified in application guidelines
License Duration
Annual (renewable each year by March 31)
Renewal Procedure
Submit annual renewal and pay annual fee
Official Address
Gaming Control Board, Ministry of Investment, No.46 Nanche Street, Belmopan Villas, Belmopan, Cayo, Belize
Work Hours
Standard Belize government business hours (typically Monday–Friday, 8:00–17:00)
FAQ Question 1
What is Belize Online Gaming License?
FAQ Answer 1
A Belize Online Gaming License is an official license authorizing international operators to run online casinos, betting, or lottery platforms under the supervision of the Gaming Control Board of Belize. It requires Belize company incorporation, thorough vetting, and compliance with regulatory and anti-money laundering standards.
FAQ Question 2
Which jurisdiction issues Belize Online Gaming License?
FAQ Answer 2
The Belize Online Gaming License is issued by the Gaming Control Board of Belize, which operates under the Ministry of Investment in Belize.
FAQ Question 3
What is the cost of obtaining Belize Online Gaming License?
FAQ Answer 3
The application fee is US$5,000 (non-refundable), and the annual license fee is US$10,000. Licensees must also maintain a security deposit, typically up to US$500,000, as an indemnity against fraud or violations.
FAQ Question 4
What are the main requirements for Belize Online Gaming License?
FAQ Answer 4
The main requirements include Belize company incorporation, employment of at least 25 people, submission of a comprehensive business plan and financial records, full disclosure and due diligence of all company directors and owners, and ongoing compliance with the Gaming Control Act, anti-money laundering laws, and annual renewal conditions.