License Name
Interactive Gambling Licence
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Issuing Country/Region
Seychelles
Regulatory Body
Seychelles Gambling Authority (administered by the Financial Services Authority, FSA)
Types of Regulated Games
Online casino games, online betting, poker, slots, interactive gambling
Market Coverage
International
Regulator's Reputation
Average
Legal Entity Requirements
Company must be registered in Seychelles under the Companies Ordinance, 1972
Minimum Share Capital
EUR 50,000 for casino activities
Directors and Shareholders Requirements
Background checks verifying no economic crimes or prosecution; approval needed for non-Seychellois holding property interests
Anti-Money Laundering (AML) Requirements
Compliance with Seychelles AML laws; internal control and customer identification procedures; reporting of suspicious transactions
Reporting Requirements
Monthly reporting to the Seychelles Gambling Authority on all betting “take and payout”
Audit Requirements
Annual financial statement inspection and regular independent audits
Software Certification Requirements
Gaming software and platform must be certified
RNG Certification
RNG must be certified
Payment System Requirements
Proof of functioning payment systems, documentation required regarding aggregators and payout honesty
Server Location Requirements
Servers supporting online gaming must be located within Seychelles
Domain Name Requirements
Not specified
Player Data Storage Requirements
All documentation, including player data, must be stored in Seychelles
Cross-Border Operations
International operators can operate outside Seychelles through International Business Companies, but cannot offer services to Seychellois residents
License Application Transparency
Application process outlined by authority; document requirements published
Regulatory Contact Point
Seychelles Gambling Authority, FSA
Compliance Officer Requirement
Not specified
Local Partnership Requirements
Company registration on Seychelles required
Legal Dispute Resolution
Seychelles law applies; FSA may mediate disputes
License Transferability
Transfer of license requires separate application and payment of full application fee
Sub-Licensing Rules
Not specified
License Cost
Application fee SCR 50,000 for interactive gambling; annual licence fee SCR 300,000
Annual Fees
SCR 300,000
Income Taxes
Corporate and gambling tax exemption for licensed companies
Financial Guarantees
Bank deposit or guarantee required, minimum EUR 30,000 for bookmaker activities
Liquidity Requirements
Company must have cash flow/bank balance covering all prizes offered
Financial Reporting Requirements
Accounting and tax reporting to regulator; annual financial statement audit
Application Processing Time
Not specified
Required Documents
Company registration documents, information on founders/beneficiaries, gaming software certificates, business plan, bank account data, proof of payment of minimum capital and guarantee
Business Plan Requirements
Three-year business plan required in application
Internal Policy Requirements
Internal regulations (game rules, AML/KYC, payout procedures)
Testing Requirements
Software and RNG certification
Physical Office Requirements
Proof of Seychellois office lease or ownership; location must be approved by Seychelles Planning Authority
Local Representative Requirements
At least one director or local representative is typically required
Marketing Restrictions
Advertising rules set by authority; under-18s excluded from participation
Responsible Gaming Measures
Notice of activity, self-exclusion for under-18s, responsible gaming promotion
Self-Exclusion System
Underage exclusion enforced; responsible gambling assurance
Age Verification Procedures
No betting ticket may be issued to persons under 18 or permit such persons in gaming premises
KYC Procedures
Customer identification/verification as per AML laws
Complaint Handling Procedures
Complaints log available for inspection by Seychelles Gambling Authority
Player Funds Protection
Proof of financial guarantee and separate cash flow/bank balance for prizes
Permitted Games List
Includes online poker, blackjack, roulette, baccarat, slots, betting
Betting Limits
Not specified
RTP Requirements
RTP certification required via eCOGRA or similar certification
Jackpot Regulations
Not specified
License Duration
1 year, renewable
Renewal Procedure
Annual renewal requires payment of fee and proof of ongoing compliance
Penalties for Non-Compliance
License may be suspended or revoked for non-payment of annual fees or other violations
Ownership Change Rules
Changes in ownership require notification and re-approval
Mergers and Acquisitions Rules
Not specified
Branding Requirements
Website must display official license and operator data
Intellectual Property Protection
Certification of software supplier/developer rights required
Official Address
Financial Services Authority, FSA House, Bois de Rose Avenue, Victoria, Mahé, Seychelles
Postal Address
FSA House, P.O. Box 991, Bois de Rose Avenue, Victoria, Mahé, Seychelles
Online Application Portal
https://fsaseychelles.sc/applying-for-a-license
Work Hours
Monday-Friday, 8:00–16:00
FAQ Question 1
What is Interactive Gambling Licence?
FAQ Answer 1
The Interactive Gambling Licence authorizes companies registered in Seychelles to operate online gambling, including casino, betting, and gaming platforms, for international markets.
FAQ Question 2
Which jurisdiction issues Interactive Gambling Licence?
FAQ Answer 2
Seychelles issues the Interactive Gambling Licence, regulated by the Seychelles Gambling Authority and administered by the Financial Services Authority (FSA).
FAQ Question 3
What is the cost of obtaining Interactive Gambling Licence?
FAQ Answer 3
The application fee is SCR 50,000, with an annual renewal fee of SCR 300,000. Additional fees may apply based on the type of operation and required guarantees.
FAQ Question 4
What are the main requirements for Interactive Gambling Licence?
FAQ Answer 4
Key requirements include Seychelles company registration, minimum share capital, certified software and RNG, server and data storage in Seychelles, monthly reporting, financial guarantees, and AML/KYC compliance.