Tobique

Why Choose Tobique Gaming License A Comparison with Other Gaming Jurisdictions 

January 29, 2025 / by Tetra Consultants / 0
Why Choose Tobique Gaming License A Comparison with Other Gaming Jurisdictions 

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    What is 9 x 2?

    • If you choose Tobique Gaming License it is the perfect solution to launch an online casino business with this license, issued by the Tobique Gaming Commission (TGC) in Canada, under the Tobique Gaming Act 2023. The license has proved to be an attractive, flexible, and cost-effective option for startups and entrepreneurs entering the online gambling industry. Gaining the Tobique Gaming License allows operators to capture all gaming verticals entirely, thus offering the smooth, holistic approach that inspires further player confidence by the high standards demanded by the regulator and their commitment to responsible gaming.  
    • Tetra Consultants is designed to assist clients and interested parties in progressing through the licensing process smoothly and effectively. Our team will handle company registration, preparation of documents, corporate bank account opening, and others. With the utmost minimum restrictions in a global reach, our experts at Tetra Consultants provide an outstanding offer for those seeking a smooth entry into online gaming. 

    Why choose Tobique gaming license? 

    Value for money 

    • Accessible fee structure: The competitive fees that the Tobique Gaming Licence has put into its structure have made it accessible to operators of any size; this is much lower than in any other jurisdiction. 
    • Revenue independence: Gaming revenue is not taxed in the case of Tobique. Minimal annual fees are paid by the operators only, thus offering a significant cost-saving advantage. 

    Streamlined application process 

    • Efficient approval timeline: Approvals typically take 19 weeks, so the Tobique application process enables operators to launch in record-time and without delay. 
    • User friendly process: Requirements for applications are made simple enough to cut down on the complicated nature surrounding the attainment of gaming licenses in other regions. 

    Robust regulatory framework 

    • High compliance standards: The Tobique Gaming Commission (TGC) maintains high regulatory standards around international norms, thus creating a secure and fair gaming environment for all. 
    • Responsible gaming commitment: The license requires responsible gaming measures, which include self-exclusion programs and addiction resources for support, thus protecting the player. 

    Market opportunities galore 

    • Access to global markets: A Tobique Gaming License is a key gateway to a living, breathing, rich world marketplace, providing expansion and growth opportunities to operators. 
    • Growing gaming recognition: More recognition from the license by the gaming industry builds an operator’s reputation and credibility among players and partners. 

    Favorable tax regime 

    • Corporate tax exemption: This Tobique jurisdiction has exempted gaming operations from corporate and income taxes. This is an attractive benefit to startups that wish to minimize tax burdens. 
    • Support for regional development: Financial incentives are also given to companies that can invest in regional infrastructure and local economic development. 

    Comparing other jurisdictions with Tobique gaming license 

    Licensing authority:  

    • Tobique Gaming License is issued by the Tobique Gaming Commission (TGC). In other territories, it operates through the license issuing authority of that particular territory, similar to Curacao eGaming Authority, Kahnawake Gaming Commission (KGC), Malta Gaming Authority (MGA), and Isle of Man Gambling Supervision Commission (GSC). 

    Application time: 

    • A Tobique license application takes 4 to 8 weeks, fairly fast in comparison to Curacao. Malta and the Isle of Man take longer to process applications. 

    Taxation:  

    • The Tobique license provides tax exemption on revenue; this is an attractive factor for operators. Other jurisdictions impose different forms of taxes on gaming revenue with revenue-based taxes in Curacao. 

    Regulatory standards:  

    • Tobique has high regulatory standards coupled with a keen focus on responsible gaming. This stands in contrast to Curacao, which is less regulated. Kahnawake emphasizes player protection but can be more complex in terms of application. 

    Market access:  

    • If you choose a Tobique Gaming Licence it gives vendors access to a global range of markets except for certain limitations. It is almost exactly like Kahnawake but less complete than what Malta will deliver, which is particularly strong in terms of access to markets within the European Union. 

    Types of Licenses:  

    • Tobique offers different types of licenses such as Remote Gaming and Casino Software, and no local entity is required. This makes it very easy for an international operator to set up. Malta and the Isle of Man require a local entity. 

    Conclusion 

    • If you choose Tobique gaming license with Tetra Consultants, this creates strategic advantage for those operators looking to enter into or expand in the online gaming sphere. The Tobique Gaming License offers a fine opportunity for new companies and entrepreneurs as it is cost-effective, the application process is straightforward, the framework of regulation robust, and a tax environment quite propitious. Tetra Consultants offers a wide range of business services in order to support your expansion. They include nominee director and shareholder services, assistance for a legal representative, offshore financial license, and more. Our professional staff will be by your side from the first step until the last to make sure you are successful in this international iGaming market. 
    • Contact us to know more about why to choose Tobique gaming license. Our team will revert back in 24 hours. 

    Tetra Consultants

    Tetra Consultants is the consulting firm that works as your advisor and trusted partner in your business expansion. We tell our clients what they need to know, instead of what they want to hear. Most importantly, we are known for being a one-stop solution for our valued clients. Contact us now at enquiry@tetraconsultants.com for a non-obligatory free consultation. Our team of experts will be in touch with you within the next 24 hours.

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