Breaking down the Nevis gaming license: Requirements and benefits

In this article, iGaming industry consultant Ron Mendelson, Fast Offshore, explores the main requirements and benefits of obtaining a Nevis gaming license.

The online gaming industry has experienced explosive growth in recent years, with projections estimating the global gambling market to reach $888.1 billion by 2033, growing at a compound annual growth rate (CAGR) of 3.6% from 2028. Amidst this booming industry, choosing the proper jurisdiction for licensing is crucial for operators seeking to establish credibility, ensure compliance, and maximize profitability. 

Nevis, a small Caribbean island and part of the Federation of St. Kitts and Nevis, has emerged as a leading choice with the introduction of the Nevis Online Gaming Bill 2025. This article explores the requirements and benefits of obtaining a Nevis gaming license, drawing on insights from Fast Offshore, a consultancy with over 27 years of experience in iGaming licensing.

Overview of the Nevis gaming license

Nevis has positioned itself as a “gold standard” jurisdiction for online gaming, competing with established hubs like Malta and the Isle of Man. The Nevis Online Gaming Authority (NOGA) oversees a modern, transparent, and efficient licensing framework designed to attract both startups and established operators. Launched in April of 2025, the Nevis gaming license offers a streamlined process, cost-effectiveness, and global credibility, making it an attractive option for businesses in the dynamic iGaming sector. The license supports both Business-to-Consumer (B2C) and Business-to-Business (B2B) operations, covering activities such as online casinos, sports betting, poker, lotteries, and white-label services.

Requirements forobtaining a Nevis gaming license

Securing a Nevis gaming license involves a structured but accessible process, emphasizing compliance with international standards, including those set by the Financial Action Task Force (FATF). Below is a detailed breakdown of the key requirements:

1. Company formation

Operators must establish a Nevis Business Corporation (NBC) or an International Business Company (IBC) as the license-holding entity. This involves registering the company in Nevis or another approved jurisdiction and appointing a licensed registered agent to ensure compliance with local corporate governance rules. The incorporation process is swift, typically taking a few days if you work with Fast Offshore.

2. Due diligence and fit and proper test

The Nevis authorities enforce rigorous due diligence to ensure only trustworthy applicants are approved. All directors, shareholders, beneficial owners, and ultimate beneficial owners (UBOs) must undergo a "fit and proper" test, which includes:

• Certified Copies of Passports: Including photo and signature pages.

• Police Conduct Report: A certificate from the applicant’s country of origin, verifying that there is no criminal record.

• Proof of Address: Recent utility bills or similar documents.

• Bank and Professional References: To confirm financial stability and reputation.

• CVs: Detailing the ability to operate an online gambling company.

These requirements ensure that operators adhere to ethical and responsible business practices, enhancing the jurisdiction’s credibility.

3. Comprehensive documentation

Applicants must submit a robust set of documents, including:

• Business Plan: Outlining company structure, target markets, products (e.g., casino, sportsbook), anticipated revenue, and anti-money laundering (AML) and responsible gaming policies.

• Financial Statements: Demonstrating financial viability.

• Proof of Source of Funds/Wealth: To verify legitimate funding.

• Domain Ownership: Confirming control over operational URLs (up to two included in the license, with additional domains at extra cost).

• KYC/KYB and AML Policies: Ensuring compliance with international standards.

• RNG Certificates: For platforms using random number generators, to guarantee fair play.

4. Local compliance officer

A local compliance officer or reporting officer, registered with local authorities, must be appointed to oversee AML, KYC, and responsible gaming compliance. This role ensures ongoing adherence to regulatory standards and timely submission of mandatory reports.

5. Technical and operational compliance

Operators must operate a compliant gaming platform that meets NOGA’s standards for security, fair play, and responsible gaming. Applicants must provide details of server locations, data security measures, and their technical stack. Advertising must be honest, balanced, and free from misleading tactics; all marketing efforts are subject to regulatory oversight.

6. Application process and timeline

The application process involves submitting all required documents to NOGA, followed by a thorough review. Of these documents. Assuming all documents are complete and submitted promptly, the licensing process is often faster than in jurisdictions like Malta or the Isle of Man.

7. Fees

The annual license fee is competitive compared to other gold standard licenses and includes two operational URLs. Additional domains (up to 40) incur extra costs. Other expenses may consist of company formation, document notarization, and agent fees; however, Fast Offshore offers custom packages with transparent pricing to help avoid unexpected costs.

Benefits of the Nevis gaming license

The Nevis gaming license offers a compelling mix of affordability, efficiency, and credibility, making it a strategic choice for iGaming entrepreneurs. Here are the key advantages:

1. Cost-effectiveness

The Nevis license is competitive compared to its peers. This cost-efficiency is ideal for operators looking to minimize overheads while maintaining a premium license.

2. Speedy licensing process

With a reasonably short timeline, Nevis offers one of the fastest licensing processes among premium jurisdictions, enabling operators to launch quickly and meet tight deadlines. This contrasts with Malta’s 3–6 months or Curacao’s 1–2 months, which, while fast, lacks Nevis’s tier-1 reputation.

3. Comprehensive coverage

A single Nevis license covers all gaming activities, including online casinos, sports betting, poker, lotteries, and white-label services, for both B2C and B2B operations. This flexibility eliminates the need for multiple licenses, reducing complexity and costs.

4. Tax advantages

Nevis offers a tax-neutral environment with no corporate or gaming tax on revenue derived from outside the jurisdiction. 

5. Global credibility and compliance

Nevis is fully compliant with FATF and OECD guidelines, ensuring it is not listed on any black or gray lists. This enhances trust from banks, payment providers, and business partners, facilitating easier negotiations and access to global markets. The jurisdiction’s 40+ years of experience in financial services further bolsters its reputation.

6. Crypto-friendly framework

Nevis supports fiat, crypto, and hybrid operations, making it ideal for modern gaming platforms. Operators can integrate cryptocurrencies, such as Bitcoin or stablecoins, while maintaining AML and KYC compliance, thereby aligning with global financial standards.

7. Robust support and infrastructure

Fast Offshore provides end-to-end support, including company incorporation, license application, due diligence, and ongoing compliance. Nevis’s stable political environment, English-speaking workforce, and established financial infrastructure further enhance its appeal as a reliable jurisdiction.

8. Scalability and market access

The Nevis license enables operators to target international markets (where online gambling is legal) with minimal restrictions. Its compatibility with third-party service providers and easier bank account opening processes in multiple jurisdictions support business growth and scalability.

Conclusion

The Nevis gaming license, introduced under the Nevis Online Gaming Bill 2025, offers a modern, cost-effective, and globally recognized solution for iGaming operators. With a streamlined licensing process, comprehensive coverage of gaming activities, and a tax-neutral environment, Nevis is well-positioned to compete with traditional hubs like Malta and the Isle of Man. Its adherence to international compliance standards, crypto-friendly framework, and robust support from consultancies like Fast Offshore make it an attractive choice for entrepreneurs aiming to capitalize on the booming online gaming market. For operators seeking a balance of affordability, efficiency, and prestige, the Nevis gaming license is a strategic gateway to success. What are you waiting for? Be among the first to obtain a license in Nevis and elevate your operators to the next level. Contact Fast Offshore today!