Why Anjouan beats traditional offshore licensing jurisdictions

In this article, iGaming industry consultant Ron Mendelson, Fast Offshore, explores the advantages the small island of Anjouan offers in comparison to traditional licensing jurisdictions such as Malta and Gibraltar.

Traditional offshore hubs like Malta, Gibraltar, or the Isle of Man have long dominated the iGaming scene, but they come with significant amounts of bureaucracy, high costs, and rigid requirements that can stifle your innovation and growth.

Say hello to Anjouan, a small island in the Comoros archipelago that has rapidly emerged as a game-changer. With its streamlined approach, Anjouan offers a very compelling alternative that’s attracting hundreds of operators worldwide. What sets it apart?

Because it is the fastest on the market (just a few days if you work with Fast Offshore) 

Speed is everything in the fast-paced iGaming industry, where any kind of delay can mean lost revenue and missed market opportunities. Traditional jurisdictions often drag out the licensing process for months, bogged down by endless paperwork, audits, and approvals that require multiple rounds of revisions.

Anjouan takes a different approach with an ultra-efficient system designed for a quick turnaround. Applications can be processed in record time, sometimes wrapping up in just a matter of days when you partner with Fast Offshore. This isn't just hype; instead, it’s built into the jurisdiction’s framework, which prioritizes simplicity over red tape. 

Imagine being able to launch your platform while competitors are still waiting for an answer. The key to unlocking this fast timeline is partnering with well-seasoned experts like Fast Offshore. We handle the heavy lifting: preparing documents, liaising with authorities, and ensuring your application is flawless from the start, right through to the end.

Our deep knowledge of Anjouan’s processes means no surprises, no hold-ups, no bad news - just rapid results. For startups or established operators expanding, this allows you to capitalize on trends, enter new markets swiftly, and scale without the frustration of prolonged waiting periods.

In contrast, places like Curacao or Malta might take 3-6 months or even a year, during which market conditions could shift dramatically. Anjouan’s model reflects a modern understanding of business needs, where time truly is money. 

Because it is the lowest cost

Affordability is a big bonus in an industry where margins can be tight, especially for newcomers. Traditional offshore licenses are associated with significant upfront fees, ongoing compliance costs, and hidden expenses that accumulate rapidly: consider legal consultations, audits, and renewal charges.

Anjouan, however, positions itself as the budget-friendly option without skimping on quality. The overall expenses are significantly lower across the board, making it accessible for a broader range of operators, from small developers to larger enterprises looking to optimize costs. You won't face expensive application fees or mandatory reserves that tie up capital. Instead, resources can be redirected toward marketing, tech development, or user acquisition, areas that directly drive growth.

Fast Offshore enhances this value by offering tailored packages that minimize expenses further through its expertise. Our team knows how to avoid common pitfalls that lead to extra costs, like incomplete submissions or appeals. In short, Anjouan is the lowest-cost option on the market, leaving you with more money to develop your brand.

Because it is a recognized license that allows you to partner with PSPs and banks

Credibility is non-negotiable in iGaming, where trust from players, partners, and financial institutions underpins your success. While some offshore licenses are viewed skeptically and cynically, Anjouan's is increasingly recognized globally as a solid, reputable license. This recognition opens doors that might remain closed with lesser-known or outdated options, without naming any specific ones. 

For instance, it facilitates seamless integrations with payment service providers, banks, and other financial entities that demand licensed operations. Although traditional jurisdictions might offer similar access, Anjouan's growing prestige and recognition mean you don't have to pay a premium for it.

Banks and PSPs appreciate the jurisdiction's commitment to anti-money laundering and know-your-customer standards, which align with international norms. This translates to easier merchant accounts, faster transaction processing, and reduced risk of account freezes, all issues that plague unlicensed or poorly regarded setups. Moreover, it enhances your brand's legitimacy in the eyes of affiliates, software providers, and even regulators in other countries. 

Because it is flexible and one size fits all

Many well-established jurisdictions are known for being rigid with strict categorizations that force businesses into predefined boxes, whether it's casino-only, sports betting, or poker-specific licenses. Anjouan adopts a more adaptable approach, providing a versatile license that encompasses a wide range of iGaming activities under a single umbrella. 

This "one size fits all" model enables you to operate multiple verticals without needing separate approvals, thereby saving time and resources. Whether you're running slots, live dealer games, esports betting, or a hybrid platform, Anjouan accommodates it all with minimal fuss.

This flexibility is ideal for innovative operators experimenting with new formats like crypto integrations or VR experiences, which might not fit neatly into older regulatory frameworks. It also allows for easy shifts as market demands evolve, without the hassle of reapplying or amending licenses. 

Compared to the compartmentalized systems in places like the UK or Malta, Anjouan's approach fosters creativity and scalability, making it a haven for forward-thinking entrepreneurs.

Because they have licensed over 850 licenses and 2000 sites

Anjouan's explosive growth speaks volumes about its appeal. In recent years, the jurisdiction has issued over 850 licenses and supported more than 2,000 sites, an example of its rising status as a go-to hub.

This boom isn't accidental; rather, it's driven by operators fleeing the high costs and complexities of traditional jurisdictions. Such volume indicates strong market confidence, with businesses of all sizes flocking to Anjouan for its reliability and efficiency. 

For new entrants, this track record reduces uncertainty; you're joining a proven winner, not an experiment. Fast Offshore has been at the forefront of this surge, helping numerous clients secure their positions in this thriving landscape. 

Because they overhauled and streamlined the process

 Anjouan didn't wait; a recent overhaul has modernized its licensing process, injecting fresh credibility and aligning it with today's digital demands. Gone are outdated procedures, and this refresh addresses past criticisms, boosting its reputation among global stakeholders. It now better handles emerging trends like blockchain and AI in gaming, ensuring licensees stay compliant in an evolving regulatory world. 

Anjouan surpasses traditional jurisdictions in several key areas: speed, cost-effectiveness, recognition, flexibility, proven track record, and modernization. To make the most of it, partner with Fast Offshore as our expertise ensures a hassle-free path to licensing success. Contact our team today!