The Nevis (NOGA) Licensing Authority is Looking to Break into Online Gambling

Nevis is emerging as a new online gambling licensing authority, potentially joining Curacao and Anjouan in the crypto-friendly iGaming space.

A new licensing authority called Nevis appears to be emerging and could challenge the Malta, Curacao and Anjouan frameworks.

Honestly, we’ve not heard of Nevis, which has operations in the jurisdiction of Nevis (St. Kitts and Nevis) and is known as the Nevis Island Administration (NIA).

The licensing authority is the Nevis Online Gaming Authority (NOGA).

Another New Licensing Authority?

I had to ask myself this. Why are so many additional global online gambling regulatory frameworks popping up?

We’ve seen PAGCOR come and go, and Anjouan rise as the next popular gambling entertainment regulatory body on the international iGaming and sports betting scene.

The reason behind these new authorities is due to the Curacao government switching its master licensing system to a central authority, which is the Curacao Gaming Control Board.

Some of the changes made in Curacao have meant more stringent financial checks and accountability for the beneficiaries of proceeds from online casino platforms and their operators.

Prior to the changes in Curacao, the small island country was the go-to licensing authority for sites that wanted to offer cryptocurrency and fiat gaming.

You may wonder why we have not included the Malta Gaming Authority (MGA) in our analysis. While the MGA is known for being a more trustworthy alternative than all the licensing authorities mentioned in this news update, its regulatory framework is better known for supporting fiat currency only gambling.

For the crypto + fiat space, we now have Curacao, Anjouan and the possibility of the rise of the Nevis Island Administration (NIA) licensing system into the same online gambling space.

Source: I spotted the Nevis Gaming Authority while skimming through Yognonet’s news columns and decided to research further using the official Nevis Gaming website.

Licensing Authority Comparisons

Nevis Uses a Responsible Gambling-Friendly Approach

Here’s one reason I decided to write this news article despite taking so long to get to this point. One point we always harp on about here at Casinoplusbonus is the use of responsible gambling tools.

All sites operating under a Nevis iGaming or sports betting licensing certificate have to build in certain tools to help players manage their bankroll.

• Deposit Limits: All players must have the option to set a limit on how much they can deposit.

• Time Out: If you want to ban yourself from real money gaming for a short period of time, Nevis online casinos must include a time-out tool.

• Self-Exclusion: For those of you who want to ban yourself from real money gaming for a longer period, self-exclusion is also available.

Curacao or Anjouan force online casinos or sportsbooks to implement deposit limits or time-out options. They offer a simple option to contact the customer support team for self-exclusion or to permanently close their account.

What do Operators Need to Apply for a Licensing Certificate?

To obtain a Nevis Gaming license, operators must appoint an independent Compliance Officer and a local Reporting Officer based in Nevis.

They are also required to submit key corporate documents, including a Certificate of Incorporation or Registration, Memorandum and Articles of Association, a Company Extract showing current shareholders and directors, and a newly issued Certificate of Incumbency or Registers of Directors and Shareholders.

Offshore companies must additionally provide a Certificate of Good Standing.

Furthermore, operators will need to ensure their gambling sites block access from the countries listed in the table accompanying this section.

Licensees are additionally responsible for conducting independent due diligence before targeting or accepting players from any market. Furthermore, it appears that sublicensing is not allowed, while white-label operations require both B2B and B2C licensing.

Countries Restricted from the NOGA Licensing

If you are heavily into your iGaming research, you can read about compliance and regulations operators need to follow in order to gain a Nevis Online Gaming Authority (NOGA) via the licensing authority’s official Knowledge Base here.

Casinoplusbonus Opinion

In our opinion, we don’t really need any more licensing authorities to confuse the iGaming market, as the Anjuan licensing authority might have already done and, as mentioned in the introduction, the PAGCOR licensing from the Philippines, which is now redundant due to an MoM issued by the Prime Minister of the Philippines.

With that being said, the new Nevis licensing does have upsides, including the fact that it forces operators to include responsible gambling tools on their websites, which is something here at Casino Plus Bonus we’re all for.

Let us know your thoughts in the opinion section. Also, we’ll add this topic to our Casinoplusbonus forum so that you can add your opinions with other community members over there too.