Mauritius, with its thriving tourism and hospitality industry, is increasingly becoming a target market for international online gambling operators. While the country does not yet have a highly regulated gambling market, it offers a growing potential for businesses interested in setting up operations in the region. In this blog post, we will examine the gambling licensing requirements in Mauritius, the associated costs, and the services operators need before launching their platforms.
Gambling Licensing in Mauritius
Mauritius is home to a relatively light regulatory environment for gambling, which makes it more accessible to operators than many other African countries. The Mauritius Gambling Regulatory Authority (GRA) oversees the legal aspects of gambling in the country, and while the regulations are not as strict as in countries like South Africa, the framework is in place to ensure fair and secure gambling.
Operators seeking to launch a gambling business in Mauritius need to apply for a general business license through the Mauritian Economic Development Board (EDB). There is currently no specific gambling-only licence, and operators must register under general business laws. The licensing process involves submitting company documents, demonstrating financial stability, and adhering to anti-money laundering (AML) requirements.
Costs and Timeline
The cost of obtaining a business license for a gambling operation in Mauritius is relatively affordable compared to other regions. The initial application fee for a business license typically ranges from $500 to $2,000, depending on the scale and nature of the gambling operation. If an operator is seeking to launch a casino or sports betting platform, the licensing fees may increase depending on the specific requirements.
The licensing process in Mauritius is quicker than in many other African countries, with most applications being processed within 3 to 6 months. This relatively short timeline, along with affordable costs, makes Mauritius an attractive destination for gambling operators looking for a smooth entry into the African market.
Services Needed Before Going Live
After receiving a gambling license, operators will need several services to go live:
- Payment Integration: Mobile payment systems like Mauritel Money and digital wallets are crucial for processing deposits and withdrawals.
- Gaming Software: Reliable software providers such as Microgaming or Evolution Gaming are needed to ensure smooth gaming operations and compliance with industry standards.
- Customer Support: Multilingual customer support services, especially in English and French, are essential for maintaining positive customer relations.
- Security and Compliance: Operators must implement security protocols, including encryption and AML procedures, to comply with local and international laws.