Operator's Guide8 min read

Anjouan vs Nevis Gaming License

Ivan KiselevIvan Kiselev
Anjouan vs Nevis Gaming License

Choose between Anjouan and Nevis by matching the licence to your business activity, company structure, target markets and operating budget. Anjouan publishes a lower fee for a full licence category, but that alone does not establish a lower total launch cost. Nevis publishes distinct B2C and B2B requirements, including conditions for white-label operations.

Neither licence replaces a check of destination-country law, and neither makes your banks, payment providers and game suppliers accept you. Expect a shortlist with evidence attached, not a single winner.

Sources checked: 1 October 2026. This comparison describes published material; legal eligibility and an individual application need professional review.

What are the differences that affect your decision?

The material differences are the required approval, company eligibility, territorial conditions and cost of operating the approved model. Compare these before relying on a provider's launch estimate.

Decision factor

Anjouan

Nevis

What it means

Player-facing business

Published B2C category

Published B2C category

Match the player contract and permitted products to the applying company

Supplier business

Full B2B category; recognition is a separate route

Separate B2B category

Do not compare unlike approvals as equivalent licences

Mixed or white-label model

Confirm actual licence type, operator and arrangement

Requirements v2 specifies both categories plus separate white-label authorisation

A one-category quote may not match the project

Company

Ask the issuer to confirm the proposed applicant

Requirements v2 says Nevis-registered companies only; homepage wording is broader

Resolve the Nevis discrepancy before structuring the application

Market restrictions

Current issuer statement leaves destination-law compliance with the operator

A published restricted-territory document requires blocking

Neither a licence nor an omitted country proves permission

Operations

Conditions depend on the approval and activity

Current requirements identify separate compliance and local reporting roles

Price the people and controls needed after issuance

Sources: Anjouan licence types, Nevis requirements v2 and Nevis homepage. The discrepancies below remain open, and this table does not settle them.

Are you comparing equivalent B2C and B2B routes?

A player operator, a software supplier and a white-label arrangement can require different approvals even when they use the same platform. Identify who contracts with players, holds balances, supplies games and controls each domain before comparing jurisdictions.

For Anjouan, distinguish a full B2B licence from the recognition route used for an existing supplier approval. The current register calls it a Recognition Letter; older programme and commercial materials may say Recognition Certificate. A recognition entry is not automatically a full operator licence. The Anjouan B2B licence and recognition comparison explains the evidence chain and terminology limits.

For Nevis, start from the category and white-label provisions in the current requirements document, then ask the authority to confirm the proposed contractual arrangement. Do not assume a platform's licence extends to every client brand.

Before accepting either proposal, create a responsibility schedule naming the legal entity accountable for player onboarding, withdrawals, complaints, regulatory reporting, domain changes and termination. Use the white-label responsibility checklist when those functions are split between businesses.

How do the published fees compare?

Anjouan lists €17,828 for issuance of either full B2C or full B2B and the same amount for annual renewal. Nevis lists €28,000 for each category, but its fees page and linked fee document describe the initial charge differently. Confirm the billing period and applicable categories before calculating a total.

Published item

Anjouan

Nevis

How to budget

Full B2C or full B2B

€17,828 issuance per category

€28,000 per category in current published fee material

Confirm which approval the quote includes

Renewal

€17,828 annually

€28,000 annual renewal

Keep recurring costs separate from initial costs

Extra URL

€500 for B2C per licensing cycle

€750 per licensing cycle

Confirm included URLs and approval requirements; do not assume an allowance

Company, people and operations

Project-specific

Project-specific

Ask for a separately priced scope with exclusions

Sources: Anjouan fees, Nevis fees page and its prescribed-fees PDF. These are published authority-side amounts, not MGL quotations or full launch budgets.

Reconcile the Nevis fee descriptions before payment

The Nevis fees page calls the category charge a one-time setup fee. Its linked PDF describes the category fee as annual and also lists renewal. Ask for a written invoice explanation stating whether the initial payment covers the first licensing year. Do not add an extra annual charge merely because both labels appear.

Check the fees page wording against the statutory fee schedule in force and any amendments. Before you pay, get the legal basis, category and billing period confirmed for each invoice line.

Compare a first year and a steady-state year

Request two budgets using the same activity, domains, staffing and payment assumptions. Each should separate authority fees, company maintenance, appointed officers, professional support, testing, hosting, player-fund arrangements and supplier charges. Take tax advice separately; a headline gaming-tax claim does not determine the group's total tax exposure.

MGL's Anjouan gaming licensing service covers the application stages, required documents and service packages.

Which Nevis source conflicts need resolving?

Published Nevis materials differ on applicant eligibility, document freshness and fee wording. Resolve the relevant conflict against the current legal instrument and application instructions before relying on the more permissive description.

Issue

Evidence read

Practical next step

Applicant company

Homepage FAQ allows Nevis or another approved jurisdiction; requirements v2 says Nevis-registered companies only

Get the authority to accept the exact entity in writing before incorporation or filing

Document freshness

Schedule 3 of the 2025 Regulations includes 60-day requirements; requirements v2 uses 90-day windows for several corresponding documents

Have counsel reconcile applicability and prepare documents to an agreed submission checklist

Initial fee period

Fees page says setup; linked fee PDF says annual

Ask for an itemised invoice with first-year and renewal periods

Sources: Nevis homepage, requirements v2 and 2025 Regulations, Schedule 3. The later upload date of requirements v2 does not show that the Regulations were amended.

Keep the response, source version, date and named owner in the application file.

Can either licence support your target markets and payments?

Assess market eligibility and payment acceptance separately. The Nevis territorial document lists excluded markets, including the UK and USA, and adds dynamic restrictions. The Anjouan issuer's current statement says its licences carry no territorial restrictions under Anjouan law. The same statement leaves operators solely responsible for geo-blocking and local compliance.

These are different issuer statements, not competing promises of worldwide access. Read the Nevis restricted-territory document and Anjouan international-context statement, then get advice for each destination. The Anjouan market-review framework gives a practical record of that assessment, including unresolved legal-basis questions.

For payments, send the proposed legal entity, licence route, products, countries, expected volumes and currencies to the providers you intend to use. Request a documented preliminary position, outstanding onboarding conditions, reserves, settlement terms and prohibited markets. Approval remains subject to the provider's own assessment.

Do not move from Anjouan to Nevis on a promise of better banking alone. Banks and payment providers assess your company and traffic, whichever licence you hold.

What should be verified before filing or launching?

Build the submission plan around dependencies. Nobody can guarantee a number of weeks. Entity eligibility, valid documentation, resolved categories and operational readiness determine when the application is ready.

  1. Classify the model. Record player-facing and supplier activities, the legal entities involved, domains and target markets.

  2. Resolve eligibility and scope. Get the authority to confirm the category, company and arrangement; close the source conflicts that affect the application.

  3. Prepare and submit. Assemble ownership and funding evidence, policies, business plan and supplier documentation against the current application checklist. Record outstanding requests and responsible people.

  4. Validate the result. Check the issued instrument, its conditions and the public record before making a licensing claim on a website.

  5. Release operations. Get sign-off from the suppliers you need, test controls, allocate complaints and reporting ownership, and record renewal and change-notification deadlines.

For Anjouan, follow the company, domain and status verification workflow. For Nevis, begin at the official licence register and reconcile any missing details with the authority. A public listing is not a solvency assessment or a guarantee of withdrawals, so verify the licensee and domain involved in your transaction.

Which scenarios justify assessing each route?

Shortlist a route only when its conditions match the project. A failed condition is a reason to pause or redesign, even if the headline fee is attractive.

Project scenario

Qualified direction

Condition before commitment

Single operator, limited budget, confirmed suppliers

Assess Anjouan against the full operating budget

Legal market assessment and actual partner acceptance support the plan

Operator able to establish the required Nevis company and roles

Assess Nevis using the current application requirements

Resolve entity, fee and documentation questions

Mixed supplier and white-label business

Compare the approval combination and responsibility split

Get written scope and authorisation for the actual arrangement

Existing Anjouan operator seeking different payment partners

Test the Nevis proposition with those partners first

Evidence shows the new structure addresses their objections

Project requiring a formal network or sub-licence architecture

Expand the shortlist to the Anjouan versus Isle of Man comparison

Assess that architecture's substantive operating requirements

Migration also needs a separate plan for player contracts, balances, data, supplier agreements and website disclosures.

Discuss a scope-matched comparison with MGL

Bring MGL your proposed activities, ownership structure, target countries, platform arrangements and first-year budget. Request an Anjouan and Nevis assessment to identify the route worth investigating and the evidence still required.

When comparing advisers, ask each for the same deliverables: category analysis, source-conflict resolution, itemised initial and recurring costs, named responsibilities, exclusions and post-licensing support. Ask who handles questions to the regulator and who carries each ongoing obligation. An adviser cannot promise licence issuance, market permission or acceptance by an independent bank.

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