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Since its appearance on the market, the Tobique gaming license has become a highly popular choice among online gambling operators entering the market. Although relatively new in the industry, this option has already become the top 3 choice among the gaming providers and operators.
With moderate obtaining cost, fast approval process, and region’s predictable legal environment, many startups find this licensing option the best to start operating their iGaming business.
The Tobique Gaming Commission (TGC) is a self-governing body incorporated by The Tobique First Nation located in New Brunswick, Canada. TGC has been responsible for gaming licensing within Tobique's sovereign territory since October 13, 2023. A Tobique Gaming License permits online casinos and gambling platforms to ensure their activity complies with strict standards for fairness, security, and transparency, ensuring reliability for operators and players alike.
Being widely recognized worldwide, it allows global operations, except in limited jurisdictions, which makes it minimal bureaucracy and particularly accessible for the beginning business projects. With a gaming license in Tobique, operators cover all gaming verticals: from online casinos, bingo, and sports betting to table games and more.
Being a great choice for startups and entrepreneurs looking to set up in the online gambling industry, the Tobique gambling license is a competitive alternative to the Curaçao license, offering similar features with no strict requirements. Obtaining a gaming license in Tobique is cheaper than alternatives on the market while the licensing process is much more flexible, making it a perfect option for new entrants.
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The Tobique Gaming License cost, or the Setup fee, includes a preliminary review fee and the application fee:
(a) Preliminary Review – €2,500 (two thousand five hundred euros), payable at the point of submission of the application for Preliminary Review (PR Fee);
(b) License application €33,500 (thirty-three thousand five hundred euros), payable once the Preliminary Review has been approved and at the point of submission of the full License application (License Fee).
The second year of the license renewal will cost EUR 18000.
Technical compliance fees that should be paid each year to the regulator are also to be considered.
However, the fees may change from time to time, but changes will not affect any License applications you have already submitted. Payment for the Fees shall be made by way of bank transfer to the account in the name of DLAG (Differentia Licensing Advisory Group Limited) which is appointed by Tobique to process License applications.
Considering all the aforementioned, the Tobique Gaming License presents a cost-effective option for startups and mid-size gaming companies looking to enter regulated markets with confidence and reduced overhead.
When it comes to seeking help in obtaining one, Inteliumlaw stands out with its bundle of legal and regulatory compliance services tailored for gaming operators applying under the Tobique Gaming License. We offer end-to-end support: from the initial document preparation and due diligence checks required during the Preliminary Review, to full submission and post-licensing compliance reporting.
By combining legal expertise with regulatory insight, Inteliumlaw enables gaming operators to start operating as fast as possible and with great confidence in being fully compliant.
Given its relatively recent introduction, the Tobique online Gambling license has certain limitations compared to more established licensors. Operators holding the Tobique Online Gambling License may need to stay informed about changes in both local and international regulations to ensure ongoing compliance and operational viability.
Jurisdictional Scope
The Tobique Online Gambling License primarily applies within the Tobique First Nation’s jurisdiction and may not be recognized or valid in other jurisdictions. Operators may face challenges if they wish to expand their services outside this region.
That said, the Tobique gaming license restricted countries list includes, among other, the UK, USA, Israel, Ontario, New Brunswick, and FATF-sanctioned countries. For the full list – contact our specialists.
Inteliumlaw strongly recommends that license holders contact us for advice on implementing robust geo-blocking technology and crafting precise terms of service designed to ensure that users from restricted jurisdictions are prevented from accessing the platform. This framework allows for reducing regulatory risk and ensures localized compliance.
Market Recognition
Limited Market Appeal: The Tobique Online Gambling License may not have the same level of recognition or credibility as licenses from major gambling jurisdictions like the UK Gambling Commission or the Malta Gaming Authority. This can affect the attractiveness of the license to operators seeking global market access.
Financial Regulations
Banking and Financial Integration: There may be limitations related to banking and financial transactions, such as difficulties in integrating with global payment systems or challenges in handling cross-border transactions.
Regulatory compliance of the Tobique Online Casino License entails adherence to a comprehensive set of regulations established by the local gambling authority.
Operators should comply with key requirements, ensuring their gaming activity:
Carrying out safety and stability to the platform and services for the Tobique iGaming License, the Regulator has established clear guidelines for admitting applicants. The Licensee is required to ensure some of these procedures:
– verify the client’s age and obtain documents to confirm their identity;
– prohibit opening anonymous accounts or accounts under fictitious names, and each customer is limited to a single account on their platform;
– withdrawal requests may be processed promptly and accurately;
– provide a detailed explanation of the withdrawal process, including standard processing times and applicable currency conversion rates. All these must be included in the terms and conditions on the operator`s website.
– marketing may not be used to target the audience under the verification age of 18 years;
– all the design and content of the websites should not target minors. The website should include frequent warnings that individuals under the verification legal age are prohibited from opening accounts or participating in games.
This detailed approach helps to maintain the legality, integrity, and security of the Tobique gaming environment.
The Tobique regulator provides clear rules to ensure the stability and prosperity of the online gambling activities under the Tobique Remote Gaming License. For this aim, the Tobique First Nation implemented in their regulations the best international practice to uphold fairness, integrity, and adherence to regulatory standards in their gaming environment. Below are the main elements:
Operators must follow the restricted Content:
– not offer games related to animal cruelty, threats to life, or exploitation of minors.
– avoid games with graphics that contradict moral or ethical norms and could damage the Tobique First Nation’s reputation.
Instructions below describe key aspects to provide effective gambling management tools:
– Ensure that tools and procedures are easily accessible and clearly described on your website.
– Clearly state the measures for implementing gambling management tools and inform clients how to activate them.
– Allow clients to set different types of gambling management tools: deposit limits, loss limits, or time reminders during registration or upon making their first deposit.
– Beware that clients can change these features at any time after registration and impose some restrictions on gambling management tools if you suspect a problem, and inform clients of any such additional limits.
To secure the Tobique casino license, applicants must meet a comprehensive set of criteria designed to ensure the integrity and financial stability of online gambling operations.
Key Tobique gaming license requirements include:
Applicants need to collect and submit a complete set of documents: proof of identity, proof of residency, criminal background checks for all company officers and directors, and financial statements to demonstrate the business’s financial stability. Additionally, documents proving experience and qualifications in the online gambling industry, as well as certifications for software used in gambling operations, are required.
Inteliumlaw acts as a direct liaison between applicants and the Tobique licensing authority, streamlining the entire application process and ensuring that any regulator’s request is met with precision. With that being said, Inteliumlaw guarantees strict client confidentiality, ensuring sensitive business and personal data is protected.
Our solid track record and the relations we’ve built with Tobique’s regulatory bodies allow us to fast-track the application process, streamlining the client’s path to a fully compliant gaming operation.
The application process for the Tobique gaming license with Inteliumlaw can be divided into the following steps:
At Inteliumlaw, we provide comprehensive, end-to-end support in obtaining the Tobique Gaming License for our clients from the initial business structuring to the final license application submission. Our team of legal professionals ensures your business is well-positioned for long-term operational success in the gaming industry by ensuring compliance with specific regulatory requirements of the Tobique jurisdiction.
Inteliumlaw acts as your direct liaison with the Tobique licensing body, streamlining communication and ensuring your application meets all technical and legal criteria. Beyond support in obtaining the license, we offer tailored ongoing legal support, enabling one to launch and maintain operations with confidence. All services are provided with clear pricing and well-defined timelines, ensuring full transparency from day one and with no “surprises” along the way.
The company which will act as an online gambling operator can be incorporated during two weeks, while the license can be issued as fast as within four - eight weeks after submission of the application with all necessary documentation.
The Tobique gaming license offers a comprehensive scope of permitted operations, enabling businesses to explore an extensive range of online gaming ventures. This license allows for the operation of online casinos, involvement in sports betting, management of lottery schemes, and provision of numerous table games such as poker, blackjack, and baccarat, among others. Moreover, it includes a variety of other chance-based games, presenting a flexible and detailed structure for operators to investigate various facets of the gaming sector.
The license is valid for 1 year and should be renewed on an annual basis.
Tobique gaming license cost itself is around EUR 40,000 for the application, issuance, and the first year of maintenance. However, you need to consider also additional costs such as expenses related to the company’s registration (price may vary depending on the chosen jurisdiction), legal fees, etc.
The accumulated experience and tracking of future changes in this area allow us to be proactive
for our clients and develop the most adapted business structures to modern conditions.
By submitting this form, you hereby authorize Inteliumlaw to process your information for the purpose of addressing your inquiry. You retain the right to revoke this consent at any point. For further details, please review our Privacy Policy.
The application process for the Tobique gaming license with Inteliumlaw can be divided into the following steps:
The License application will be divided into two key elements:
(a) An initial review by DLAG to establish whether the Applicant meets the most basic requirements to proceed with a License application (the Preliminary Review);
(b) If (and only if) the Preliminary Review is approved by DLAG (following which you will receive an email notification), you will be able to submit the full License application, which will be processed by DLAG and determined by the Tobique Gaming Commission.
Correcting input errors. The application process allows you to check and amend any errors before submitting your applications.
The accumulated experience and tracking of future changes in this area allow us to be proactive
for our clients and develop the most adapted business structures to modern conditions.
By submitting this form, you hereby authorize Inteliumlaw to process your information for the purpose of addressing your inquiry. You retain the right to revoke this consent at any point. For further details, please review our Privacy Policy.
