Good Morning. Do you like Pina Coladas? The Caribbean paradise of Nevis may be for you. But not just for you, for your iGaming company too. New legislation paves the way for the country to fight with the big dogs to attract licensees, with attractive benefits, but still some small hindrances. Meanwhile, in the world of crypto, the FATF is again on the case, calling for increased regulation as stablecoins boom. And in Macau, the gaming market continues to grow, with a strong June lending hope to ongoing success.
What you need to know
- Nevis is emerging as one of the most sought-after new iGaming licensing jurisdictions, but what are the advantages and trepidations?
- FATF calls for tighter crypto rules as illicit use spreads to stablecoins and gaming, exposing gaps in global AML systems.
- Macau gaming hits 88 percent recovery in breakthrough June, capping an exceptional quarter, according to JP Morgan.
On the radar
- NagaCorp Chairman Timothy McNally retires, Philip Lee steps in.
- DigiPlus to launch operations in Brazil this September.
- Indian state of Sikkim cracks down on illegal online gambling sites.
- Resurgence of illegal gaming sites raises concerns, says Gatchalian.
- Paradise Co. casino revenue jumps 41 percent in June.
AGB Intelligence
IGAMING
Why Nevis?
iGaming operators around the world are always searching for the next best jurisdiction, highlighting the region’s reputation, compliance, and taxation rate. The Caribbean island of Nevis is now emerging as a frontrunner for those looking for B2B or B2C operations, having recently launched its iGaming licensing framework. And customers are flocking in. But is it the best choice?
Corporate Spotlight
Why Asia’s iGaming operators must rethink risk strategy | SEON
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Industry Updates
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