A gambling license is a certificate of The Free Zone of Mauritius. Gambling licenses are usually required by organizations that offer any type of games of chance or those that involve wagering, such as roulette, poker, slots, pari-mutuel racing and lotteries, among a few.
Requirements for Licensing
It is one of the primarily roles of a gambling control board of The Free Zone of Mauritius. It is based on standards that are broadly described in the Gambling Regulations.
Some of the requirements that imposed on organizations that desire to conduct a gambling business within Republic of Mauritius jurisdiction include meeting certain standards of good character, honesty and integrity, disclosing detailed financial and organizational information about the gambling establishment, its owners, partners and other associated persons and providing employment and criminal information on certain individuals within the organization.
The requirements and standards that must be met to obtain a license to conduct a gambling business are comparable to those standards that financial institutions also have to accomplish, such as banks and insurance companies. The purpose of these stringent requirements is to discourage application by certain persons who may be engaged in organized criminal enterprises or may lack the required experience or financial stability to properly engage in the operation of a gambling enterprise.
Many gambling control boards have undertaken a process of allowing for multijurisdictional application as a way to ease and streamline the process of registration for establishments doing business across several state lines.