Before an online gambling site signs up its first customer, before it accepts its first bet, before the first card is dealt, it must be licensed by a recognized governmental entity.
Cwa Mauritius Website
Gambling Regulatory Authority Independent Commission against Corruption. Mauritius Institute of Professional Accountants Money Laundering Mauritius Revenue Authority Mauritius Police Force Non Profit Organisations Prevention of Corruption Act Prevention of Terrorism Act. The legal and regulatory frameworks in relation to sanctions are. A Winner or the Winners will be designated on a random basis, during a draw on the 8th of January 2016 under the supervision of the GRA (Gambling Regulatory Authority). The authority’s decision is final and cannot be contested in whatsoever way. Only one entry based on a valid mobile number, unless otherwise stated, is allowed per.
Why, you ask? Because (most) banks won’t deal with an unlicensed sites, and neither will the various credit card companies like Visa and Mastercard.
Yes, that’s right. We followed the money, and as it turns out, it was a very short walk. You want to take bets? Prove you’re at least legitimate enough to have a license from some governmental agency.
Air Mauritius Website
So that’s it — just get some government to sell us a license in exchange for some money, and we’re good to go? Well, no. If it were as simple as that, we’d all have an online casino or betting site, and the world would be a very different place.
Mauritius Gambling Authority
While it is true that the early Gold Rush days of internet gambling were exciting, dangerous, lawless days indeed, today’s online gambling operators will find that even the mildest and most indulgent licensing governments are not simply rubber stamps for their license to print money.
Below we explain exactly what the online gambling licensing authorities do. We then look at the regulatory requirements that each licensing authority puts in place.