Casino Online And Brick & Mortar Establishments in Kahnawake
Kahnawake is a Mohawk Indian Reservation in Canada. Due to the special status granted to Indian lands, many of
them legally allowed to host gambling, which provided a good supplement to the local budget.
Kahnawake Gaming Commission, responsible for the regulation in this area,
was established in 1996, and within as little as 3 years it began to issue licenses
for this type of business on the Internet.
Being the pioneer of gaming industry niche, the jurisdiction has become
one of the most well-known among phenomena of the kind.
The Canadian KGC consists of three organizations assigned by Mohawk Council of
Kahnawake. They are mandated to deal with all the regulation issues of online gambling, including licensing.
A system of rules and standards that guides
the commission is based on the experience of Australian colleagues.
The basic principles of KGC are aimed at reduced to fair business
conduction, transparency, data security and timely
payouts.
The Commission has developed the requirements,
ensuring high reliability and excluding the possibility of fraud in online gambling business.
When considering an application the agency examines the following aspects :
the formal grounds for issuing the license
the reliability and integrity of software
the capital adequacy for timely payouts