Comoros Bookmakers

Comoros is an island state situated in the Indian Ocean, at the northern entry to the channel of Mozambique and has a very fruitful history of legal regulations related to gambling, which makes it a promising jurisdiction for both online and offline gambling activities. This paper aims to provide detailed information on the exploration of Comoros bookmakers and sports betting, including the country’s gambling regulations, the governing bodies, types of bets accepted and not accepted, license requirements, charges, and taxes.

Comoros Bookmakers

1977: Legalization of gambling by president Ali Soilih.

1999: Acts like the Computer Gambling Licensing Act allowed online gambling to be legal.

2005: Betting and Gaming Act enforcement.

Licenses from Anjouan Offshore Finance Authority and Gaming Board of Anjouan.

None; operators pay a flat licensing fee and other corporate taxes.

History of Gambling Legislation in Comoros

Key Milestones:

  • 1975: Comoros got its independence from France.
  • 1977: Thus, President Ali Soilih legalized gambling, which made it one of the only nations with predominantly Muslim population allowing it.
  • 1999: It was legalised by the Computer Gambling Licensing Act for online gambling.
  • 2005: The Betting and Gaming Act was enacted to address all the forms of betting and gambling both on the internet and offline.

Comoros Bookmakers: La Ley y La Reglamentación

Gambling was legalized in Comoros in 1977; however, over the years, new laws have been enacted to keep up with the advancement in technology and markets. The Betting and Gaming Act of 2005 is the cornerstone of current gambling laws, which include the following main points:

  • Legalization and Regulation: All types of gambling are permitted and have legal frameworks and these include sports betting, casinos, lotteries, and bingo.
  • Licensing: All the on shore and off shore gambling operators need license issued by the Anjouan Off Shore Finance Authority or the Gaming Board of Anjouan.
  • Prohibited Bets: As for the operating and playing on unlicensed gambling websites, it is prohibited.

Regulatory Agencies

The primary agencies responsible for regulating gambling activities in Comoros are:

  • Anjouan Offshore Finance Authority: This body provides gambling licenses to both the conventional and the online based casinos and gambling firms.
  • Gaming Board of Anjouan: Responsible for the monitoring and supervision of all gambling related functions, this in regards to the Betting and Gaming Act.

Required Documents for a Gambling License:

  • Copy of passport legalized with an apostille or current driving license or national identity card
  • Proof of residential address
  • Original bank reference
  • Police clearance certificate to show that the owners have no criminal record.

Such charter and bye-laws as may be filed with the registrar under the certificate of incorporation or registration and the memorandum and articles of association or constitution or deed of partnership.

Comoros Bookmakers: License and Fee

Types of Licenses:

The Comoros offers different types of licenses for various gambling activities:

  • General Gambling License: Includes the conventional forms of gambling that are the casinos and the sports betting facilities.
  • Online Gambling License: Specific to the online operations which include the sportsbooks and the online casinos.

Licensing Fees:

  • Application Fee: €750
  • Annual License Fee: €15,000

Taxes on Gambling Activities

Comoros offers an attractive tax regime for gambling operators:

  • Gambling Tax: None or 0 percent of the gross gambling revenue.
  • Corporate Tax: 35% (raises to 50% if the company’s turnover is KMF 500 million or more, which is equivalent to $1 200 000)

There are no specific performance-based taxes on gambling, however, the operators are required to pay the mentioned fixed licensing fees and corporate taxes.

Comoros Sports Betting

Legal Status

Comoros legalized sports betting as early as 1977 for the physical betting shops and since 1999 for online bookies. In order to start operating sports betting, the interested companies should obtain the respective licenses and abide by the rules and the regulations of the Anjouan Offshore Finance Authority.

Requirements for Operating Sports Betting Establishments:

  • Licensing: Has to get a gambling license and will be required to pay certain gambling fees.
  • Compliance: Compliance with the rules and requirement of the Anjouan Offshore Finance Authority as well as the Gaming Board of Anjouan.
  • Financial Transactions: All commercial transactions have to be made using the banking system of Comoros only.

Sporting Event Glory Milestones

Comoros has a rich sporting history, particularly in football, track and field, and other international events:

  • 1996: The Comoros Island first joined the Summer Olympics in Atlanta.
  • 2003: The comerian football association entered the comoros national football team into the Confederation of African Football.
  • 2005: The team affiliated to FIFA.
  • 2019: First time to qualify to the African Cup of Nations.
  • 2004: Mohamed ali Mchangama the Tanzanian athlete competed in the 2004 Olympic games in Athens and won a bronze medal in the 400m hurdles event.

Conclusion

Comoros has slowly but surely become one of the leaders in the provision of gambling services in Africa. Due to its beneficial legislation, quick licensing system and absence of taxes linked to gambling it is highly prospective for operators and bookmakers. Despite this, it has not yet reached its peak, as to this date only a few licensed operators are providing the service.

FAQ of Comoros Bookmakers

Africa Bookmakers

Guinea Bookmakers

Guinea Bookmakers

Guinea is situated on the west coast of West Africa and it is neighbored by Guinea Bissau to the north, Senegal and Mali to the north and northeast respectively, Cote d’Ivoire to the east, Liberia and Sierra Leone to the ... Read More about Guinea Bookmakers
Benin Bookmakers

Benin Bookmakers

Benin is a country located in the southern part of west Africa and they have always have laws to govern the aspect of gambling. New technologies and the changes in the society of Benin has shifted the face of gambling ... Read More about Benin Bookmakers
Burkina Faso Bookmakers

Burkina Faso Bookmakers

Burkina Faso is located in the upper region of the Volta River, a western African nation, with Benin and Niger to the east, Côte d’Ivoire, Ghana and Togo to the south, and Mali to the west and North. Over the ... Read More about Burkina Faso Bookmakers
Malawi Bookmakers

Malawi Bookmakers

Malawi is a land locked country situated in the south eastern part of Africa with its neighbours being Tanzania to the North, Mozambique to the east and Zambia to the west. Today, the gambling industry is developing fast, and this ... Read More about Malawi Bookmakers
Nigeria Bookmakers

Nigeria Bookmakers

Nigeria sits in the southeastern part of West Africa on the coast of the Gulf of Guinea and is a country rich in culture and minerals as well as emerging gambling industry. Nigeria has put in place substantial legal framework ... Read More about Nigeria Bookmakers
Madagascar Bookmakers

Madagascar Bookmakers

Madagascar is one of the island countries in the Indian Ocean that is endowed with a fascinating culture and rapidly developing gambling industry. Although the country is comparatively small in size, it has established a proper structure for Madagascar bookmakers ... Read More about Madagascar Bookmakers
Mali Bookmakers

Mali Bookmakers

Mali, a country located in the western part of Africa is another country that has undergone a number of changes in the laws and regulations concerning gambling. This article contains information on the legal framework of the Mali bookmakers gambling, ... Read More about Mali Bookmakers
Lesotho Bookmakers

Lesotho Bookmakers

Lesotho is an enclaved country in southeastern Africa, Lesotho has a quickly developing gambling business, and in the last few years, the country has achieved much to manage its bookmakers and sports betting sector. This article aims to give an ... Read More about Lesotho Bookmakers
Zimbabwe Bookmakers

Zimbabwe Bookmakers

Zimbabwe is a country located in southeastern Africa where gambling has been accepted by society since the early 20th century. In the years that followed, the country's gambling industry, especially Zimbabwe bookmakers and sports betting, has grown tremendously. In this ... Read More about Zimbabwe Bookmakers
Scroll to Top