BetConstruct to assist partners in acquiring the Tobique Gaming License

Gaming technology provider BetConstruct has announced that its team is now able to assist partners in acquiring the Tobique Gaming Licence. Issued by the Tobique First Nation of New Brunswick, Canada, the license is subject to a vigorous regulatory framework and responsible gaming practices. 

The license is overseen by the Tobique Gaming Commission. Operators holding the Tobique Gaming Licence are required to be in full compliance with local regulations.

BetConstruct highlighted the following reasons why operators need the Tobique Licence:

• Entry to new and emerging markets: Operators holding the license will be able to expand their reach into diverse local markets, all while remaining compliant with regulations. This will allow them to acquire a wider customer base.  
• Upholding responsible gaming: With responsible gaming being of high importance in the industry, the Tobique license helps operators foster a secure gaming environment, highlight the significance of responsible practices, and enhance customer trust.
• Favorable tax policy: Operators holding a Tobique license benefit from exemptions on various taxes and levies related to gaming activities, allowing for substantial profit growth while in full compliance with relevant regulations.
• Streamlined payment and supplier risk management: The license ensures faster onboarding processes while maintaining confidence in the jurisdiction's robust controls.

Additional benefits of holding the Tobique Licence:

• Easy application process through an online portal with fast processing times.
• A dedicated team of professionals readily available for timely assistance.
• Minimal application and maintenance fees (with no taxes).
• No requirements for local company presence, personnel, or infrastructure in the jurisdiction.

"Through collaborating with the Tobique First Nation, the company is eager to aid partners in upholding regulatory compliance, particularly within the framework of entering new markets," BetConstruct said in a press statement. "This amounts to a safer industry for all involved."

As part of its expansion, BetConstruct recently acquired the Romanian Remote Gambling B2C Licence. This license, granted by ONJN (Romania National Gambling Office), enables BetConstruct to cater to Romanian users within the full scope of regulatory compliance.

BetConstruct’s team noted that this achievement marks "the culmination of a rigorous and comprehensive process to meet the stringent regulatory standards "set by Romanian authorities."