Many of the longest and strongest reputations sportsbooks house themselves outside of the United States, in the Caribbean islands such as Antigua, Costa Rica, and Curacao. Each of which offers online sportsbook licenses and cooperates with regulatory bodies to ensure legitimacy, safety, and highest satisfaction for bettors.If you are interested in knowing more about the nuances of each of these licensing regions and how they coordinate with sportsbooks to enable the best sports betting experiences for clients all over the globe, keep reading!
A small island and former British colony situated in the West Indies, Antigua is a famous location of operations for many online sportsbooks.
Antigua is popular both regionally and internationally for its unique ports that are geographically suitable for natural protection and shelter from extreme weather conditions. Just as Antigua is a safe haven for stranded sailors in need of shelters to avoid extreme weather, it similarly enables protection and a secure venue of operation for numerous sportsbooks.
Antigua Was the Pioneer in Offering Online Sportsbooks Licenses
Antigua was one of the first nations to legalize online sportsbooks, publishing its first license to an online sportsbook since 1994. By 1996, the nation organized 15 online sportsbooks. At its the highest period, Antigua’s online gaming industry recruited over 5,000 people, which was a significant proportion of the country’s workforce. Generating over $3.5 billion in annual revenue, the online sports betting industry focus on call center operations, marketing, and the Information Technology sector.
This small island nation has created a model for other nations on how countries can successfully integrate online sportsbooks to benefit their economy. The relationship between sportsbooks and the national employment and GDP rates has become mutually beneficial. Most, if not all, countries that permit licenses to online sportsbooks have built themselves after Antigua.