Seychelles is an archipelago country. The 115 island country whose capital is
Victoria. Seychelles has the smallest
population of any independent African state, with a population of roughly
93,000.
It is a smallest
independent country in the world with their own currency. Unfortunately country owes huge amount of
debts, this had an impact on regulating online gambling and collecting taxes for
the interest of country’s economic development in 2003.
However, the Gambling
Act was revised in the year 2014, due to insufficient and incomplete details
provided to pass such bill in 2003. The most recent gambling
act is Seychelles Gambling Act of 2014. This act provides three main types of licenses.
- Casino license
- Slot machine license
- Interactive gaming license
Online gambling is
legal, but unregulated and operators are eligible for a license once the
government initiates to proceed out the licenses. Apparently there do not seem to be any online
gambling sites operating under a Seychelles license.
Under the current
Seychelles Gambling Act of 2014, there appears to be a norm where players would
be penalized on placing bets with unlicensed gambling platform. However major foreign online gambling
companies accepts player from the country. There is no case reported against any player to place bets online on
unlicensed platforms.
Lottery is legal in
the country. The company called
Inter-Lotto has monopoly to conduct lottery games. It does not appear to operate online. Online sports betting is also legal and
licensed but is not among fan favourites.