REGISTRATION AND LICENSING REQUIREMENTS
- The Applicant is a person or entity incorporated in India and has substantial holding and controlling stake in India.
- The Applicant should not have any criminal record.
- The controlling stakes and decisions are to be made in India.
- The Application in the prescribed format is to be submitted along with the application fee of INR 50,000.
- The Applicant is required to submit documents like Random Number Generation (RNG) Certification, Software certification, Company Incorporation and tax-related documents with the application.
The Applicant is required to submit documents like Random Number Generation (RNG) Certification, Software certification, Company Incorporation and tax-related documents with the application.
Issue of License
The application and documents provided by the applicant are scrutinized by the Director, Nagaland State Lotteries. Upon being successfully examined by the Director as stated above and after complying with the formalities prescribed with payment of the requisite fees, the license is granted to the applicant by the Nagaland State lotteries within 6 months from the date of receipt of the application.
Applicability
The licensee can offer their services to all States or Union Territories where games of skill are permitted. The license also allows the online websites to advertise their services their game in all such territories where games of skill are exempted from the purview of gambling. Government access is to be provided to enable the authorities to ensure the activities undertaken by the licensee on a real-time basis.
Validity of License
The license would be valid for five years and the license fee would double after the first three years. The license-holder has to pay a gaming tax/royalty of 0.5% of the gross revenue generated, minus any service tax, bonuses, cashback, payment gateway charges etc.