Licences/Canada (First Nation)

Tobique Licence — Cost & Bank Account

Real Tobique licensing costs from Tobique Gaming Commission, plus how to open a bank account once you hold it. Setup typically 12 weeks; banking usually 10 days after.

Cost overview (5-year all-in)

Application fee
€36,000
Annual licence
€25,000
Capital req.
€0
GGR tax rate
0.0%
Legal setup
€30,000
Compliance / yr
€70,000
Audit / yr
€15,000
5-year total
€616,000
Setup time12 weeks
Term1 years
Local personnel requiredNo
Player-fund segregationNot required
Tieroffshore emerging
Confidencemedium

Notes

Tobique Gaming Act 2023. Annual renewal. Year-1 fee structure varies across sources.

Primary sources

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