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The future of the industry

Until 2030, the basic scenario is evolution, not sharp liberalization: an emphasis on strengthening the National Lotteries Authority, digital sales (e-instant, mobile wallets) and pilot products like fixed sports pools.

A "narrow" regulatory regime for online betting is possible, with an emphasis on KYC/AML and responsible play to bring some traffic back from offshore without opening land-based casinos.

Tourism will remain a link: partnerships with hotels and events (regattas, Vincy Mas carnival) will give an incentive to promotions of lotteries and bets.

Risks - limited market capacity and compliance costs; opportunities - fintech integrations, cross-Caribbean jackpots and local content (cricket/football) with responsible targeting.

SVG as offshore hub for cryptocasino

Saint Vincent and the Grenadines remains a popular offshore jurisdiction for crypto project structure and iGaming business. At the same time, online casinos/bookmakers are not licensed to operate in the local market, and the regulation of virtual assets has been transferred to the mandatory registration regime VASP (Virtual Asset Business) from 2025. We analyze why SVG is chosen for holdings and payment nodes of cryptocasino, what are the requirements of AML/CFT and where are the key reputational risks.

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