Seychelles is familiar to Georgian clients more as a holding jurisdiction than as a gambling market — and that ratio is itself accurate. The jurisdiction's peculiarity lies elsewhere: the Financial Services Authority (FSA) combines two functions in one house — registrar of International Business Companies (IBC) and regulator of gambling. That has a practical consequence for structuring: the holding and the licence are administered from the same address, but the licensee population is small and the regime remains a niche — this is not a volume jurisdiction. Below we examine what the two registers actually show, how the fees are fixed in the official schedule, and what a Seychelles structure means under Georgian law.
One Regulator, Two Registers: What the FSA Publishes
Gambling on Seychelles is regulated by the Financial Services Authority under the Gambling Act 2014, with fees set by the Gambling (Fees) Regulations 2018. The FSA's public register is presented in three tabs — Casino, Slot Machine and Interactive Gambling — so a single register shows who holds which format. On current data, the sole active interactive-gambling licensee is Amazon Betting (Proprietary) Limited of Victoria, Mahé; among casino licences the register names, among others, Berjaya International Casino, Star Casino, Victoria Casino and Club Liberte. The picture is unambiguous: one interactive licensee and a handful of casinos across the whole jurisdiction — this is a niche-sized regime. Land-based betting is licensed separately by the Seychelles Licensing Authority (SLA), outside the FSA's frame.