title: Seychelles — Overview: What kind of market is this? | advennt.io canonical: https://advennt.io/jurisdictions/seychelles/overview/ [Jurisdictions](https://advennt.io/jurisdictions/) [Seychelles](https://advennt.io/jurisdictions/seychelles/) Overview Seychelles · Question 01 of 11 # Overview: What kind of market is this? Mixed · Probable · AI-generated · [Back to full Seychelles report →](https://advennt.io/jurisdictions/seychelles/) Key section parameters | Jurisdiction | Seychelles (SC) | |---|---| | Regulator | Recorded in register | | Favourability | Mixed | | Confidence | Probable | | Review status | AI-generated | | Last collected | 18 Oct 2026 | Summary answer Seychelles operates a licensed offshore gambling model administered by the Financial Services Authority (FSA) under the Gambling Act, 2014, covering casino, slot machine and interactive gambling licensing. Lottery and other games of chance sit outside the Gambling Act's perimeter and are instead adm… ### Key headwinds & conditions - Mandatory local incorporation under the Companies Act 1972 and FSA-approved local premises/land sanction for casino/slot licences - Player registration servers must be maintained in Seychelles (data localisation) under SI 2/2024 r.13(1) - A 2022 capping regulation limits the number of slot machine and casino licences issued - Annual Interactive Gambling Licence fee of SCR300,000 plus capital/reserve/revolving-fund maintenance obligations ## Full section analysis Seychelles operates a licensed offshore gambling model administered by the Financial Services Authority (FSA) under the Gambling Act, 2014, covering casino, slot machine and interactive gambling licensing. Lottery and other games of chance sit outside the Gambling Act's perimeter and are instead administered separately by the Seychelles Licensing Authority. Three operational licence classes sit under the FSA's remit: Casino, Slot Machine, and Interactive Gambling, the latter split by the Seychelles Gambling (Interactive Gambling) Rules 2024 (SI 2/2024) into a Type 1 class for operators running their own games and software and a Type 2 class for operators contracting in third-party games. The 2024 rules introduce material compliance friction not previously documented for this jurisdiction, including data-localisation and bank-held capital-reserve obligations, while a 2022 regulation separately caps the number of casino and slot machine licences the FSA may issue.