When it comes to online casino gambling, players, as well as operators, we need to consider a good number of factors. No one wishes to lose money at rogue casinos.
Curacao eGaming Licensing Authority was established way back in 1996 for the purpose of ensuring that all players have big time when playing.
As at now, the authority offers operators two main types of licenses which comprises all types of electronic gaming such as online sports betting, games of skill and luck, online casino games, and lotteries. Initially, Curacao was one with Netherlands Antilles but it was split in 2010, where Curacao continued to issue licenses to different gambling platforms in the market.
Many casino operators are lured to Curacao eGaming because they offer relatively low tax rates and the licensing procedure inflexible too.
Obtaining Curacao eGaming License
For you to acquire a license from the Government of Curacao, there are certain documents you will be required to submit to the commission.
- First, you must submit copies of several documents including your original passport, bank details, and others. These documents must not be older than 3 months
- Second, you must highlight all the activities that will be carried out on the casino platform
- Third, you must specify your target market
- Fourth, the applicant must host a backup database of all their clients within the jurisdiction
- The companies supplying the casino with casino games
- The certification of the RNG software.
Types of Licenses
Online casino operators can find two main types of license offered by this world-famous Authority which are divided into the master license and sub-license.
Master License – With this type of license, the final word on whether it should be issued or not is left in the hands of the Minister of Justice depending on the type of documentation that is presented by the applicant. After acquiring a master license, the operator can also issue sublicenses to others operators.
Sub-license – All sub-license holders enjoy almost similar privileges like master license holders. The only difference is that they cannot issue sub-licenses to other operators.
Advantages of Curacao License
- Holders enjoy a low cost and simple procedure
- It is cheaper compared to other licensing authorities
- There are different activities supported by a single license
- The tax rates are quite low compared to other jurisdictions
Regulated Casinos
Some of the recommended online casinos regulated by the Curacao eGaming commission are:
