The gaming regulatory authority in Curacao is the Gaming Commission; they regulate, monitor and license egaming companies and all egaming activities in the Curacao jurisdiction. About Curacao eGaming. Curacao eGaming: Among the first providers of services. Some of the highly recognized names are on board with them, already. Global IP compliance service: data centers are located around the globe. The solutions are customized to the requirements of clients yet are compliance-ready. There is a variety to meet all the.

Curacao Egaming

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Curacao egaming casinos

When depositing real money on online casinos for playing casino games for cash, don’t just throw your money at the first gambling site that comes along. It is important that you stick with the online casinos that are licensed by legitimate gambling regulators like Curaçao eGaming.

Curaçao eGaming has been operational since 1996. It is one of the oldest online gambling regulatory bodies in existence. The gambling licenses offered in Curaçao are quite unique. There, the Ministry of Justice issues masters licenses to a select few major companies. These companies then act as franchises and offer sublicenses to other casino operators. There are 4 major companies that hold master gambling licenses in Curaçao and Curaçao eGaming is one of them.

Rules Guiding Casinos in Curaçao

The Curaçao eGaming has put in place rules and regulations to help guide both online and offline Casinos. These rules must be strictly obeyed by the casino operators in order to obtain a gaming license and to keep their license running.

  • The rules include prompt payment of tax, protection of the interests of the guests, and also moral rules such as unbiased gaming.
  • The laws in Curaçao also state that all players must be 18 years and above, be it on online casinos or offline casinos.
  • Age of the players must be verified by Casino sites before access is granted for them to play.

Types of Casino Licenses

Egaming

Curaçao eGaming offers only one type of license which is called the “Master License”. This license, issued by the Ministry of Justice, covers all the casino games, including lottery, skill-based games, sports betting, racing, and other online gaming. The holders of this master license are then allowed to sublet the license to gambling operators.

Curaçao eGaming is one such holder of the master license. Companies running any еGаming operations within Curaçao jurisdiction, including software companies offering online casino management platforms, must hold a master license for gaming.

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Other licenses used by online casinos

How to Get a License

To get a license, the first thing that gambling operators must do is submit a licensing application with the Curaçao eGaming. The authorizing body will take it from there. The organization usually audits the casino to be licensed, does a background check, tests the game software for randomness, and reviews business practices, which may result in a few changes being made to the operation of the online in order to meet the licensing requirement.

Once all the requirements are met, the casino will be issued the license. Even after the license has been issued, regular checks are made to ensure that the casino follows all the rules necessary for maintaining its license. New rules are also added from time to time, although the casinos are usually given a grace period for complying with the new rule.

All еGаming operators who hold a valid license from Curaçao eGaming are required to display a seal on their website, which acts as proof of the validity of the license.

Responsible Gambling

Curaçao encourages responsible gambling, where casinos are required to help players that have a history of or is suffering from gambling addiction.

Curacao is one of the island that make up the Dutch Caribbean
(formerly known as the Netherlands Antilles). It’s one of the
oldest running online gambling regulators and as such is a
fairly well-known e-gaming regulator.

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Any casino that displays the Curacao eGaming license on its
website has been through the initial investigation process and
is regularly audited by Curacao authorities.

Curacao egaming casinos

Advantages of a Curacao eGaming License

Many gambling operators have chosen to make Curacao their
home due to its favorable tax laws and relatively quick and
inexpensive licensing procedure. Curacao charges a tax of just
2% on net profits and does not put up massive barriers to entry
for potential operators. If you have the cash and a legitimate
casino, you’ll probably be approved.

The fees for a “master” gambling license in Curacao include a
60,000 ANG (or about $34,000) setup fee and then 10,000 ANG
(about $5,600) per month for the first two years. After that,
the operator can negotiate with the government of Curacao for
fees going forward.

Master license holders are allowed to grant sub-licenses to
anyone. A sub-license comes with all the benefits of a master
license other than being able to lease out sub-licenses.
However, the master license holder is responsible for all
activities of all sub-license holders.

There are a number of master license holders that offer
packages to new entrants in the gambling market. They offer
complete solutions including a sub-license, business license,
hosting and other services for a fee that is often cheaper for
new entrants than trying to do it all alone.

Curacao is also attractive for the simplicity of its gambling
laws. Only one license is needed for any type of gambling
operation. It doesn’t matter if you run a casino, a sportsbook,
or a website that does it all; one license is all that’s needed.

The process for getting a license in Curacao is significantly
easier than dealing with the UK Gambling Commission or most
other licensing agencies in which there are multiple types of
licenses, fees that go into the hundreds of thousands of dollars,
and application processes so complicated that lawyers must be
hired.

In addition to licensing and regulation, Curacao eGaming
provides technical and financial support for the online gambling
industry. Some of these services include dedicated services,
private cloud servers, international finance, and help with other
matters related to running an online casino.

Disadvantages

Curacao Egaming

The greatest disadvantage of a license from Curacao is that
it doesn’t have much meaning. Just about anyone serious about
starting a gambling site can afford the fees and make it through
the initial investigation. As long as you have the cash and a
fair casino, you’re pretty much in.

Players are well aware that the licensing standards in places
like Curacao don’t mean much compared to licenses from other,
more discerning jurisdictions. Casinos licensed by Curacao have
suddenly gone rogue, stolen money, and disappeared. Curacao doesn’t intervene in disputes between players and operators. From
the player’s point of view, a license from Curacao is
meaningless.

Of course, there are plenty of safe and respectable gambling
sites licensed in Curacao. It’s a safe, legal place to establish
an online casino. However, casinos located in Curacao must build
their own reputations the old-fashioned way. A license from
Curacao isn’t the quick ticket to trust.

If you do run into any trouble with their licensing or have
any specific questions that aren’t answered here you can contact
them any time. They make it pretty easy to get in touch with
them through phone or email. Also for more information on what
they are all about you can visit their website as well. All of
their information is below:

Curacao Gambling License

  • Website:
    http://www.curacao-egaming.com/
  • E-Mail:[email protected]
  • Phone: +5999 465 1134