Established in the year 1996, Curacao eGaming License is one of the most popular gaming licenses. They have been an online gambling regulator since 2002. However, the cost of obtaining a license from any authorizing body is expensive and the procedure is not very simple either. This cost can be highly problematic for smaller businesses. Curacao is an island making up the Dutch Caribbean, previously called the Netherlands Antilles. It is known to be among the oldest running gambling regulators for online casinos. All casinos holding a license from Curacao are regularly audited.

Jurisdiction

The Curacao Gaming License does not welcome players from Aruba, Belize, Bonaire, France, Netherlands, Saba, Statia, St Martin, and the USA.

Basic Information

For any information about this licensing body, you can visit http://www.curacao-egaming.com/. If you are looking to talk to them, you can drop them an email at info@curacao-egaming.com or give them a ring at +5999 465 1134.

There are no different types of licenses available there. There is only one type of license which covers every aspect of gambling, from skill games and sports betting to all varieties of games of chance. The owners are needed to post their official licensing seal publicly to make it clear that they are legally licensed and that they follow the rules.

The Curacao Internet Gambling Association or the CIGA works particularly with monitoring all forms of online gambling in Curacao. They are government representatives and work with the operators for dealing with issues, such as the legalities, policies, and licensing requirements. These members are overseen by the Curacao eGaming Licensing Authority.

Some good news

Thanks to the low taxes, the costs for the gaming license is low as well. This is one of the main reasons why many businesses plan on getting their license from Curacao. The taxes are as low as 2% of the net profits! Companies with a budget lower than 1,000,000 U.S. Dollars will find it impossible to get a gaming license from an AAA country.

Apart from the low rates, the favorable tax laws are attractive to the businesses as well. The simple licensing procedure is yet another reason for Curacao being the popular choice. Many will know that different licenses are needed depending on what kind of gambling is offered on the website. But here, there is only one license which lets the owner offer everything.

Curacao eGaming also offers financial and technical support to the industry, such as private cloud servers, dedicated services, and international finance,

The Bottom Line

Unfortunately, due to simple licensing procedures, Curacao is known to be less reputable when compared to other jurisdictions. With a license from Curacao, it is possible that the operator will not get access to a few major gaming markets across the world because of certain restrictions or limitations.

In issues between the operator and the player, the body generally stays out of it and does not intervene. Curacao offers two levels of licensing, namely, master license and a sublicense. Those having a master license can issue sub-licenses and conduct audits. Today, most of the issues licenses are sub-licenses and these are issued by the operator rather than the authorizing body.

 

Regulated Casinos:

Some of the recommended online casinos regulated by the Curacao eGaming commission are:

guts casino    Rich casino    rizk casino    spinit

unique casino