Curaçao Gaming License
As well, external European countries like the EEC countries are all allowed to play. Please note that under certain circumstances, specific operators might be subject to additional requirements. As of now, the LOK’s draft remains within the legislative channels, with no accompanying secondary legislation or regulations presented to the public.
How to get the new Curacao gaming license in 2025?
Make sure to check your local regulatory requirements before you choose to play at any casino listed on our site. The content on our website is intended for informative purposes only and you should not rely on it as legal advice. The jurisdiction has made the obtaining license process non-bureaucratic, allowing operators to submit applications and track progress online. It makes this casino license easier to obtain compared to other jurisdictions. For example, a Malta license typically takes up to a year, but in some cases, it may take 18 months or 2 years or even 3 years. Additional material related to the application of online gaming licenses.
When the license is granted, operators will need to pay a monthly fee of EUR 2,050 and an annual fee of EUR 24,530. Last but not least, operators get full freedom to run any gambling activity within the Curacao jurisdiction. This license lets online gambling operations owners offer everything from slots to live games, bingo, and lotteries — all with a single license. This means that operators get to expand and experiment without worrying about extra legal steps. The new Curacao licensing framework offers several advantages over the previous system. The direct licensing approach adds to Curacao’s market legitimacy and reputation by introducing stricter regulatory standards and eliminating the opaque master/sub-license system.
Company Registration in Saint Vincent
With our assistance, you will have in place the company structure that you need to register the license and get going. And the payment processing merchant accounts necessary for your customers’ deposits and withdrawals will be ready in reputable European EMI service providers. While the Curacao gambling license was once considered easy to get, the application process is now more detailed.
- To find a suitable compliance officer may take a while so it’s recommended to start looking for them in advance.
- This system provides flexibility and efficiency in securing licenses for various gaming activities.
- In addition, you’ll find other betting options such as sports, virtual sports, lotteries, etc.
- However, for those based in Curaçao, with our expert help, we can provide you with an EU-based payment processing agent providing high-risk merchant account payment processing.
While the Curacao eGaming license might not be the strictest option, it’s still one of the best out there. Firstly, Curacao eGaming casinos can accept payments in cryptocurrencies. This grants players a higher level of privacy, convenience, and possible anonymity. Once a license is obtained, companies are required to adhere to strict regulations and oversight from Curacao eGaming.
Regarding the supplier license, only suppliers of gaming-related critical services and goods established in Curaçao are required to obtain a supplier license. However, this requirement will not take effect immediately, but will come into force two years after the LOK entered into force. Yes, the Curacao casino license is relevant for sports betting as well. Your gambling company will be signed up in the official license register, and you will obtain the Curacao gambling license. In the future, this amount will be deducted from the total license cost. Plus, there are no VAT obligations and requirements for local office presence.
Sub licenses allow you to offer specific gaming activities under the umbrella of an existing master license. This option can save time and resources compared to applying for a new independent license, enabling you to tap into the online gaming sector swiftly. Companies that are registered and licensed by Curacao can own numerous websites.
This includes incorporating a variety of classic table games, innovative slot machines, live dealer games, and even expanding into sports betting. Diversification enhances player engagement and increases your platform’s competitiveness. Curaçao actually has four, yes four master license holders, these are Cyberluck Curaçao N.V.
These measures protect players and also strengthen operator credibility. Owners of new master licenses will not have the ability to issue sub-licenses. Stay updated with any changes in regulations or compliance requirements to ensure your gaming operations remain within the legal framework.
To be eligible for a gaming license, an operator must demonstrate that it is financially stable and has the necessary technical and operational capabilities to provide a fair and secure gaming environment. The operator must also show that it is in compliance with all applicable laws and regulations, including anti-money laundering and anti-fraud provisions. The regulator in the jurisdiction of Curacao is the Curacao Gaming Control Board. It sets the rules for acquiring the gaming license that you need to conduct online e-gambling operations in Curacao and oversees the operation of the casino. There are dozens of countries and territories that today offer some form of license to operate an online casino or gaming operation. In the table below, we pinpoint where any startup casino operator should focus his attention, along with where we know Curaçao’s strong points are.
Do note there are quite a few different statuses/licenses that can appear. New regulations have made it better for players to play under a Curacao online casino curacao license. This has been achieved by their strict regulations regarding the gaming providers each licensee holder has. All applications for online gaming or supplier license must be submitted via this Portal. Applications submitted outside of the portal will not be processed or considered.
Curacao’s rising fees will challenge operators to plan more carefully in 2025. The starting cost of EUR 55,000 requires a larger financial commitment for obtaining a license. Only time will tell how the changes we’ve covered will influence the online gaming industry and Curacao overall.