Online Casino Curasao Gaming License

• Online Casino Curacao Gaming License Online
• Online Casino Curacao Gaming License Renewal
• Online Casino Curacao Gaming License Number
• Oklahoma Casino Gaming License

Thanks to this license being very respected in the gambling world, many online casinos want to be licensed by Curacao eGaming, even when they aren't their only regulator. Adding a Curacao gaming license lands further credibility to an online casino, so you're bound to often come across it during your online gambling adventures.

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.

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.

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

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:

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

While starting a gambling business, it’s important to think about one of the most essential procedures - obtaining a license. Today there are lots of licensing jurisdictions located all over the world and offering different terms for their customers.

Among countries offering gambling licensing services, the attention should be paid to Curacao jurisdiction, which is considered to be one of the most promising for the online gaming business. Let’s analyze how to get a gaming license there.

Jurisdiction

Curacao (Curaçao) is an island belonging to the Lesser Antilles located in the Caribbean Sea. Curacao is an offshore zone charging low taxes and possessing highly developed infrastructure. That is why the majority of gambling companies are registered under this very jurisdiction.

Curacao gaming licenses have been issued since 2001. Cyberluck Curacao N.V. issues master licenses approved by Curacao Justice Department.

Curacao Internet Gaming Association (CIGA) is both a regulator and a licensor. It includes around 30 companies functioning as online gaming operators and the rest of the enterprises involved in the gaming industry.

Do not miss:Gambling License on Malta

Types of gambling licenses in Curacao

Authorized bodies of Curacao issue two types of licenses:

• Master License: Curacao basic license;
• Sub-License: it offers the same rights but does not enable holders to extend the sub-license to third parties.

There are just a few master license holders on the island. Gaming companies mainly aim at obtaining a Sub-License today which enables them to operate all over the world except for Curacao itself, the Netherlands, France and the USA.

Requirements to get a Curacao gaming license

Documents necessary for company registration:

Online Casino Curacao Gaming License Online

• criminal record;
• passport scans;
• bank account confirmation;
• documents proving payments for utility services.

After the company is registered, an operator can apply for the license providing the following documents:

• a document certifying the right of domain possession;
• description of games planned to be used in the project;
• a list indicating countries of potential operation;
• illustration of server locations to be used in the project;
• a copy of the agreement with a software provider.

Apart from that, it is necessary to purchase an appropriate software for a transit server and pay for its technical support and maintenance every year. The entire license issuing process takes between 2-4 weeks.

Curacao gambling license cost

As for taxation, there is no VAT, no sales tax, no duty on imports and 0% tax out of total revenue from bets. The corporate income tax is 2%.

Challenges and advantages of Curacao online gambling license

Online Casino Curacao Gaming License Renewal

For those willing to obtain a gaming license in Curacao, it is important to keep in mind that:

• Curacao doesn’t intervene in disputes between players and operators;
• it is not easy to open corporate bank accounts for gaming companies.

Online Casino Curacao Gaming License Number

However, Curacao gambling licenses give the following advantages:

• prestigious Curacao jurisdiction;
• operation on the European market;
• low Curacao gambling license price compared to the rest of the jurisdictions;
• low taxes;
• minimum requirements to obtain a license;
• fast process of obtaining a license;
• one license for all types of gambling businesses.

Oklahoma Casino Gaming License

Operators who want to obtain a Curacao gambling license but would like to make the process easier and faster can turn to Slotegrator. The company provides consultancy services and professional guidance for online projects in terms of licensing and helps to get a gaming license in more convenient ways.