A gaming license restricts your operations to the state or province that issued them. This makes perfect logic, as no nation has the authority to demand that another recognize its drivers’ licenses. The issuing of licenses to online gaming firms, the regulation of such organizations, and the providing of services and software to the sector are all legal in nations (licensing jurisdictions) that have established such legislation. To issue permits and keep tabs on online enterprises, some jurisdictions have their own regulatory bodies. A Curacao gaming license is one example of such a license.
Authorization to Offer Online Gambling in Curacao
Curacao is able to offer licenses for internet gambling since it is a licensing jurisdiction. A Master License is issued by Curacao, and the holder of that license may then grant further licenses. A sublicense holder is restricted from issuing more sublicenses, although that is the only major distinction. Since all kinds of online gaming (wagering, chance, skill, etc.) are covered under Curacao’s single gambling license, operators there need only apply once. Online gambling service providers like software developers, affiliate marketers, platform operators, etc. are all covered by a single Curacao license.
To what jurisdictions do a Curacao Gaming License permit operations?
You may accept players from any nation that has been granted a Curacao online gambling license, provided that doing so does not violate your sublicense agreement. There is a blanket prohibition on players from Curacao, Belize, the UK, the US, and a number of EU countries (including Germany, the Netherlands, and the UK).
Is it worthwhile to apply for a Curacao gambling license?
It will be restricted to the areas where your license is valid. However, if you set up shop in Curacao, you may run a legitimate gambling website without being subject to taxes or having to fill out a long application. In order to be considered trustworthy, an online casino must have the appropriate gaming license. Establishing a physical presence in most licensing jurisdictions is essential. Tax havens in Curacao are quite inexpensive.
Who are the authorities in charge of overseeing the gambling industry in Curaçao?
The Curacao Gaming Control Board (GCB) was established in 2018 by the government of Curacao to oversee the country’s online gambling industry. The GCB currently oversees the anti-money-laundering and counter-financing-of-terrorism industries for the whole gaming industry, including internet gambling.
The Curacao Internet Gaming Association (CIGA) operates under this umbrella organization and is charged with authorizing online casinos.
Is a gaming business license necessary to operate in Curaçao?
The government of Curaçao only grants one license for all forms of gaming. Without the proper permits, you cannot legally do business on the island of Curaçao. As a member of the International Association of Gaming Regulators, the government there cooperates with the Central Bank of Curaçao and Sint Maarten (CBCS) (IAGR).
Is it possible to access a Curacao online casino from your country?
Players are naturally wary of casinos that are unlicensed or headquartered in countries with lax financial data protection laws. Your casino should open in Curacao. Gaming licenses are the gateway to the lucrative global gambling industry, earning them a stellar reputation.
Curacao Gaming Board licensees must follow its rules. Only inhabitants of the following countries or regions are barred from betting while licensed:
- The US
- France
- Australia
- The Kingdom of the Netherlands
- Curacao
- Dutch West Indies
Curacao Gaming License casinos restrict bets from these countries alone. The board has no control. It requires to Know Your Customer, Anti-Money Laundering, and Countering the Financing of Terrorism regulations like other authorized online casinos.
If illegal users register in a restricted country, the Curacao licensee is not accountable.
Other countries may prohibit gaming. Despite the name, these laws apply to all casinos, not only Curacao ones. Several nations outlaw online gambling.
