Pros and cons of Curacao Gaming Licenses

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Curacao gaming license – hands-free – GBO offers turnkey solutions for setting up a fully operational gaming business that includes Curacao gaming license, company formation, assistance with opening bank accounts and a merchant account, introduction to white label software, and overview of your corporate structure.

The Curacao e-Gaming License Application Process

  1. Pre-approval process: The applicant submits basic information about their company and proposed e-gaming business to a corporate service provider. The pre-approval process takes just 1-2 days.
  2. Application form: An application form; supporting documents and license application fee are submitted to the Curaçao Gaming Control Board.
  3. Evaluation: The application is evaluated, facts are checked and confirmed.
  4. Approval: If all is in order the license is approved and you can launch your e-gaming site. Within just a few weeks you will have your Curacao e-gaming license and can then operate worldwide (with the exception of a few jurisdictions).

Read more about the e-Gaming license in Curacao

Curacao e-Gaming License

 

Curacao is one of the leading and most respected e-gaming jurisdictions in the world. Curacao is a Caribbean island and a constituent country of the Kingdom of the Netherlands. This European connection together with the island’s remote location makes Curacao a unique jurisdiction.

The cost of your Curacao e-gaming license will include an application fee and a fee for the actual license which must be renewed each year. The cost of an e-gaming license varies from jurisdiction to jurisdiction. One of the conditions of the Curacao provisional license is a 60,000ANG guarantee deposit.

Advantages and disadvantages of a Curacao e-Gaming License:

Advantages:

  • Inexpensive application process.
  • Relatively fast and easy application process.
  • Agreeable tax laws.
  • Straightforward gambling laws.
  • One license for all gambling operations.
  • Proof of licensing label can be displayed on your site.
  • Read more in our guide of the pros of online gaming license.

Disadvantages:

  • Due to the relatively few requirements, the speed at which you can obtain a license, and the low cost, the Curacao license may be regarded by some operators as having lower standards when compared to other stricter jurisdictions.
  • Sublicenses are audited by Master License holders rather than the Gaming Commission.
  • A number of prominent international markets are closed to Curacao license holders.

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