Online Casino License Curacao

The best casinos with Curacao license available here! There are a multitude of Casinos that we list here, with bonuses, freespins amongst other. We aim to offer you the best ones with the Curacao license. Curacao was one of the cheapest legitimate online casino licenses to acquire at around $35,000. Now, licenses will cost online casinos $134,000. That’s a significant increase which will probably drive away smaller casinos and those that are less than legitimate.

You need to apply for a license if you are looking for legitimate online gambling in the region. This ensures you get a license...

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The Curacao Gaming Commission was established in 1996 and it is associated with the Government Of Netherlands Antilles. This Commission was incorporated in 2001 and controls about 30 operators.

This Commission provides an extensive online Gambling license that includes and covers all skill games, sports betting and chance. It is well known for its comprehensive services and repute in the region. This Commission is one of the most sought after bodies for the application of online gambling licenses in the nation. There are applicants who apply here for the sake of getting a license to operate in the region.

As mentioned in the first paragraph this body has a number of services that can be applied for. The above makes Curacao is favorable option for online gambling. It provides licenses to the applicants and most of its poker card rooms have been diversified into bingo, lottery, casino and other related games. There are many options available. This means one can find everything under a single roof.

Curacao is a one-stop shop that is currently widely sought after by the online gambling authority. This is why you will find that there are several applications pouring in to this single authority of online gambling in the area.

Curacao has currently developed into a provider with many inclusive packages that are extensive and attractive.. Most of them are very attractive and this is why they are widely sought after. Applicants can get licenses for gaming online when they apply to this body.

With this body you need to apply for a license if you are looking for legitimate online gambling in the region. This ensures you get a license for e-gambling. The applicant also gets a co-location space intended for the hardware, redundant power and data connections along with other services.

Curacao imposes a tax of 2% on the net gains from the interactive gaming of 0% tax on Gross Bets. There are also dividend withdrawals that are not restricted and they have no import duties. The sales or the turnover tax also does not have VAT. This is good news for those applicants who fear spending large sums of money on tax.

Online Casino License Curacao

There are certain things that the applicant needs to take account of before he makes an application to the body. In order to get an online gambling license this Company needs to be registered under the Netherlands Antilles Chamber of Commerce. This is the first requirement. It needs to be a legal entity both on and offshore before it submits its application for the license.

There is an investigation that has been conducted by the Curacao Department of Justice where a deposit of about $35,000 (ANG 60,000) is taken with a per month fee of ANG 10,000 that has been charged for two years. Here the records are checked and there are no charges of anything illegal. These fees need to be negotiated after two years at periodic intervals. The applicant must remember to pay them after the expiry of two years.

Complete list of casinos in this category:

SurfCasino
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Online Gambling License Curacao

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In order to legally provide gaming services associated with sports betting, lotto, poker and bingo, an online casino owner must obtain a license. Its absence challenges the successful work of an online platform, due to the fact that the operator is unable to open a bank account or even put any games on their site. That is because one has to make a contract with gambling software provider for that, which cannot be done without a license. Besides, a gambling license often comes with reduced tax rate and other benefits.

However, obtaining a license does not mean that any country will now welcome a new operator because the legal systems of some countries (almost all of the US states, Poland, France and others) forbid online casino games, in whole or in part. Moreover, local legal regulations may be inconsistent, and a country which had no issues with online casinos before may enact a law that blocks the activity of gambling sites on its soil. For example, until February 2017, Australia was being a favored place for online casinos of all stripes since the Australians were considered to gamble the most, spending about $8 billion a year according to a research made by Australasian Gaming Expo in 2018. This huge amount of money was going to foreign casinos bypassing the local budget. The new legal system, in particular Interactive Gambling Amendment Act 2017, prohibited the work of foreign casinos without a special Australian license, resulting in lots of gambling businesses leaving the country.

A gambling license enhances players’ trust and address concerns about slots “rigged” RTP (Return To Player) percent and non-payment of big winnings. The reason is that a licensed casino regularly has its random numbers generator audited, and a compliance certificate is given based on the results of the examination. Generally, gambling websites have licensing info in a footer, and experienced players at their first visit always scroll down to see the jurisdiction where the site was licensed.

Hilton Curacao Casino

Online casino owners face a difficult choice of a reliable jurisdiction, which provides licenses that are valid in many countries. As of today, the choice is not rich, and gambling business owners undergo licensing in one of the following countries and territories:

Curacao

The advantages of this small Caribbean island are zero percent tax on casino profits, fast licensing process (usually about 1.5-2 months) and low ongoing expenses. A casino owner has to place computing power (servers) in the Curacao territory. Online gambling industry forms a great part of the island’s budget, which is why Curacao has such an appealing tax system.

Kahnawake

Curacao Casino Resort

Canada is famous for its very tolerant attitude towards gambling in terms of legislation. In 1996, Kahnawake Gaming Commission was created, which, among other things, provides licenses for online casinos. The first annual license fee is $40,000, software inspection costs $15,000 and annual license renewal fee is $10,000.

Malta

Malta Gaming Authority provides two types of licenses (B2B and B2C) for a period of five years. Those operators who obtained a prestigious Maltese license are on the UK Gambling Commission’s ‘white list’, which allows them to offer their services to British players. The operators have to adhere to a number of requirements, such as filing financial statements, ensuring players’ personal data safety and creating a Responsible Gaming Policy.

The licensing procedure is conducted in several stages: the Authority considers an application—this takes 3-4 weeks—and then the casino obtains a temporary license for a period of six months. After that, based on the results of a thorough analysis, a five-year gambling license is given. In accordance with the new taxation rules, which came into effect on January 1, 2018, online casinos with “B2C – Type 1 Gaming Services” license (slots, board games, live games) pay annual taxes of 1.25% if their profit does not exceed €3.000.000, 1% for a profit of up to €4.500.000, 0.85% for a profit of up to €5.000.000, 0.70% for a profit of up to €7.500.000 and 0.55% for a profit of up to €10.000.000.

Gibraltar

Online Casino License Curacao Application

In order to get a Gibraltar license, online casino owners have to prove their financial solvency, provide a business plan and be ready to perform transactions (winnings payouts, players’ credit card data processing) exclusively through Gibraltar’s banks. License holders pay 1% of their annual profit, but no less than £85.000.

Map Of Curacao Casinos

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Apart from the jurisdictions above, online casino owners can also obtain a license from the UK, Alderney, Macao, Belgium, Denmark, Isle of Man and some other countries. Getting a license will help a gambling operator to work in compliance with laws and regulations, attracting players by complete transparency, financial transactions safety and fairness of the gambling process. Licensing leads to players’ loyalty. A client of a licensed casino is always sure that every reels’ spin, every blackjack deal is always determined by random number generator system where there is no space for any fraud and software manipulation.