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.
Counting 217 Casinos That Have Curacao Licens
The island nation of Curaçao became one of the first to offer online gaming licences (1993). Nowadays, the country makes more money from its gambling industry than tourism and trade. The Curacao jurisdiction generally does not intervene between operators and players, giving it a poor reputation for players´ service. In the case of possible disputes with online casino operators.
The Curaçao Gaming Control Board is the regulator and the licensing authority and supervisor for online gaming. The Board works together with The Central Bank of Curaçao and Sint Maarten (CBCS) and the Financial Intelligence Unit (FIU) Curaçao as their sparring partners.
Since 2017 the GCB is charged with the authority to grant, amend, revoke and suspend the licenses.
Since March 2020 the GCB is charged with the licensing for and the supervison of the Curaçao online gaming sector on behalf of the Minister of Finance. The government of Curaçao is in the process of modernizing its gambling legislation to bring it in line with international standards.
Many gambling operators have chosen to make Curacao their home due to its favorable tax laws and relatively quick and inexpensive licensing procedure.
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 is needed.
The greatest disadvantage of a license from Curacao is that it doesn´t have much meaning. The licensing standards in places like Curacao don´t mean much compared to licenses from other, more discerning jurisdictions. As a result, Casinos licensed by Curacao have suddenly gone rogue, stolen money, and disappeared.
The Curacao license comes with a small limitation regarding target markets. Depending on the master license holder, Curacao licensees are forbidden to accept players from a list of countries including USA, France, the Netherlands, and Curacao itself. In other words: if a licensee allows players from any of those four territories to gamble on their site, they run the risk of having their license revoked.
Of course, there are plenty of safe and respectable gambling sites licensed in Curacao.
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.