Obtaining Curaçao gambling license
Many entrepreneurs interested in the gambling business wonder if they need a license to provide such services on the Internet. Gambling, casinos, slots, poker, bingo, lottery, betting are licensed activities. They are strictly prohibited in some countries.
Gambling license in Curacao is characterized, first of all, by reliability, financial attractiveness, as well as by the possibility to obtain a license remotely. Today, persons who want to carry out activities related to the organization and conduct of games on the Internet, can do so on the basis of a sub-license. The issuance of full licenses has been temporarily suspended by the Regulator of Curacao.
This license gives its holder the right to organize and conduct any type of games on the Internet (slots, betting, poker and others). The difference between the full license from sublicense only in the fact that the holder of sublicense has no right to grant a license to third parties. Gambling license Curacao is suitable for all types of gaming activities and is the most optimal in terms of requirements for the applicant, the cost, timing, functionality and further maintenance. Gaming software developers can also obtain a Curacao license and offer their software under this license.
The best license for all types of gambling activities – Curacao. Legarithm recommends getting a Curaçao license not only for start-ups, but also for projects that have been on the market for several years.
Curaçao is an island in the Caribbean Sea belonging to the Netherlands. It is one of the oldest gambling jurisdictions, the gambling legislation was adopted here in 1996. There are two types of licenses in Curacao. Master license (Master license) and Sublicense (Sublicense). Holders of a Curaçao master license have the right to issue sub-licenses for gambling activities.
9/10 all known in the world online casinos operate under the license of Curacao
1 month The term of obtaining a license
Loyal regulator on issuing a license
There will be no problems with the Curacao license with connection of payment systems
Global game providers: Evolution Gaming, NetEnt and Microgaming willingly work with licensees of Curacao
In case you have developed your games yourself, you need to carry out the certification of games, the so-called RNG certification, or random number generator certification, to obtain a Curacao license, so that the regulator is sure that the games provided on your website are fair.
Curacao license allows you to operate in all countries where it is not directly prohibited by law, except the U.S., France, the Netherlands, United Kingdom, Australia and Curacao itself.
The obvious advantage of a Curaçao license over other licenses is that the Curaçao sub-license is suitable for all gaming activities, which include sports betting, slots, lottery, casino, bingo, online poker and many other online gambling activities.
In other jurisdictions, for example Malta, there is a requirement to obtain a separate gaming license for each type of gambling activity. Another advantage of this license is the ease of obtaining it, the regulator asks for a minimum amount of information (proof of ownership of the site, game certification, documents on the company and a set of legal documents on the site), and the license itself is much cheaper than other jurisdictions. We can safely say that the Curacao license is the most budget-friendly option today.
What do I need to get a Curacao gambling license?
- Corporate documents of the company in Curacao
- Agreements with game providers (game suppliers) or RNG certificates for game software
- Confirmation of ownership of the web-site (can be in the form of a certificate or a screenshot from the account of the domain name provider)
- Documents of directors and shareholders (CVs, passports and utility bills)
- Certificates of no criminal record of directors and shareholders
- Policies that will be posted on the website (Terms & Conditions, Refund & Return Policy, Responsible Gaming Policy)
Our team has repeatedly obtained a gaming license of Curacao for our clients and we know how to prepare all the documents correctly, so that no additional questions from the Regulator would arise in the future. We also help to prepare all documents, in case the client has difficulties with the collection of documents above.
Curacao gaming license is issued for two domain names, and if you want you can add additional domains in the future for an additional fee.
Timeframe for obtaining the license itself – 2 weeks from the date of filing all the necessary documents to the regulator.
In addition to the documents, you will need to register a company in Curacao itself and a company in Europe. We would like to note that Curacao license for working with clients is issued only for the company in Curacao. We will need a European company in order to open a corporate account with it for accepting payments from clients. Many European payment institutions are not allowed to open accounts for offshore companies, due to the tightening of anti-money laundering and anti-terrorist financing legislation.
The advantages of obtaining a license are obvious; banks and payment institutions are much more willing to work with licensed companies. Having a license you will significantly increase a set of payment solutions and a choice of games for your site. A real license will also significantly increase players’ confidence in your site, as your company will be supervised by a real regulator. Players will be more inclined to gamble large amounts on your site.
Our turnkey offer consists of:
FAQ
A Curaçao gambling licence is a gambling permit issued by the government of Curaçao. Licences are granted for online casinos, poker, sports betting and other gambling activities.
Benefits include access to an international audience of players, simplified licensing requirements and procedures, legal protection and relatively low tax rates.
To obtain a Curaçao gambling licence, a company must provide details of its operations, financial stability, marketing plan and security systems.
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