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What is Curacao Gambling License

Curacao is very popular when it comes to online casinos. There are many igaming companies located on this beautiful island in the Caribbean Sea. That is of course not surprising, because Curacao gambling license is the first license country in the world.

The permits were therefore first issued in 1996, making Curacao the great predecessor. The authority that first issued a license for Curacao eGaming

The gaming authority was founded in Curacao in 1993. In the beginning they were still part of Curacao Gaming Control Board. This is the body that deals with all games of chance sectors that are active on and from Curacao. This has changed since 1996 and Curacao eGaming has become an independent party that is authorized to issue licenses.

Curacao Gambling License in Real World

Curacao has been in a bad light for many years and this was not without reason. There has been a clear lack of regulation and this has often led to problems in the past. In 2014, it was therefore decided to carry out periodic checks. There are now stricter conditions for granting a permit and it is no longer so easy to obtain one.

The agency has chosen to split the permits into two parts. You have the master license and a sub license. The master license gives a company the right to organize games of chance, including online casino games. The sub-license is specifically aimed at offering an online casino. This mainly involves checking whether a company has the financial resources and whether the online casino they offer is reliable. The best choice to gamble only at bandarqq and see for yourself.

The first reason for this is that the application process is fairly simple A second advantage is that a company with a valid license can start up multiple online casinos. So you only have to make an application once, which can save a lot of time and above all a lot of money. And thirdly, Curacao is remarkably cheaper compared to other countries when it comes to a permit application.

Casino Company in Curacao

There are now 4 companies in Curacao that have a main Curacao gambling llicense to issue sub-licenses. They also call this IP licenses. These are just data processing licenses for telecommunications companies. It consists of:

  • Antillephone N.V. which also operates under the name Gamings Licenses (sic). The license number of this company is 8048 / JAZ.
  • Curacao eGaming: this company provides eGaming licenses, where eGaming refers to the name of the company and not to the purpose of the license. Curacao eGaming license number is 1668 / JAZ.
  • Curaao Interactive Licensing N.V. under license number 5536 / JAZ.
  • Gaming Curacao N.V. under license number 365 / JAZ.

These companies are also known as the main licensees. They take care of the sub licenses. Master licensees sell complete packages to interested online casinos. The packages not only consist of an IP license, but you also get web server services, accountancy services, tax advice and trust services.

On December 18, 2018, the Minister of Finance publicly announced that the government wants to entrust the Curacao Gaming Control Board (GCB) with the regulation of the online gambling sector. On February 15, 2019, the GCB was appointed AML/CFT regulator for all gambling sectors that are active in and from Curacao, including the online gambling sector.

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