Curacao Licensed Casinos
Curacao is a small island in the Caribbean that licenses online casinos, making it a popular choice among gamblers. The island’s regulatory body has been operating since 1993, making it one of the oldest in the industry. Curacao casinos are popular among players living in nearby islands and are typically less expensive than other jurisdictions.
List with the most popular Cyprus Licensed casinos
CryptoLeo
BitStarz
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Bao
Casino Days
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Loki
LeoVegas
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How to Get a Gaming License at Curacao?
The Curacao government gives licenses to casinos. Only the justice minister can issue these licenses. The licensing authority is called CIGA, which stands for Curacao International Gaming Association. There are four third-party organizations involved in this process:
- Cyberluck Curacao N.V
- Gaming Curacao
- Curacao Interactive Licensing N.V. is a company that develops and distributes interactive gaming software.
- Antillephone N.V
The lists above can be used by other online gaming operators to apply for a sublicense. The major difference between a master licensee and a sub-licensee is that the latter cannot provide licenses to any other casino websites. Curacao tends to follow up what they call the “one-for-all” technique, which indicates that there is one kind of license to apply for. This scheme is quite simple when compared to Malta’s MGA license having 4 varying classes to pick from.
Requirements for Curacao Gaming License
To become eligible for a Curacao casino license, applicants must meet certain criteria. Here are some of the most important requirements:
- If you want to open a gaming company in Curacao, it is important to know that local companies can only apply for sublicense from the Curacao gaming authority.
- Crypto casinos only accept payments in local currency.
- Applicants must show proof of their investment in hardware for the island, but the minimal requirement is hosting a client database on the server.
- Casino owners must disclose their criminal records.
- Casino operators must disclose their efforts to promote KYC compliance, as well as their efforts to prevent underage gambling.
- The Curacao gaming casinos must show that they have enough capital to finance their business plan. They must also show past account details.
The regulations for Curacao licensed casinos are very strict, so you can feel secure when playing at these venues.