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Curaçaos regulatory reform in gaming licensing Barnea Jaffa Lande & Co

On September 1, 2023, the Curaçao Gaming Control Board (GCB), opened a new online portal for applying for online gaming licenses. The portal provides comprehensive information about the licensing process, including forms and instructions for applicants. Application submissions began in November 2023, with approved applicants receiving provisional licenses subject to the GCB completing its examinations. The initial fee covers the application processing, documents verification, initial audits and other administrative tasks. The annual fee covers ongoing inspections, responsible gaming regulations compliance and other regulatory duties.

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It is crucial for operators to fully understand and follow the restrictions outlined below. In 2024, new rules regarding the obtaining a license were introduced in the gaming sector. On July 15th, 2024, the national GCB portal (The Curaçao Gaming Control Board) resumed its work. A few months later, the Curaçao parliament approves the new LOK regulatory framework. But in 2023, the sublicense system was abolished and a new licensing format was introduced under the Curaçao Gambling Authority (CGA). These changes were recommended by the Netherlands to create a unified regulatory framework and to boost the jurisdiction’s reputation in the licensing world.

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Last but not least, operators get full freedom to run any gambling activity within the Curacao jurisdiction. This license lets online gambling operations owners offer everything from slots to live games, bingo, and lotteries — all with a single license. This means that operators get to expand and experiment without worrying about extra legal steps. The CGCB may request additional documentation or interviews during the review process. A Compliance Officer must be appointed to oversee regulatory requirements.

• You need to establish a local company in compliance with Curacao’s legislation.
• Explore the world of iGaming through her engaging and informative content.
• However, my reviews are unbiased, and I won’t hesitate to tell you if a brand isn’t up to par, regardless of any affiliation.
• There’s no added fee tied to your deposits or withdrawals, and the licensing costs are entirely on the operator’s side, just like with any other jurisdiction.
• At the moment, Curacao doesn’t have a player reimbursement fund or a fully established dispute resolution system.

At least one local managing director must be appointed, and a physical office must be maintained in Curacao. The information provided on this page was accurate at the time of publication, but may not reflect the current regulatory landscape. Always consult official sources for the most up-to-date information before making any gambling-related decisions. The 6th Annual Cyprus Gaming Show, in keeping with tradition, promises to be the most comprehensive Gaming conference and exhibition in the region. But, thanks to the Curaçao Gaming Authority, which allows operators to make payments monthly. To obtain a license, operators must register themselves as legal entities in Curaçao.

But entering this crowded market requires more than a great platform or new games — it needs the right license. When considering the licensing process, it is essential to account for both initial costs and ongoing fees. Additionally, the software must support transparent game operations, providing clear documentation of rules and procedures. Regular testing of game fairness mechanisms, including RNG certification, is mandatory to maintain license compliance. All critical changes and security incidents must be quickly reported through established channels.

That’s where jurisdictions like Curaçao enable operators to launch their iGaming business without dealing with a complicated licensing process. It means they’ve gone through the process to get licensed, but I’ve seen plenty of licensed casinos do shady stuff. But I’ve also run into a few that vanished or dragged their feet when it came time to pay. Under the old licensing model, there was barely anything in place if things went wrong. No dispute resolution system, no complaints portal, and no authority that actually got involved when a casino decided to ignore a withdrawal request or shut down mid-payout. I think getting a Curacao license was one of the cheapest ways to launch an online casino.

A big update is the new domain fee of EUR 260 per domain each year. Now, there’s no limit on domains, which gives operators more flexibility — but operators with many domains may see higher costs. When all forms are filled out and documents are uploaded online, the review process will take place — and it will last for about two https://www.eboc.hu/ months. If everything is in order, you’ll be granted a one-year operating gaming Curacao license. All documents including the company charter must be submitted to the local Chamber of Commerce for approval.

Before applying for a license, assess what your operation requires. This step involves analyzing your target market, understanding jurisdictional implications, and recognizing the kind of games you plan to offer. This foundational understanding helps tailor your application to meet specific regulatory needs. If you have limited budget or want to run an international casino from anywhere in the world, a Curacao license can be a good option.

The Curacao license is currently valid in over 200 countries, which is a significant benefit for international organizations. Licensees must maintain transparent ownership structures and submit detailed administrative reports on gaming operations. The Curacao Gaming Authority now oversees all compliance activities as part of the new National Ordinance on Games of Chance implementation.

The GCB conducts periodic inspections to verify compliance with these standards, and non-compliance can result in significant penalties, including license revocation. These monitoring requirements guarantee the integrity of gaming operations while maintaining the necessary balance between regulatory oversight and operational freedom. Additional costs include local company incorporation, representative fees, and compliance measures. Operators must establish a Curacao bank account for gaming transactions and implement responsible gaming features. Financial documentation must prove the ability to pay winnings and maintain operational stability. This created a hierarchical structure that limited operational independence.