The gaming industry has been expanding in Curacao since 1966. V. Also, locally licensed operators will no longer be allowed to accept players from other territories , except a few countries that accept licenses from Curaçao. In 2020, the Netherlands government requested that Curaçao reform its gambling regulations as a condition of financial relief in the wake of the Covid-19 pandemic. This page will reveal accurate numbers regarding the price of the application fee and the license itself so that you can calculate your budget in time. The basic license, which entitles you to sublicense, costs $34k, with a monthly fee of $5,6k for the first 2 years. Great for startups. With a Curacao online gambling license, you can accept players from all countries so long as they are not specifically prohibited by your sublicense agreement. The Curaçao Gaming Commission casino licenses protects consumers. When applying for a licence for the first time, there is a fee of between €2,000 and €3,000. The Gambling Commission issues 2 types of permits: Master License. V. The Curacao Gambling License: Curacao, a Caribbean Island nation, has emerged as a hub for online gambling licenses. New licenses come with new costs. Gaming Curacao (GC) #365/JAZ. which allows licensees to offer their services to players in other EU countries. Master license holder is responsible for a gaming company, not commission; • Marketing limitations are common in most EU countries. Notably, Curacao is a picturesque island located in the southern part of the Caribbean Sea. Wait around eight weeks for the Gambling Commission to process the technical and personal documentation. Zero Capital Gains Tax. Gaming Licence. Applying should be. Published Sep 2, 2023. The deposits go from £5,000 to £10,000. Nevertheless, it is essential to acknowledge that specific regions, including the United States, France, Curacao itself, the Dutch West Indies, and the Netherlands, are. Many would now argue that online operators licensed and regulated by this jurisdiction are not worthy of trust, and the only brands to visit are those licensed and regulated by the Malta Gaming Authority and the United Kingdom Gambling Commission. These include Curacao itself, the UK, USA, Aruba, Belize, Singapore, St Maarten, Saba, and. 2% of the total GDP. Curacao also offers a universal license that covers all types of games. The New Curacao Gaming License: Costs, Requirements, Countries, Applications, Policies and everything you need. Curacao’s offshore gaming license structure has been codified since the advent of the internet in the early 1990’s. For example, if you are planning to open an online casino, it is necessary to prepare documents which clearly describe the gambling software’s behavior, your operating model, and other details. The Curacao Gaming Control Authority handles. It has over 20 land-based casinos, 900 sports betting shops as well as lottery, bingo and social. Tolerance for casino upgrades and addition of new providers. The laws governing casino games in Estonia are relatively liberal compared to other European countries. It licenses over 400 Curaçao online casinos, which are available in the US, Canada, and many other countries. The Benefits of Obtaining a Curacao Gaming License. The Isle of Man authorities have defined a gaming tax that applies to all gaming companies of 0. Obtaining a gambling license in different countries of the world. Overall, players usually trust sites that possess a Curacao license. Curacao gambling license is one of the most popular casino licenses in the world, and there is a number of good reasons for it to be so. 🆕 New crypto casino + bookmaker 🎁 1st Deposit Bonus 100% up to 1BTC + 100 free spins + VIP bonus 10. The initial cost varies depending on the chosen Master License holder and can range from. €9,000. 5. As of September 1, 2023, Curacao has brilliantly reimagined its gaming playbook, introducing an exhilarating new chapter in licensing lore! We can help you obtain your Curacao Gambling License Szilaghi Consulting delights in guiding you to secure the Curacao gaming license. com. is licensed and authorized by the Government of Curacao and operates under the Master License of Gaming Services Provider, N. Before creating a casino, participants of gambling business should take this fact into account and obtain a casino license. Posted on: July 11, 2022, 06:10h. With just one permit, you will be able to offer video slots, sports. These include the UK, USA, EU countries, and online players from Curacao. A company in Curacao is also attractive from a tax perspective, as there is no VAT and the income tax rate is only 2%. One example is Gamstop, a UK body responsible for helping gamblers with an addiction. Malta has a long history in gaming legislation. This license allows betting companies to operate and the holder to issue a sublicense, which is the second type. While some countries are banned from being targeted with a Curacao gaming license, many countries are open for business. Just 2-3 weeks for the complete licensing process. Profit from your gaming site with little taxes. Malta. Yearly fees are exorbitant, capping out at nearly €800,000 for crypto gambling sites with the highest turnovers. • Almost all the Curacao licenses are sublicenses, i. The Isle of Man is a dependent territory of Great Britain, an island in the English Channel. Curacao gambling license: General information. A company in Curacao is also attractive from a tax perspective, as there is no VAT and the income tax rate is only 2%. Curacao issues the largest number of gambling licenses. The issuance of the license typically takes around 2-3 weeks. And moreso, if for instance UK is not on the list, what happense if i service to them anyways. All other countries aren’t allowed, but not restricted. Below, we will look at which African countries allow gambling, what types of licenses are available, and how promising the industry in this part of the world is. The Curacao licence holders cannot offer their services to residents of Curacao. As to licensees, it is necessary for them to pay an initial fee of $500,000 to obtain a licence, which is valid for 2 years. The majority of the. Curacao eGaming Gambling License – Globally Accepted. In order to obtain a Curacao Gambling License, the decision to approve the application is at the discretion of the Minister of Justice, based on the documentation submitted by our experts. In comparison to other jurisdictions, the Curacao license is the least expensive one, the applicant has to meet minimum requirements, the online casino will pay zero in profit tax, and casino operations are not going to be monitored by the authorities at all. Curacao gaming license cost depends on a variety of factors. - November 21, 2023) - me88 is crowned as the safest online casino Singapore for being bestowed a master license of. The process for applying for an online gaming license in Curacao is divided into the following five steps: Stage 1: Completion of a Pre-approval process. Curacao eGaming License. The Curacao iGaming license offers a range of advantages that make it a sought-after credential for gaming operators: Global Market Access: One of the standout benefits of the Curacao license is its ability to open doors to a broad international market. One license covers all forms of gambling (poker, betting casino). It is widely accepted that Curacao-licensed casinos will accept players from almost anywhere in the world. Our team helps you in acquiring your Curacao gaming license through a stepwise process:- Client’s market of operation is understood and analyzed;Curaçao was one of the first countries to issue online gambling licenses issuing its first one in 1996. Reliable full turnkey solution. The process of acquiring a Curacao gaming license is quick and doesn’t require long, tedious operations. Download the list of authorized countries and all required document. Curaçao Government Approves Sweeping Licensing Reforms in Online Gambling Hub. +357 25 81 99 66. France. Oraz Kereibayev Content manager Highlights Curaçao gaming. Curacao’s crypto license is issued by the Curacao Gaming Control Board (GCB), the country’s regulatory body for gaming-related activities. This license allows the casino to accept British players as well, even though they have an account on GamStop. Maarten. Directorate General for the Regulation of Gambling: Singular License for Slots United Kingdom: United Kingdom Gambling Commission: Remote Operating License: South Africa: Western Cape Gambling and Racing Board: National Manufacturer License: Curacao: Antillephone NV Curacao: Gaming License: Bahamas: The Gaming Board. Send Request Comprehensive services. Having a Curacao online gambling license allows you to accept players from any country except those specifically prohibited by your sublicense agreement. The Curaçao Gambling Licence is known for its affordability compared to licences from other jurisdictions. Spain is one of the most affected countries, with over 170 thousand registered cases and almost 19 thousand deaths. Cost of License Renewal: From £5,000 to £50,000, depending on the type of license purchased. Jurisdictions that have no laws that would regulate online gambling (such as India and most countries in Southern Africa); While costs can vary, the initial costs of obtaining a Curacao eGaming license is between €20,000 – €25,000+. In Costa Rica, there are two main types of licenses available for gambling companies: Data Processing License: This license is issued by the local municipality and allows the holder to provide services for organizing and conducting gambling games both online and in physical gaming establishments within Costa Rica. Curaçao was one of the first jurisdictions to recognize the potential of remote gaming and established its licensing regime in 1996 to cater to the gaming industry. There are many factors that can determine the total cost of obtaining a gambling license. The cost of a Curaçao license. Opening business bank accounts. A Curacao gaming license costs around $21,000 to $26,000. This is an indicator that the time is right for starting or investing in the online gaming business. Curacao has increased application fees, annual fees, and compliance costs. Therefore, there are age requirements which permit playing to persons aged 21 years and more, also personal data is well-protected. The following is a table featuring the price tags for an established Curacao online casino with a license for bingo: Gaming License + NV Incorporation Fee: EUR 17,900. These vary widely between case law and. to offer online. request a quote In 2023, with a Curacao Gaming License, you can operate in various locations. In 1993, the National Ordinance on Offshore Games of. Curacao licenses. The license of Curacao is recognized by many countries all over the world, so you will have a large potential customer base after getting it. This allows players from those countries to play at those casinos, sportsbooks, bingo rooms and so on. The Ajouan gaming license cost is approximately 17,500 EUR, encompassing a range of fees and expenses. Igor is the Head of Banking and Licensing Department at GamingLicensing who has over 15 years of experience in the industry. 1. (Curacao Egaming) #1668/JAZ; Gaming Curacao (GC) #365/JAZ - Email: [email protected] offers New Licensing in Curacao Through the Curaçao Gaming Control Board (GCB) Our dedicated team has been a pioneer in delivering end-to-end solutions in Curacao since 2009. De facto, Curacao iGaming License allows an online casino brand to provide services to the majority of the world territories. Advantages of the Curacao iGaming License. License validity period: 10 years. . We are able to issue new Curacao sub-licenses which will be valid until the beginning/ mid-2024. Two domains and one validator. The price includes two domains and one validator. 25 Voukourestiou Street, Neptune House, 1st Floor, Suite 11 Limassol, Cyprus, CY – 3045. In general, the costs to obtain a license for Curaçao are fair and the process is even easier for people or companies from other countries. This is why many people choose to get a Curacao gambling license for their first license. According to some estimates, fees and taxation for interactive gaming activities are reasonable enough; however, they are definitely higher than in other countries. They issue licenses for video slots, roulette, blackjack and other games. For example, online gambling is illegal in India. Phone: +372 55560677. Gambling in Ireland: an overview in 2023. 2023 . A master license is the first type. Countries Under Curacao Gambling License. Find out the best Curacao casino options in the following guide, which covers the. Compliance with these rules is mandatory and will be checked by the owner of the major permit that licenses you. Currently it is being held by around 450 online casino operators. It is operated in Mexico by the gaming and raffle permit holder “Producciones Móviles S. Land-based casinos and gaming halls — $9830; application and grant fee is only $65. The countries of Northern Europe are regarded as bastions of equality and freedoms of all kinds. This makes it easy to see when a new Curacao casino is released. Exciting developments are underway in Curacao's gambling industry, as the country gears up to issue new licenses directly to gambling operators from September 1. Fees & Taxes. Furthermore, although the license may be accepted in other countries, the operator. A gambling licence is a prerequisite for an online casino business as it provides a legal basis for online casino operation. It is an ideal solution for those who want to remotely manage the activities of their bookmaker and casino. The gaming industry has been expanding in Curacao since 1966. GBO specializes in helping online gambling and crypto services companies to open bank accounts in Europe – both B2B and C2B. In this article, we will take a look at each license and. The Curacao Gaming License is recognised by many countries. GBO: Your One-Stop Solution for Comprehensive Curacao Gaming License Services, Including Company Formation, License Application, Policies, Banking, Payment Solutions, and More +972-504938469. Unlike other post-Soviet countries, Latvia never imposed strict restrictions on casinos and sportsbooks. Curacao (formerly Netherlands Antilles) was among the pioneer nations to offer online casino licenses in 1996. 4 Different Master License Holders. The most popular ones are:. However, not all countries are using the same methods to cope with this new situation. 2023. Request more info about Curacao Gaming License. GBO’s package, last update 20. The due amount. Igor Rumyantsev . A casino holding this license can accept players from all countries as long as they are not prohibited by the sublicense agreement. This allows players from those countries to play at those casinos, sportsbooks, bingo rooms and so. Holding a sub-license from Antillephone N. Curacao Gaming License from €17 900. Published Jul 27, 2023. Curacao Gaming License Information. Benefit from affordable costs, minimal document requirements, and tax advantages. You can also find out more about Curacao gaming license countries restrictions on GBO. 2. The Curacao Gaming License is recognised by many countries. It is also necessary for opening a merchant account for your venture. Case 1 – Overcoming banking restrictions in Malta that were blocking e-gaming companies. Licensed operators are well. Since the current gambling law comes from 1941, it only covers land-based gambling and doesn’t have even the slightest mention of online gambling. Just pay the annual fee and focus on your business. In addition, it is possible to incorporate a cryptocurrency exchange in Lithuania that is owned as a subsidiary of an Estonian company. Contact us. It works completely differently from other gambling authorities. Plenty of great online gambling sites hold a license from the Curacao Gaming Control Board. The Curaçao Gaming Control Board (GCB) will commence. The Curaçao Gaming Control Board has now initiated the application process for new online gambling licenses. Lithuania offers the third most attractive taxation regime amongst all OECD countries. It is worth mentioning that, even with a Curaçao gambling license, your betting site will not be able to operate in Curaçao; Belize; United Kingdom, USA and several EU countries, such as Germany. Of course, winning depends on luck, but the online gambling sphere works in the legal field in numerous countries, and gambling licenses in various jurisdictions make the business legal, and more important — profitable. Cyberluck Curacao N. To get the license you require a Curacao company and local management. 21,900 EUR per year + 6% sales tax. A Curacao gambling permit empowers operators to extend their gambling services to countries where online gambling exists within a framework of legality and minimal regulation. In other words, operators aren’t allowed to run online casinos from within the. The fee for each Key Person License is set at $5,000 and both of these fees are refundable if the Gaming Commission rejects the license application. Clear criminal record. You can also contact them via email or phone number. Here is a more detailed guide on how to get an online gambling license in Curacao. There are several laws regulating the gambling industry: “State Ordinance Casino Industry Curaçao” (AB 1999, No. GBO has the skills and experience needed from twelve years working with banks all over Europe to help you open business banking accounts thanks to our wide network of friendly banks. As of September 1st, a significant shift is taking place in Curaçao’s gambling landscape. We can negotiate low-cost Curaçao gaming license fees. The main reason for gambling legalization in most countries of Latin America is to bring additional revenue to the national budget. 14/07/2023: Latest update on Curaçao license in new article via link. Minimum Gaming Hosting Services and Server Space. Furthermore, it supports holistic growth and allows the company. It takes one week for the permit to be issued after application. Types of licenses. Although at the level of. Corporate income tax. Curacao is an island state in the Caribbean Sea which is a part of the Netherlands Antilles. Easy to do considering most companies will charge €200 EUR per hour in fees and this adds up fast. Curacao is an island located in the southern Caribbean Sea and is a constituent country of the Kingdom of the. Enables registration of at least 2 domains. V. Below you will get the complete overview of every single Curacao licenced casino we have reviewed. E-mail: info@gcb. The absence of division of the license into classes and low tax rates ensure the smooth. “State Ordinance Regarding Labor in Hotels, Restaurants, and. Affiliate disclosure. Control over complying with licensing requirements. 000000000 In the dynamic world of online gaming, businesses seeking to operate legally and establish a reputable presence must obtain the appropriate gaming license. The price includes two domains and one validator. We would like to show you a description here but the site won’t allow us. Each country sets its own cost for issuing an online gambling license, and may also charge for renewal. Gambling is legal in many parts of the Caribbean. Curacao, as part of the Netherlands, has the status. Application The gambling license of Curaçao is one of the easiest to get. Those expenses cover all types of iGaming and allow partnerships with sub-license owners. Online gambling operators who secure a Curacao gambling license enjoy a unique tax advantage. Using our expert service, the procedure for obtaining a Curacao gaming sub-license is fast and efficient and can be completed in under 2 weeks. The Curacao gaming license is usually operators’ first choice due to its affordability and reasonable requirements. 1. Certified proof of address for the last 3 months. The cost of a Malta gaming license varies by category. Curacao’s gaming license is a popular option for many operators. This allows enjoying the benefits of the European Union while having super-low corporate income tax. Michael Chambers & Co LLC is a lawyer's limited company regulated by the Cyprus Bar Association Reg, No. Online gambling. Expertise in Curacao company formation and business. Fill in the application form. The Kahnawake gaming license offers operators a flexible, cost-efficient, and straight forward setup process with a whole host of benefits. There is a blanket prohibition on players from Curacao, Belize, the UK, the US, and a number of EU countries (including Germany, the Netherlands, and the UK). Without a license for online games, there is no confidence and security for the player. Businesses enjoy 0% gaming tax in their GGR and 0%. 5 percent (the tax rate drops the more that the online gambling business earns) Deposit: None. NetEnt: NetEnt is a well-known casino software provider that is. Curacao License Countries. This is due to the fact that over 10% of able-bodied people in the country are associated with the gambling industry in one way or another. Curaçao. This fee is paid in monthly installments of ANG 8,000 per month (around EUR 4,100). Companies enjoy the country’s low taxes and highly developed infrastructure. There are numerous professional databases that provide. Compliance with these rules is mandatory and will be checked by the owner of the major permit that licenses you. Some of the forbidden countries include Curacao itself, Germany, and the Netherlands. Singapore, Singapore--(Newsfile Corp. Requirements of getting a permit for gaming companies. 3) Most casinos are almost forced to start on curacao license since every other license has too long processing time or too high cost, especially for startup companies. , a company registered and established under the laws of curacao. You may accept players from any nation that has been granted a Curacao online gambling license, provided that doing so does not violate your sublicense agreement. Widespread smartphone adoption along with improved internet accessibility is. The absence of division of the license into classes and low tax rates ensure the smooth launch of a large-scale project. Payment for the new partnership with a sub-licensee is £5,000 (€5,600). Depending on many factors you can get it for EUR 20,000 – EUR 32,000 flat fee. Crypto online casino license; Curacao gaming license countries; Curacao gambling laws & regulation; Curacao Gaming Control Board; Curacao Gaming Company + EU Payment Agent; Anjouan. Curacao has been regulating the online gambling industry even longer than Malta with its license dating back to 1996. Apply for hassle-free and reliable Curacao gaming license. If you wish to learn more about the cost of the Curacao license, feel free to look up Curacao gaming license countries — restrictions & costs. Not Required. As a startup taking the first step towards online gambling, a Curacao license is the most sensible choice. There are also various monthly hosting and maintenance fees. During the ICE conference in London, from February 7-9, our team held talks with Gaming Curacao, one of the 4 holders of the Master License, as well as with the Ministry of Finance of Curacao about future regulatory changes regarding the most popular gambling. GBO has 12 years in the gaming consultancy business. Many renowned gambling sites hold a Curacao license. Getting a new Gaming License in Curaçao. Invest in the future of online gambling with a Curacao license and position yourself at the forefront of this thriving industry. The overhaul of Trinidad and Tobago’s gaming sector continued this week with the formation of their Gambling Control Commission. This measure "aims to benefit foreign regulators seeking better control over Curaçao-based offshore operators that have been offering illegal gambling services worldwide," the regulator stated. Casinos must. The annual licence fee also varies between €6,000 and €12,000. This step also includes an in-depth analysis of your business plan, such as distribution strategies, an HR plan, growth targets, and much more. 2. One example is Gamstop, a UK body responsible for helping gamblers with an addiction. Cost of Curacao Gaming License. Licensing in different countries. Curacao is a great jurisdiction to quickly obtain an online gambling license at a low cost. In some cases, the online gaming license cost is relatively cheap, but there are associated costs. Latest Casinos with a Curacao Licence 2023. Play Now Casino Review. The situation isn’t different when you look at gambling and how it is regulated in those countries. A well-respected jurisdiction and a preferred location for startups, operators can enjoy competitive setup and maintenance costs, enticing fiscal benefits, and an agile licensing process. More than 450 international. The cost of a license depends on the type of gambling activity: Public lotteries — $26200, with additional $6550 application and grant fee and $6550 renewal fee. In this article, we examine the Curacao gaming license, its history, the benefits it offers, and the. since March 2020, the Gaming Control Board Curacao (GCB) has been tasked with the licensing for and the supervision of the online gaming sector on behalfof the Minister of Finance of Curacao. Financially attractive with a corporate tax rate of 0%. However, Bet365 is accessible in the country. It oversees the gaming software of these casinos to ensure their safety and randomness while also checking their. 2. Maarten, Singapore, USA. It is considered one of the most reliable countries for licensing and has a single application form for bookmakers, slot machines, bingo, lotteries, and casinos. 5 lakh, the country accepts the Dutch currency Guilder. Very few countries are excluded, notably Curacao itself, other Caribbean islands like Aruba, the UK, and the USA. All the more, the Curacao gambling license does not apply to Curacao itself, the USA, the UK, Singapore, some European and Asian countries, Aruba, Belize, Saba, Statia, St. Obtaining a Curacao gaming license is a hassle-free process with Tetra Consultants’ assistance. It is a perfect choice for sports betting and gaming operators, since the application procedure is quick and inexpensive. Master licenses can only be issued by the. For example, see our detailed information on the Curacao Gaming License costs. Kats Casino. In the previous tender, 120 licenses were set up, each of which had a four-year expiration date and came at the cost of €200,000 per license. Countries that want or need more control over the gambling market often decide to regulate it, allowing operators to apply. This process takes somewhere between six and 12 weeks. Generally, Curacao eGaming license accepts punters from all over the world, with a few exceptions. Curacao, on the other hand, has cheaper options and only needs one license to cover all types of gaming, which is why startups like it so much. May 5, 2023. curacao gambling license restricted countries – There are very few specific restrictions on the validity of the Curacao gaming license in individual countries. There are only two types of licenses: the master license and the sublicense. The Curacao eGaming Authority oversees the issuance and. A Curacao licensee cannot accept players from just a few countries, specifically the USA, France, Australia, the Netherlands, and Curacao itself. One of the oldest organizations of its type, the authority issues a single. is licensed and regulated by antillephone n. After the reform, B2B licenses are needed for game developers and other software providers. Online casinos that operate without a license operate illegally and are at risk of being shut. Phone: + (599 9) 737-2299. Casino operators can obtain online gambling licenses in two ways. The Curacao Gaming Control Authority handles issuing e-gaming licenses. Croatia Gaming Licence. Fast and Easy Application Process. We can help you obtain your online gaming license, WhatsApp us: +972504938469, email us: [email protected] Deeds & Property. The license approval process varies from jurisdiction to jurisdiction. Type 1 licenses will cost €2,330, Type 2 licenses will cost €1,165, and Type 3 licenses will cost €4,660 as of September 2021. All forms of gambling regulated under the 2014 law; Licenses issued by the Ministry of Finance; Land-based partner necessary for an online casino to get the license. He is responsible for game and payment system integration, iGaming product licensing, and B2B certification. 0. 7. The Curacao e-Gaming Licensing Authority (CeGLA) is a division of the Curacao Gaming Control Board (GCB) that is responsible for issuing licenses to online gaming companies. The fees for a master gambling license in Curacao are still very low: 60,000 ANG (or about $34,000) setup fee and then 10,000 ANG (about $5,600) per month for the. The license is valid for five years and is renewable. Curacao, a Caribbean island, has been a prime destination for online gambling businesses since 1996. Curacao gaming license with licensing experts. The website has passed all compliance and are legally authorized to conduct gaming operations for all. It should be mentioned that the set of requirements will be slightly different in each case. Oct 19, 2023 3 min read Curaçao Gambling System—Complete Guide 2023 Learn about Curaçao’s gaming license, its benefits, and how to obtain it. Gaming tax is only 5 percent of revenues; there is also a compliance contribution (between 0. Types of gaming licenses in Curacao. Local Managing Director. Prohibited countries: Kenya, Brazil, Nigeria, Vietnam, Pakistan, Singapore, France, Bosnia and Herzegovina,. To be clear, it is not possible to operate with a Curaçao gaming license in the first two categories of countries (1 and 2) and countries which fall under the 5 th category. allows online casinos to offer their services to countries where online gambling is legal and unregulated.