Curacao Gaming License Cost, Benefits & Process 2024 GBO International

These changes, while ushering in a period of transition, have laid down clear principles and directions for the future of the jurisdiction. The licensing process typically takes afew weeks to a few months, depending on the completeness of the application and the due diligence process. Operators who submit all required documents promptly may receive approval faster. Additionally, operators should invest in cybersecurity enhancements, safeguarding player data from potential breaches. As the iGaming industry becomes more competitive, maintaining game integrity certifications and ensuring seamless cooperation with software providers will be critical in sustaining a reputable gaming platform.

Why the Curaçao Gaming License Is an Ideal Choice for Startups?

• For entities considering a Curacao license, either for the first time or renewal, it is vital to closely follow updates from the Curacao Gaming Authority (CGA) and stay informed about the evolving legal landscape.
• Since 2010 Curacao has had an independent constitutional government but is nominally still part of the Kingdom of the Netherlands.
• However, with the introduction of the new law (CGA), prices have increased significantly.
• Technical documentation, including Random Number Generator (RNG) certification, is also required.
• Contact us to discuss your interest in the Curaçao license further including a quotation therefore.

Curacao is reorganizing its gambling industry and is ready to issue new licenses to operators in November 2024. Our analysis suggests that this projected change, referred to as “essential” by Finance Minister Javier Silvania, is similar to the Malta gaming licensing system. The National Ordinance on Games of Chance (LOK) modernizes Curaçao’s gaming industry regulation. This guide outlines the application process for Curaçao iGaming licenses under the new legislation. These incentives make Curaçao one of the most cost-efficient jurisdictions for online gaming businesses, particularly for startups and growing enterprises.

The cost of the license is negotiated with the owner of a Curaçao master gaming license. The process for obtaining a Curacao casino license involves submitting an application to the government of Curacao, along with supporting documents and a fee. The government will review the application and may request additional information or documents. If the application is approved, the government will issue the license and provide the company with instructions on how to use it. The process for obtaining a Curacao betting license involves submitting an application to the government of Curacao, along with supporting documents and a fee.

This comprehensive guide aims to provide you with detailed insights into its current status, opportunities, and application procedures for iGaming services Curacao. The shift to centralized oversight, combined with updated fee and compliance structures, sets a new standard — one that balances regulatory robustness, operator accountability, and market legitimacy. Operators willing to adapt can continue serving a global audience under a recognized and modernized Curaçao Gaming License regime. Those who do not — risk losing access to key markets and regulatory standing. Once the application is approved, the company must pay the license fee, which is about €61,700 annually.

Information regarding the NOOGH and LOK licenses

During that time, Curaçao had two different kinds of licenses, which included a master license and a sub-license. Back in 1993, the Curaçao gaming license was introduced through the National Offshore Gambling Decree. Though it was the first law created to govern the gambling industry, it was quite young at that time.

Any data, information, or links to the third parties on this website are for educational purposes only. The inclusion of a link to an external website should not be seen as an endorsement of that website. You are responsible for verifying and meeting age and jurisdiction regulatory requirements before registering with an online casino. In comparison to the Netherlands, where the license application fee is $54,000 plus a variable yearly levy of 1.95 percent on gross gaming results, Curaçao’s fixed annual cost offers a more transparent structure.

With the introduction of the new LBH (License of Business to Host) system in December 2023 by the Finance Minister of Curacao, the cost dynamics have shifted significantly. Curaçao offers a low corporate tax rate of 2% on net profits and zero VAT on gaming revenue, making it one of the most tax-efficient jurisdictions for iGaming businesses. Additionally, the jurisdiction’s low corporate tax rate of just 2%and zero VAT on gaming revenue make it an attractive destination for companies looking to maximize profitability. Curaçao also boasts a stable political climate as part of the Kingdom of the Netherlands, ensuring a secure and predictable regulatory framework.

A soft copy of the licence will be available on the GCB portal upon issuance, while a hard copy can be collected from the GCB office after paying a NAF 60 stamp duty (approximately EUR 30.60). By clicking the button, I confirm that I have read the privacy policy and consent to the collection and processing of my personal data in accordance with the GDPR rules. Before suspending or revoking a license, the GCB will give the licensee a chance to defend its rights as long as it does not jeopardize the interests of the players or the public. It is recommended to apply for license renewal at least days before the expiration of the current license (license validity is 1 year) to avoid interruptions in its validity.

The broader implications of these reforms on the industry and Curacao’s position within it remain to be fully understood. However, the shift towards greater transparency and security is poised to foster trust among players and potentially expand the market for operators. For Curacao, these changes represent a critical evolution in its regulatory approach. Yes, Curaçao is considered a crypto-friendly jurisdiction, allowing licensed operators to accept Bitcoin, Ethereum, and other digital currencies. However, businesses must still comply with AML and financial reporting obligations. Applicants must establish a Curaçao-based company, submit a detailed business plan, provide curacao casino license AML (Anti-Money Laundering) and KYC (Know Your Customer) compliance policies, and pass a due diligence background check.

An administrative process will need to be followed by the applicant after the Curaçao Gaming Authority (CGA) portal re-opens (reportedly in mid-March). Further details on the process and fees will be announced by the Curaçao Gaming Authority (CGA) in due course. The CGA also clarifies that an invoice does not constitute confirmation of license continuation or renewal. If a license is revoked during an active billing period, the entire fee for that period remains payable. Because the transition spans two calendar years, these pro-rated payments may temporarily overlap before the system moves to standard full-year invoicing after the first complete cycle. Operators are reminded that they cannot use the Green Digital Seal until their licence is formally granted.