Every gambler wants to play in a licensed casino in order to get the money they win without any problems and not be scammed. And if we talk about online casinos, most often they have permission to operate in Curacao – Curacao licensed casinos. This license offers low tax rates, affordable service and hosting packages, which is why most new operators like it. The authority that issues the permit is in charge of monitoring the activities of the gambling establishment, aka Curacao casinos, its payments and compliance with all work standards.
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The Curacao license is issued on an island located near Venezuela, where the gambling business has been developing since 1996. It can be obtained for all possible types of gambling entertainment.
The document is issued within 2-3 weeks after the application. To receive it, the casino needs to submit an official application. After the appropriate organization examines the documents provided and makes sure that the gambling operator does not violate any rules and operating policies, it is granted a license.
To obtain a Curacao license, the casino must show that it is a limited liability company according to the documents. After obtaining the license, it must pay a fee of 2% of the gross profit. This percentage, under the terms of insurance contracts, will not be revised until 2026. The license of Curacao does not provide any more taxes and fees.
Conditions for obtaining and using a Curacao license
If the casino decides to apply for a permit in Curacao, it needs to provide:
- Domain ownership document
- Description of the games that will be presented in the casino
- List of countries where the company will operate
- Description of servers that will be used
- Software supplier agreement
It is also important for a casino with a Curacao license to pay for technical support of the software every agreed period.
If all these documents are available, and the owner can confirm their authenticity in a special commission, then he receives the above permission.
In addition to the documents, each Curacao licensed casino must meet the following requirements:
- The owner must register their company as a legal entity with the Chamber of Commerce
- One of the founders of the casino must be a resident of Netherlands Antilles
- Online casino must operate in accordance with identification and legal expertise
- The operator must have a description of each game they provide (plot, audience, developer)
- Physical game servers must be located in Curacao
- The casino is obliged to provide support to every player who has made a deposit
- Casino software must pass an audit, the results of which must be provided to the supervisory authority
- Only those people who have reached the age of 18 can apply for a permit, regardless of the country of operation of the casino
Anyone who applies for a Curacao casino license can count on advice from the regulatory authority issuing it. The cost of such a service is $ 6,000.
The cost of a license and nuances it is important to remember
The document can be purchased in one of the service packages. Depending on the content, its cost will range from $11,500 to $50,000. On average, today a Curacao online casino license costs $34,000. This cost includes online casino registration services, maintenance throughout the year, regular contributions to E-Gaming and other bodies.
If the person who wants to buy a permit does not have the funds indicated above, they can purchase a sub-license. It is issued subject to all the rules stipulated by Curacao by an institution that already has a license. True, the bill is still issued by the controlling authority of this island.
In this case, the amount may vary and is immediately negotiated when connecting to the registration system. As a rule, it ranges from $1000 to $5600. This cost is low and can be paid by any beginner in online casino business. In this case, the institution that holds the main license is responsible for the safety of users. It also pays all the amounts if something happens to the new licensee and they cannot pay the winnings of the participants.
Curacao casino license is issued for five years. If the online casino wants to renew it, it will have to pay again the amount from $1000 to $5600. If no violations were found during the first period and all working conditions were strictly observed, the license can be renewed automatically, without the need to reapply.
Every user who has played at an online casino at least once wants to be protected. He needs confidence that if he wins, he will receive his funds not only to the game account, but also be able to withdraw them to the balance of the bank card. And since the casino cannot always fully confirm such a possibility, the presence of a license protects the player from any troubles. Often on the Internet, you can find various reviews on the request “Best Curacao casinos”. This helps users choose a reliable resource and is guaranteed to withdraw money if they win.
Best Curacao licensed casinos: characteristics
The license confirms that:
- The casino is registered and the name of the owner is known to the regulatory authorities
- The casino has money on its accounts, which it can use to settle with the players in case of winning
- The random number generator produces truly random combinations, and each player has an equal chance of winning and losing
- The games are licensed and supplied by providers, so there won’t be any glitches that interfere with the game.
- Personal data of players will not be stolen and transferred to third parties
As you can see, a casino needs a license if it wants to protect its users. Each such online establishment under the jurisdiction of Curacao pays a tax of 2%, which allows you to guarantee payments to players in case of force majeure. This tax is insured against changes until 2026.
Best Curacao licensed casinos have bonuses that allow you to play without a deposit. But only licensed online casinos can pay out the entire winning amount without any restrictions if the wagering requirements are met.
Every gambler who is worried about his safety and wants to get a win should check the casino’s license before starting to play.
What are the advantages of playing in a licensed casino
The main advantage of a licensed casino over an unlicensed one is that it guarantees the safety of the player. But, besides this, it is important for those wishing to obtain a gambling license for Curacao to remember that the controlling organization of the island does not interfere in disputes between players and operators.
Nevertheless, the licensed casino worries about its reputation, therefore, it does everything to ensure that players’ requests are processed as quickly as possible, all incomprehensible situations are resolved in a short time and everyone who wants to get the most out of the game.
For a casino, a license is also a great advantage, because it increases the level of trust in the eyes of the user and allows attracting more and more new players, thereby expanding the geography of the online establishment and its income.
The rating of the best Curacao casinos includes online establishments that must meet a large number of parameters, including: user safety, the availability of licensed software, the absence or insignificant number of negative reviews, the speed of payments to players, bonuses and promotions. number of games and many more.