All Curacao Gaming License Casinos Listed

Online gambling in Curacao – A brief history

Curacao is one of the islands that make up the Dutch Caribbean (formerly known as the Netherlands Antilles). Curacao is a well-known online gambling license provider that operates outside of Europe. This license provider is a true veteran in the gambling industry, as it has been operating since the 90s.

Many might be surprised by the fact that the requirements to get a Curacao license are considerably easier than for many other licenses. The worst aspect about online casinos with a Curacao license is though, that the casinos operating under the license cannot provide tax-free winnings to their players. For European players it might therefore be best to play in online casinos that hold a European gaming license. Caution should also be exercised towards online casinos with Curacao licenses, as some of them have gone rogue and even stolen money from their players. Players should therefore be wary of casinos that hold this license. However, most online casinos that own the license are still absolutely safe to play at.

Curacao gaming license requirements

Many might be surprised by the fact that the requirements to get a Curacao gaming license are considerably easier than for many other licenses. For example, companies seeking the license don’t have to present passports, utility bills, or any bank references to the Curacao Gaming Control Board to get the license. Here are the main license requirements that companies seeking the license must fulfill to get it:

• The Company must have a local bank account
• Betting operator must support a wide range of payment solutions
• Owner(s) must present the CGCB their fully detailed business plan

So, at face value, the Curacao gaming license might seem like the perfect license for online casinos. However, the worst aspect of online casinos with Curacao license is that the casinos operating under the license cannot provide tax-free winnings to their players. For European players it might therefore be best to play in online casinos that hold a European gaming license. Special caution should also be exercised towards online casinos with the Curacao’s gaming license. Because some of these casinos have gone rogue and even stolen money from their players, as we mentioned earlier. So, players should be wary of casinos that hold this license. However, most online casinos that own the license are still absolutely safe to play at.

Curacao licensing fees

Many online casinos have chosen to pick Curacao as their home, because of its friendly tax laws and quick and relatively inexpensive licensing procedure. Online casinos with Curacao licenses are only required to pay 2% of their net profits to the license provider as their licensing fees. Whereas online casinos with other gaming licenses might have to pay up to 4% of their net profits as licensing fees. License owners must also pay an annual fee of 34 000 dollars if they own a “master” gambling license. However, in total, the basic annual licensing fees work out to be only around 20,000 – 30,000 dollars for most casino operators. So, casinos incur relatively small licensing fees from owning the license, and that’s one of the many reasons why casinos choose to pick it as their license.

Best Curacao casinos conveniently listed at Mr Gamble

Though many online casinos where Europeans like to play at own Curacao’s gaming license, we don’t recommend players to play at Curacao licensed casinos. Because the CGCB casinos cannot provide players with tax-free winnings, and some of them have been involved in major controversies. Having said that, most Curacao licensed casinos are still safe and reliable. So, if you don’t mind paying taxes for your winnings, Curacao gaming license casinos are by no means a bad option. If you want to find all the online casinos with Curacao’s gaming license, please visit our casino reviews page. We promise that finding the best CGCB casinos at Mr Gamble is fast and easy!