Curacao online casinos
Despite being a small island nation sandwiched between Aruba and Bonaire and just off the Venezuelan coast, Curacao has made itself known in iGaming world as one of the major legal jurisdictions to offer online gaming licenses. Formerly part of the Netherlands Antilles, Curaçao became an autonomous, constituent country of the Kingdom of Netherlands in 2010 and such has fortified its position as a global licensing authority.
Gambling licenses were issued as early as 1993, three years before the Curaçao eGaming supervisory entity was formed as part of the offline regulator Curaçao Gaming Control Board. Its first dedicated online casino licence was granted in 1996, at a time where we were still connecting to the internet with a 56KB speed via a simple phone line.
Many online casinos and other online gambling & betting operators have chosen to make Curacao their home due to its favourable tax laws and relatively quick and inexpensive licensing procedure. Curacao charges a tax of just 2% on net profits, much lower than any of the major authorities in Europe.
It is also one reason while a large part of the rather shady or downright rogue casino operators are running their sites under a Curacao licence. However, there is also a good number of reputable and trustworthy online casino who chose Curacao for other reasons. These are casinos operating in so-called ‘grey markets’, which are countries that do not issue gaming licenses, or those accepting Bitcoin and other cryptocurrencies as payment method.
In over two decades, Curaçao actually issued only four master licences. These are Curaçao eGaming N.V. 1668/JAZ, Gaming Curaçao 365/JAZ, Curaçao Interactive Licensing N.V. (CIL) 5536/JAZ and Antillephone NV 8048/JAZ. Each master licence holder can issue an unlimited amount of sublicenses to entities of their choosing. Each has a process in place where casino operators have to submit only little more than an online application. A number of Curacao companies have established themselves as licence brokers and do the application work for their clients from around the world.
We at GMBLRS are not big friends of Curacao licenses and as such perform a much more rigorous vetting of such casinos before we are adding them to our listings. They need to show proof of flawless operations over a number of years, don’t have unresolved legitimate player complaints, no history of non-payments of winnings of any amount, no fake games on their site, a responsive complaints team that communicates with us openly when we submit players’ grievances and much more. The main reason for these strict requirements is that Curacao authorities rarely assist in player complaints and with the legal jurisdiction being in such a remote location, it makes any court case sheer impossible to go through.
Rest assured that any of the casinos listed at GMBLRS have successfully completed the extra vetting process and are under permanent surveillance to detect any deterioration in their services as early as possible. Any slipping in the quality will be immediately removed from the GMBLRS casino list with little to no chance to ever return.