Gaming machines. In 2002, the Curacao Gaming Commission was also able to decentralise from the Gaming Control Board. The master license licenses the gaming company and, in addition, opens up the possibility of sublicensing third parties, which bear the responsibility and conditions of the main license. V. residents of Curacao; b. Preferential tax rates are becoming attractive to those seeking to minimise their financial obligations. 500. Hey everyone! Max here. Curacao License Cost. Isle of Man gaming license cost. GBO, a company that helps clients obtain gaming licenses, advertises prices for their turnkey packages starting at $55,000, which includes the cost of the license. To begin with, Curacao casinos are safe and reliable options to choose from. Anjouan, on the other hand, provides a more affordable licensing solution, making it an attractive choice for startups and entrepreneurs with. Curaçao eGaming with license number Cyberluck Curaçao NV 1668 / JAZ. Curaçao eGaming is a leading master license holder of Curaçao offering gaming license to run e-gaming operations. (Curacao-eGaming) license no. They will also find it easier to open bank accounts, enter third party agreements, and offer services to international clients. Great for startups. 10. Your online casino will be a hit! This is because we offer you the best gaming solutions. #197/HF5 as an Information Service Provider. Being run by one of the most popular casino providers in the industry, this is a to-go cryptocurrency casino for real money play. Additionally, they must pay a 5% tax on revenues from all players who are residents of Malta. To get a Maltese license, you have to meet stricter regulations and pass more rigorous tests than for a Curacao one. The UK Gambling Commission (UKGC) accepts license applications for both offline and virtual casinos. (Curacao Interactive Licensing N. The price includes two domains and one validator. on February 15, 2019, the GCB was appointed the AML/CFT supervisor for all gaming sectors operating in and from Curaçao, which includes the online gaming. Stepwise license acquisition plan is created by our team. How to Transition from a Curacao Sub-license Gaming License to the New Curacao Master License: A Guide by GBO 15. Getting a Curacao gaming license is pretty straightforward. It allows the company to test the concept, get a client base, and reinvest funds without having to pay a fortune in costly applications, taxes, and fees. Published Aug 30, 2023. New types of gaming licenses will be introduced in Curacao in the summer of 2023: C2B Curacao gaming license is new, adaptable, cost-effective, and supportive of gaming professionals’ needs. At least one physical server needs to be located in Curacao. The deposits go from £5,000 to £10,000. 5% for casino games, in. We can incorporate a Gaming Company in Curacao for you and obtain a Curacao e-Gaming License; or 2. Countries that want or need more control over the gambling market often decide to regulate it, allowing operators to apply for a. These policies are transparent, publicly available and in line with international standards of Good Industry Practice. The LOK Gaming License is intended to replace the current system of core and sub-licenses, in which only four primary licensees have the authority to grant sub-licenses to operators. Speak with us about obtaining a Curacao Gaming License . 2. One of the conditions of the Curacao provisional license is a 60,000ANG guarantee deposit. It would also see the government create the Curacao Gaming Authority, which would operate independently to oversee the issuance and maintenance of all licenses. to offer online gaming Curacao is making significant strides in modernizing its online gaming regulations, designed to align the island’s gaming laws with international standards. Though there are some pros and cons to consider, for a legitimate iGaming startup, the benefits of a Curacao license far outweigh the drawbacks. 7. V. Below you will get the complete overview of every single Curacao licenced casino we have reviewed. Note: The sublicense also includes specialized turnkey solutions which assist Curaçao businesses. The Curacao gaming license is available only to companies that are based in Curacao. Curacao is a one-for-all outlet for any gambling product. eSports is a fast-growing industry sector, with total bets aiming for $14 billion compared to $7 billion in 2020. Gambling license of Curacao. There are gaming, egaming, remote gambling, and betting licenses at your disposal. Curaçao is a Caribbean island vacation destination that doubles as a base of operations for online gambling companies. They're one of the most popular organizations globally for obtaining a license to operate an online casino for several reasons, not least of which is the somewhat favourable tax laws that help the casinos themselves save money. The Curaçao Gaming Control Board has announced plans to create a new independent regulator — the Curacao Gaming Authority — which will replace the existing regulatory agency. Since the island’s independence, Curacao casinos had a massive boom due to being able to set up their own rules and regulations with no. For B2C companies, the Annual License fee will decrease from $66,000 to $25,000 and there will be no GPT tax. There are 2 main expenses when applying for an offshore Curacao gaming. CONTACT WITH SKYPE live:. 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. We would like to show you a description here but the site won’t allow us. and the Curacao gaming license is among the most popular. Slots. the application for an online gaming license pursuant to the National Ordinance on Offshore Games of Hazard (Landsverordening buitengaatse hazardspelen, P. Get professional technical support on any subject you encounter 24/7. Curacao offers a number of reliable and established providers of hosting services, specifically geared towards the intricate needs of the eGaming industry. The Anjouan Gaming License provides an unparalleled opportunity for iGaming entrepreneurs in 2023. Incorporate a company in Curacao: Gaming License: 14,800: Negotiated from Curacao Master License Holder: Banking: 2,500: Search for accepting banks within the EU: Incorporation: 3,650: Incorporate a business in EU for banking contracts: EMI: 2,500: To allow for receiving of PSP funds: PSP: 3,500: Open PSP accounts for. However, they are usually lower than in other jurisdictions. curacao-egaming. 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. 4 billion by 2022. Understanding GCB and CGA. The Gaming Control Board shall maintain the ofïicial ''self-exclusion Iist'' and shall notify each casino of any addition to or deletion from the list by electronic mail, to be followed up with notification via postal mail or messenger. The transformation of Curacao's gaming license regulation marks a pivotal moment in the gaming industry's evolution. The new B2B Curacao gaming license explained. There is a 0% game tax for the Curacao license. One can get a license for: Lotteries. EGaming Curaçao, through the Curaçao license, provides the resources and technical capabilities for your brand to enjoy a successful performance. The costs of this on paper is around €6,500 per annum but in reality you are going to spend between €15,000 and €25,000 in legal and administrative costs. 7,234. 7. These background checks help casinos and license issuers verify your credibility and integrity. + Follow. V. 16 November 2021 | Comments: 3. This amount covers the costs of an offshore company registration, a European bank account, hosting services and server space, the. The license is valid for a period of five. The license holders are Cyberluck Curacao N. Curacao December 20 2022. Sub-License. You should select one based on the type of your business. The gaming licence itself. Those expenses cover all types of iGaming and allow partnerships with sub-license owners. The Curaçao Gaming Control Board (GCB) has rolled out its license application portal as of 1 September. SEARCH REGISTER. Curaçao is known as an online gaming haven, where several hundred companies have obtained licenses thanks to the island’s simple application process. The following steps are required to obtain enabling documentation: register a company in Curacao; prepare the package of documents and scope of information; submit an application; wait for the regulator’s decision; launch an online casino. On top of that, the costs of establishing the necessary corporate structures, banking accounts, and payments connections are low and their profits taxes undercut most other jurisdictions. Those expenses cover all types of iGaming and allow partnerships with sub-license owners. Keep reading below to understand why. A Curacao gaming license is the fastest and most affordable option for launching an iGaming business. The GGR tax is levied on the net profit on real gaming and might be as high as 25%. Since 1996, hundreds of the world’s best gambling apps and sites have chosen to be based and regulated by the Curacao Gaming Control Board. (CIL) #5536/JAZ; Antillephone NV 8048/JAZ; Legal Ecosystem and Licensing. 14/07/2023: Latest update on Curaçao license in new article via link. Gaming Curaçao (GC),. The query length is limited to 70 characters. The Curacao gaming license encompasses two types: master licenses and sub-licenses. (curacao-egaming) #1668/JAZ; Gaming Curacao (GC) #365/JAZ, Curacao Interactive Licensing N. The perks this license comes with are as follows: Business status: Unlicensed casinos have much less chances to win on the business scene because of the possible risks. The Operator, dealing with players directly, shall be responsible for the proper execution of the said policies. The licenses are issued to only qualified applicants. V. The new authority will issue both B2B. When you add it all up, there’s no better place for an iGaming startup to obtain its first license. Gaming Curacao (Gaming N. 10. The following table includes the expected fees and cost of the Curacao license if you opt for the basic package. While getting a full master’s license in Curacao is challenging, obtaining a sub-license through a master’s license holder is a breeze. The registration process is very easy and fast. Gaming Control Board will take over the operations of the Government of Curacao, that had previously issued licenses to a. (CIL) 5536/JAZ and Antillephone NV 8048/JAZ. Poland Gaming Licence. We proudly present our array of offerings: A-to-Z process for Curacao New License Applications. This Portal is intended for: 1. Additionally, the streamlined licensing process and the jurisdiction’s experience in the gaming industry. Pros: Cons + Holding a Curacao Sub-license grants you the right to carry out all types of online gaming activities (poker, sports betting, online casino, etc). 2 minutes read. In this article, we examine the Curacao gaming license, its history, the benefits it offers, and the. Curacao has issued a new type of gaming license tailored to enterprises that offer their services to others in the industry. Malta: The price to obtain a Malta gaming license there might range from €5,000 to €30,000, depending on the kind of license needed and the services that must be provided. On that day the new National Ordinance on Games of Chance (LOK) will go into effect. Annual and monthly reports. However, the government intends to phase. 97) “State Decree Casino Industry Curaçao”. Casino. The Landsverordening op de Kansspelen (LOK), known as the Curaçao National Ordinance on Games of Chance, came into effect in September 2023. This gaming site impresses with its huge. However, there are now a lengthy list of excellent and new Curacao casinos available. The section holds important information on aspects of responsible gaming, code of conduct, self-exclusion, dispute resolution and much more. (CIL) #5536/JAZ and Antillephone NV 8048/JAZ. 1. Additionally, they must pay a 5% tax on revenues from all players who are residents of Malta. The fee for getting (and renewing) a Curacao license is €21,900 per year + 6% sales tax. Licence validity period is 6 years. The Isle of Man: pretty and pretty good at business. Curacao is a jurisdiction in the south Caribbean Sea not far from the coast of Venezuela. Cost of Curacao Gaming License. Also, instead of the previous system (four master license holders had exclusive rights to issue sublicenses and oversee licensees), the body will issue new. Get your new Curacao gaming license through us and enjoy the best price and service. Anjouan gaming license; Anjouan corporate structure; Comparison of Curacao VS Anjouan; Corporate service in Anjouan; Malta. The cost of an e-gaming license varies from jurisdiction to jurisdiction. Curacao gaming license does not necessitate renewal, as it is automatically renewed after signing the official 1-year contract if you don’t have any violations. The purpose of this new legislation is primarily to strengthen the Curacao license by imposing higher barriers to entry for operators, aligning the Curacao license with counterpart licenses in EU jurisdictions. Verify that you are dealing with a properly verified and genuine CEG licensed operator. GBO 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. These changes mark a pivotal shift in how online gaming and gambling businesses will operate within. New Curacao Licenses Applications; Curacao Gaming License Costs; bank accounts to Curacao company;We would like to show you a description here but the site won’t allow us. With its low tax rates and modern. There are several benefits of obtaining the Curaçao Gaming License, and we’ll tell you about some of them below: The entire process of obtaining a Curaçao Gaming License is speedy. The new Curacao license application and gaming laws As of 2. It takes a long time to get a license, almost 2-3 months, the rental is much faster. Curaçao is a Gaming Control Board that licences and regulates online casinos. Last update: 2. Curacao gaming license offers only one type of license to permit operators and software providers deliver sports betting, games of skill and chance. You can also contact them via email or phone number. GBO specializes in helping online gambling and crypto services companies to open bank accounts in Europe – both B2B and C2B. Relatively fast and easy application process. Each applicant undergoes a thorough assessment, ensuring that licenses are only awarded to those applicants who are able to demonstrate such a. 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. Curacao has been a haven for internet gaming companies for several years and this small island nation is the home of dozens of Curacao gambling sites for a long time. This is an advantage compared to some other gaming licenses that do not cover. Firstly, the cost of a sub-license varies between €/$4,000 and €/$5,000 per year. the Curacao Gaming Control Board projected the final law’s implementation by mid-2024. To run an online gambling or e-gaming operation, a sub-license is required. Gaming Curacao, a leading provider of comprehensive services to the online gaming industry, provides JeetWin the license and authority to operate. We have the seemingly wizened Curacaoan government to thank for it. 9/5. Costs: The Curacao Gaming License is generally regarded as more expensive than the Anjouan Gaming License. There is. Insights into 2023 Updates. This makes it easy to see when a new Curacao casino is released. Curacao Gaming License Information. Gaming Curacao (license number: 365/JAZ), The Curacao eGaming has partnered with CSA to provide online casinos with the above four subsection licenses. Our Experts are always meticulous in financial matters, therefore you get an accurate cost estimate. We streamline the process, making it simple and straightforward for you. cw. Starting September 1, 2023, the Curacao gambling landscape will significantly change as the government plans to implement stricter. Guidance for preparation of paperwork. Curaçao eGaming is a leading master license holder of Curaçao offering gaming license to run e-gaming operations. The process of obtaining a license for operating gaming machines takes 6 to 12 months. However, this is offset by a prestigious. One of the main changes is the establishment of a new independent regulatory body, the Curacao Gaming Authority. The licence is issued by the Curaçao eGaming Authority and is valid for 5 years. Over two decades ago, Curacao was considered part of the Netherlands Antilles. In Curacao, a single gambling license covers all types of online gaming. There are also various monthly. In anticipation of the entry into force of the Lok, the Minister of Finance of Curaçao has decided to resume issuing. A Master License holder may grant sub-licenses to online casinos and other gambling sites. Hereby further states and certifies:Advantages of the online gambling license in Curacao: Offer every type of online gaming product with just one license; -> online casinos, sports betting, lotto, poker, bingo, and more. Appoint a local company representative. We are able to issue new Curacao sub. In this article, we examine the Curacao gaming license, its history, the benefits it offers, and the necessity of obtaining a. The Curaçao (sub)license provides the legal framework for gambling (related) entities that wish to offer services in non. There are only a few master licences, and most operators use a. 1668/JAZ) is one of them. According to ResearchAndMarkets. The gaming industry in Curacao will operate under more stringent regulations beginning September 1, 2023. The original price for first-time applicants is €21,900 (per 2021 data). What is a Gaming License? Your online casino needs a license too. It oversees the gaming software of these casinos to ensure their safety and randomness while also. License Verification Terms and Conditions (Disclaimer) This License Verification page is provided as a service to verify the present licensing status of the Company and Website named above as an IP Provider, who operates under under license reference 1668/JAZ issued to Curaçao eGaming. 1. Safeguarding Curacao’s international reputation, especially as an i-gaming industry Another important change that took place in 2023 is the establishment of Curaçao Gaming Authority (CGA). The Curacao Gaming Authority shall be replacing the Curaçao Gaming Control Board. Today, more than 70% of all virtual gaming dens operate under this credential. After the establishment of the Curacao Gaming Authority back in 1996, the license was awarded to hundreds of casinos from all over the world, gradually becoming the most popular jurisdiction for. For comparison, the annual cost of only a license for 3 out of 4 gambling types in Malta is EUR 25. We are interested in licensing online casinos, bingo games, poker rooms, and. The GRA only offer one licence that covers all activities for one year. The Council of Ministers in Curacao, which has been an independent state since 2010, has approved legislation to create a new gambling regulator in the Curaçao Gaming Authority (CGA), and to end the current system of Master License holders providing Sub-Licenses as a commodity with very little oversight of operators and. Gaming Curaçao with license number 365 / JAZ. Curacao’s gaming license is a popular option for many operators. ***. For many years, Curacao has been one of the world’s leading offshore igaming jurisdictions. Sub-licenses permit the conduct of all kinds of gambling activities. Self Study: Operational matters relating to the End User (Chapter B) This section of the CEG Academy website is dedicated to information on how operators should interact with End Users (players). com. “No operator is going to have to pause or stop any business as a result of anything done by the ministry,” she said. It will be the responsibility of the licensees themselves to decide whether the sublicense. 1st September 2023 | By Marese O'Hagan. In addition, Curaçao is home to over a dozen physical casinos, such as the Breezes Curaçao Resort, Casino Royale, and the Marriott Emerald Casino. The portal is designed to expedite the licensing process for online gambling operators, making it more accessible and efficient. 02 Innovative solutions. The Curacao income tax is just 2% and is not subject to VAT or corporate profit tax. + Curacao offers a low gaming license cost when compared to the cost of obtaining a license in other jurisdictions. ” The fees associated with obtaining this license can vary depending on the specific services the company intends to offer. The Curaçao gaming license was launched in 1996 to provide a legal framework for all games operated on the island of Curaçao. This process depends heavily on the gambling. Profit from your gaming site with little taxes. 01 Professional Service. In the regulation time process: Opening bank accounts, merchant accounts; Curacao company incorporation; Submitting license documents, company documents, and paperwork; Payments for the company formation and license fees; Wait several weeks (4-6 weeks) until the license is ready to implementThe initial application price and yearly fee for this license are both €2,330 and €6,660, respectively. It is located and licensed by Curacao Gaming Authority. Which one applies to the casino depends on where they plan to operate. The Curacao casino sublicense is also issued for all types of gambling operations. In his analysis, the expert provides a list of the various benefits of acquiring a gaming license there. This tax incentive will soon be available to the online gaming sector. V. Second, it is important to centralize the process from the Curacao government, so that the CGA can supervise licensed operators and. 21,900 EUR per year + 6% sales tax. and the Curacao gaming license is among the most popular. Most only offer slot machines, although a small number also feature poker rooms and table games. Situated off the coast of Venezuela, Curaçao is known as one of the most commonly used online gambling licensors since this island has been issuing e-licenses since 1996, longer than most other jurisdictions. The annual licence fee also varies between €6,000 and €12,000. The island’s licensing regime was notable for its extremely liberal system and low barriers to. The new Curacao gaming License – We will assist with obtaining licenses under the new. Curacao, a constituent country of the Netherlands located in the southern Caribbean Sea, has established itself as a leading jurisdiction for online gaming operations. Licensing Fees: Curacao offers a cryptocurrency-related license called the “Curacao Gaming License. As the Curacao gaming license is intended for a global neutral offering, we advise you to obtain local legal opinions from lawyers regarding the legality of your operation and the perceived risks by the lawyer. For gamblers it's an important island, Curacao issues a popular gaming license that has been present in the industry since 1996. This implies that with just one Curacao license, an operator can offer sports betting, casino games, and poker. 83. One license A gambling license in Curacao opens up the opportunity to obtain a one-stop license that combines various types of gambling services, including casino, sports betting, lottery, poker, and more, under a common Curacao license. With only a 2% tax on enterprises registered. Operators must pay a tax on gross gaming income (GGR), which is currently set at 5% for sports betting and 0. We shall assist operators with. V. You only need one license. To address these concerns, the Finance Minister has instructed the Gaming Control Board (GCB), the current regulator, to implement and enforce new standards. Licensing in the jurisdiction of Curacao, is the most popular place to get a gaming license. That’s another world in. Without the proper permits, you cannot legally do business on the island of Curaçao. request a quote. Introduction: Navigating the Complex World of Gaming Licenses As the online gaming industry continues to expand globally, it’s more important than ever for operators to understand the licensing landscape. Curacao Gaming License – An Easy Pass for Casino Operators. Online Gaming Licensing. Creating or maintaining any links from another website to. On top of this, operators will pay an extra $340 per qualified person and $275 per UBO. For gaming license Curacao, what all you have to do is search for the top law firms where experienced lawyers are working to ensure you will get a smooth gaming license process. Successful applicants get one license that covers all forms of interactive gaming including casinos, sports betting and lotteries. More information. A gambling licence is a prerequisite for an online casino business as it provides a legal basis for online casino operation. (curacao-egaming) #1668/JAZ; Gaming Curacao (GC) #365/JAZ, Curacao Interactive Licensing N. 23 GBO: Leading the Way in the new Curacao e-Gaming Solutions, helping companies with the sub-license to change to the new master license. The Curaçao Gaming Control Board (GCB) will commence. After obtaining a permit, operators are required to pay £35,000 (€39,000) every year. Both licences cover all. Stay ahead of the Curacao gaming license changes for 2023 regulations. Operators will continue to look for off-the-shelf software, API. For companies looking to build real presence in Curacao, the Investment Tax Incentive regime can provide an exemption on most taxes for a period of up to ten years. A gaming license in Alderney is a must for any business that wants to offer gaming services. Curacao operates with a unique licensing system that involves two types of permissions instead of. Online gaming operators can obtain a license in as. The National Ordinance on Offshore Games of Hazard came into. Yes, the Curacao gaming license can be issued to companies operating in the B2C and/or B2B markets. All forms of gambling are legal for adults, both the residents and tourists, while minors are strictly forbidden. Online Curacao Casinos Gambling Licence Updates. Gambling licenses in Curacao have become popular in 1996, and since that time, the jurisdiction has been offering…License Verification Terms and Conditions (Disclaimer) This License Verification page is provided as a service to verify the present licensing status of the Company and Website named above as an IP Provider, who operates under under license reference 1668/JAZ issued to Curaçao eGaming. But the gaming Curacao license allows you to work in all territories where it is not directly forbidden by law, except for the United States of America, France, Holland, Great Britain, Australia, and Curaçao itself. com, the current estimates state that the gambling market as a whole is growing at an annual rate of almost 6% and is expected to be worth over $565. 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. Finally, licensed iGaming companies will be expected to pay a gaming contribution of $26,500 to the CGA. The Personal History Disclosure Form. This makes it easy to see when a new Curacao casino is released. This updated regulation applies to all gambling activities, encompassing aspects such as prohibited gambling, license issuance and control (including provisional licenses), and. Also, instead of the previous system (four master license holders had exclusive rights to issue sublicenses and oversee licensees), the body will issue new gambling. WhatsApp us: +972504938469 [email protected] Our LinkedIn. The Curacao license application process is straightforward and light on bureaucracy. with license number (C. While obtaining a Curacao Master License, which allows you to issue licenses to others, is very difficult, obtaining a Curacao Sub-license from a holder of a Curacao Master License is quite simple. Recommended Curacao Gaming Control Board Licensed Casinos. Live Sports. September 1, 2023: The Curacao Government starts to implement stricter rules for online casinos. lv – Massive jackpot slots with a Curacao license. Apart from the jurisdictions above, online casino owners can also obtain a license from. Advantages and disadvantages of a Curacao e-Gaming License: Advantages: Inexpensive application process. Easy to do considering most companies will charge €200 EUR per hour in fees and this adds up fast. To be able to obtain a Curaçao e-gaming license, the applicant must seek pre-approval through a Corporate Service Provider to apply for an e-gaming and IP License. Remote Gambling License B2B Gaming Operator’s License – Live: Greece: Hellenic Gaming Commission (HGC) Manufacturer’s Suitability License: Greece:. 5e26d01946b3d9a8Greece Gaming Licence. Curaçao gaming license . The new authority will issue independent B2C and B2B licenses, with already licensed companies under the previous regime having a chance to express interest in a new licence or suspend their operations. 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 Curacao gaming license is the most popular among online casinos. 40-1. On November 1, 2023, the tiny. While some countries are banned from being targeted with a Curacao gaming license, many countries are open for business. Before starting the business is good to understand how and where a curacao gambling license can be used and to understand the seven types of gambling. Instead, it delegates its regulatory duties to 4 independent companies , and , Curacao E-gaming (N. V. Another method of submitting a complaint is to visit the casino website related to the issues and click on the icon of Curacao eGaming at the bottom of the website. Applying for an Online Gaming License via GCB – Curacao Gaming Control Board. Last update 8. Winstoria Casino 4. The Curacao casino license was actually the only iGaming license at the time. Curaçao is taking new steps to enhance the oversight and legitimacy of its online gambling industry. Due to it being one of the oldest jurisdictions on Planet Earth, the Curacao gaming license enjoys respect and recognition within the gambling industry. The license holders are Cyberluck Curacao N. Otherwise known as a private foundation or a “Stichting”, this is a separate legal entity that can be created to protect assets and facilitate estate planning. While it contained licence application forms and information on how to apply, hopeful applicants were not able to register until. This is an indicator that the time is right for starting or investing in the online gaming business. This license allows betting companies to operate and the holder to issue a sublicense, which is the second type. Domain ownership. 2020/00449623, the Minister of Finance has mandated the powers granted to him with regard to offshore games of hazard to the Curaçao Gaming Control Board (“GCB”). It is one of the most common across the entire world, quite possibly landing within the top 3 casinos licenses in terms of popularity. Curaçao is set to drastically reform its entire online gambling regime, setting up a new licensing body – with higher barriers to entry and the ability to cooperate with other regulators to tackle illegal gambling – to replace master licences. Curacao has taken another major step in a regulatory overhaul of its online gaming industry. The Curacao Gaming Control Board is the regulatory body that creates and enforces the legislation on gambling establishments that are registered in the country.