The online gaming industry is growing at an incredible rate. It is estimated to be worth over $59 billion by 2027. With so much money up for grabs, it is no wonder that more and more people are looking to get involved in this booming industry. If you are thinking of playing in an online casino, you need to find a casino with a valid gaming license like Curaçao. Moreover, if you are looking for a jurisdiction that is both supportive of the industry and has a reputation for being reliable, you should consider a Curaçao license. It is the premier licence when it comes to online gambling and is also recognised almost all over the world.
Curacao License
A Curaçao Gaming Licence is a permit that allows an operator to provide gaming services from the jurisdiction of Curaçao. The licence is issued by the Curaçao eGaming Authority and is valid for 5 years. The advantages of obtaining a Curaçao gaming licence are many. Not only is it safe and secure but also verified. Overall when it comes to the gambling world, the Curaçao license is one of the most reputed and well-received licenses.
Advantages of Curaçao License
● Lego-Like Structure
The process of applying for a Curaçao gaming licence is very similar to applying for a building permit. You only need to submit your plans, pay the fees, and wait for the authorities to issue you a permit. This process is called the project plan and is very simple even for a new Curacao online casino.
● Low Cost
The initial cost of applying for a Curaçao gaming licence is very low when compared to other jurisdictions. The total cost of the project plan and the first year’s licence fee is only $5,000. After that, the yearly renewal fee is only $2,500. Therefore, this is pretty ideal and cheap for new casinos.
● Flexibility
A Curaçao gaming licence gives you a lot of flexibility in terms of how you structure your business. You can choose to be an operator, affiliate, or both. You can also choose to offer sports betting, casino games, or poker. When it comes to games there are many options available as well with the Curaçao license.
● Fast Approval Process
The approval process for a Curaçao gaming licence is very fast. Once you have submitted your application and paid the fees, you can expect to receive your licence within 2-3 weeks. Therefore, getting a license from Curacao is fast and easy.
● Reputable Jurisdiction
Curaçao is a highly respected jurisdiction authority for online gaming. The island has been issuing licences since 1996 and is home to some of the biggest names in the industry. When you obtain a Curaçao gaming licence, you are joining a community of reputable operators.
● Good Reputation
Curaçao is also known for being a reliable and reputable jurisdiction when it comes to online gambling. This is partly because the Curaçao eGaming Authority takes its job very seriously and closely monitors all licensed casinos to ensure they are complying with both local and international laws. But it’s also because Curaçao has been issuing gambling licenses since 1996, so they have a lot of experience in this area is in the business for a long time.
Curaçao Is Supportive of the Online Gaming Industry
When it comes to issuing gaming licenses, Curaçao is very supportive of the online gaming industry. The Curaçao eGaming Authority whose job it is to issue licenses and regulates gambling activities on the island provides potential licensees with guidance and assistance throughout the application process. This makes it much easier for those new to the industry to navigate the often-complex world of licensing. And once you have your license, Curaçao also provides ongoing support to help you ensure that your casino continues to operate within the law. Therefore, the license and the authority are always trying to best to improve the gambling market and provide more opportunities for the players.
Final Thoughts
There are many benefits to obtaining a Curaçao gaming licence. The low cost and fast approval process make it an attractive option for new businesses. The flexibility and reputation of the jurisdiction are also big advantages. If you are thinking about starting an online gaming business, then a Curaçao gaming licence should be at the top of your list.
Moreover, in case you are looking to start your gambling journey you should look out for Curaçao licensed casinos. If you’re thinking of starting an online casino, you should consider applying for a gaming license in Curaçao. This jurisdiction is both supportive of the online gaming industry and has an excellent reputation when it comes to regulating casinos. So why not take advantage of all that Curaçao has to offer?
This is the general editors account for Old School Gamer Magazine. Press releases and other general information sent to Old School Gamer are often posted here.
