Curacao Licensed Casinos

Categories: News | Published by: YummySpins

24/12/2019

Curacao Licensed Casinos – Play Gambling Games With Trustworthy

Curacao is a small island, serving as common licensors for many online gaming industries. Casinos getting licenses via Curacao jurisdiction are considered trustworthy and legitimate services. The gambling regulators of Curacao have been operating in the online gambling sector for the past 1993. Curacao casinos are famous in the Caribbean islands and are a cheaper alternative to other license options.

How to Obtain a Gaming License at Curacao?

You need to understand very well that Curacao’s justice minister is the only person who provides an e-gaming license for the casinos. It is carried out under CIGA, which is known as an official online licensing authority. However, this specific type is considered as Master license and presently, there are four 3^rd party organizations involved in it. Some of the master licenses are:

Cyberluck Curacao N.V
Gaming Curacao
Curacao Interactive Licensing N.V
Antillephone N.V

From the lists mentioned above, other online gaming operators could also apply for sublicense using it. The major difference between the master licensee and sub-licensee is that the latter could not provide licenses to any other casino websites. This jurisdiction tends to follow up the ‘one-for-all’ technique of Curacao licensed casinos, indicating that there is one kind of license to apply. This scheme is quite simple when compared to the MGA license having 4 varying classes to pick.

Requirements for Curacao Gaming License

To become eligible for the best Curacao casino online license, the applicants have to meet specific requirements. Here is a list of important criteria, which the applicants need to check to get approval.

Incorporation with a local company: It is an important rule that the companies of Caribbean Island can only apply for sublicense from Curacao gaming authority.
Local bank account: It is another important requirement regarding crypto casinos. The payments must be processed only using local currency.
Ownership of hardware: The applicants must display their proof regarding hardware investment on the island. However, the minimal requirement seems to be hosting of client database on the server.
Clear-cut criminal record: Casino owners must reveal the proof of having undergone criminal activities.
Detailed business plan: Casino operators must reveal how they plan to promote the KYC compliance. Apart from that, they must also disclose their efforts on promoting anti-money laundering as well as decreasing under-age betting.
Proof of sufficient capital: The Curacao gaming casinos must display that they can finance their business plan. Furthermore, they have to display details of their past accounts as well.

From the information mentioned above, you will have an idea of the Curacao licensed casinos and its requirements. By playing at these casinos, you can feel secure and safe.