KOUNBET: Curacao license plate, a trustworthy choice
As we all know, the Curacao gaming license is the most popular license among iGaming licenses, and it is also the oldest license in the world. After the establishment of the Curacao Gaming Authority back in 1996, licenses were issued to hundreds of casinos from all over the world, gradually becoming the most popular iGaming license jurisdiction. To this day, the Curacao Gaming Authority remains the most sought-after licensing authority for the online gaming business in the world, licensing some of the largest international brands every year.
Types of licenses to operate in Curacao
There are 4 brands of Curacao licenses, each of which is granted by a separate licensing authority. Actual differences between the licensing terms of these companies are minimal, as each licensor operates within the terms and laws set forth by the Curacao Gaming Control Board, the country’s top regulator. As an iGaming operator or software provider, you can obtain an iGaming operating license from one of the following companies:
Cyberluck Curacao NV (Curacao-eGaming) #1668/JAZ
Game Curacao (GC) #365/JAZ
Curacao Interactive Licensing NV (CIL) #5536/JAZ
Antillephone NV #8048/JAZ
After you have obtained a license to provide online gambling services from one of these licensing bodies, it will monitor your compliance with all the terms of the contract. Violation of license terms may result in warnings, penalties, or license revocation.
Video Game Products Covered by the Curacao License
Once you have decided on a specific licensing authority, you need to determine what type of Curacao license you need. You may obtain a license to sell iGaming software or to operate in certain jurisdictions, online casinos and/or sportsbooks. Knowing the exact type you need is important as license fees can vary greatly depending on its type.
B2C and B2B licenses
There is no single iGaming license that can cover all types of services you can offer in the iGaming industry. For example, software developers that provide online gambling platforms or original gaming content to operators need a B2B (business-to-business) license to provide such services. However, if you are running a casino brand, you will need a B2C (Business-to-Consumer) license to offer online gaming services to players.
Master License and Sublicense
There are at least two types of iGaming licenses in terms of the powers granted to you. The aforementioned licensing companies are master licensors, which means they have the authority to grant sublicenses that are granted individually to specific websites. However, if you hold a master license, you can sublicense your brand as a master licensor.
Online Casino and Sports Betting License
As already mentioned, no single license grants you complete freedom of operation. Some licenses can only cover online casinos as a product. Others are only good for running sportsbooks or online lotteries. Naturally, some premium licenses allow operators to operate a multi-product brand that offers casino games and sports betting. Therefore, you should always plan ahead for the type of license you will need to run your business.
Curacao Licensing Country
As a Curacao licensee, you can offer online gaming services to any country where gambling is unrestricted and does not require any additional licenses to operate. In fact, the Curacao iGaming License allows online casino brands to offer their services to most of the world. You can specify a list of countries in which you can conduct game business from your master licensor.
How to Get a Curacao Gambling License
To obtain a Curacao license to provide online gaming services, you need to submit an application to one of the 4 main licensing companies. Please note that all copies of documents must be in English or should be accompanied by a certified English translation, according to local requirements. The list of core documents required for the application is:
photocopy of passport;
utility bills;
Certificate of Good Conduct;
CV (or CV);
Original banker reference (your client history should be more than 2 years old);
Reference letter written by a lawyer or accountant (your client history should be more than 2 years);
the specifications of the iGaming software that you will use;
Proof of domain name ownership;
Terms and Conditions, Privacy Policy, KYC, and other legal pages of your website.
The time required for your application and processing of documents is approximately 7 to 10 weeks. Compared to other international licensing agencies, the licensing application process in Curacao can be said to be relatively short. So actually, the Curacao license is one of the fastest solutions in the gaming industry.
Curacao Gaming License Fees
For those applying for a license for the first time, the price of a Curacao gaming license will include the application price and the annual license fee. The license is valid for 5 years, after which you will need to complete a license validation process that involves a full audit of your brand.
The price of a license may vary depending on the master licensor you choose and the type of license you are applying for. Generally speaking, the Curacao license is considered one of the mid-range licenses in terms of price. It is one of the most affordable solutions for iGaming businesses and has often proven to be ideal for businesses of all sizes and types.
How to Verify Curacao Gaming License
Curacao eGaming license verification can be easily done by visiting the official website of the master licensing body. If you’re visiting an online casino brand that holds a Curacao license, you’ll find one of the licensing body’s distinctive logos in the footer of the casino’s website. If the license is genuine, the link will direct you to the website of the licensing authority. More specifically – to the separate Curacao license check page which will provide the authenticity of the issued license.
