Weiss Casino No Deposit Bonus

Curacao Casinos

Curacao Casinos

Licensing is a big part of the gambling industry. Every well-known and well-respected casino needs a license. Regulatory systems, like the Curacao Gaming Authority, aim to provide a safe experience for the gambling industry. The Curacao Authority (CGA), a prominent figure in the online gaming industry, has introduced a significant change in the online gambling licensing system.


The History of the Curacao Gaming Control Board

The Curacao Gaming Control Board (GCB) is a company that was founded on April 19, 1999, to regulate the entire gaming industry that is operating in and from Curacao. Since its foundation in 1999, the Gaming Control Board has had a right to control and proceed with the regulation methods of the land-based casino industry. On December 4, 2013, Curacao planned that the GCB would become the regulatory institution for the whole gaming industry in and from Curacao since it was the original point of the Curacao Gaming Control Board.


Obtaining the Curacao gambling license

Previously, Curacao had two types of licenses. Master License and Sub-License.

B2C (Business to Consumer) Master License: This license can only be registered by the Curacao Ministry of Justice. The holder of a license can operate their gaming services and also issue sub-licenses to another entity.

B2B (Business to Business) Sub-License: Can be issued by master license holders, other than that the sub-license holders have all the same rights as the master license holders.

Howewer , the 2023 update prohibits Master License holders from issuing new sub-license, allowing only the renewal of existing ones. Now, the government register only one type of license.

The process of acquiring the Curacao gaming license, though detailed, is straightforward. It involves preparing all the necessary documents, submitting and an application for the license, and ensuring all requirements are met. The standard to register a new entity is from 2 to 3 weeks. The Curacao Gaming Control Board states that the license approval period is within a maximum of 8 weeks from submission.


Conclusion

The Curacao gambling license has become a staple of the gambling community in recent years. Many of the most popular online casinos operate under this license, and the number of licensees continues to grow. Curacao Gambling Control Board grants gamblers a safe space and an exciting experience without any worries. Regulations in the gambling industry are what makes it so successful and give it an opportunity to expand further.

All Casinos

Alev Casino Review

You are only allowed to join Alev Casino if you are 18+ years old. Terms & Conditions apply. Play responsibly. If you feel like you might be having gambling problems, please visit GambleAware.org…