The famous Curaçao egaming gambling license
First, Curaçao is an island in the southern Caribbean that is part of the Kingdom of the Netherlands, which also includes the Netherlands, Aruba, Curaçao, and Sint Maarten. Curaçao is well known for its coves and vast coral reefs, home to abundant marine life. However, the island is also famous for other things, such as its namesake alcoholic beverage.
Today, Madness Bonus isn’t here to talk about beaches or cocktails but rather about the Curaçao eGaming license, which is undoubtedly the most widely used online casino gaming license in Europe.
Casinos with a Curaçao egaming license
Many, if not nearly all, casinos available in Europe are regulated under Curaçao law. But why have most online casinos chosen the gambling license from this southern Caribbean island?
AmunRa: 100% bonus up to $CAD 750 and 200 free spins
AmunRa is an online casino founded in 2020. It is operated by Rabidi n.v., which runs several other gaming platforms. AmunRa holds a Curaçao egaming license, making it a reliable and secure option.
Enjoy an excellent welcome bonus, an extensive game library, various promotions, fast payouts, and highly efficient customer support.
100%
up to 750 CAD
200
Free Spins
x35
Wager
5Gringos: 100% up to $CAD 750 + 100 free spins
The gaming site 5Gringos was launched in 2020 and is operated by Rabidi n.v. Like Tortuga, the platform is regulated under the well-known Curaçao egaming license.
In addition to being reliable and secure, 5Gringos offers a great selection of welcome bonuses, numerous features, and a game library with titles from various providers.
100%
up to 750 CAD
1
Crab Bonus
x35
Wager
Viggoslots: 100% up to CAD 600 + 170 free spins
Viggoslots is an online casino launched in 2019. It is operated by the industry giant Mountberg, which owns numerous casinos across Europe. Additionally, it operates under a Curaçao egaming license, ensuring a trusted, reliable, and secure platform.
On this platform, you can enjoy a great welcome bonus, high monthly withdrawal limits, weekly cashback, and a library of over 2,400 games.
100%
up to 1 000 CAD
170
Free Spins
-
Wager
What are the advantages of holding this gambling license?
The Curaçao egaming license covers multiple gambling sectors, including online casinos, stock markets, lotteries, games of chance, skill-based games, sports events, and esports. This is an advantage compared to some other gambling licenses that do not cover all these areas, allowing customers to stay informed more easily.
This regulatory body helps combat fraud, which is common in the online gambling sector. When registering at an online casino, you can check its licensing status by looking for the license logo or registration statement, usually found at the bottom of the casino’s website. This provides real-time information about the casino’s license status.
A casino’s license status can be:
- Valid
- Unknown status
- Invalid
Depending on the status, you may need to take certain precautions before playing.
How to obtain a Curaçao egaming license?
The Curaçao gambling license is one of the oldest in the industry, established in 1996. For 26 years, it has provided reliable services in the world of online gambling. But how can you obtain this well-known gaming license?
Compared to other licenses, obtaining this one is not overly complicated. However, there are specific criteria that must be met for approval:
- The business must be registered on the island.
- Investment in Curaçao is required, either in physical assets or at least a client database.
- A local bank account must be held, especially for online casinos.
- Investment in various payment solutions and electronic wallets is needed.
- Compliance with kyc (know your customer) regulations is mandatory, ensuring measures against money laundering and underage gambling.
- A clean criminal record is required.
- Proof of sufficient capital must be provided.
- A valid beneficiary registry must be maintained.
As for the cost of the license, information varies online. However, based on research, it is estimated that at least $11,000 is needed to obtain the license for the first two years of operation.
Why do casinos prefer the Curaçao license?
The Curaçao license allows online gaming platforms to obtain a gambling license quickly and at the lowest possible cost. Its acquisition involves fewer formalities compared to others. For example, the UKGC (united kingdom gambling commission) is much stricter, more expensive, and has a significantly longer approval process.
Additionally, the Curaçao license offers a low tax rate and a 0% vat, which is a major advantage for operators. This enables them to reinvest funds that would have gone to taxes back into their business. Finally, as previously mentioned, this license covers multiple gambling sectors.
Online casinos operating with a Curaçao gambling license
Here are other online casinos that operate under a Curaçao gambling license:
- Wild Sultan: 100% up to CAD 750 + 20 free spins
- Stakes: 200% up to CAD 750 + 50 free spins
- Casinozer: 100% up to CAD 750 + 50 free spins
- Betify: 100% up to CAD 750
