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Acquiring a Curacao Online Gaming License, 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed

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    Report

  • 18 Pages
  • July 2024
  • Data40
  • ID: 5987104

This report includes valuable insights into the financial and procedural aspects, including detailed information on costs and timelines associated with acquiring a Curacao license.

Short Insights

  • In 2023, Curacao introduced the "Landsverordening op de kansspelen" (Ordinance on Games of Chance) to modernize and regulate gambling legislation;
  • As of March 2020, the Gambling Control Board (GCB) has been delegated authority to regulate offshore gambling games and oversee the issuance of Curacao licenses;
  • As of 2023, there are 16 companies providing legal services registration and license in the territory of Curacao;
  • The license fee is 36,000 ANG or 19,800 USD, payable upon license issuance as per GCB regulations.

Goals and Objectives

  • Describe the information about the Curacao license and the issuing regulator.
  • Describe the requirements and conditions for obtaining a Curacao license.
  • Describe the costs and timelines for obtaining a Curacao license.
  • Briefly study the market, find and suggest the following lists:
    • Legal companies offering services for company registration and obtaining a Curacao license;
    • Communication agents and integrators working with the Curacao license;
    • Suppliers and vendors working with the Curacao license;
    • Payment systems working with the Curacao license.

Research Timeline and Data Relevance

The research was conducted in two stages. The first stage, studying the regulator and Open Data Search, took place in December 2023. The second stage, writing the report and partially updating the data from the first stage, took place from the end of April to the end of May 2024.

Document Markup

  • Blue links - links to materials outside the document. They open in a new browser window.
  • Green links - links to materials within the current document. Caution! This type of link navigates within the document content. It is recommended to remember your current location in the content before clicking the link.

Raw and Combined Data

For the markup of raw data, established classifiers are used:

  • “X” - information found and/or confirmed;
  • “-” - information not found and/or not confirmed;
  • “?” - information unavailable, data reliability undetermined.

Terms & Glossary

Terms and abbreviations are used in the document. The comprehensive list of terms is provided in the "Terms and Glossary Appendix".

Table of Contents


1. Goals and Objectives
2. Research Timeline and Data Relevance
  • Document Markup
  • Raw and Combined Data
  • Terms & Glossary
3. General Information
  • The Regulator
    • Registration of Operators With Sublicense
    • Application for an Online Gaming License
4. Requirements and Conditions for Obtaining a License
  • License Conditions
    • General Prohibitions
    • Safe and Secure Environment
    • Equipment and Application Software
    • Player Registration
    • Payment Transactions
    • Games
    • Terms of Use
    • Resolution of Complaints
    • Administrative Responsibilities
    • Publicly Available Information
    • Reports
    • Policies and Procedures
    • Suspension and Revocation of License
    • Additional Conditions
    • Supervision
  • Recommendations or Minimum Requirements for the Business Plan
5. The Cost of the License6. Decision Term and the Validity of the License7. Application Method and Forms8. Contact Information9. Companies for Registration and Licensing10. Integration Companies11. Suppliers and Vendors12. Payment Systems13. META14. Appendix: Terms & Glossary

Companies Mentioned

  • Pragmatic Play
  • Evolution Gaming
  • Ezugi
  • BGaming
  • Evoplay 
  • Nuvei
  • CoinsPaid
  • WireCapital
  • Payop
  • Ikajo
  • ApcoPay
  • MerchantScout

Methodology

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