Features of Curacao Casinos
As we mentioned, one of the things you can expect when a new casino drops onto the scene is that it’s more than likely going to be licensed with Curacao. Curacao online casinos also accept a huge number of countries and players from around the world; however, one of the few exceptions to this is UK players, who are prevented from accessing their sites due to regulatory issues.
Curacao licensed casinos also give players the chance to remain anonymous through the payment options they offer. These options include cryptocurrencies, which means players never need to input any of their own personal data. Finally, these sites tend to offer a wide range of games, coupled with utilising some of the best software providers in the industry – thus ensuring a good gaming platform is offered.
The license is common for gambling and bingo sites not on Gamstop, which makes it one of the more common licenses for non-UK casinos.
- Players from around the world can access these casinos
- Thousands of games are offered
- UK players cannot join
How to get a Curacao license
Getting a Curacao license is actually one of the easier licenses to get for operators, which is why it’s such a common option despite its slightly lower standing in the world of online casinos. However, there’s actually only one license, the Master License, that is offered under the CIGA to Curacao gambling casinos. There are only four organisations holding this license and it is these entities that provide further licensing.
Master license holders are the only way to get the sublicense, which is the license directly applied to casino operators, affiliate sites and so on. The Curacao license is a simple one for all processes, so there are no different options depending on whether the casino is a betting site or a casino. This makes it a lot easier to apply for and obtain.
The requirements are not that strict for this license. Companies need to be integrated with a local company from the island if they apply for a sublicense. They also need to have physical hardware present on the island and operate a local bank account. There must be a detailed business plan in place alongside evidence that this plan can be financially supported. Lastly, there must be clear criminal records.
Countries that can play
One of the big plus points for any operator obtaining a Curacao casino license is the fact that this license enables players from around the world to join. There are very few countries that are restricted, with the UK being one of them. Countries like Canada and Australia can access these sites, though there is the need for further local licenses with regards to payments.
How much does a Curacao gambling license cost?
Another thing that stands in favour of Curacao licenses is their cost. Not only is this a fast license to get hold of, but it’s also one of the cheaper options out there. For instance, the sublicense fees are usually between $4000 to $5000 per year. There’s also an additional one-off fee that applicants must pay when they submit their initial proposal for the license.
There are other costs that come in too though. These include e-zone application costs, which is an annual payment, fees for becoming a local company (the incorporation and management of said company) and even the costs of hosting the site. In total, a Curacao license can end up being around $20,000 to $30,000, but this is still significantly less than other jurisdictions, making it worthwhile.
- $5000 per year
- Submission fee
- Hardware fees
- Can be up to $30,000 in total
Are these casinos trustworthy?
Trust is one of the most important aspects when playing online, and is the biggest sticking point when playing at Curacao licensed casino sites. For many years, this jurisdiction has been plagued by controversy, particularly with regards to money laundering and pirate games that surfaced on a number of Curacao licensed sites. However, in recent years, the jurisdiction has taken steps to improve in these areas.
While they have cleaned up their act in many areas, the Curacao license is still one of the easiest to obtain when compared to other licensing jurisdictions. In addition to this, they have a hands-off approach to the way they operate, meaning players who run into problems should not expect any assistance from this governing body and leading to issues of reliability across the board.
Payment methods at Curacao casinos
One of the stronger areas of casinos licensed with Curacao comes in the form of the payment methods that are used. Most of these sites will use some of the most reliable and trusted payment methods out there. These include eWallets such as Skrill, Neteller and more. In fact, there is a need for casinos to provide Proof of Investment when getting a Curacao license.
However, the issue arises when taking a look at the countries that are targeted for this. As we mentioned, both Australia and Canada require PSP licenses, with banks actually blocking payments from some of these countries, which is why Australians in particular often run into issues when playing at a Curacao site. Many sites have subsequently turned to cryptocurrencies to circumvent some of these issues.
- Offer a wide range of payment options
- Players can use crytocurrencies such as bitcoin
Software providers at Curacao casinos
When it comes to the actual gaming side of playing at Curacao casinos, this is where things get really good. Most of these casinos use games by some of the top providers in the industry, including the likes of Microgaming and NetEnt. However, there is the issue that some of these games suffer from jurisdictional restrictions – again Australians fall foul of this and are unable to access the full game range.
There are some Curacao sites that can still be found to offer NetEnt games in countries where these games are restricted. However, as a general rule, players who find such a casino should avoid using it. Curacao casinos will also use a number of lesser-known software providers, such as BGaming and SoftSwiss, in providing their cryptocurrency options – which does mean more games are available.
One of the great things about Curacao casinos is their wide number of software providers. This does mean that there is a huge number of slot games to be accessed. One of the more popular providers utilised by Curacao casino is Real Time Gaming, who offers a tonne of exciting, fair games that aren’t commonly seen at other sites. Players can still access top slots like Book of Dead.
Other game options
The game options don’t stop at slots though. Usually, players will find that Curacao casinos offer a comprehensive selection of games. This will include the more traditional virtual table game options complete with a wide number of features, as well as players being able to access well-rounded live dealer games. Similar to other jurisdictions, it’s a case of looking through the game library to see the full selection.
Pros and Cons
While there are some issues, there are good points to Curacao sites too. One of the biggest is the fact that they accept players from around the world. They also offer pretty favourable taxes due to their location on a Caribbean island. Curacao licenses are easy to get hold of too, and there are few legal restrictions in place, which means a more free-flowing game experience.
However, these sites do tend to have a bad reputation on an international scale and players choosing to participate do so at their own risk. There is no way of getting help from the licensing body if things do go wrong. Money is always a big factor in these sites, and as such, there are still fraudulent goings-on to be found, though there is a clean up in progress.
Final thoughts on Curacao casinos
Curacao casinos offer players a wealth of games, coupled with some pretty exciting bonuses options. The fact that they’re available to players around the world also helps to make them a rather enticing place to join in. However, players do need to be aware of the security and trustworthiness issues that come along with playing at one of these sites before making the final commitment. Many of the casinos not licensed in the UK have a Curacao-license.
With Curacao cleaning up its act with regards to their licensing, these sites look to have a promising future. As these sites have such good software and payment options in place, a little more in the way of restrictions might actually help to tighten things up and make the process safer and more secure. Let’s not forget, though, there are still some great Curacao casinos out there that we recommend.