In this article, we are going to examine the pros and cons of trying your luck at Curaçao online casinos, as well as cover a few key issues you need to be aware of and some frequently asked questions related to the sites that come up time and time again.
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Advantages With Curaçao Casinos
There are several advantages associated with playing on Curacao-licensed online casino sites, with one of the most fundamental being that they tend to be open to players based across the world. This means that regardless of where you are, you should be able to log on and enjoy the action available on a Curaçao casino.
Furthermore, you will find a host of exciting gaming options on offer at Curaçao online casinos, with everything from slots to table games, bingo and even live casino options being available. If you have a favourite games developer there is a high likelihood that you will find their work on these domains too.
Such sites are also often linked with having fewer legal restrictions, while some even allow players to remain anonymous as they play. A few of them are also known to accept cryptocurrencies, which may be a big boost if you have invested in Bitcoin or other digital forms of currency as they have edged towards the mainstream in recent years.
Things to Be Aware of With Curaçao Casinos
However, while there may be some perceived benefits to playing on online casinos licensed in Curacao, there are a few key issues you should bear in mind when doing so.
First up, it is generally regarded that the process for being licensed by Curaçao eGaming is relatively straightforward, which means there are still some concerns over whether all of the sites granted approval can actually be trusted. However, the jurisdiction is very popular due to the fact that businesses that establish themselves there get to enjoy significant tax benefits.
Is Non-Gamstop Gambling Tax-Free?
As we just touched upon, online casino sites operating with a Curaçao license get to enjoy some significant tax benefits, with operators only facing a tax rate of 2% on any net profits they make through their efforts.
This is why the region is so hugely attractive to many companies – and that may, in theory, give them the opportunity to develop and create more favourable deals and promotions for their players.
Payment Methods on Curaçao Casinos – Limitless Deposits?
But if you’re opting to enjoy casino gaming on a site registered in Curacao, what kind of payment methods can you expect to see on offer? A host of different deposit options tend to be available across the leading sites, with many of them also being viable withdrawal methods too.
However, one of the key differences you may see with Curaçao online casinos is that such sites do not tend to feature any restrictions on deposits. This is in contrast to licensed UK casinos which may feature some maximum limit on the amount you can add to your account.
Curacao online casinos also tend to support a range of different payment methods, from traditional banking services like Visa, Mastercard and Maestro to online services such as Skrill, Neteller and Paysafecard. As we have already touched upon, some even go so far as to support cryptocurrency processing through services such as CoinsPaid.
What is a Curaçao Casino?
So while we have given you a basic overview of what you can expect from using Curaçao online casinos, our next focus will be on what it actually means for a site to be referred to in that manner.
On a fundamental level, a Curaçao online casino is a website which offers gaming services and is fully licensed to do so under the approval of Curaçao eGaming – the licensing authority for that jurisdiction. It is widely accepted that Curacao-licensed casinos will accept players from almost anywhere in the world.
Gambling License Requirements
While Curaçao online casinos are not thought to be subject to the same level of scrutiny as sites operating in other countries, they do still need to meet some specific requirements to become licensed.
For example, an online casino operator has to have a presence and physical hardware on the actual Caribbean island, while it should also support a range of payment methods. Other issues that need to be checked include criminal records and plans on how the operator intends to tackle matters such as responsible gaming.
How and Where to Get a License
E-Gaming licenses are granted by the Justice Minister of Curaçao via the official online licensing authority known as CIGA – or the Curacao Internet Gaming Association.
These authorities primarily provide Master Licenses and just four organizations – Antillephone NV, Curacao Interactive Licensing NV, Gaming Curaçao and Cyberluck Curacao NV – currently hold them. In order to get approval to ultimately operate, new online casino sites, therefore, have to apply for a sublicense from any of those four bodies. If successful, such operators get many of the same rights as those with a Master License.
Only one form of license currently exists in Curacao, so there is very much a one-size-fits-all approach to getting approval for providing gambling services.
What Countries Can Play On Curaçao Casinos?
Online casinos which have been licensed by authorities in Curaçao are able to operate across a number of countries, although there are some notable restrictions. For instance, they are unable to operate in the USA, the UK and Netherlands alongside a few others.
Furthermore, although the license may be accepted in other countries, the operator may still have to secure a local license for PSPs – or payment service providers.
How Much Does a Curaçao Gambling License Cost?
Applying for a Curaçao gaming license is not hugely expensive when compared to applications for other jurisdictions. Some estimates suggest the total cost lies somewhere in the region of the $30,000 to $35,000 mark, with this including sub-license fees, the cost of submitting a proposal and other additional fees related to matters such as setting up a local business.
While that may seem quite large to some, bear in mind that Curaçao offers favourable tax benefits to operators within its region. As already touched upon, there is a tax rate of just 2% on net profits at the time of writing and this could offer significant long-term benefits to many operators as they look to grow and develop their offering.
Is It Safe and Trustworthy to Play On a Curaçao Licensed Casino?
This is not necessarily a straightforward question to answer. Many doubts and concerns have been raised about services operating out of Curaçao in the past, while we have already mentioned the fact that the approval process that operators go through to secure a license is not quite as strict as those seen in other leading jurisdictions.
Furthermore, the lack of a body like the UK Gambling Commission overseeing activity means players have less protection than they would if enjoying games on sites linked to that authority.
However, it is worth bearing in mind that Curaçao sites do indeed have to at least meet some basic criteria, while it should be hoped that lessons have been learned from the problems that have been linked to the area in the past. Ultimately, the best approach to the issue may simply be to do your own research into specific sites and opt for one which you feel offers everything you would hope for and expect.
Comparison: Curacao-Licensed Operator vs. UKGC-Licensed Operator
To put the key differences between casino sites operating in Curaçao and the UK into sharp focus, it is well worth contrasting and comparing what they offer.
UK Gambling Commission-licensed sites have to meet strict criteria in order to operate, while every effort is also made to ensure that only games from reputable providers are on offer. A wide array of different payment methods which are proven to be safe and secure are also supported by such sites, while they also have a strong track record on anti-money laundering practices.
In contrast, as we have already touched upon there have been concerns raised in the past regarding the legitimacy of some Curaçao online casino services, while other concerns have emerged on issues such as pirated games. However, such sites tend to accept players from a huge number of countries across the globe and are also flexible on payment options, with some notably supporting cryptocurrencies.
FAQ on Non-Gamstop Casinos in Curacao
What Does It Mean 'To Play On a Curaçao Casino'?
Playing on a Curaçao online casino means accessing a range of games from slots to live casino titles via a website which is licensed by authorities in Curaçao to offer such services.
I Am From The UK, Can I Play On All Curacao-Based Casinos?
UK online casino players can legally access any casinos which are licensed by the UK Gambling Commission – including those which also hold a license related to Curacao. As such, if you want to benefit from the protections provided by the UKGC, you should opt for Curaçao casinos which also carry that license.
Can I Deposit As Much As I Want?
This may ultimately be dependent on the site that you opt to play on. While some sites may feature a maximum limit on the amount that can be deposited, others may be less stringent when it comes to the issue.
Are All Curaçao Casinos Safe?
While a great number of online casino sites which are licensed by authorities in Curaçao are completely safe, you should still take care when researching and picking sites to play on. With more relaxed licensing criteria, there have been instances when some less trustworthy providers have slipped through the net.
What Is The Best Curaçao Based Casino?
As with many things in life, picking the right online casino site often comes down to personal preference. With that in mind, there is no outright best site and you should do your research to find the one that works best for you.
Are There Many New Curaçao Casinos to Try Out?
Exciting new operators licensed by authorities in Curaçao are emerging all of the time, so we would suggest that you keep an eye out to see which up and coming sites could be the next big thing in the online casino world.
How Much Bonus Can I Get When I Deposit For The First Time?
Again, the answer to this question ultimately depends on the site that you pick to play on. Curaçao online casinos feature a range of different promotions and offers, so take a look at the range of bonuses that are provided and select the one that suits you.
Can I Play All of the Slots I’m Used to From UK-Based Online Casinos?
Most sites with a Curaçao license tend to feature titles from a range of leading developers involved in the online casino world. With that in mind, you should find many familiar slot games and other experiences on Curaçao sites that you may have already enjoyed on UK-based platforms.
