Curacao Licensed Casinos – Why You Should Join Them?
If you have played at online casinos, you have probably heard of a Curacao Gaming License. However, do you know what the function of this license is and how it all works? If not, our handy article is perfect for you, and we will break down how it all operates and what you can expect from these online casinos. So, keep reading; you will better understand what to look for when joining one of these sites.
What is a Curacao license?
Curacao is a Dutch Caribbean island formerly known as the Dutch Antilles. The island has lots of history, culture and beauty. It has earned itself a name in the iGaming industry as one of the top license providers operating outside the European Union. They have years of experience licensing and managing online casinos and operating since 1999.
Сurасао Lісеnѕеd Саѕіnоѕ аrе everywhere, the license is one of the easiest to obtain, and the requirement for new operators are not as stringent as others. So, tread cautiously when you come across this license, and do your research. Most online casinos that operate under the license won’t be rogue, but unfortunately, you will find some unscrupulous sites. Best to always check Curacao-licensed Casinos reviews. Some of the most reputable iGaming services operate under this license, one of the oldest and most recognized.
The requirements for new operators are relatively simple, and they will need to supply the following to the Curacao Gaming Board:
- The applicants must hold a local bank account
- The operator must support multiple payment options
- They must present to the CGCB a comprehensive business plan
The business plan will need to be thorough. The gaming board will expect operators to adhere to certain requirements, including payment methods and customer service features.
Why you should use a curacao licensed casino
You are playing legally
We put a lot of faith in our online financial transactions and expect them to be safe and secure. The Curacao gaming licensed online casinos have procedures they must follow to provide players in over 200 countries a safe online experience when playing at one of their licensed sites. However, some countries ban online gambling entirely; a few examples are the United Arab Emirates, Cambodia and Brunei.
Some countries prohibit their residents from partaking in a site with a Curacao license. The reasons are that they have their gambling operators, including Spain, France, Germany, Belgium, Austria, Italy, Poland and the USA.
Curacao also prohibits access for its residents, and some specific countries that have agreements with Curacao will include restrictions that ban online gambling. These include the USA, the Netherlands, Dutch West Indies, France, and Australia. It is entirely up to the online casino license holder to ensure that gamblers are not accessing the site from a restricted territory.
In a nutshell, the Curacao gaming license is one of the most well-known and sought-after by new operators reading to enter the iGaming market. As a result, there will always be plenty of Curacao casinos to join.
You can trust it
Curacao has membership in the Caribbean Financial Action Task Force, which consists of 24 members across the Caribbean states. So, Curacao agreed to implement FATF guidelines. The role of the FATF is to combat global money laundering and is also a terrorism financing watchdog.
It is a respected licensing provider that puts players first. To this end, you will have a responsive customer support service you can contact via various methods. The casino operator must also provide audit trails of all customer registrations and financial dealings. As mentioned earlier, it’s one of the longest-running online iGaming regulators and therefore is well-known in the industry. Any online casino that utilizes the services and displays them on its site would have been investigated and audited.
It is one of the most widely used licenses by some of the largest online brands, including us, at 88Goals! So can you trust it? Yes, you can. Do your research and choose your online gambling site wisely. Some sites that hold this license have been known to keep players’ winnings, so always research first.
It is prestigious
The online casinos that run operations with a Curacao license can utilize more gaming providers and, therefore, a more extensive range of games for you. They also offer some of the most secure and fastest payout methods and withdrawal times. The payment methods will include crypto, bank cards, and e-wallets; each country will have some payment options available. Withdrawals are typically processed speedily. In addition, they will offer extra security features to protect your data and your money.
Reputable casino operators will permit routine software audits by outside auditors. A website’s eCogra or TST certification is a surefire indicator of a transparent and moral online operator.
Real Time Gaming, an extensive range of games optimized for your P.C. or mobile device, is a well-known gaming software in this region. However, many casinos also use software developed by market leaders like Microgaming and NetEnt. This means that Curacao casinos will provide players with a wider variety of slots, and table games, including live casinos and other games.
Offers great bonuses
Curacao-licensed casinos offer massive bonuses. So what players are looking for the most attractive bonuses with a few free spins thrown in for good measure? We have seen bonuses of up to 1000% at some sites! The reasons are simple, license fees cost money and depending on the gambling jurisdiction, they can take a significant portion of the profits. The more robust gambling licenses, such as the United Kingdom Gambling Commission or the Malta Gaming Authority, cost a lot more to run with the fees and taxes involved.
So if you play at an online casino with one of the more substantial licenses, they will offer players lower value bonuses due to the fees imposed. On the other hand, Curacao’s weaker license saves money on the costs and taxes, therefore, can offer its players more significant rewards and VIP programs. If you had to compare UK casino offers, for example, versus a Curacao-licensed casino, the UK casino would offer no more than around £200, but generally, it averages about £50. However, a Curacao casino can offer up to thousands of bonus funds to claim!
The wagering conditions vary between casinos. However, we have seen some with incredibly low wagering of x10 on bonus funds. Also, check that the Curacao licensed casino does not cap your winnings, which some unfortunately do. Wagering would be heartbreaking if you won a substantial amount and then watched your balance disappear when you completed it. So always check the bonus T&Cs for yourself and see what restrictions and limitations, if any.
How to find out if an online casino is licensed?
Any reputable online casino will prominently display license details on its main homepage at the bottom. If you cannot find it, look at the about us page or the info section. It should include the license number, the address to which the casino is registered and the company that manages the casino platform.
Look at the website
Before you sign up and become a brand-new player, do inspect the website. Is it easy to find your way around, and is everything laid out? Again, make sure the license details are displayed. Look through the selection of online slots and other casino games they provide. Is there enough and a good variety of software providers?
Visit the Curacao Licensing website
If you encounter any problems, you can visit the Curacao website at gamingcontrolcuracao.org. In addition, new updates and other helpful information can be found.
Read reviews
Reading others’ reviews of the online casinos that operate with Curacao Gaming licenses is essential. The site might be modern and well laid out. However, it could be a bad site to join. When we read reviews, there is always a mix of good and bad. Therefore, how to differentiate is critical. If there are more bad reviews and there is mention of them confiscating winnings or withholding payments, then you will want to stay clear of these sites.
Final thoughts
Any new online casinos that want to expand to new countries can do so with the Curacao gaming licence. The Curacao license adopts the same principles used by E.U. gambling laws and offers top security for gamblers worldwide.
So, the main points to consider when choosing a Curacao-licensed casino are how generous the bonuses, promotions and ongoing offers are, is your payment option available, and whether you can reach customer support service quickly. Lastly, check the reviews and if you have a good read to get a clearer picture. If the site looks legitimate, you are ready to join and take advantage of all the offers and good times you will have at one of these casinos with the Curacao license.
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