Any online casino with a Curacao eGaming license is regularly scrutinized. The island of Curacao is one of the most trusted authorities with over 25 years of experience in online gambling. Here are the benefits and drawbacks of this gambling jurisdiction.
Pros
- Cutting-edge technology
- Best-known casino games
- A wide spectrum of e-betting services
- Lifetime validity
- Tax benefits
- Additional technical and financial support
Curacao boasts some of the fastest internet connectivities and advanced IT infrastructure in the western hemisphere. This is facilitated by numerous submarine optic fiber cables, direct satellites, and a level 4 data center.
The economy highly depends on fintech and financial services, and that's why the country invests in decent infrastructure. Online casinos hosted in Curacao do not have web hosting issues.
Curacao eGaming holds world-renowned names for virtual games and esports. Through Curacao's licensing and sub-licensing system, online gambling platforms enjoy a broad range of betting services.
With a master license, a casino has the right to sub-license e-games to other providers. This has created a vast network of operators covering online casinos, gaming software, poker, sportsbooks, and so on.
The best part of the Curacao eGaming license is that it works indefinitely. After the acquisition process, which can take 45 days, the recipient can use it for a lifetime. It is also easier to get than applying for a license from the UK Gambling Commission. Moreover, the licensee enjoys a reduction in corporate income tax by 2% until 2026. Luckily, the VAT rate for all casinos operating under Curacao eGaming is 0%.
Besides regulating gambling sites, Curacao eGaming offers financial and technical assistance. The services include international finance, private cloud services, and dedicated services.
Cons
- No intervention in case of disputes between players and gaming providers
- Not necessarily a ticket to trust
Gamblers must know that Curacao jurisdiction does not solve disagreements between gambling operators and players. Players should do their due diligence before signing up at any online casino.
While many reputable gambling websites have a Curacao eGaming license, it doesn't mean they are 100% trustworthy.