A Brief History of Curaçao and Online Gambling Regulation
Curaçao is an island in the Caribbean, which was part of the Netherland Antilles. This is a group of Dutch island territories. The Netherlands Antilles dissolved in 2010 and Curaçao gained its status as an autonomous country within the Kingdom of the Netherlands.
Curaçao gained popularity as a top place for online gambling, which is why Curaçao eGaming was set up in 1996. Its job is to regulate gambling sites which are based in Curaçao. Since then, the country has really profited from online gambling. This is mostly why there’s a tolerant attitude towards gambling here. In fact, the government promotes it as a business, and this relaxed stance has attracted many operators. To get the license, operators need to contact the Curaçao Gaming Control Board.
A Curaçao gaming license is also not hard to obtain, which is another reason why it attracts online casinos. Also, whereas other licensing bodies provide services to mediate in player disputes, Curaçao eGaming usually asks players to send their complaints directly to the casino. So, when compared to other licenses like those from the UK Gambling Commission or the Malta Gaming Authority, the Curaçao one might seem less valuable to players.
Still, Curaçao eGaming takes security seriously. Operators only get their license and can display the Curaçao logo when they pass anti-fraud tests. Also, operators still need to follow the authority’s guidelines to keep their license. This is similar to UKGC-licensed casinos. Among others, Curaçao online casinos have to follow regulation on responsible gambling and anti-money laundering.