While most people would have trouble finding Curacao on a map, most online casino players on the other hand will have played at an online casino that is regulated by the authorities of this small country. Based in the Dutch Antilles, they are one of the oldest gambling jurisdictions, established in 1996 and an online gambling regulator since 2002. In 2002 the regulation of online gaming was decentralized from the old Curacao Gaming Control. Many of the worlds most famous operators have their business of operations centred in Curacao.
The government of Curacao operates what is known as an e-zone in which companies that offer e-commerce activities are permitted to operate. This comes with various benefits, most notably an extremely favourable rate of tax on many different aspects of normal business.
The type of licenses available from the Curacao eGaming Licensing Authority
There is only one type of license available from the Curacao eGaming Licensing Authority. This license covers all different manner of games of chance, all the different types of sports betting and games of skill. As indeed there is only one type of license, it also covers gaming software developers and the physical products from operators. Contrary to how it works in most jurisdictions, Curacao actually requires you to host your primary online servers outside of their country.
The Official Seal of the Curacao eGaming Licensing Authority
All gambling products that have licenses from Curacao are obliged by the regulatory body to display its official licensing seal. This is a sign to consumers that the operator in question is fully compliant with all regulations and that they operate legally form the governments specially designated e-zone and that they comply with all jurisdictional legislation and processes.
How the casinos are regulated by the Curacao eGaming Licensing Authority
Today there are literally hundreds of online casinos regulated by the government of Curacao. They as online casino operators must ensure that players are all of legal gambling age and are not using fraudulent identities to play. Casino operators are bound by law to obtain photographic identification prior to withdrawal of any winnings, ensuring that they are of legal age and also that there is no evidence of fraud or money laundering by potentially high risk players.
The Curacao eGaming Licensing Authority and CIGA
CIGA or the Curacao Internet Gambling Association is specially tasked with monitoring online gambling in Curacao. They work primarily as representatives of members to the government and are the voice of local operators when it comes to policies, legalities and licensing requirements. CIGA members are regulated by the Curacao eGaming Licensing Authority and as such must ensure laws such as protection against underage gambling are not broken.