Curacao is one of the island that make up the Dutch Caribbean
(formerly known as the Netherlands Antilles). It’s one of the
oldest running online gambling regulators and as such is a
fairly well-known e-gaming regulator.
Any casino that displays the Curacao eGaming license on its
website has been through the initial investigation process and
is regularly audited by Curacao authorities.
App Licensing Fees
For your convenience, you can make secure payments 24 hours a day, seven days a week when doing a variety of business with ADG. For example, you can use the online payment portal to pay Racing Division licensing fees, Boxing & MMA licensing fees, Gaming vendor certification fees, and others. License Fees and Tax Rate Schedule. Already licensed at three locations or having firm commitments to place machines at three licensed locations upon licensing. The annual fee is $500 (NRS 463.3855). Operator of an Inter-Casino Linked System License.
Advantages of a Curacao eGaming License
Many gambling operators have chosen to make Curacao their
home due to its favorable tax laws and relatively quick and
inexpensive licensing procedure. Curacao charges a tax of just
2% on net profits and does not put up massive barriers to entry
for potential operators. If you have the cash and a legitimate
casino, you’ll probably be approved.
The fees for a “master” gambling license in Curacao include a
60,000 ANG (or about $34,000) setup fee and then 10,000 ANG
(about $5,600) per month for the first two years. After that,
the operator can negotiate with the government of Curacao for
fees going forward.
Nj Casino Employee Registration License
Master license holders are allowed to grant sub-licenses to
anyone. A sub-license comes with all the benefits of a master
license other than being able to lease out sub-licenses.
However, the master license holder is responsible for all
activities of all sub-license holders.
There are a number of master license holders that offer
packages to new entrants in the gambling market. They offer
complete solutions including a sub-license, business license,
hosting and other services for a fee that is often cheaper for
new entrants than trying to do it all alone.
Curacao is also attractive for the simplicity of its gambling
laws. Only one license is needed for any type of gambling
operation. It doesn’t matter if you run a casino, a sportsbook,
or a website that does it all; one license is all that’s needed.
The process for getting a license in Curacao is significantly
easier than dealing with the UK Gambling Commission or most
other licensing agencies in which there are multiple types of
licenses, fees that go into the hundreds of thousands of dollars,
and application processes so complicated that lawyers must be
hired.
In addition to licensing and regulation, Curacao eGaming
provides technical and financial support for the online gambling
industry. Some of these services include dedicated services,
private cloud servers, international finance, and help with other
matters related to running an online casino.
Disadvantages
The greatest disadvantage of a license from Curacao is that
it doesn’t have much meaning. Just about anyone serious about
starting a gambling site can afford the fees and make it through
the initial investigation. As long as you have the cash and a
fair casino, you’re pretty much in.
Players are well aware that the licensing standards in places
like Curacao don’t mean much compared to licenses from other,
more discerning jurisdictions. Casinos licensed by Curacao have
suddenly gone rogue, stolen money, and disappeared. Curacao doesn’t intervene in disputes between players and operators. From
the player’s point of view, a license from Curacao is
meaningless.
Of course, there are plenty of safe and respectable gambling
sites licensed in Curacao. It’s a safe, legal place to establish
an online casino. However, casinos located in Curacao must build
their own reputations the old-fashioned way. A license from
Curacao isn’t the quick ticket to trust.
If you do run into any trouble with their licensing or have
any specific questions that aren’t answered here you can contact
them any time. They make it pretty easy to get in touch with
them through phone or email. Also for more information on what
they are all about you can visit their website as well. All of
their information is below:
- Website:
http://www.curacao-egaming.com/ - E-Mail:[email protected]
- Phone: +5999 465 1134
Malta has one of the more popular licensing authorities for
online gambling in Europe. The island is located in the
Mediterranean and is a full member of the EU. The country first
started regulating online gaming in 2000 via the Public Lotto
Ordinance. Malta then joined the EU in 2004 and thereby became
the first EU member state to regulate online gambling.
Today, all forms of gaming in Malta are regulated by the
Lottery and Gaming Authorities (LGA) under the Remote Gaming
Regulations, 2004. Malta appears to be one of the safer
licensing authorities in the world due to its strict standards
for gambling sites and status as a full member of the EU.
However, that hasn’t always proven to be the case in reality.
Is This a Legitimate Licensing Authority?
A license from Malta doesn’t mean much from the player’s
point of view. The LGA does appear to have strict licensing
standards, but only in theory. In practice, the LGA awards
licenses to operators fairly easily, and it doesn’t follow up on
many of the published safety standards required by the LGA.
Experienced gamblers look at a license from Malta as no big
deal. There have been numerous cases in which companies licensed
by Malta have confiscated player funds and refused to work with
players to have those funds returned.
Malta doesn’t involve itself in casino-player disputes. It
maintains the right to revoke licenses, but it does not seem to
follow through with much action when things go poorly.
On the other hand, a license from Malta isn’t a stamp of
death. PokerStars is the safest and most respected poker site on
the planet and it does have a license from Malta. The catch is that
PokerStars lives up to high standards of its own accord, and not
because of anything Malta does.
If you’re considering playing at a site licensed in Malta,
your best bet would be to continue to do your research. There
are both good and bad gambling sites registered under this
authority. You’ll have to let each site’s reputation speak for
itself. A license from Malta isn’t in itself a guarantee of
quality or lack thereof.
Licensing Process and Fees
There are four different types of licenses a gambling company
can apply for in Malta. The initial application fees aren’t
terribly expensive, but Malta does charge ongoing fees that add
up. With upwards of 500 sites licensed by Malta, these fees add
up to a significant source of income for Malta. The most recent
reports we could dig up indicate Malta earns roughly €50 million
per year from its licensing activities.
Below are the four types of licenses and their associated
fees. Note that all licenses incur an initial application fee of
€2,330, a system audit fee of €1,770 and an annual license fee
of €8,500 in addition to the following fees for each type of
license.
There’s also a cap of €466,000 per year in total taxes and
fees for any one license.
Class 1 License
A Class 1 license is issued to sites that have casino-style
games such as blackjack, roulette, and slots.
- €4,660 for the first six months
- €7,000 per month after that
Class 2 License
A Class 2 license is given to operators who manage sports
betting types of wagers that include a vigorish/juice.
- 0.5% tax on total gross amount of bets placed
Class 3 License
Dmv License Fees
A Class 3 license is issued to operators who take a
commission on peer-to-peer bets such as poker, bingo, betting
exchanges, and lotteries.
- 5% of total real income
Class 4 License
A Class 4 license is issued to those who manage and host
gaming operations. For example, software providers who manage
the games/bets but aren’t actually involved in taking bets for
their own profit.
- No fee for the first six months
- €2,330 for the next six months
- €4,660 per month thereafter
If you have more questions or concerns about the different
types of licenses or fees you can always visit thie website or
contact them by phone or email. Below is all the contact
information for the Lottery and Gaming Authorities in Malta:
Song Licensing Fees
- Website:http://www.lga.org.mt/
- E-Mail:[email protected]
- Phone: +356 2546 9000