Caribbean White Label Casino Hub
Curaçao is a beautiful island in the Caribbean Sea, the part of the Kingdom of the Netherlands. The state of Curaçao has a long and successful relationship with the gambling business. The gambling industry on the island dates back to 1993 when the national gambling ordinance came into force. Just three years after that, in 1996, the island authorities start issuing gambling licenses. Low taxes, a fast-growing iGaming sphere, high-quality infrastructure, that’s all allowed Curaçao to become an ideal offshore hub for gambling business, as well as one of the most popular and respected jurisdictions for white label online casino licenses. On this island, there are almost all conditions to create your own white label casino.
How to get a license for casino developers?
Casino developers approach the island of Curaçao around the world to promote their gambling business. It’s hard to obtain a license. There are two types of licenses: basic and sublicenses. In the case of the basic license, the Minister of Justice is personally in charge of deciding on its issuance. In turn, holders of basic licenses have the right to issue an unlimited number of sublicenses at their discretion. The basic license is issued once every 5 years, the sublicense is in turn tied to the owner of the basic license. Since 1996 there have been and still are only 4 base license holders, hence all online casino operators, can probably only hope to get a sublicense.
Receiving a gaming license from Curaçao is quite a complicated process, although the requirements vary depending on the holder of the basic license. So what does one need to provide to obtain this license? Developers of online casinos need to prove their level of trustworthiness and seriousness of their intentions in this business, as well as gather the necessary list of documents. In simple words, you should be an organization with a clear income and a reputation of a serious business partner. Sometimes, even the smallest detail can be a reason for the refusal in receiving the license, so be careful and check all the documents thoroughly.
The process of applying for a license consists of several stages, the first of which is the registration of a business organization on the island of Curaçao. Next, you are required to gather the entire list of necessary documents, submit an application, and pay the fees. Next, the organization with the basic license to which you have applied comes into play. It is up to them to deny or approve your application. If all the requirements are met, and your case is successfully reviewed, you can start your white-label online casino.
Gambling business development in the Caribbean islands
The iGaming business is evolving on the island every year. Hundreds of new players appear on the market, they are ready to offer advanced types of gambling. The range does not consist only of poker rooms, online slots and table games. Providers are releasing various sweepstakes solutions and betting services with progressive jackpot systems. All these innovations tell us that the gambling business does not stand still. The casino software and the demands of the players move with the times and bring more and more profit to the casino developer, Sunny Caribbean is one of the global iGaming hubs. And the Curaçao license is a mark of quality in the world of casino productions.
Conclusion
Gambling establishments licensed from the island of Curaçao have quite strong advantages compared to their competitors. It is security, the ability to conduct gambling business legally, and a guarantor of reliability in the view of gamblers. Having a license right away makes your business attractive in the eyes of partners and software providers. The license of the island paves the way to the possibility of opening a fully legal iGaming white label establishment. Of course, it is not a guarantee of 100% honesty of the organization, but it has become part of the ecosystem of the gambling business. Whether to get it, or not, is up to you to decide. We have tried to tell you about the advantages and downsides of this license, as well as how to get a gaming license in Curaçao in 2022.