Curaçao Announces New Fee Structure for Online Gaming Licenses

Curaçao is making significant strides in revamping its online gaming license regulation, moving away from the Ministry of Finance's direct oversight. The establishment of the Curaçao Gaming Control Board (GCB) in 2020 marked the beginning of this transition.
Curaçao Announces New Fee Structure for Online Gaming Licenses

Updated Licensing Fees and Categories

Curaçao has introduced a new fee schedule for online gaming licenses in line with these changes, differentiating between Business-to-Business (B2B) and Business-to-Customer (B2C) licenses. This new classification came into effect on November 15.

Details of the B2C License Fees

The B2C license encompasses platforms engaging in daily B2C transactions, and companies handling player funds and data carry a total first-year operational cost of €54,050. This includes:

  • €4,600 for the application
  • €24,600 as an annual fee
  • €2,050 as a monthly charge
  • €250 per domain

In contrast to the previous policy, where a single license could cover up to 40 domains, the new regulation aims to transition existing licenses to these updated categories. For the B2B sector, the licensing fees include a €4,600 application charge and a €24,600 annual fee.

Aiming for Stricter Regulation

These changes are part of the National Ordinance for Games of Chance (LOK) legislation, which is currently under Parliamentary review. This law intends to establish more stringent entry barriers for regulators, addressing past criticisms of the laxity in license issuance. The overarching goal is to mitigate concerns in countries where operators with Curaçao licenses are active, particularly in territories like the US where they are deemed unregulated.

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