Curacao licensed casinos not on GamStop in 2020

curacao licensed casinos not on Gamstop

When it comes to the Curacao licensed casinos, their popularity is definitely on the rise among the gamblers all across the globe. While some gamblers in the UK claim that the GamStop is limiting their gambling potential, others prefer the online casinos with Curacao license because of lucrative bonuses and promotions. Since this regulatory body is quite new in terms of its widespreadness and popularity among British players, most GB gamblers are unaware of all the merits of this regulatory body.

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Keeping in mind that the gambling community in England is still not proficient in Curacao licensing, our review team did its best in manually testing these platforms. We now have all the relevant insights regarding the Curacao licensed casinos, eventually forcing us to present you with a comprehensive recension of this phenomenon in the United Kingdom. If you have heard about these casinos at least once, it might be just an excellent option to read this rating article on. Stay tuned!

What are the Curacao licensed casinos?

We all know perfectly well that each online casino has to obtain a license, which ensures the legality of gameplay, alongside guaranteeing the integrity of a specific platform. That’s why Curacao eGaming emerged, eventually contributing to the emergence of countless online casinos with this license on the board.

Curacao itself, which was formerly the part of the Netherlands Antilles, is a tiny Caribbean island. Having reviewed what these licensed casinos are, we highly encourage you to read on and get to know more about other nuances of this licensing body, as follows.

How were the Curacao gaming casinos created?

Speaking of the official requirements for the creation of the Curaçao licensed casinos, our rating team should immediately refer to the ease and straightforwardness of the system. The gambling licensed can only be issued by the Justice Minister, whereas there are a few third-party organizations that are considered to be contractors between the newly-emerging casino and the Minister. These organizations include Gaming Curacao, Cyberluck Curacao N.V., Antillephone N.V., and Curacao Interactive Licensing N.V. One of the most noticeable features of the license is that it is issued only in a single type.

That means that all the online casinos, regardless of their focus on games, currencies, or other themes, would be able to operate based on a single legal framework. For most online casinos, this usability and ease of issuing a license is a green light in the direction of obtaining a license in this Dutch Caribbean island instead of requesting a document from UKGC or MGA.

Licensing requirements for the Curacao gambling casinos

Although the process of issuing a license is easier than in other jurisdictions, a wide range of factors is considered in making a final decision. An enterprise that is willing to start a gambling platform in Curacao has to prepare numerous legal and financial documents, whereas you could take a look at the official list of criteria, as follows:

  • Physical hardware investment. This criterion means that any new online casino should be opened only after hosting a database and other essential hardware systems on the territory of the island.
  • Company origins. Since only the companies from the island are eligible for the licensing application, investors are obliged to the merger with a local company.
  • Any online casino, including the Bitcoin-themed ones, is required to have open bank accounts on the island, alongside making all the financial transactions in the Netherlands Antillean guilder, which is a local currency.
  • Criminal record. The owners or the board of directors of the enterprise are required to have clear criminal records.
  • Bustiness plan. It is a must to present a detailed business plan, consisting of succinct objectives, willingness to comply with the license rules, and responsible gaming efforts.
  • All the wanna-be online casinos in Curacao are obliged to have sufficient funding for the first few years of its operational capacity.
  • This specific aspect is required to identify the beneficial owner of the enterprise, which is needed for the creation of a gambling platform.

The aforementioned rules are the essential ones, whereas the mentioned organizations could also request additional documentation.

Curacao licensed casinos vs UKGC online platforms

For most gamblers from Great Britain, a head-to-head comparison between the Curacao eGaming license and the UKGC one might be needed. If you have heard about the GamStop at least once, you are probably already aware that it is a must for all the online casinos that operate under the United Kingdom jurisdiction.

The online gambling platforms that are issued the Curacao eGaming license have softer self-excluding schemes, alongside having a less stringent approach to monitoring and tracking. While the Curacao licensed casinos are more willing to work with the cryptocurrencies, the legal gambling websites in the UK are famous for their security measures and support of the games by the licensed software providers.

Both the licensing options have their own comparative advantages, meaning that it’s for you to decide what to choose, after all.

Pros and cons of Curacao licensed online casinos

Let’s be honest throughout the entire course of our review; it is impossible to claim that even the best Curacao online casinos are flawless gambling platforms. That’s why we find it crucial to shed light on both the merits and flaws of the casinos with Curacao eGaming, eventually requiring our recension team to unveil our insights, as follows.

Pros of Curacao online casinos

Without diving too deep into talking about all those merits of the casinos Curacao, we’ve prepared a list that speaks for itself:

  • Usability and ease in obtaining a license
  • Players all across the globe are accepted
  • Generous bonuses and promotions
  • Favorable taxation schemes
  • Self-excluding schemes are flexible in configurations

Although the full list of the benefits is far larger, our rating team still thinks that the aforementioned reasons are the most appealing to both online casinos and their beloved gambling enthusiasts.

Cons of Curacao casinos

In the same manner, it would be dubious from the side of our recension crew not to include the list with the main flaws of the Curacao licensed platforms, as follows:

  • The reputation of some online casinos is controversial
  • Tracking and monitoring can be insufficient
  • Some websites have complaints regarding long withdrawal timings

Before making your immediate dive into the domain of these licensed online casinos, it might be a decent option to consider all those flaws to be fully prepared.

New top casinos Curacao

It isn’t that big of a secret that new Curacao licensed casinos appear daily, eventually forcing our recension team to review them all manually. If you were looking for the table with the recently-opened gambling websites licensed in Curacao, be sure to check the following one, which was created exclusively for you:

FAQ

Is it legal to gamble in Curacao licensed casinos for UK players?

Yes. Gamblers from the UK are accepted on the Curacao licensed gambling websites, which allows them to play, deposit, and withdraw real money.

Are Curacao licensed casinos safe?

Once you ensure that a particular platform is subject to independent audits and has a renewed license, no safety issues should arise on your mind.

Can I withdraw my winnings from Curacao licensed online casinos in the UK?

Be sure to proceed to the Banking section, where you will be eligible to withdraw your winnings to the UK-issued credit card.

Can I deposit in Curacao licensed online casinos in the UK?

Yes. Since the UK players are not restricted from entering the Curacao licensed websites, no obstacles would stop your deposit.

Which software providers are compatible with the Curacao casino sites?

The most common software providers that are compatible are Microgaming, NetEnt, Betsoft, RTG, and SoftSwiss.