Curaçao Strengthens Gambling Regulation: Direct Licenses and International Standards Implementation from 1st September. Finance Minister Javier Silvania Announces Regulatory Reform to Address Troubling Corporate Behavior. In a significant move, Curaçao has unveiled plans to issue direct licenses to gambling operators and enforce internationally recognized standards, starting from 1st September. Finance Minister Javier Silvania made this announcement during the iGaming NEXT Valletta 23 conference, expressing his … Continue
Curacao has earned its reputation as one of the top destinations for online gaming due to its stringent regulatory framework and commitment to player protection. The Curacao Internet Gaming Association (CIGA) acts as a strict regulator, ensuring fair practices and ethical dispute resolution. This regulatory oversight instills confidence among players and operators alike. The CIGA maintains comprehensive player records, including personal details and transaction history, … Continue
In 2022, the global online gambling market grew from USD 73.42 billion in 2021 to USD 81.08 billion at a compound annual growth rate (CAGR) of 10.4%. The online gambling market is expected to grow to USD 115.13 billion in 2026 at an average CAGR of 9.2%. Widespread smartphone adoption along with improved internet accessibility is driving the online gambling market. Globally, in most countries, … Continue
Curacao’s new gambling legislation will align with counterpart licenses in EU jurisdictions, thereby strengthening the global recognition of Curacao’s jurisdiction. What changes should we expect from the regulator? For several years, the government of Curacao has made changes to the licensing regime in Curacao a priority. The current regime, which allows new operators to apply for sub-licenses from any of the four main license holders, … Continue
Obtaining an online gambling license is an important step in opening an online casino or sports betting business. Although some operators consider the application process to be complex and daunting, it is important to note that the long-term benefits of a license far outweigh the investment in money and time.
To choose the perfect jurisdiction for gambling initiation, you need to consider a lot of things, such as licensing costs, tax, stability, and the general business environment. Although many entrepreneurs will automatically think of conventional locations such as the UK, the Isle of Man, or Malta, there are other licensing jurisdictions, but the benefits and stakes vary considerably. With over 17 years of gambling experience, … Continue