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Choosing the best jurisdiction for your startup online gambling business can be very tricky. There are many things that you need to put into consideration. These include licensing cost, tax payments and the inclusive business space.
Therefore, as an entrepreneur who is trying to cope with vast of things it can be very daunting to know what you need and where. In this case, the first port of call is seeking online gambling licensing options; this means Curacao online gaming license is the best option.
On that note, if you are a young, vibrant entrepreneur who is determined to have a successful online gambling business, there are certain things you need to know about the Curacao online gaming license.
Why you need an Online Gaming License
If you are wishing to operate any form of online gambling platform, you are required to acquire a license. This operational license is issued by the authority of the jurisdiction. This is where the platform is located. However, being in possession of a license is actually a legal requirement.
This will permit you to open settlement accounts, make use of third party payment processors along with contracting game providers.Moreover, this is the best way you can use so that you can gain credibility and trust with your customers.
Curacao Online Gaming License Requirements
Curacao gaming license consists of different requirements for those who are willing to be in possession of a gambling company online.
This means applicants are required to provide a police clearance certificate, various identification document. This also comes with other identification documents along with utility bills. Furthermore, they should also present a banker’s reference that comes along with a professional letter of reference from the accountant lawyer.
Having these in place will truly indicate that you are ready to carry all the proper conduct. Meaning that you are fit to carry out all your gambling options
In addition, the applicant is also required to provide proof of their domain ownership, responsible gaming policies, and AML policies. This should come along with all the software agreement and the details of the third party random number generator certificate.
Above all, if you have all the said requirements in place, there is a good chance that the licensing process will be smooth sailing. At the same time, you will be ready to offer gambler the best chances of playing real money casinos and win.
Gambling License Types
The casino gaming authorities Curacao has been issuing online gambling licenses since 1996. This has made the company to be the first when it comes to gaming jurisdiction. The license that the gaming jurisdiction offer will permit you to operate casino services such as online slots, sports betting, eSports betting, lottery and games of skills.
Final Thoughts
Curacao is amongst the best economies in the world. They carry an extensive history of collaborating with start-ups and entrepreneurs. Nevertheless, they have a legal system that operates under Dutch law. It has a strong relationship with Europe and the EU Member States.
Above all, they have an amazing workforce, which is multilingual, educated, along with expertise in iGaming and financial services.