Once an online casino obtains its operating license from Curacao eGaming, there is very little left to question its legitimacy. Owing to the extensive leniency and firm inclusion policy of the Curacao Gaming Control Board (CGCB), a large selection of online casinos from all over the world have been approved for business. Hence providing all players with more than 150 best online games to choose from.
As the Curacao Gaming Control Board comes under the governance of the Netherlands, players who choose to find their entertainment at casinos approved by the CGCB will be adhering to the same rules and regulations as those practiced in the online casinos managed by the European Union.
Of course, the European Union is popularly recognized as the epicenter of the online gaming world, the Curacao Gaming Control Board enjoys the benefits afforded to it by this level of certification.
Why Curacao Casinos Do Not Rank Well in Our Ranking Scale
I have been a casino player for such a long time before I decided to shift my career to a consultation for gamblers to take them to the best casinos in their region. Based on my experience, I found out how Curacao eGaming has drawn some unfair, scam, and risky operators as some of them found guilty in the act of being dishonest and not able to solve customers’ complaints.
If you are wondering why then please follow my explanation for this accuse:
For any operator wishing to operate a legal casino must apply for a license. The fee can be a quality parameter. Applying for a Curacao License, an operator needs to pay a $35,000 “setup fee,” plus $5,900 every month thereafter. This amount of money does not seem loud in this flourishing Gambling market when compared to other entities such as the UK Gambling Commission where it takes 15% of total life-time online gambling revenue.
Suspicious High Rate of Approval
The process to apply for a license from one of these jurisdictions such as UKGC, Danish Gambling Authority, New Jersey Division of Gaming Enforcement holds some certain percentage of rejection. However, Any operator aiming to get one from Curacao eGaming should not worry about this case to happen. As long as you are able to afford the setup fee, monthly dues, and taxes, you will have a Curacao license for your casinos. Therefore, many scam casinos are given their birth from this jurisdiction.
It is hard to find any gambler who has their problems solved with Curacao licensed casinos. As the jurisdiction has a history of being just an outsider when it comes to solving customers’ problems because of ripped off casinos.
However, I want to make it clear that I am not referring that all online casinos licensed from Curacao Jurisdiction are unreputable.
History of Curacao Online Gambling License
As a miniature, a subtropical island situated in the south of the Caribbean Sea, Curacao enjoys a virtuous reputation as the most frequently used licensors in the world of online gambling. Established in 1993, the Curacao Gaming Control Board is responsible for the regulation of offline casinos, charity bingos, and lotteries.
In recent times, it’s responsibilities have been expanded to include online gambling as well. Owing to its vigorous efforts to ensure a risk-free environment that protects players against money laundering schemes and online scams, the CGCB is one of the most trustworthy regulatory authorities currently governing the online gaming industry.
They have set up a highly extensive process to vet online casinos and game providers to certify that operating licenses are only granted to those businesses who adhere to the guidelines and meet the requirements that have been put down by the Curacao Gaming Control Board. The primary goal of this licensing entity is to make sure that the sensitive information and personal interests of all players are kept secure at all costs. As a direct result of this, tourism and, consequently, revenue has increased within the picturesque island of Curacao. If a casino has been granted to operate by the jurisdiction of Curacao, you can leave all your doubts regarding its legitimacy far behind.
The Top Priorities Offered by Curacao eGaming
In addition to being incredibly trustworthy, the Curacao Gaming Control Board also prioritizes the convenience of both players as well as online casino owners.
In comparison to other regulatory authorities that require online casinos to go through different licensing procedures (many casinos provide documentation for different licensing forms on the same website) for a vast array of online casino games, the CGCB is extremely flexible in this matter. It has been decided that one singular operating license must be acquired by all online casino owners to operate their casinos within the confines of the law.
By offering a One License Policy, not only does the Curacao Gaming Control Board greatly reduce the cost of obtaining an operating license but also saves quite a bit of time without eliminating all of the benefits that one acquires along with an operating license. In addition to this, the Curacao Gaming Control Board has also extended a lenient hand towards licensed online casinos undergoing a massive software upgrade. For whatever reason, if an online casino attempts to completely reinvent itself by signing a new software provider or by rebuilding their gaming library from the ground up then the CGCB will allow them to get back on their feet at a remarkably fast pace. As a result of its stellar policies, firm guidelines, and exceptionally lenient licensing methods, an operating license by the jurisdiction of Curacao is highly coveted by online casinos all over the world.
Resolution Of Disputes and Safety by The Curacao Gaming Control Board
In comparison to other regulatory entities present within the online gambling industry today, the Curacao Gaming Control Board enjoys the privilege of being exceptionally skilled in the management of monetary matters. No other competing licensing authority has this level of precedence (especially in this matter). The CGCB is more commonly known in the gambling community as the top financial center internationally since the end of the Second World War. To enhance security measures for all players, top of the line pre-arranged verification services have been set up.
This esteemed regulatory entity has made sure to provide its licensed casinos with a complete selection of fraud protection services. Most favorably, identity matching solutions of the most advanced quality have been included. If you are asked to submit some form of documentation to an online casino that holds an operating license granted by the Curacao eGaming, you can put your mind at ease and leave all worries regarding your personal information and financial records behind. Another alluring feature of this renowned licensing authority is its use of cutting edge server technology. A speedy and reliable connection is very important to succeed in the world of online gambling and being on the forefront, the Curacao Gaming Control Board utilizes Tier 1 telecom services and fiber optic connections.
As a direct result of this decision, all online casinos registered under the CGCB are provided with a high-speed internet service void of any form of fluctuations or network connection issues. A modern solution such as this has completely revolutionized gameplay for all players and has enhanced their experiences with the online casino. Reduced amount of lags, a steady connection, and comparatively lessened waiting times in all forms of gameplay. Unfortunately, the Curacao Gaming Control Board completely absolves itself of any responsibility it may hold towards disputes between a player and an online casino. This dispute must be settled amicably between the two parties involved.
Contact The Curacao Gaming Control Board
For whatever reasons, if you wish to get in touch with the Curacao Gaming Control Board then you can easily find them at Emancipatie Boulevard, Dominico F. “Don”, Martina 23, Willemstad, Curaçao. You can also contact them via email or phone number.
Let’s check through the things that Curacao do not well in its history:
They have not generated much trust in their licensing
They have not improved to serve customers rights better
You should not have much faith when you see Curacao eGaming licensed online casinos. They will not show their teeth to protect you and stand by your side to fight back the scam online casinos.
The only thing that you might get from online casinos licensed from this jurisdiction is that you are playing at legal online casinos.
Therefore, I highly recommend you check carefully once you decide to play at the best Curacao casinos. Please have a look at our list that I recommend this page because at least you know that we have conducted a detailed review for each. You will be clear about the pros and cons of each.