Normally a gambling license only provides entity permission to operate a gaming business being in the country the license is issued by. This is not just the traditional approach, but a logical one, too, as no country will allow a foreign country to run or interfere in the operations of its revenue-earning companies.
However, for the exceeding demand, online gambling licensing jurisdictions have introduced some legislation that grants them to issue licenses to online casino operators and relatable companies. By providing those licenses, associated jurisdictions supply those operators and companies with necessary software and industry services and regulate them, setting strict regulations.
Each jurisdiction has a licensing authority liable to issue a license and regulate virtual companies. Curacao is one among such licensing jurisdictions.
Online Gaming License of Curacao
Being a licensing jurisdiction, Curacao can provide licenses for online gambling. It issues a Master License, and the holder of the Master license can issue sublicenses. The only difference between a master license and a sublicense is that a holder of a sublicense cannot issue another sublicense.
By the regulations and the terms, one Curacao license will provide comprehensive coverage over all types of online gaming. Thus, licensees don’t require to pay differently for serving different games. Even a single Curacao license covers service providers, including affiliates, software providers, platform operations, and so on.
Curacao-licensed Virtual Gaming License
Curacao license also lets people accept players from any country. Because no act or regulation outlines any evident prohibition regarding that fact. So, there are no limits to gather players from any country, an event not from Curacao.
Other online license issuing jurisdictions tend to have strict regulations, most of which don’t allow alien companies to operate under the associated country’s authority. Most jurisdictions even demand the companies be based on their land and operation.
But a Curacao license is an exemplary exception in that case. From demanding low prices and taxes to providing unlimited access to the world gamblers, Curacao-issued licenses inspire disruptive and new operators to dream for more.