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Advantages of Curacao Gaming License

Discussion in 'Casino Industry Discussion' started by SoftGamings, Jan 29, 2016.

    Jan 29, 2016
  1. SoftGamings

    SoftGamings Dormant account

    Occupation:
    Comprehensive and cost-effective solutions for you
    Location:
    Riga, Latvia
    Hello to everyone!

    In my opinion the most important thing is - Curacao license covers all products, such as: online casino, sports betting, poker, lotteries and bingo.
    The second one is - relatively simple and easy obtaining process.
    Also I need to mention terms, if you have all the documents for obtaining - all the process takes only few weeks from the moment you send documents till you get a certificate.
    Moreover it has a low cost and no gambling tax.

    Curacao is a modern, high-tech jurisdiction fully accepted by international organizations like OECD and FATF — it is not your typical off shore, rogue jurisdiction.
    Innovative IT infrastructure, an attractive tax system and political stability makes Curacao one of the most reliable gaming license provider.
    I am sure CEO's of a companies licensed with a Curacao understand me well And may be want to complete with their experience.
    For me it would be very interesting to listen other opinions.
     
  2. Jan 29, 2016
  3. homerbert

    homerbert I-Gaming Industry Representative webby

    Occupation:
    nothing :)
    Location:
    middle of Europe!
    Well, another strange thread from you...

    Advantages of Curacao license, lol, how funny is that. Generally, there is no any difference for me if this Curacao or Malta...But Curacao is much more cheaper, and this is why there is more rogue casinos. But i saw awesome casinos on Curacao, awesome on Malta. So for me it is more about casino operator, not license.
     
  4. Jan 29, 2016
  5. ocportal

    ocportal Dormant account

    Occupation:
    Webmaster
    Location:
    World
    I think so as well, saw good online casinos with a Curacao license and also rougue ones.
     
  6. Jan 29, 2016
  7. Matti

    Matti Senior Member MM

    Occupation:
    Business Development Tech
    Location:
    Sweden
    Are you kidding me. :lolup:

    There is a reason that it is low cost and simple to obtain. It's because it's has so low value.

    It's no differens in the casino world compared to other businesses. "If You pay peanuts, You get monkeys"
     
    6 people like this.
  8. Jan 29, 2016
  9. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Yes, it probably is very good for OPERATORS... because it's cheap! :eek2:

    But they are pretty useless from the player perspective (as are many other so-called "regulators")
    What sort of track record do they have for sorting out player disputes with their licensed casinos?
    (That is a genuine question, I honestly have no idea! But I wouldn't mind betting that it's not great)

    There ARE some excellent casinos with a Curacao license (quite a few Accredited casinos for starters), but equally there are a large number of rogue operators trying to convey a level of trust based on this "apparently toothless" regulator. :(

    KK
     
    4 people like this.
  10. Jan 30, 2016
  11. vinylweatherman

    vinylweatherman You type well loads CAG MM

    Occupation:
    STILL At Leisure
    Location:
    United Kingdom
    Go to Kahnawake and get a proper license. Good infrastructure there as well, and far better for players than even some of the industry leaders like Malta and Gibraltar.
     
  12. Jan 30, 2016
  13. fun4all

    fun4all Senior Member

    Occupation:
    .
    Location:
    .
    Isle Of Man is the only proper licence available. The rest have all behaved like utter jokers/rogues at some point.
     
  14. Jan 30, 2016
  15. partyhummel

    partyhummel Senior Member mm1

    Occupation:
    ex broker
    Location:
    betty ford clinic
    not rogue?????

    high tec reputable iurisdiction?

    so... when europlay stole my winnings i complained at that "reputable" iurisdiction. Those amateurs didn´t even send an answer. a casino licensed at curacao - is a nogo for my deposits. only in certain cases and when it is accredited i might make an exception...
     
  16. Jan 30, 2016
  17. Simmo!

    Simmo! Moderator Staff Member

    Occupation:
    Web Dev.
    Location:
    England
    A Curacao licence seems pretty pointless to me. What does it actually mean? Is there anything about a Curacao licence that benefits players? It would be interesting to get Max's opinion on this as the PAB guy.
     
    3 people like this.
  18. Jan 30, 2016
  19. partyhummel

    partyhummel Senior Member mm1

    Occupation:
    ex broker
    Location:
    betty ford clinic
    advantage for players....? i don´t think so... more disatvantages and advantage for rogue casinos...

    they needent bother about laws, player protection... withdrawals...^^ well they save the whole withdrawal department and can concentrate on attracting deposits. ;-) one-way-processing...
     
  20. Jan 30, 2016
  21. dunover

    dunover Unofficial T&C's Editor Staff Member CAG PABnononaccred PABnonaccred PABinit mm3 webmeister

    Occupation:
    International Money Launderer
    Location:
    the bus shelter, opposite GCHQ Benhall
    Unless the Curacao GC has a the full and unbiased facilities and infrastructure to objectively handle player issues then it's exactly what most think it is - a turd rolled in glitter. :what:

    In shipping terms, it is like the 1980's - half the world's merchant ships registered in Liberia, a flag of convenience for similar reasons.
     
    1 person likes this.
  22. Jan 30, 2016
  23. maxd

    maxd Complaints (PAB) Manager Staff Member

    Occupation:
    The PAB Guy
    Location:
    Saltirelandia
    From the PAB perspective a casino having a Curacao license is like a bull having spare tits: mildly distracting and quite useless. The primary reason is that your average Curacao licensee doesn't give a damn about player complaints and neither does their licensing body. However ...

    A significant -- admittedly not earth-shattering -- development over the last few years is that some of the primary license holders in Curacao (more below) have started to require a basic level of Customer Service from their sub-licensees, supposedly as a way to make their license mean more than your bog-average Curacao license. In other words competition appears to be (mildly) pushing some Curacao licensees towards being more player responsive.

    The thing with Curacao is that -- and this is all just my understanding gleened from other more knowledgeable folks -- they only offer a very few primary licenses, I've been told it's something like a dozen. So anyone who wants a Curacao license almost invariably has to go to one of the primary license holders and cut a sub-license deal. As we well know oft-times that doesn't mean shit as far as the player experience goes BUT that structure does put some pressure on the primary licensees to differentiate themselves and occasionally, as described above, that seems to be having a mildly beneficial effect on the quality of Support offered.

    That said I do like to point the curious to the example set by the Club World group: after years as Curacao licensees they saw that Kahnawake was doing it better and far more meaningfully and they simply moved their casinos over to Kahnawake. I have no doubt that there were sound business reasons behind this but it looked to me like a serious case of voting with your feet.
     
    11 people like this.
  24. Feb 1, 2016
  25. SoftGamings

    SoftGamings Dormant account

    Occupation:
    Comprehensive and cost-effective solutions for you
    Location:
    Riga, Latvia
    maxd, you are right in some moments, but there is also where to argue.
    I actually can not understand why you find Kahnawake license more attractive? I was never faced up with it, may be don't know something.
    Also, it seems to me, that it's very difficult to share opinion if you have no experience in cooperation with different licensing companies and can not compare products in operation.
    Curacao license also gives understanding to players, that company has reliable and original soft. All world famous game providers will never sign contracts with unlicensed companies, but if it is licensed under Curacao jurisdiction there are no problems about that.
     
  26. Feb 1, 2016
  27. maxd

    maxd Complaints (PAB) Manager Staff Member

    Occupation:
    The PAB Guy
    Location:
    Saltirelandia
    My primary area of interest is player complaints. Kahnawake has arguably the best player complaints resolution system in the business including annual reporting and published results. When Curacao starts offering something even remotely as comprehensive we can discuss this further. Until then they are a "no show" regarding player issues and that gets the old thumbs-down from me.

    As far as my relative experience with the various jurisdictions goes I have been in this business since 1998 and I assure you that I've tried many times over the years to work with Curacao licensees. Those efforts have been almost universally fruitless. It is on that experience that my comments above are based. If any Curacao licensee wishes to step forward and improve that relationship I welcome them to do so at their earliest convenience.
     
    Last edited: Feb 2, 2016
  28. Feb 1, 2016
  29. fun4all

    fun4all Senior Member

    Occupation:
    .
    Location:
    .
    Advantages of different gaming licences

    :lolup::lolup:

    Advantages of Curacao gaming licence
    It's cheap

    Advantages of all gaming licences except Isle Of Man
    You can screw players over
     
  30. Feb 1, 2016
  31. trickster

    trickster Dormant account

    Occupation:
    Researcher
    Location:
    Moscow, Russia
    Since all I read from this thread is that Isle of man are no-nonsense kind of licensers, are there any casinos still operating there?
    Despite the fact that I disagree with the poster who had suggested that Curacao is not credible just because it's cheap, as a newbie, I would love to know how authoritative this governing bodies are?:confused:
     
  32. Feb 1, 2016
  33. lockinlove

    lockinlove Staring into the sun PABaccred

    Occupation:
    I work :D
    Location:
    Canada
    KGC is the best out there and its not even close.

    They have actually done something when companies misbehave. I remember Ultimate Bet getting heavy fines (1.5 million) and made to change some of their operations etc

    I even complained to them once about something..cant remember and they actually responded and wanted more info.

    Sounds to me like OP just likes cheap fee's. Its good for operators. That is all.
     
  34. Feb 2, 2016
  35. SoftGamings

    SoftGamings Dormant account

    Occupation:
    Comprehensive and cost-effective solutions for you
    Location:
    Riga, Latvia
    maxd, thank you for your opinion. I just look on a question from the other side complete opposite of yours (business). That is why such facts like: easy way to obtain, price and terms are important for me and should be taken into consideration.
    Of course, it is also important for us and casino owners players find it reliable and feel themselves protected having relations with casinos licensed by Curacao.
     
  36. Feb 2, 2016
  37. maxd

    maxd Complaints (PAB) Manager Staff Member

    Occupation:
    The PAB Guy
    Location:
    Saltirelandia
    I don't believe this is true as many of the comments in this very thread have demonstrated. I'm not aware of any rules for Curacao licensees nor of a single case where a casino was taken to task by Curacao for misconduct. I strongly suspect the vast majority of the readers here are in the same situation. Given this I think it fair to say that most of us will read your praise for Curacao licencing as wishful thinking.
     
    5 people like this.
  38. Feb 2, 2016
  39. shewoff

    shewoff Senior Member webby mm1

    Occupation:
    retired
    Location:
    northeast
    maxd you have hit it on the head. I have had many problem,s with different casino,s over the year,s. And the vast majority where in the Curacao license aspect?All did absolutely nothing to aid me in my endeavor to collect my winning,s. This happened too many times for me to list, I also have been in the player,s end of this biz, Since 1998 and it was really bad back in the "GOOD OLE DAY,S" By that I mean I played at all kinds of casino,s and had many win,s and lot,s of good experience,s but I also lost my ass at a whole bunch also. It almost made me quit playing all together.​
    And the CS was a joke at a lot of the Curacao licensed site,s. Help was a waste of time to just try to get paid. I was completely bent by the way I was treated? If I had been at a land based casino I would have gotten the High Roller treatment but not in those day,s it was give us your money and by the way DON,T expect to get paid IF you win? Well this thread hit,s a raw spot on this ole boy. maxd you have more than enough experience to know as much if not more than the average cowboy that is in the business, Peace Out! Out Of The Mist! shewoff​
     

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