The reputation of the Curacao Gaming Commission

Posted under Casino Jurisdictions by Online Casino Keeper

The sphere of online casino gambling is developing with fast tempos since the moment of the creation of the first gambling site. And since that time there is a necessity to control and to regulate this industry. Today there are special bodies, which deal with such questions, as they issue licenses, which are in fact a permission to operate in the Internet. One of such jurisdictions, which is fairly considered to be one of the best, is Curacao Gaming Commission.

The Curacao Gaming Commission issued its first license for an online casino in 1996, though the Netherlands Antilles Online Gaming legislation was opened in 1993. So Curacao, which is an Overseas Country and Territory of the Netherlands, was one of the first commissions of that kind. In 2001 within the framework of Curacao Gaming Commission a special body was established. It is called the Curacao Internet Gaming Association (CIGA) and it controls almost 30 online casino operators today.

CIGA plays a very important role for the Curacao Gaming Commission, as it helps to settle down all legal matters. Moreover, it controls the work of interactive gaming services in order for everyone to follow the rules. CIGA is also a member of the Interactive Gaming Council, which has its own rules and requirements, what means that the organization is bound by them as well.

Together the Curacao Gaming Commission and CIGA show very good results, as their work is fully dedicated to the regulation of online gambling sphere. They have strict requirements to the applicants, but it in its turn guarantees safety and good protection both for a company with the license from Curacao and a person, who gets any services from that company.

Applicants for a license from Curacao should meet strict requirements. Everything starts even before the application, as at first they should register with the Netherlands Antilles Chamber of Commerce as a legal entity that is local. Then the Curacao Department of Justice carries on a careful investigation, which may take up to 6 weeks. This investigation covers many aspects what adds greatly to the future safety and fairness. After it, an applicant should pay a fee, and then the Curacao Gaming Commission itself checks the work by many criteria. All these factors considerably contribute to players’ protection and help them to feel themselves in a complete safety. Such thorough investigation is a kind of a guarantee for gamblers.

Moroever, Curacao Gaming Commission makes the process of licensing of online casinos very convenient. It happened thanks to the designation of Cyberluck Curacao as the Master Licensing Authority. Beforehand it was a top provider of eGaming services, and it helped this company to develop a special software for the applicants though which they may observe the process itself. It allows correcting some mistakes and problems very fast, what doesn’t lead to future difficulties. Moreover, it also helps to manage their hostings and IT infrastructure.

In general, strict requirements and wide range of services make the Curacao Gaming Commission highly reputable and widely trusted.

Read also about Gibraltar gaming commission.