Compliance Updates
Fees and Collection Policy from Curacao GCB
Introduction
Effective immediately this document outlines the fees and collection terms pertaining to a gaming licence issued and operated by the Curacao Gaming Control Board (the “GCB”) under the NOOGH legislation.
The GCB reserves the right to amend this policy at any time.
Fees
License fee
Non-refundable NAF 36,000 on license grant and annually on each anniversary thereafter Monthly fee of NAF 7,000 plus any “per-domain” fee that is applicable.
Certificate of Operations: Orange Digital Seal
The sub-licensee authorized to display the temporary Orange Digital Seal must pay a non-refundable fee of NAF 28,000. For operators who use the Orange Digital Seal, this payment will be deducted from the license fee invoice issued upon approval by the GCB,
General Info
- In the event that an operator wishes to pay the full license fee annually in advance, the GCB will accommodate this.
- Fees are due for any licensed operator regardless of any ongoing private commercial agreement that the entity may have with a Master License holder. For the avoidance of doubt having an active sub-license at the time of being issued a direct license by the GCB does not exempt the operator from its financial obligations to the GCB,.
- Fees will be invoiced in EUR, using the exchange rate published by the Curacao Central Bank on the date of the invoice.
- Fees can be paid in EUR or USDT stablecoin.
License Issuance
- Once a license is approved, notice will be provided to the local director of the applicant entity. Notice shall be issued in the form of letter sent by email to the official email address registered on the GCB Portal.
- Notice of license approval shall be accompanied by an “Initial Invoice of NAF 36,000, which is payable in full prior to formal granting of license, along with the first “Monthly Invoice” which is payable subject to the terms in the section below entitled Monthly Fee.
- The license will be formally granted and added to the license register on the GCB site upon receipt of payment of the Initial Invoice
- Operators are not permitted to use the Green Digital Seal on their domains prior to the on formal license grant.
- Under Curacao legislation stamp duty is payable in the amount of NAF 60, in local currency. is The local bank account is provided to the local director in the approval email.
- Hard copy license issued by GCB to the local director on payment of the stamp duty at the GCB registered office.
- Soft copy license of the license can be downloaded from the GCB portal.
Invoicing and Collection
Initial Invoice
1. Payable in full within 5 calendar days.
2. In the event that it is not paid within 5 calendar days, the local director will be contacted by GCB Finance Department with notice that non-payment after further 5 calendar days will result in the formal rejection of the application.
3. Rejection for non-payment of Initial Invoice will be processed on the GCB licensee portal, published on the GCB website.
Compliance Updates
Digitain Secures UK Gambling Licence
Digitain, a leading provider of iGaming solutions, is thrilled to announce that it has successfully obtained the UK gambling licence. This significant milestone not only strengthens Digitain’s operations but also broadens its reach across continental Europe, further solidifying its position within the iGaming industry.
By meeting the UK’s stringent regulatory standards and receiving a licence from the UK Gambling Commission, Digitain demonstrates its dedication to responsible gaming and compliance. The newly obtained licence opens up new opportunities for the company to introduce its diverse products and solutions in one of the most competitive iGaming markets. With a strong foothold in the UK, Digitain is ready to deliver tailored gaming experiences that cater to local needs and preferences.
Additionally, the acquisition of the UK licence underscores Digitain’s strategic vision for growth. The company is committed to investing in its technology and resources to enhance operational capabilities, ensuring that partners receive the highest level of support.
Digitain is dedicated to developing diverse gaming solutions that not only meet market demands but also set new industry standards.
Compliance Updates
Galaxsys Games Are Now Available in the UK
Galaxsys, one of the most innovative game developers in recent years, is proud to announce their games licensing in the United Kingdom. Itâs an essential step in Galaxsys brand recognition and a milestone in their expansion in more and more regulated markets. It also reaffirms the companyâs ability to deliver secure, high-quality, and responsible experiences to all players.
This newly-acquired UK licence is a reward for the companyâs commitment to the most strict regulatory standards. Thanks to this licence, Galaxsys can now offer some of its most entertaining titles to UK operators and solidify its presence in Western Europe. Galaxsys will be able to offer the following games:
Cash Show
BlackJack
Crash
Penalty
Rocketon
Golden RA
Crasher
Plinkoman
This licensing in the UK is an integral part of Galaxsysâ strategy, which consists of expanding its reach in regulated markets all around the world. As they keep creating games adhering to the industryâs highest security standard with qualitative and innovative experience, while promoting responsible gaming, Galaxsys keeps getting recognition in the eyes of regulators. This allows them to provide one-of-a-kind gaming experiences players can enjoy and trust.
Compliance Updates
Ezugi Secures Isle of Man Software Supplier Licence
Ezugi, a leading global provider of innovative live casino and live lottery gaming solutions, has successfully obtained their Isle of Man Software Supplier Licence, with the expert guidance and support from IOM eGaming consultancy, SolutionsHub.
Recognising the growth of the Isle of Man eGaming sector, this B2B Man licence will enable Ezugi to deliver their cutting-edge solutions to operators licensed there, further solidifying their position as a trusted partner in the industry.
Obtaining an Isle of Man licence is and important part of Ezugiâs strategic vision, and it underscores their commitment to excellence and innovation in the live gaming sector.
Local eGaming experts SolutionsHub, who were instrumental in guiding Ezugi through the licensing process, will also provide local support in maintaining their Isle of Man licence.
Steven Welsh, Director of Gaming Services at SolutionsHub, commented, âMore and more software providers are choosing to licence in the Isle of Man as it opens up opportunities to do business with the bigger industry players. This trend highlights the value of demonstrating trustworthiness and compliance to gaming operators. We are proud to have supported Ezugi in achieving this important milestone.â
Tara Leneghan, Strategic Partnership Manager at Digital Isle of Man said âThe Isle of Man has witnessed a year on year increase of software suppliers opting for the elective licence. Attracting brands like Ezugi demonstrates the calibre of the Isle of Man license and we are pleased to have been part of their journey, alongside SolutionsHub. Congratulations Ezugi!â
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