By 1993, the web blossomed with opportunities for new gambling enterprises. Curacao was one of the first regions to pass legislation for regulating online gambling in 1993. By 1996, the Gaming Licensing Authority met the growing demand for licenses and industry regulation. Legislation continued to evolve and by 2001, the government created the Internet Gaming Association to ensure operators maintained the expected code of conduct.
As one of the biggest online gambling licensing bodies in the globe, Curacao offers easy acquisition and affordable requirements. In addition, the country’s robust gambling infrastructure offers licensees strong telecommunications and financial platforms from which to launch an online betting site. Consequently, companies worldwide come to business-friendly jurisdictions to operate. Often called a tax haven, Curacao follows the European Union’s tax laws. Serving as an intermediary for licensed casinos with the IRS, the country adheres to AML compliance requirements.
In its current structure, Curacao issues two different types of licenses, including the master's license and a sub-license. Four companies hold the master license, including Curacao Interactive Licensing, Antillephone, Gaming Curacao, and Cyberluck Curacao. No additional master's licenses have been approved since 1996.