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In 2002 the regulation of online gaming companies was finally decentralized from the “Curacao Gaming Control Board” and this type of industry started flourishing in the paradise island. Even though the online gaming industry has been recently in descent and almost no new companies are licensing or moving their operations in Curacao, there are currently short over 300 licenses being upheld in the island.
The advantages to having a license from the Netherlands Antilles include the possibility of obtaining sub-licenses to online gaming operations from the Netherlands Antilles and sub-dividing existing gambling licenses to be used by “sister” companies.
A contribution of up to 2% of the license holder’s net profit may be demanded of whichever island is currently hosting the online gaming company.