Connect with us

Latest News

License Fees under the National Ordinance on Games of Chance (“LOK”)

Published

on

Reading Time: 5 minutes

Definitions

Certificate Application: The CGA may issue a certificate, for a period of up to three years, to natural persons or legal entities offering gaming-related services or goods to holders of a license. Categories of entities requiring certification will be issued separately by CGA in a Certification Policy.

Domain: The unique address used to identify a website on the internet. A policy regarding the acceptability of Mirror Domains and applicable fees in this regard will be issued separately by the CGA.

Gambling License: B2C Operating license

Listed UBO: a UBO which shares are publicly traded on an exchange.

Qualified Interest Holder: A natural person holding direct or indirect interest of at least ten percent of the subscribed share capital, or a similar interest, or the ability to directly or indirectly exercise at least ten percent of the voting rights, or similar control.

Supplier License: B2B platform/software license

UBO: A natural person who is the ultimate owner, or has ultimate control, of a legal entity, by directly or indirectly holding more than ten percent of the shares, voting rights, or ownership interests in that legal entity.

Application Fee

B2C Applications (Gaming license)

A non-refundable fee must be paid prior to a license application being processed by the CGA.

Application fee for B2C license One-time EUR 4,592
     
UBO Each person, one-time fee EUR 150
     
Qualified Interest Holder Each person, one-time fee EUR 150
     
Listed UBO Addition Each entity EUR 2,551
     

B2B Applications (Supplier license)

A non-refundable fee must be paid prior to a license application being processed by the CGA.

Application fee for B2B license One-time EUR 4,592
     
UBO Each person, one-time fee EUR 150
     
Qualified Interest Holder Each person, one-time fee EUR 128
     
Listed UBO Addition Each entity EUR 2,551
     

Annual Fees – B2C

First Invoice

Initial Annual Fees are calculated pro-rata for the year of issuance. These are required to be paid within 14 days of notification by the CGA to the local director of the company of the license grant.

Annual Fees

Annual Fees are for all subsequent years are payable in full by January 15th on receipt of invoices by the CGA.

There will be two invoices simultaneously issued. One for the Curacao government (National Treasury) (the License Fee) and one for the CGA (the Supervisory Fee) each payable in full electronically in accordance with banking instructions specified on each invoice.

All fees are non-refundable.

License Fee (to National Treasury) Annually in full by 15th January EUR 24,490
     
Supervisory Fee (to CGA) Annually in full by 15th January EUR 22,960
     
TOTAL   EUR 47,450
     

Annual Fee – B2B

First Invoice

Initial Annual Fees are calculated pro-rata for the year of issuance. These are required to be paid within 14 days of notification by the CGA to the local director of the company of the license grant.

Annual Fees

Annual Fees for all subsequent years are payable in full by January 15th on receipt of invoice by the CGA.

The fee is payable in full electronically in accordance with banking instructions specified on the invoice.

All fees are non-refundable.

License Fee to National Treasury Not applicable for B2B EUR 0
     
Supervisory Fee (to CGA) Annually in full by 15th January EUR 24,490
     
TOTAL   EUR 24,490
     

Other Administrative Fees

Addition of domains One-time payment on EUR 250
  application to add domain to  
  license  
     
Certificate Application One-time payment on EUR 383
  application  
     
Change or addition in UBO Per person EUR 128
     
Change or addition of Qualified Interest Holder Per person EUR 128
     

Transition Period 2025

Under the NOOGH (the legislation prior to enactment of the LOK) there was only one single type of fee of ANG 120,000 for any issued license; which was charged by way of an initial fee, followed by monthly fees.

Under the LOK both B2C and B2B fees exist. To this end transition fees will apply to holders of licenses issued under the NOOGH.

  1. No further invoices under NOOGH will be issued.
  2. No further monthly invoices will be issued.

IRRESPECTIVE OF THE ABOVE POINTS 1 AND 2, ANY LICENSE HOLDER (B2C, B2B2C and B2B) WITH OUTSTANDING INVOICES THAT HAVE ALREADY BEEN ISSUED MUST BE PAID IN ACCORDANCE WITH THE TERMS OF THE INVOICE IN ORDER FOR CONTINUITY OF LICENSE HOLDERS OPERATIONS.

NOOGH B2C License Holders – Green Seal

For avoidance of doubt regarding this transition period a B2C license holder under NOOGH includes both B2C and B2B2C.

To facilitate the transition license holders at the point of LOK enactment (i.e. Green Seal holders) will be issued with four individual invoices over the course of 2025.

Annual License fee to Curacao Government Jan – Jun: EUR 12,245 (Invoiced Feb 2025)
(National Treasury) July – Dec: EUR 12,245 (Invoiced June 2025)
   
Annual Supervisory fee to CGA Jan – Jun: EUR 11,480 (Invoiced Feb 2025)
  July – Dec: EUR 11,480 (Invoiced June 2025)
   

Each invoice must be paid in accordance with the terms of that invoice. For clarity, the separation of invoices in this manner (Payable for periods of 6 months) is for 2025 only in order to accommodate the transition period of LOK provisional licenses – which allows a period of 6 months to reach compliance with the LOK (followed by an additional 6 months as required and if permitted by the CGA). In July provisional license holders who are non-compliant and are not granted the further 6-month period to become complaint will not be issued with the second invoice and their license will be revoked.

NOOGH B2C Approved (No Green Seal yet)

An approved license holder is only formally granted the license and issued with the Green Seal on payment of their initial invoice. If the CGA approved a B2C operator in 2024 but their initial invoice was not paid prior to December 24TH the following applies.

  1. The license holder must pay the outstanding invoice (if they have not already)
  2. The amount paid for that invoice will be credited against the first 2025 invoice to the National Treasury (i.e. The annual LOK license fee is EUR 24,490).
  3. This operator will subsequently receive an invoice during 2025 for the amount outstanding to complete the whole amount of the LOK license fee. (the remaining balance of the License Fee to the National Treasury)
  4. The operator will receive the invoices of the Supervisory Fee to the CGA. (i.e. The annual supervisory fee is EUR 22,960)

B2B License Holders

No further invoices will be issued under NOOGH fees in 2025. However, any invoices that have already been issued in 2024 with payment outstanding by should be paid by the license holder.

B2B license holders

Annual Supervisory fee to CGA

Jan – Jun: EUR 11,480 (Invoiced Feb 2025)

July – Dec: EUR 11,480 (Invoiced June 2025)

Each invoice must be paid in accordance with the terms of that invoice. For clarity, the separation of invoices in this manner (Payable for periods of 6 months) is for 2025 only in order to accommodate the transition period of LOK provisional licenses – which allows a period of 6 months to reach compliance with the LOK (followed by an additional 6 months as required and if permitted by the CGA). In July provisional licensed holders who are non-compliant and are not granted the further 6-month period to become complaint will not be issued with the second invoice and their license will be revoked.

Please note, the CGA is aware that due to fee reduction for B2B license holders under the LOK that some license holders will have overpaid during 2024. The CGA will inform the operator on a case-by-case basis about how the CGA and/ or the National Treasury will handle any overpayment done in 2024, by crediting future invoices.

Changing license type

Existing license holders who wish to change their license type (from B2C or B2B2C to a B2B) will be required to follow an administrative process once the CGA portal re-opens in mid-March. Further information on the administrative process and fees will be announced shortly.

Invoicing Process

The CGA will email the invoice to the email address provided by the local director and will also send a ticket in the online portal announcing that an invoice has been issued.

Notice

  1. Please note that in the event of any discrepancies between this announcement and the LOK, the LOK will always take precedence.
  2. The amounts mentioned in this document may be modified by national decree containing general measures.

The post License Fees under the National Ordinance on Games of Chance (“LOK”) appeared first on European Gaming Industry News.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Latest News

FairPlay Sports Media and FOX Sports Digital Launch New Betting Hub

Published

on

FairPlay’s betting technology and AI-powered predictive content drive deeper fan engagement and deliver media opportunities and revenue

FOX Sports Digital and FairPlay Sports Media, the fan-focused and AI-powered global sports media network, have announced a strategic betting tech, affiliate and sports media agreement.

Under the multi-year agreement, FairPlay will serve as the exclusive sports betting affiliate technology provider of FOX Sports Digital, deploying its market-leading odds components, advanced AI-powered predictive data and analytics, and cutting-edge technology solutions on FOXSports.com and the FOX Sports mobile application.

The new relationship powers the newly released FOX Sports Betting Hub which integrates FairPlay’s innovative sports betting-related content enhanced with bespoke, value-added experiences derived from FairPlay’s deep relationships with global sportsbook operators.

“FOX Sports is one of the largest sports rights holders in the world, with incredible access to live games and global events,” said Stuart Simms, Group CEO of FairPlay Sports Media. “FairPlay is excited to work with the FOX Sports Digital team, and we’re honored to serve their millions of users with more engaging, insightful sports media experiences that have proven to drive loyalty, engagement and deliver on brand differentiation.”

FairPlay’s advanced AI technology and robust odds components are already delivering real-time, data-driven insights to help FOX Sports fans and bettors, while monetization frameworks being deployed create revenue opportunities for operators, sportsbooks and digital media buyers.

The agreement enhances and elevates fan engagement by bringing FairPlay’s betting information technology and AI-powered tools to FOX Sports’ digital platforms. FairPlay’s approach enables FOX Sports digital users and fans to access personalized, data-driven betting analytics that deepen their connection and engagement with sports content. As the sports media and betting landscapes continue to evolve, the FOX Sports and FairPlay agreement delivers pioneering, scalable digital experiences for fans and operators alike.

 

The post FairPlay Sports Media and FOX Sports Digital Launch New Betting Hub appeared first on Gaming and Gambling Industry Newsroom.

Continue Reading

Latest News

Betfred Launches Checkd Dev’s Automated Betting System to Strengthen Football Betting Offering

Published

on

Checkd Dev, part of the award-winning Checkd Group and a leading iGaming technology provider, has signed a multi-year agreement to supply its Automated Betting System (ABS) to UK bookmaker Betfred, introducing new levels of efficiency and engagement to pre-match football accumulator betting.

Through the partnership, Betfred has launched a suite of pre-configured, one-click accumulator bets, powered by Checkd Dev’s ABS technology and seamlessly integrated with Betfred’s proprietary pricing.

The solution enhances the customer betting journey while equipping Betfred’s trading team with a robust backend platform to streamline bet creation, management, and settlement. Customers benefit from football bets that are dynamically assigned probabilities based on historic form, providing greater insight and confidence in their selections.

The launch of ABS reinforces Betfred’s reputation as an industry innovator, offering customers smarter, faster, and more engaging betting experiences.

Checkd Dev has refined its ABS user interface through deployments with multiple tier-one operators. Betfred has further strengthened the proposition by integrating its competitive Acca Flex bonus offer, available from launch. Customers can access additional bonuses if their bet wins, while also benefiting from a money-back guarantee if a single leg loses.

Since its introduction two years ago, Checkd Dev’s ABS has evolved from a statistics-driven tool to increase operator conversion rates into a comprehensive system designed to meet the growing demand for automated, pre-configured betting products, powered by the company’s proprietary BRUNO platform.

This agreement extends Checkd Dev’s recent growth trajectory, following high-profile partnerships with William Hill on a fully automated, stats-powered Bet Builder, and a three-year deal with OpenBet to launch a new Trending BetBuilder to market.

Andrew Grimshaw, Commercial Director at Checkd Dev, commented: “We are delighted to be working with fellow Mancunians Betfred on our Trending Bets product. More and more major bookmakers are recognising the tangible value of our automated betting solutions, and it is especially gratifying to collaborate with a local partner on this launch.”

Mark Hartley, Head of Product at Betfred, added: “Since moving onto our propriety platform, we’ve been able to bring new ideas to market much faster. This partnership with Checkd Dev is a great example, helping us solve a simple problem for football fans: researching and building an accumulator can sometimes feel like hard work!

“With one-click, data-driven selections we’ve made the process quicker and easier, while still giving customers the choice and depth they want. Accas are already one of our most compelling propositions, thanks to our popular promotion Acca Flex, and this launch makes them even more engaging. We’re also looking forward to exploring further opportunities to work with Checkd Dev in the future.”

 

The post Betfred Launches Checkd Dev’s Automated Betting System to Strengthen Football Betting Offering appeared first on Gaming and Gambling Industry Newsroom.

Continue Reading

Latest News

Slotland’s Crown Jewel, Gods of Egypt, Resurrects with Enhanced Features

Published

on

Legendary Title Reborn for a New Generation of Fortune Seekers with Freebies and Bonuses until December 28th

Slotland Entertainment has ceremoniously relaunched its legendary title, Gods of Egypt, across its casinos Slotland, Winaday and now including CryptoSlots and CryptoWins. This revered 5×4, 30-payline slot invites players into a grand temple of mythic wealth.

Wager $1.50 to $30 to awaken divine features: Ra’s Sticky Expanding Wilds, Bastet’s gem-triggered Free Spins, and a Pick Me Bonus with layered treasures. For those betting $15 or more, five Pharaoh symbols unlock the progressive jackpot.

Gods of Egypt has always been a crown jewel in our collection,” said Michael Hilary, Manager at Slotland. “This relaunch across our entire empire allows a new generation of players to experience its timeless magic and seek its legendary rewards.”

Framed by the regal visages of Anubis and a jeweled queen, the game creates a ceremonial atmosphere of arcade spectacle. It is a call to modern seekers: enter and claim your ancient riches.

WINADAY CASINO: Available December 19 – 28, 2025

Up to $111 FREEBIE chip

  • For platinum VIPs, $88 for Gold VIPs, $55 for Silver VIPs, $44 for Bronze VIPs, $20 for ALL
  • Redeem: 1x, wager: 29x, max cashout 5x, depositing players only
  • Bonus Code: FREEBIE2025

Up to 155% NEW GAME BONUS

  • For VIPs, 100% for ALL
  • On deposits on $10 – $250
  • Redeem: 2x per day, wager: 29x, valid: Gods of Egypt
  • Bonus code: NEWSLOT

 

CRYPTOSLOTS: Available December 17 – 25, 2025

123% VIP TREASURE MATCH

  • On deposits $50-500
  • Redeem: 1x per day, wager: 35x, valid: Gods of Egypt
  • Bonus code: VIPNEW

77$ DESERT GOLD MATCH

  • On deposits 200 – $400, 65% on $100 – $199, 50% on $10 – $99
  • Redeem: 2x per day, wager: 35x, valid: Gods of Egypt
  • Bonus code: NEWIN

 

The post Slotland’s Crown Jewel, Gods of Egypt, Resurrects with Enhanced Features appeared first on Gaming and Gambling Industry Newsroom.

Continue Reading

Trending

EEGaming.org is part of HIPTHER, parent brand of various prominent news outlets and international conferences. These platforms and events span a wide range of industries, including Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports, and several others. This indicates that EEGaming.org is part of a larger network that focuses on a diverse array of sectors, particularly those related to cutting-edge technology and modern lifestyle trends.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2025 HIPTHER. All Rights Reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.