Government of Netherlands Antilles
The Netherlands Antilles was a constituent part of the Kingdom of the Netherlands located in the Caribbean. The country comprised six islands: Sint Maarten, Saba and Sint Eustatius, collectively called SSS Islands, or Leeward Islands. The other territories are Aruba, Bonaire and Curaçao, collectively known as ABC Islands, or Leeward Antilles. Since the Netherlands Antilles was disbanded in 2010, gambling regimes in the Antilles remain varied. Presently, only Aruba and Curaçao issue gambling licences, but obtaining one involves contact with the Netherlands Antilles.
Casinos With a Government of Netherlands Antilles License
- Government of Netherlands Antilles
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The Role of the Government of Netherlands Antilles
The Government of Netherlands Antilles regulates gambling on the islands through the Department of Justice and National Board. It provides a safe space for operators and gamblers to co-exist mutually.
Gambling-related government functions are as follows:
- To provide a framework to prevent the industry from aiding financial crimes
- Ensuring that all licensed casinos comply fully with all regulations, including software fairness and randomness
- To promote responsible gambling, while providing all necessary assistance to vulnerable players
- Partnering with all government institutions to ensure accountability and developing the economy through gambling revenues
Government of Netherlands Antilles Casino Licences
There are several casinos in Curaçao as a result of the country’s open-minded approach to all forms of gambling. Today, gambling revenues make up a significant portion of the country’s economy. The same applies in Aruba, as a number of casinos operate from the country on account of the gambling-friendly regulations.
To obtain a casino licence, the applicant company must register with the Netherlands Antilles Chamber of Commerce and Industry. Subsequently, the company must pay the licence application fees and apply to the Department of Justice. Both the Department of Justice and the National Board will proceed to conduct checks on the company’s reputation.
They consider the following before awarding a licence:
- The company’s business practices prior to applying for the licence
- Independent testing and audit of all casino software to ascertain fairness and randomness
- Whether or not the entity is registered in the islands
Benefits of the Government of Netherlands Antilles Licensed Casinos
A good number of online casinos are licensed within the Netherlands Antilles, meaning there must be more to the licence. First of all, it is affordable, especially compared to a license from Malta or the UKGC. Secondly, the licence process isn’t as stressful as those of other jurisdictions.
Perhaps, the most interesting perk for casino operators is that the Government of Netherlands Antilles only levies a 2% profit tax. Besides this 2% levy, there are no further taxes on gross income wagers, VAT, import taxes and so on.
Benefits to Players
Casinos on the islands are mandated to test their systems before commencement of business and during usual operations. This ensures systems, such as random number generators (RNG) and game software are sound and fair. There’s also top-tier protection of your funds when you play with reputable casinos.
The regulator doesn’t levy taxes on your winnings, meaning you can withdraw them without regulatory restrictions. Fast payout banking methods such as cryptocurrencies and e-wallets are also available at these casinos. You can leverage them for easy, seamless transactions.
Does the Government of Netherlands Antilles licence casinos?
Since the Netherlands Antilles dissolved in 2010, only Aruba and Curaçao issue casino licences. The Curaçao licence is most popular amongst casino operators.
Is my money safe with the Government of Netherlands Antilles licensed casinos?
Yes. You only need to deposit and play at a reputable casino with a licence from the Government of Netherlands Antilles.
Which online casinos have a Government of Netherlands Antilles license?
Use the list of Government of Netherlands Antilles casinos to see all online casinos that are regulated by Government of Netherlands Antilles.