Last updated: 15 June 2026
Curaçao was the default offshore gaming licence for two decades. In 2026 it is in the middle of the biggest shake-up in its history — a new law, direct licensing, and real institutional turbulence. If you hold or are considering a Curaçao licence, here is what actually changed and what it means for your operation.
What the LOK reform did
Curaçao’s National Ordinance on Games of Chance (the LOK) was passed in December 2024 and replaced the old master/sub-licence model. Operators now need a direct licence from the Curaçao Gaming Authority (CGA), with tighter oversight, AML obligations and player-protection requirements. Crucially, the old sub-licences expired in January 2025 — so “running on a sub-licence” is no longer an option.
The turbulence operators are watching
The transition has been bumpy. Reporting in 2026 describes the CGA’s supervisory board resigning shortly after launch, and a criminal complaint filed against a senior finance official over the handling of provisional licences. For operators, the takeaway is not gossip — it is uncertainty: timelines, processing, and the regulator’s stability are harder to predict during a reshuffle, so confirm the current position before you rely on it.
What it costs now
Under the reformed regime, the B2C licence runs to roughly €47,450 per year, split between a treasury payment and supervisory fees, plus application and compliance costs. That is materially more than low-cost alternatives.
Why operators are eyeing Anjouan
The combination of higher cost and regulatory uncertainty has pushed many operators to keep a cheaper, faster base as a hedge. Anjouan — from around €17,828/year — is the most common plan B, and we have walked operators through the switch before (see From Curaçao to Anjouan in 30 days and the Anjouan vs Curaçao vs Kahnawake comparison).
Should you stay or switch?
If Curaçao recognition is essential to your partners and you can absorb the cost and the current uncertainty, the reformed licence is more credible long-term than the old model. If cost and speed matter more, an offshore base like Anjouan is the pragmatic hedge while Curaçao settles.
Frequently asked questions
What changed with Curaçao’s gambling law in 2026?
The LOK (passed December 2024) replaced the master/sub-licence system with direct licensing by the Curaçao Gaming Authority. Old sub-licences expired in January 2025.
How much does a Curaçao licence cost now?
Roughly €47,450 per year for a B2C licence, split between treasury and supervisory fees, plus application and compliance costs.
Is Curaçao still a good licence in 2026?
It is more credible than the old model but currently in transition, with institutional turbulence. Whether it fits depends on your need for Curaçao recognition versus cost and speed.
What is the cheapest alternative to Curaçao?
Anjouan, from around €17,828/year, is the most common low-cost alternative operators move to.
The bottom line
Curaçao’s reform makes it stronger on paper but rockier in practice right now. Decide based on partner requirements and your tolerance for uncertainty — and keep a hedge ready. Talk to our team about a plan B.
General information, not legal advice. Gaming regulation and fees change; confirm current requirements with the regulator or a qualified adviser. See our Editorial Policy.
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This article is for general informational purposes only and is not legal, tax, or financial advice. Consult a qualified professional before acting. Editorial Policy.
