Curacao License (CGA)

The Caribbean licensing regime historically covering much of the offshore industry — reformed in 2024 from master-license sublicensing to direct regulation.

Curacao licensing long meant fast, cheap market access with minimal oversight via four master licenses. The LOK reform replaced that with direct licensing under the Curaçao Gaming Authority: real application vetting, fees, reporting duties and player-protection language.

What changed in practice

The floor rose — anonymous sublicense shells are gone, and the CGA can actually revoke. But it remains an offshore license for markets nobody else regulates; player recourse and supervisory depth don’t approach MGA or national tiers. Read a post-reform Curacao license as “identified and accountable on paper,” not “supervised like Europe.”