LIC-CW-B2C The successor to the famous master/sub-licence system: since the LOK, all licences are issued directly by the state. The cheapest widely-recognized route to a multi-market offshore operation, at the cost of limited market access in regulated countries.
Key requirements - Local representation / registered entity in Curaçao
- Fit-and-proper checks on UBOs and key persons
- AML/CFT programme and player-protection policies
- Annual independent audit and reporting to the GCB
Full profile → LIC-MT-B2C The benchmark EU licence: one licence covering game types 1–4 (casino, fixed-odds betting, P2P poker/betting exchanges, skill games). 5% gaming tax applies only to revenue from players located in Malta.
Key requirements - EEA-established company with Malta presence
- Key-function holders approved by the MGA
- Player-funds segregation
- Audited AML/CFT programme; ongoing compliance reviews
Full profile → LIC-GB-RC The strictest mainstream licence and the only legal route to the British market. Compliance load (affordability, safer-gambling interactions, levy) is the highest of any licence in this registry.
Key requirements - Point-of-consumption: required for ANY operator serving GB customers
- Personal Management Licences for key roles
- GAMSTOP integration + LCCP social-responsibility code
- 21% Remote Gaming Duty on GGY
Full profile → LIC-GI-RG Not an entry-level licence: Gibraltar admits a small set of substantial operators. The Gambling Act 2025 (in force October 1, 2025) replaced the flat £100k fee with GGY-tiered fees and split licensing into B2C, B2B and Support Services categories.
Key requirements - Established operator with proven financials
- Real local presence (staff, infrastructure) in Gibraltar
- UK-grade compliance expectations
- Gaming duty 0.15% of GGY (first £100k exempt), paid quarterly
Full profile → LIC-KM-EG The budget offshore licence (Union of the Comoros) that absorbed much of the demand displaced by Curaçao's LOK reform. Fast and cheap, but with minimal supervisory weight — listed here for completeness of the comparison table.
Key requirements - Corporate documents + UBO identification
- Basic AML policy
- No local presence required
Full profile → How operators actually choose
The licence decision is a market-access decision wearing a paperwork costume.
Point-of-consumption regimes leave no choice: serving British customers means
holding a UKGC licence, full stop — the same logic applies in Sweden, Spain,
the Netherlands and Ontario. The real choice sits in the unregulated
remainder, where Curaçao's reformed LOK licence remains the default and
Anjouan absorbs the most price-sensitive demand. Gibraltar plays a different
game entirely: a selective club of substantial operators trading higher fees
for a near-zero gaming duty and a first-rank reputation.
Costs move accordingly. Cheap licences carry expensive limitations — no
access to licensed markets, weaker banking relationships, thinner player
trust — while expensive ones amortize across the market access they unlock.
The comparison table above states the fees; the country profiles state which
markets each licence actually opens.