Curaçao is facing fresh competition as Nevis unveils its new regulatory framework targeting international online gaming operators.
The Nevis Online Gaming Authority (NOGA) was established in April 2025 under the Online Gaming Ordinance to oversee licensing and supervision of online gaming businesses.
Nevis is positioning itself as an appealing alternative to Curaçao by offering quicker licensing processes, reduced operational expenses and a streamlined regulatory structure. Unlike Curaçao’s LOK system, which mandates separate licenses for B2B and B2C operations, Nevis provides a singular license that covers various gaming activities such as online casinos, sports betting, poker, lotteries, esports and Web3 gaming platforms.
This comprehensive licensing model is especially attractive to operators managing both gaming platforms and software services.
The financial advantages of Nevis include a flat annual licensing fee of €28,000, zero corporate tax on foreign income, and no gaming taxes on revenue generated outside the federation. In contrast, Curaçao’s licensing costs have risen considerably under the LOK framework, particularly for B2C operators.
Moreover, Nevis is distinguishing itself in the areas of banking and compliance. St. Kitts and Nevis was recognised regionally in 2025 for its AML initiatives, and the jurisdiction is acknowledged by over 500 payment service providers, crucial for operators targeting the Latin American market.
Despite Nevis emerging as an enticing option, Curaçao retains its significance in the industry. The jurisdiction’s extensive experience and ongoing regulatory reforms are anticipated to bolster its international standing.
As Latin America’s online gaming market is forecasted to expand rapidly, both Curaçao and Nevis are expected to vie for operators aiming to establish a strategic foothold in the region.
