December 18, 2023

Information regarding the NOOGH and LOK licenses

At EM Group we are keen to keep you updated on the latest regulatory developments. Recently, the license fees for online gaming licenses issued directly by Curacao's Gaming Control Board have been disclosed. This update will conclude the license types under both the existing NOOGH legislation and the upcoming LOK legislation, shedding light on fees for B2C and B2B licenses.

What is the current license fee structure?

Under the current NOOGH legislation, operating licenses, not categorized as B2C or B2B, entail specific fees. These include no application fee, an annual fee of 36,000 ANG, and a monthly fee of 7,000 ANG. The fee structure for domains is also outlined, allowing up to 40 domains included in the license, with additional domains incurring a fee.

Here is an overview:

One operating license (no B2B or B2C categories)

	ANG	(Approx. EUR equivalent)
Application Fee	0	0
Annual fee (payable on license issuance)	36,000	18,500
GPT tax/revenue share	0%	0%
Monthly fee	7,000	3,600
Domains	Up to 40 included in the license, with a fee of 500 ANG for any additional domain above 40 (without upper limit)	Up to 40 included in the license, with a fee of EUR 250 for any additional domain above 40 (without upper limit)

What is the total annual fee in ANG?

ANG 120,000 + ANG 500 per domain per license above 40

What is the total annual fee in Euros?

Approximately EUR 61,700 + 250 per domain per license above 40

What will be the license fee changes under the new LOK legislation?

Looking ahead to the LOK legislation, the fees for B2C licenses involve application fees, annual fees, and monthly fees. The announcement highlights the flexibility of the fee structure for domains, emphasizing the unlimited number of domains available for a specified annual fee.

For B2B licenses under the LOK legislation, it is important to note the application fees, annual fees, and the absence of monthly fees. The announcement underscores the simplicity in the fee structure for B2B licenses, with no applicable domain fees.

We acknowledge the importance of the information provided for a comprehensive understanding of the license fees under both legislations.

Therefore, we hereby provide you with simple fee overview:

License fees under the new LOK legislation

	ANG	*EUR equivalent
Application Fee	9,000 + one-off Due Diligence fees between 250 and 500 ANG per person (depending on role)	4,600 + one-off Due Diligence fees between 125 and 250 EUR per person (depending on role)
Annual fee (payable on license issuance)	48,000	24,600
Monthly fee	4,000	2,050
GPT tax/revenue share	0%	0%
Domains	500 ANG per annum per domain – unlimited number	250 EUR per annum per domain – unlimited number

TOTAL annual license fee in ANG: ANG 96,000 + ANG 500 per domain

TOTAL annual license fee in EUR: EUR 49,200 + EUR 250 per domain

*Companies that will be transferring their current NOOGH license to the new LOK legislation do not need to pay the ANG 48,000. However, once their annual term ends, they will need to renew their license under the LOK legislation defined above. During the renewal they will also start paying the LOK-defined monthly and domain fees.

B2B

	ANG	*EUR equivalent
Application Fee	9,000 + one-off Due Diligence fees between 250 and 500 ANG per person (depending on role)	4,600 + one-off Due Diligence fees between 125 and 250 EUR per person (depending on role)
Annual fee (payable on license issuance)	48,000	24,600
GPT tax / revenue share	0%	0%
Monthly fee	0	0
Domains	Not applicable	Not applicable