Why Forward-Thinking Operators Are Looking At Nevis Over Curacao

Why Forward-Thinking Operators Are Looking At Nevis Over Curacao

The iGaming industry is a rapidly evolving sector where regulatory frameworks play a crucial role in shaping operator success. Choosing the right licensing jurisdiction is a critical decision that impacts credibility, operational efficiency, and market access.

In 2025, the Caribbean island of Nevis has emerged as a leading contender in the global iGaming landscape with the introduction of its Tier-1 Online Gaming License, formalised through the Nevis Online Gaming Bill 2025, passed on 29 April 2025. 

This new license challenges established jurisdictions like Curacao, and offers a blend of prestige, affordability, and modern regulation. As operators seek jurisdictions that balance compliance with cost-effectiveness, Nevis is gaining attention for its innovative approach. This article from Fast Offshore explores why forward-thinking operators are increasingly turning to Nevis over Curacao, highlighting the features of the Nevis license, the evolving Curacao regime, and the compelling reasons to choose Nevis.

The Nevis Online Gaming License: A New Standard

The Nevis Online Gaming License is a strategic move to position the island as a premier iGaming hub. Launched in 2025, the license is designed to rival top-tier jurisdictions like Malta and the Isle of Man. It offers a single, comprehensive license covering a wide range of iGaming activities, including slots, live table games, sports betting, eSports, poker, and lotteries, eliminating the need for multiple permits. 

The license is available in two categories: B2C for operators targeting players directly, such as online casinos and sportsbooks, and B2B for service providers like game studios and payment processors. To obtain the license, operators must establish a Nevis-based International Business Corporation (IBC), comply with DD, AML, KYC and other policies, and satisfy the requirements, including when renewing every year.

Nevis’s regulatory framework is built on 40 years of financial services expertise, ensuring a very strong level of oversight aligned with international standards. The license supports cryptocurrency payments while adhering to strict compliance requirements, catering to modern gaming platforms. With a relatively streamlined application process and a focus on responsible gaming, Nevis offers a forward-thinking solution that balances accessibility with credibility, making it an attractive choice for both startups and established operators.

The Curacao iGaming Regime: A Shifting Landscape

Curacao has long been a popular choice for iGaming operators due to its affordability and flexibility. However, recent regulatory changes have introduced significant shifts, creating both opportunities and challenges. The National Ordinance on Games of Chance (LOK), effective from December 24, 2024, replaced the previous National Ordinance on Offshore Games of Hazard (NOOGH). This overhaul eliminated the master and sub-license system, with the Curacao Gaming Authority (CGA) now issuing licenses directly. The new framework emphasises compliance, transparency, and responsible gambling, requiring operators to meet higher financial stability standards and implement robust AML measures.

While these changes aim to enhance Curacao’s credibility, they have introduced uncertainty. The new licensing system imposes higher barriers to entry,  and operators must also maintain a physical presence on the island, including at least three local hires, increasing operational costs. 

Although Curacao offers a low 2% corporate tax rate and no VAT, the increased fees and stricter regulations have led some operators to reconsider their options. The transition period, extending into 2025, has further contributed to uncertainty, as operators navigate the new requirements and potential disruptions.

Why Choose Nevis?

Nevis stands out as a compelling alternative to Curacao for several reasons, offering a unique combination of prestige, affordability, and stability:

1. Gold Standard Tier-1 License: Nevis’s license is designed to meet Tier-1 standards, comparable to Malta and the Isle of Man, providing operators with unparalleled credibility and global recognition.

2. Competitively Priced: With competitive initial costs, Nevis is accessible to more operators, such as startups and established brands. 

3. FATF Whitelist Status: Nevis’s compliance with the Financial Action Task Force (FATF) ensures it is recognised as a trusted jurisdiction by banks, payment providers, and third parties, facilitating seamless financial transactions.

4. 40-Year Financial Services Legacy: Nevis’s extensive experience in offshore banking, insurance, and trusts is a core part of its regulatory framework, offering operators a stable and reliable environment.

5. Robust Local Infrastructure: Nevis boasts modern infrastructure, including reliable electricity, a modernised port, an expanded airport, and high-speed internet. With a 98% literacy rate and English as the official language, the island provides a skilled workforce and seamless communication.

6. Stable and Welcoming Economy: As part of the Federation of Saint Kitts and Nevis, Nevis enjoys political stability and autonomy, creating a business-friendly environment. The Eastern Caribbean Dollar (EC$), pegged to the US dollar, ensures financial stability for those established there.

7. Recognition by Banks and Payment Providers: Nevis’s FATF compliance and financial services reputation make it a trusted jurisdiction for banking and payment processing, essential for iGaming operations.

8. Player Credibility: The Nevis license enhances player trust, as its gold-standard status signals a commitment to fairness and responsible gaming, attracting a broader customer base.

9. Alignment with International Best Practices: Nevis’s regulations adhere to global standards for AML, KYC, and responsible gaming, ensuring operators meet the highest compliance requirements.

10. Tax Benefits: Nevis does not levy tax on gaming profits, meaning it is extremely competitive for operators, giving them more money to invest back in the business, instead of handing it over to the state.

How Fast Offshore Can Help

Navigating the complexities of obtaining a Nevis iGaming License is made seamless with the expertise of Fast Offshore, a consultancy with over 27 years of experience in iGaming and corporate services.

Fast Offshore provides end-to-end support, from establishing a Nevis IBC to preparing documentation and ensuring compliance with AML and KYC requirements. Our tailored guidance helps operators determine if Nevis is the right jurisdiction for your business, while our cost-effective maintenance packages handle ongoing corporate and compliance obligations, allowing operators to focus on growth.

By partnering with Fast Offshore, operators can confidently enter the Nevis iGaming market, leveraging its innovative license to compete globally. For more information, contact Fast Offshore to start the application process and secure your place in this transformative, new, and forward-thinking jurisdiction.