Comparison

Curaçao vs Anjouan iGaming Licence — 2026

Since the Curaçao LOK reform replaced the master-licence model, operators face a real choice: stay on Curaçao under direct licensing, or move to Anjouan, which has positioned itself as the cheaper, faster offshore alternative. Banking access differs more than people expect.

Option A

Curaçao (post-LOK)

Curaçao Gaming Authority · Curaçao

  • Application fee€4,592
  • Annual licence fee€47,450
  • Capital requirement€0
  • GGR tax rate0.0%
  • Setup time14 weeks
  • Term5 years
  • Local personnel requiredYes
  • Player-fund segregationNot required
Full Curaçao (post-LOK) page

Option B

Anjouan

Anjouan eGaming Regulatory Authority · Comoros

  • Application fee€21,000
  • Annual licence fee€17,500
  • Capital requirement€0
  • GGR tax rate0.0%
  • Setup time8 weeks
  • Term5 years
  • Local personnel requiredNo
  • Player-fund segregationNot required
Full Anjouan page

Decision context

Operators choosing between a post-LOK Curaçao direct licence and a fresh Anjouan licence — usually the price-conscious end of the iGaming market with operations in LATAM, MENA, or APAC and no EU/UK customer plans.

Our take

Anjouan wins on cost, speed, and AOFA reformed framework; Curaçao wins on reputational depth and banking-network maturity. For new operators with no existing Curaçao relationships, Anjouan is the rational entry point.

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