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Gambling News - 'Curacao'
Industry
January 21, 2025
Curaçao Unveils Details on Updated Gambling Legislation
Curaçao’s newest National Ordinance on Games of Chance (LOK), passed in December 2024, replaces the outdated master licensing system with a more transparent, structured, and internationally aligned regulatory framework. This transformative legislation should help dispel lingering doubts following the recent high-profile corruption scandals and reinstate Curaçao’s position as a regulated and reputable online gambling hub. […]
Industry
January 9, 2025
Netherlands and Curaçao Join Forces to Implement New Gambling Law
The Netherlands and Curaçao have announced a collaborative effort to ensure the successful implementation of Curaçao’s newly enacted National Ordinance on Gambling (LOK). Coming into effect on 24 December 2024, the law seeks to enhance oversight, combat money laundering, and tackle endemic corruption issues. However, recent scandals have caused doubt whether Curaçao’s government can enforce […]

Industry
December 26, 2024
Dutch Supreme Court Stands Firm on Liability for Curaçao Gambling Licenses
The Dutch Supreme Court has backed a key decision that holds Curaçao’s master license holders responsible for their sub-licensees’ actions regarding player winnings that have not been paid. This ruling happens as the Caribbean island pushes for big changes to clean up its gambling industry. Supreme Court Sides with Player Over Unpaid Winnings at Bahsine […]

Industry
December 19, 2024
Curaçao Approves Historic Online Gambling Reforms
The longstanding center for international operators, Curaçao, passed a significant set of reforms to its online gambling laws on December 17. The decision came in the context of intense scrutiny faced by the hub because of a licensing scandal following the Ministry of Finance’s ruling to start issuing new gambling licenses ahead of the bill’s […]

Industry
December 18, 2024
Curaçao Gambling Rocked by Corruption and Crypto Scandals
Curaçao, a long-time hub for international operators, is under intense scrutiny following a bombshell corruption scandal implicating high-ranking officials, regulatory bodies, and global players in the gambling and cryptocurrency sectors. Opposition politician and financial forensic investigator Luigi Faneyte has led the allegations against Curaçao’s minister of finance, Javier Silvania, and Gaming Control Board (GCB) members. […]

Industry
December 13, 2024
Curaçao’s Gambling Law Overhaul Picks up Speed
The reform of the gambling sector in Curaçao started several years ago, in 2022. At the time, Dutch lawmakers made it mandatory for the jurisdiction to receive COVID-19 relief packages based on a range of different reforms, including one that affected the gambling industry. The improved version of Curaçao’s National Ordinance for Games of Chance […]
Legal
December 3, 2024
PSG FC Slams Cbet with Bankruptcy Claim in Curaçao
Top-flight soccer club Paris Saint-Germain has filed a bankruptcy claim against its former sponsor Cbet. While the sponsorship deal lasted only a single season, the gambling company continued listing the team as a partner. Cbet Might Be in Trouble As reported by NEXT.io, PSG filed the claim against Cbet’s parent company, AK Global NV, in […]
Industry
December 2, 2024
BC.GAME Closes Up Shop in the UK Amid Legal Battle in Curaçao
BC.GAME, the front-of-shirt sponsor of Leicester City, has closed its betting website in the United Kingdom. This move comes amid the operator’s continued legal battle in Curaçao that was prompted by the recent bankruptcy of its parent companies. BC.GAME Ceases Operation in the UK BlockDance BV and SmallHouse BV, the two companies behind BC.GAME, were […]
Industry
November 29, 2024
GCB Addresses Licensing Reforms, Refutes Misconceptions
The Curaçao Gaming Control Board (GCB) has released a statement on rumors about its licensing reforms, refuting certain misconceptions and providing important clarifications. The statement was prompted by a recent complaint regarding the National Ordinance on Games of Chance (LOK) reform process. The complaint questioned the reforms and the integrity of the local licensing regime. […]
Industry
November 27, 2024
Damning Report Accuses Curaçao Politicians of Fraud, Embezzlement
A former executive of the MGA along with the current finance minister of Curaçao were named in a new report that condemned the island’s recently implemented gambling regulatory system. Mario Galea, Javier Silvania Named in New Report That is the case for Mario Galea, a former chief of the Malta Gaming Authority (MGA) and the […]