Industry
March 14, 2024
Curaçao Publishes Licensing Guidelines as March 31 Deadline Looms
The Curaçao Gaming Control Board (GCB) has issued more guidelines for operators as the March 31 licensing deadline looms. After that date, operators will no longer be able to register sub-licenses on the GCB portal and will be unable to apply for direct licenses under the current legislation. As a result, gambling companies that wish […]
Industry
February 20, 2024
Curaçao Minister of Finance: First Direct License Is in Line with the LBH
Curaçao’s Minister of Finance, Javier Silvania, defended the decision to provide Rhino Entertainment Group with the region’s first direct license amid LOK-related concerns. Some critiqued the licensing of the company as it precedes the formalization of the territory’s new gambling laws. For reference, Curaçao is currently discussing the National Ordinance for Games of Chance (LOK), […]
Industry
February 5, 2024
CGCB Issues First Direct License to Rhino Entertainment
The Malta-based, fast-growing online gaming operator employing a multi-brand strategy and managing four brands in reputable markets, Rhino Entertainment Group, has become the first operator to obtain a direct license from the Curacao Gaming Control Board (CGCB). According to IGB and EGR Global, the operator that won the Employer of the Year title at the […]
Business
January 19, 2024
Curaçao Gaming Control Board Adds Cedric Pietersz as Supervisory Board MD
The Curaçao Gaming Control Board announced that it has added Cedric Pietersz to its supervisory board. The appointee will serve as the board’s new managing director from February 1, 2024, the body added. Pietersz lacks prior experience in the gambling industry but boasts over 20 decades of experience in the fields of management and supervision. […]
Legal
January 11, 2024
Curacao Gambling Reform Faces New Challenge
A proposed bill, seeing to implement significant changes to the gambling regulation in Curacao is currently being considered by the country’s parliament. Labeled the National Ordinance on Game of Chance (LOK), the new regulations are expected to strengthen the protection for the players and ensure the gambling sector aligns with the high standards established in […]
Industry
January 3, 2024
LOK Licensed Casinos in Curacao Required to Show Digital Seal
As part of the important changes meant to increase transparency and improve credibility in the online gambling industry, all licensed online casinos that have successfully completed the licensing procedure under the National Ordinance on Game of Chance (LOK) in Curacao have to showcase a digital seal on their platforms. Special Conditions Must Be Met The […]
Industry
December 20, 2023
Curaçao Parliament to Issue Verdict on New Gambling Regulations
The Curaçao parliament is currently reviewing a proposed bill aimed at regulating the operation of gambling within the country. Javier Silvania Reveals Curaçao’s Bold Move with LOK The new regulations, called the National Gambling Ordinance (LOK), are poised to introduce heightened standards and bolstered player protection measures. In June, Curacao’s Minister of Finance, Javier Silvania, […]
Industry
December 13, 2023
Curacao’s Minister of Finance Announces New License Fees
At the start of September, Curacao initiated its updated application process for online gambling licenses, reaching a critical milestone in the island’s strategy to improve the legitimacy of its online gambling industry. Now, according to reports from iGamingBusiness, Curacao’s Minister of Finance, Javier Silvania, has officially announced the new fees that gaming operators looking to […]
Legal
November 1, 2023
Curacao Online Gaming Portal Starts Accepting License Registrations
For years, Curacao-based offshore operators have been infamous for their minimal player protection rules and for offering gaming services illegally. Amid growing concerns about problem gambling and efforts to strengthen the regulation, the nation’s online gambling sector is currently going through a transition period that seeks to streamline the regulation and create a fairer and […]
Industry
September 28, 2023
Curaçao Finance Minister Emphasizes Benefits of New Gambling Legislation
Silvania discussed the National Ordinance for Games of Chance (LOK) which is set to usher in significant changes in Curaçao’s gambling landscape. Finance Minister Silvania Highlights LOK as Curaçao’s Shield Against Grey-Listing Threat Minister of Finance Javier Silvania stressed the importance of the LOK, highlighting its role as a “safety net” to protect Curaçao from […]