Curaçao issues guidelines ahead of sub-license deadline


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Curaçao issues guidelines ahead of sub-license deadline

The deadline for direct licence applications under the prevailing legislation in Curaçao is set for March 31.

The Curaçao Gaming Control Board (GCB) has released guidelines to aid operators seeking direct licences under the island’s existing gambling laws. Existing sub-license holders must submit their applications by March 31.

Although the guidelines may appear belated, they offer clarity on the application procedure and specify the requisite documents. Notably, applications will be considered complete upon submission of three essential forms: the online gaming application form, personal history disclosure, and corporate and business information form.

In instances where additional documents, such as police conduct reports, are necessary but not provided by the deadline, applicants must demonstrate efforts to acquire them. Master licensors currently bear the responsibility for registering their sub-licensees and associated domains.

The ongoing application process pertains to the issuance of direct licences in accordance with Curaçao’s prevailing legislation, the National Ordinance on Offshore Games of Hazard (NOOGH). Meanwhile, the island’s parliament is in the final stages of crafting new legislation, the National Ordinance for Games of Chance (LOK), aimed at enhancing the reputation of Curaçao’s iGaming sector and channeling more benefits to the island.

During the initial reading of the LOK in Curaçao’s parliament, Finance Minister Javier Silvania emphasized the importance of swift approval, asserting that the legislation would bolster Curaçao’s global standing.

Silvania emphasized:

Curaçao, being a small island, has encountered notable hurdles in its reputation within the online gaming sector. We’ve often been unfairly depicted as a hotspot for illicit activities and money laundering, tarnishing our image. However, the introduction of LOK is poised to revolutionize this perception. This new law will elevate our reputation through the promotion of transparency, accountability, and adherence to international standards in these pivotal domains.

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