On the 10th of January the Curaçao Gaming Control Board (GCB) issued important updates regarding authorisation rights for accessing and using the GCB Portal.
Regulation
‘Recent gambling infrastructure changes have increased the value of the jurisdiction drastically,’ says IGA Group Director Mario Fiorini.
On December 30th, President Luiz Inácio Lula da Silva signed Bill of Law 3626/23 approving a new regulatory framework for sports betting and iGaming.
The National Ordinance for Games of Chance (LOK) has been officially submitted to Parliament and the Minister of Finance has initiated a sequence of procedures to facilitate the transition from the existing framework to the new system upon the law’s enactment.
Last Monday, Curaçao’s minister of finance Javier Silvania disclosed the fees that will be charged for licences under the current (NOOGH) and incoming (LOK) legislations.
In a significant move aimed at enhancing transparency and industry engagement, the Ministry of Finance in Curaçao is excited to announce the commencement of direct licensing by the Gaming Control Board (GCB).
Curaçao is set to implement the National Ordinance for Games of Chance (LOK), a reform of its licensing regime for foreign operators.
Curaçao is taking significant steps to enhance its regulatory framework for the gambling industry and hold operators accountable to international standards.
29 Nov: Giving iGaming operators licence to succeed: ‘Regulated markets provide a safer environment’
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