What should operators prepare for? During the ICE conference in London, from February 7-9, our team held talks with Gaming Curacao, one of the 4 holders of the Master License, as well as with the Ministry of Finance of Curacao about future regulatory changes regarding the most popular gambling license on the market. Information about upcoming changes has been regularly presented in the media over the past years, due to the global trend of tightening regulation and the particular pressure of the Netherlands on Curacao. During the conference, the Ministry of Finance of Curaçao presented its plan for key changes to the license, and we have compiled basic information and facts that current and new operators should be aware of. New regulator and license structure. Today, Curaçao licenses are issued by Master license holders. Master license holders are private companies that were granted the right to conduct gambling activities by the government of Curacao in the late 90s. There were only 4 such companies on the market. Özellikle tatil mekanları olan İstanbul, Ankara, İzmir, Bursa, Antalya gibi otellerin pek çok alternatif curaçao yılbaşı programı sunduğunu biliyoruz.
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The text of the bill is not available to the public. Oversight of curaçao license operators. The Curacao Gaming Authority will be the body responsible for enforcing the new legislation. The CGA will be responsible for issuing recommendations, warnings, fines, requirements for correction, and decisions to revoke the license. Due Diligence Procedure. The curaçao license legislation provides a new procedure for the verification of all shareholders and key persons of the applicants’ companies. Particular attention will be given to verifying the sources of income and wealth of the applicants under the new regulations. Fancy reels casino.
New licences after 1 September. After 1 September, the island’s gambling regulator, the Curaçao Gaming Control Board (GCB), will start issuing licences to operators directly. The licences will automatically convert to those granted under the LOK. The minister said these licences will have three important features: These licences will be issued under current legislation, not the LOK; The licences will be directly issued to operators. The approval will only grant the holder the right to operate gambling, not to offer sub-licences; The new licence will include provisions addressing anti-money laundering and responsible gambling obligations.
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