Curaçao’s Gaming Control Board (CGA) has issued a strong warning to operations providing gambling services from the island without possessing a valid local license, indicating a major change in addressing illegal gaming activities. This move reflects a more assertive regulatory approach as the nation seeks to improve its image from being a safe harbor for unauthorized operators.
A CGA License Is Mandatory for All Curaçao Operators
Under Article 1.2 (1) of Curaçao’s National Ordinance for Games of Chance (LOK), any company conducting or managing games of chance from Curaçao is required to have a CGA-issued license. The regulation is explicit, disallowing entities based in Curaçao from operating with foreign licenses. The CGA notes that such entities may be infringing not only local gaming laws but also Curaçao’s Criminal Code.
“Many Curacao-registered companies are holding foreign operating (“B2C”) licenses. Not only is this illegal, but this creates false and misleading impressions to third parties.” – CGA statement
The CGA states that companies in violation will soon receive formal cease-and-desist notices. These will be distributed in the coming days, with additional enforcement actions anticipated if violations continue. This new approach by Curaçao aims to tackle enduring concerns and rejuvenate trust in its gambling regulation.
The island has long been criticized for its lax approach to local operators targeting international markets without proper oversight. Japan’s Ministry of Internal Affairs and Communications has been particularly vocal, repeatedly urging Curaçao to close sites accepting bets from Japanese citizens without authorization. Japanese officials argue these operations dodge taxes and lack sufficient consumer protections.
Effective Enforcement Is Imperative
The renewed focus by the CGA follows a recent overhaul of the country’s regulatory framework. The updated legislation enforces stricter rules for licensees and tighter compliance requirements. Licensed operators must now provide regular financial reports, uphold operational integrity, and enact responsible gaming measures, including systems to identify and aid at-risk players, as well as clear self-exclusion choices.
The success of this initiative hinges on the regulator’s ability to rigorously enforce its rules. Previously seen as more theoretical, this crackdown could signal a pivotal shift in Curaçao’s gambling oversight. Cleaning up the industry may also draw higher-caliber investors and international partnerships, delivering long-term advantages.
The following months will test Curaçao’s resolve. A steadfast enforcement could help shed its image as a base for offshore operators exploiting regulatory gaps. Failing that, the island risks ongoing criticism from foreign governments and global watchdogs as more regions strive to shield consumers from illicit operations.
- SCCG Management. The Gambling Industry’s Global Connector. Access Here.
- Source: SCCGManagement.com