The Caribbean island nation of Curaçao is giving operators until March 31 to register their interest in obtaining a license for online gaming, Yogonet reported March 18.
The Curaçao Gaming Control Board (GCB) issued nine pages of guidelines for operators in advance of the deadline. Once that date passes registration for sub-licenses by operators will end.
This follows the National Ordinance on Offshore Games of Hazard (NOOGH). The guidelines require operators to be complete and accurate in their license applications. This includes providing personal history and corporate and business information.
Operators must also commit to complying with anti-money laundering and know-your-customer procedures as part of Curaçao’s transition to the new regulatory framework, which began in September. At that time the GCB began accepting applications through the online portal.
Curaçao’s Minister of Finance, Javier Silvania declared, “Amid this entire process we have been all too aware of a significant amount of misinformation, confusion and accuracy and I strongly urge against the further propagation of unverified rumors or speculation.”
The island nation’s parliament has begun considering the National Ordinance for Games of Chance (LOK). If adopted, LOK will put all regulatory and licensing authority for all forms of gaming under the Curaçao Gaming Authority (CGA).
