Curacao Gaming Control Board has granted its first licenses in the new regional regulatory framework.
White Star, a part of Rhino Group Entertainment, secured a license in Curacao to operate its CasinoDays. Digital Seals are now available for Games and More and Geeka Corporation.
The confirmation of the license comes only 12 weeks after Curacao began a licensing procedure for the new regime. The portal for registration opened in September, but the first applicants were not able to register until November 1.
Portal has processed new applications with the GCB under the existing laws and registered all sub-licensees who want to continue operating even after the National Ordinance for Games of Chance is enacted.
The new Curacao Gaming Authority will be established after the LOK comes into effect.
Cedric Pietersz, the new managing director of the GCB said that 2024 will be a transformational year for Curacao’s gambling industry. The volume of applications has exceeded all expectations since we opened our doors less than 12 week ago.
The White Star license holds a very special place in both our history and hearts. This marks a turning point in Curacao’s development into a premier gambling jurisdiction, with more licenses on the way.
Rhino’s CEO Ross Parkhill said: “To be the first company to obtain this license is not just a great honor, but also a testament to our dedication to responsible gambling and excellence.
We support Curacao’s improved regulatory processes and recognise the value it adds to our license. “We look forward to fostering a communicative and open relationship with the GCB in order to ensure a bright future for online gambling.”
Clarifying confusion about Curacao
There is confusion about the new regime, even though there has been a lot of support. LOK will replace the NOOGH legislation that currently governs Curacao.
Reports surfaced last month stating that the LOK which was introduced to parliament in December had been rejected. These reports turned out to be untrue.
Javier Silvania released a press release condemning “misinformation”, which was rampant, surrounding the LOK.
Silvania clarified the process in two ways. Silvania clarified the process in two ways.
To clear up any confusion, iGB explained the legislative process in the parliament of the respective jurisdiction.