Curacao regulatory reform – Curacao Gaming Authority to start issuing new Licenses from 1st September.

The online gaming industry of Curacao was legalized in 1993. Since then online gaming licenses have been issued by the Minister of Finance, which has been tasked with the supervision of the online gaming sector. In 2018 the Minister of Finance tasked the Curacao Gaming Control Board (GCB) with the regulation of the online gaming sector and subsequently the GCB was appointed the AML/CFT supervisor for all gaming sectors operating in and from Curacao, which includes the online gaming sector. GCB has been in existence since 1999 and has been responsible for regulating the land based casino industry.


  • The new legislation is at the final stage before being brought up to the Parliament
  • The regulator will be the newly established Curacao Gaming Authority (CGA) replacing the Curacao Gaming Control Board
  • CGA will issue independently B2C and B2B Licenses, monitor operators and take action when needed against them
  • New system will phase out the current Master Licensing model – there are currently four Master Licensors who are in turn sub-Licensing to casino operators

The new legislation will be effected from 1st September 2023

Proposed changes of the Law known as National Ordinance on Games of Chance, or LOK:

  1. Tolerance for Cryptocurrencies until Crypto related legislation comes into force
  2. The exact license fees have not yet been determined, but they will be competitive. Those who meet the requirements for real economic substance may be eligible for fee reductions.
  3. Real Economic Substance Requirements: Only legally established entities in Curacao will be granted online gaming licenses. Within five years, a physical office and the employment of at least three key personnel on a permanent, full-time basis will be required. New businesses may be exempted from such requirements.
  4. Existing operators will be granted a transition period of 18 months to comply with the new legislation by applying for a government license within three months of its implementation.
  5. A web-based application portal will be established for the pre-licensing of operators.
  6. The license will be non-transferable and cannot be sub-licensed.

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