The Curaçao Gambling Control Board (GCB) has begun the previously announced application process for iGaming operators seeking new licenses. This long-awaited measure will be of significant benefit to foreign regulators in their fight against offshore gambling sites.
Since September 1, interested operators have been able to access the newly launched GCB website. Through it, applicants can go through the entire licensing process. In particular, there are options to upload files and instructions to ensure compliance while keeping their own platforms running smoothly.
Operators have approximately two months to prepare and submit the necessary documentation, with review starting in November this year. Current license holders will automatically migrate to the new system. Meanwhile, companies with sublicenses will have to apply with the new operators. They have the right to continue operating during the filing and review period.
Applicant operators will first receive provisional licenses. This will ensure a smooth transition to the new system. The stricter application process is expected to broaden the interest of iGaming brands wishing to operate legally to hold a Curaçao license. The move is also important as the island nation prepares for legislative reforms concerning the gambling industry.
The National Gambling Ordinance (LOK) is aimed at modernizing and streamlining regulations
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