Curacao Issues First iGaming Licenses Under New Regime

Curacao Issues First iGaming Licenses Under New Regime

first_license_issued_by_curacao_gaming_control_board The Curacao Gaming Control Board, the federal government body in charge of controling iGaming in the area, has actually revealed it released its very first licenses under the brand-new regulative program that entered into impact

in 2015. Amongst the entities getting licenses we can discover White Star, a brand name that belongs to the Rhino Entertainment Group, which protected a brand-new license for its CasinoDays online gambling establishment brand name. At the very same time brand names such as Games and More, Geeka Corporation and Small House have actually gotten Digital Seals from the Gaming Control Board.

The verification of the licenses being released comes simply twelve weeks after Curacao released its brand-new licensing procedure, with applications being gotten beginning the very first day of November 2023.

The licensing website has actually been processing brand-new applications under existing legislation, asking all licensees to send applications if they wish to keep running after the brand-new National Ordinance for Games of Chance gets authorized. When that brand-new legislation enters into result, the Curacao Gaming Authority will take control of the licensing procedure and of the entire regulative side of the iGaming service in the area. The brand-new law was sent to the Curacao Parliament for approval in December 2023.

A Transformative Period

Cedric Pietersz, the Managing Director of the Curacao Gaming Control Board stated that “2024 declares a transformative duration in the regulative landscape of Curacao’s gaming sector” and exposed that the volume of applications for licenses “far surpassed” the regulator’s expectations.

“White Star’s license holds an unique location in our hearts and history,” the Managing Director continued. “It symbolizes a turning point for Curacao’s advancement into a top-tier betting jurisdiction with much more licenses in procedure.”

Ross Parkhill, the Chief Executive Officer of the Rhino Entertainment Group, included that being the very first entity to get such a license represents “an advantage” for his business and likewise an acknowledgment of its “dedication to quality and accountable video gaming.”

The Chief Executive Officer included that his business “completely” supports the brand-new regulative procedure that is being carried out in Curacao, highlighting that it brings “included worth and eminence” to the online gambling establishment’s license.

Source: “First License Issued By Curacao Gaming Control Board Under New Regime”. European Gaming. February 5, 2024.

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