Curaçao to overhaul gambling regime with new regulator, higher bars to entry

Curaçao to overhaul gambling regime with new regulator, higher bars to entry

Article brief provided by iGaming Business
  • Daniel O'Boyle, iGaming Business
July 11, 2022 10:07 PM
  • Daniel O'Boyle, iGaming Business

Cura̤ao is set to drastically reform its entire online gambling regime, setting up a new licensing body Рwith higher barriers to entry and the ability to cooperate with other regulators to tackle illegal gambling Рto replace master licences.

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The island’s licensing regime was notable for its extremely liberal system and low barriers to entry with little scrutiny for operators, but the government intends to change this.

Currently, only four businesses are licensed by the government. Each of these then offer out their own licences on their own terms, meaning that private entities rather than the government wielded most practical control of licensing.