Curaçao: All master licences to get one-year extension. Jansen outlined how the island would be handling licences at iGB L!VE, as the National Ordinance for Games of Chance (LOK) approaches implementation. The LOK is the planned legislation that will reform the country’s licensing regime for foreign operators. In 2020, the Netherlands government requested that Curaçao reform its gambling regulations as a condition of financial relief in the wake of the Covid-19 pandemic. This largely involved curaçao license a shake-up of the Curaçao gambling licence, which in recent years gained a reputation as one of the more permissive licensing jurisdictions in the world. Curaçao has gained a reputation has one of the more permissive licensing hubs. Under current law, operators must apply for a sub-licence from one of the four current master licence holders in order to gain approval. Jansen said it is the government’s intention to see this system phased out. Erişim tarihi: license 7 Kasım 2016 .
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Also, a new type of license will be introduced for B2B vendors (for the first two years having a license for them will be optional). Accordingly, the operator will only be able to use software from vendors with a local license. Increased regulatory requirements. Fair Play. The changes include new standards for game fairness to ensure that all games offered are transparent and fair. This includes a set of measures to certify games and regular audits of games to ensure compliance with these standards. Player Protection. The new legislation includes measures to protect vulnerable players: responsible gaming policies, a dispute resolution mechanism, and a procedure for filing and handling complaints from players. Fenomenbet kumarhane kaydı.
We are keeping our finger on the pulse and will be the first to receive more detailed information regarding the requirements and inform you immediately. We are also preparing a contingency plan for alternative licenses for those operators who will not be willing or otherwise unable to comply with the new regulatory requirements of the Curacao license. If you have any questions about future changes or would like to discuss a plan for further action, please contact the lawyer accompanying your project. We will be happy to answer any questions you may have. Curaçao: All master licences to get one-year extension. Jansen outlined how the island would be handling licences at iGB L!VE, as the National Ordinance for Games of Chance (LOK) approaches implementation. The LOK is the planned legislation that will reform the country’s licensing regime for foreign operators.
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