In Curaçao For The First Time Will Be Itroduced Control Over Online Gembling

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January 10, 2022
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The regulatory authority responsible for land casino curacao will now also control and online games.

IN CURAçAO FOR THE FIRST TIME WILL BE ITRODUCED CONTROL OVER ONLINE GEMBLING

The supervision of the interactive gembling sector will be transferred from the ministry of justice curaçao finance minister, which is a local gambling council (gcb).

While curaçao is a composite country of the netherlands, legislators called on to adopt new rules, arguing that online casinos with a license obtained on curaçao and serving dutch players do not have the necessary permission for this.

The local newspaper antilliaans dagblad reported that there is a good argument in favor of expanding the control and appointment of gcb as a single gambling regulator on curaçao. Kenneth gisisbert, minister of finance, explained that illegal gambling spoils the international image of curaçao, and also confronts the payment of prizes to players choosing illegal interactive gambling sites.

There was still no special oversight of online games in curaçao, even though the activity has increased significantly in recent years and the audience of international players has increased.

According to the minister of finance, the gcb supervision covers all gambling offered on curaçao, and uniformly used in all sectors. The supervisory system also includes laws and regulations aimed at combating money laundering, financing and spreading terrorism, as well as with illegal gambling.

Gisisbert noted that illegal providers do not contribute to treasury, as do not pay licensed fees or taxes from income receied by illelly, and are unscrupuloun compettion for legally operating operators.

Recall: curaçao issues gambling licenses to many operators. Last summer, breakout gaming group became one of the licensees.

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