Below the rustic’s unused regulatory regime, Curaçao’s legitimate regulator of the land-based casino trade, the Curaçao Gaming Regulate Board (GCB), has granted its 1st licenses.
First licenses:
The corporate that gained the inaugural direct license is White Big name BV, a section of Rhino Leisure Team, and the license is for its flagship emblem CasinoDays. Beside this, the mentioned regulator additionally issued Virtual Seals to a few leading operators similar to Tiny Space, Geeka Company and Video games and Extra, supporting all manufacturers and domain names underneath their jurisdiction with the formal Virtual Seal of validation from the mentioned regulator.
The affirmation of the license came about most effective 12 weeks following the beginning of the licensing procedure for the latest regime in Curaçao. On this sense, the registration portal used to be officially opened in September. On the other hand, candidates weren’t allowed to check in until November 1.
The aforementioned portal processes unused packages based on present law with the regulator and registers any sub-licensee who needs to proceed working following the adoption of the Nationwide Ordinance for Video games of Probability (LOK). As quickly because the LOK comes into power, the unused Curaçao Gaming Authority (CGA) will formally input the scene.
Commenting at the first licenses, Managing Director of the GCB, Cedric Pietersz, commented: “2024 heralds a transformative period in the regulatory landscape of Curacao’s gambling sector. Since opening our doors to applications less than 12 weeks ago, the volume of submissions has far exceeded our expectations. White Star’s licensure holds a special place in our hearts and history. It signifies a pivotal moment for Curacao’s evolution into a top-tier gambling jurisdiction with many more licences in process.”
Relatedly, commenting at the untouched direct license, Ross Parkhill, CEO of Rhino Leisure Team, mentioned in step with the supply: “Being the first to receive this direct licence is not only a privilege but a thrilling endorsement of our commitment to excellence and responsible gaming. We wholeheartedly support Curacao’s enhanced regulatory processes, recognizing the added value and prestige it brings to our licence. We look forward to fostering an open and communicative relationship with the GCB, ensuring a bright and compliant future for online gaming.”
Getting rid of indecision in Curaçao:
Even though there may be sturdy aid for the converting regime within the nation, some indecision left-overs. Recently, the mentioned nation operates based on Nationwide Ordinance on Offshore Video games of Danger (NOOGH) law. On the other hand, this will likely be amended by way of the aforementioned LOK.
In January, experiences emerged that LOK, which formally entered parliament within the utmost era of 2023, were refused. However the ones experiences became out to be fraudelant alarms.
Afterwards, Curaçao’s Minister of Finance, Javier Silvania, printed a commentary expressing his disapproval on the outrageous “misinformation” about LOK. He moreover supplied 2 clarifications in regards to the procedure. The previous supplies a ultimatum in opposition to incorrect information, time the terminating verifies that the license issuing procedure by way of the GCB remains utterly the similar.
casino industry, the Curaçao Gaming Control Board (GCB), has granted its 1st licenses.First licenses:The company that received the inaugural direct license is White Star BV, a division of Rhino Entertainment Group, and the license is for its flagship brand CasinoDays. Beside this, the said regulator also issued Digital Seals to 3 well-known operators such as Small House, Geeka Corporation and Games and More, supporting all brands and domains under their jurisdiction with the formal Digital Seal of validation from the said regulator.The confirmation of the license occurred only 12 weeks following the start of the licensing process for the newest regime in Curaçao. In this sense, the registration portal was formally opened in September. However, applicants weren’t allowed to register till November 1.The aforementioned portal processes fresh applications in accordance with existing legislation with the regulator and registers any sub-licensee who wishes to continue operating following the adoption of the National Ordinance for Games of Chance (LOK). As soon as the LOK comes into force, the fresh Curaçao Gaming Authority (CGA) will officially enter the scene.Commenting on the first licenses, Managing Director of the GCB, Cedric Pietersz, commented: "2024 heralds a transformative period in the regulatory landscape of Curacao’s gambling sector. Since opening our doors to applications less than 12 weeks ago, the volume of submissions has far exceeded our expectations. White Star’s licensure holds a special place in our hearts and history. It signifies a pivotal moment for Curacao’s evolution into a top-tier gambling jurisdiction with many more licences in process."Relatedly, commenting on the new direct license, Ross Parkhill, CEO of Rhino Entertainment Group, said according to the source: "Being the first to receive this direct licence is not only a privilege but a thrilling endorsement of our commitment to excellence and responsible gaming. We wholeheartedly support Curacao’s enhanced regulatory processes, recognizing the added value and prestige it brings to our licence. We look forward to fostering an open and communicative relationship with the GCB, ensuring a bright and compliant future for online gaming."Eliminating uncertainty in Curaçao:Although there is strong support for the changing regime in the country, some uncertainty remains. Currently, the said country operates in accordance with National Ordinance on Offshore Games of Hazard (NOOGH) legislation. However, this will be amended by the aforementioned LOK.In January, reports emerged that LOK, which officially entered parliament in the last month of 2023, had been refused. But those reports turned out to be false alarms.Afterwards, Curaçao’s Minister of Finance, Javier Silvania, published a statement expressing his disapproval at the outrageous "misinformation" about LOK. He additionally provided 2 clarifications regarding the process. The former provides a warning against misinformation, while the latter verifies that the license issuing process by the GCB stays completely the “/>- JohnSlots: Why Should You Choose Online Slots Over Traditional Slot Machines?When it comes to slot games, the choice between online slots and traditional slot machines is like deciding between a road trip and a private jet. Both can be fun, but one offers so much more in terms of convenience, variety, and potential rewards. If you’re wondering why more players are choosing to spin the…
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