August 16, 2024
The Curaçao Gaming Control Board (GCB) has announced that existing Master Licenses will not be renewed or extended beyond their current expiration dates, which are fast approaching. This decision marks a significant shift in the regulatory landscape for operators licensed in Curaçao, and it is essential to understand the implications.
To facilitate the transition, the GCB has introduced two critical seals:
If you hold a Master License in Curaçao, it’s crucial to act now. With these licenses set to expire soon, applying for a direct GCB license is the best way to ensure your operations remain uninterrupted. The introduction of the Green and Orange Seals is a clear signal that the GCB is tightening its regulatory framework, and only those who comply with the new standards will be allowed to continue. For pre-existing Curacao (sub-)license holders with expiring Master Licenses, the Orange Digital Seal is intentionally created to prevent uncertainty of a valid license until your direct government (GCB) license is issued.
For personalized advice and assistance with your licensing needs, don’t hesitate to reach out. We're here to help you navigate these changes smoothly.
Written by Arran McCarthy
EM Group offers compliance and corporate services for companies active in the online-gaming industry in Curaçao, Malta, the Netherlands and Cyprus
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