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Curaçao Launched the Licensing Platform for Gambling Companies

05 september 2023
Author: James Burton

Curaçao's Gaming Control Board (GCB) introduced a new portal that helps gambling brands obtain an official licence. Getting acquainted with application forms and acquiring detailed instructions online is already possible. Starting from November 2023, entrepreneurs will be able to submit a request.

Key Highlights

Licence Application Portal from Curaçao

Curaçao's GCB is getting ready for the National Ordinance for Games of Chance (LOK), which inspired the idea of developing the digital platform. This will help international gambling brands obtain the necessary documentation to legally function in the market. The new permitting procedure will not amend but strengthen the present law.

The regulator currently offers 4 main licensees. As soon as the LOK is implemented, operators can claim a new certificate. The digital portal has the power to make the whole routine faster and easier.

Experienced brands can stick with the existing arrangements. New market players are about to obtain a provisional document that happens to be subject to audit within half a year upon approval.

Let us see 3 elements of the licensing process:

  1. An online request needs to contain business objectives.
  2. A declaration covers primary figures associated with the gambling company.
  3. Corporate disclosures aim to familiarise customers, investors, and analysts with pertinent details.

Start a trustworthy gambling business anywhere in the world. Contact the Casino Market managers to obtain the licence to operate in a legal field.

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