Under the new regulatory regime in Curaçao, the country’s official regulator of the land-based casino industry, the Curaçao Gaming Control Board (GCB), has granted its 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. Additionally, the regulator issued Digital Seals to three 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 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, but applicants weren’t allowed to register until November 1. The portal processes fresh applications in accordance with existing legislation and registers any sub-licensee who wishes to continue operating following the adoption of the National Ordinance for Games of Chance (LOK). The fresh Curaçao Gaming Authority (CGA) will officially enter the scene as soon as the LOK comes into force.
Cedric Pietersz, Managing Director of the GCB, commented on the first licenses, stating, “2024 heralds a transformative period in the regulatory landscape of Curacao’s gambling sector.” He added that White Star’s licensure signifies a pivotal moment for Curacao’s evolution into a top-tier gambling jurisdiction. Ross Parkhill, CEO of Rhino Entertainment Group, also expressed his excitement about receiving the direct license, stating that it is a thrilling endorsement of their commitment to excellence and responsible gaming.
Although there is strong support for the changing regime in the country, some uncertainty remains as the country operates in accordance with National Ordinance on Offshore Games, and the LOK will amend this legislation. There were reports in January that the LOK had been refused, but it turned out to be false alarms. Curaçao’s Minister of Finance, Javier Silvania, issued a statement disapproving of the misinformation about LOK, providing two clarifications regarding the process.
Overall, the shift to the new regulatory regime in Curaçao marks a significant milestone for the gambling industry, and the issuance of the first licenses demonstrates the country’s commitment to promoting responsible gaming and excellence in the industry.