One of the existing Curacao master license holders has officially announced that its license will expire on August 18th.
Gaming Servicer Provider N.V., better known as Gaming Curacao, sent out an email late Friday night informing its client base about the impending changes. In it, the company referred to the changes being implemented by the Curacao government:
“The Minister of Finance and the Curacao Gaming Control Board (GCB) have restructured the jurisdiction to provide direct licensing from the GCB. As a result, Gaming Curacao’s Master License (365JAZ) will not be extended and will expire on August 18th, 2024.”
The announcement went further to say any reference online to the company’s logo or master license after this date will be fraudulent and not supported or endorsed by the Curacao government. The company also advised its customers to ensure all data backups including player information, games played, payment information and correspondence are up to date through August 18th.
The changes to the Master License validity will also affect the other master licensees in the island nation, who will all see their existing licenses expire in August. This effectively brings the Curacao licensing framework of old to an end.
The Curacao government is currently revamping its licensing regime, with a new law, the Landsverordening op de kansspelen (Lok), due to replace the current regulations that are still being used during a period of transition and with stricter implementing rules.