Curaçao Revises Legal Framework in Remote Gambling Bill to Improve Regulatory Independence Curaçao’s Ministry of Finance introduces pivotal amendments to its remote gambling bill, signaling a major overhaul in regulatory practices. The revised National Ordinance for Games of Chance (LOK) aims to strike a balance between rigorous oversight and the autonomy of legal professionals in […]
Australia’s Battle Against Curaçao-Licensed Online Casinos: A Regulatory Challenge A Confrontation with Offshore Gambling Operations Amidst the digital age’s promises, Australia faces a pressing challenge from offshore online gambling sites, particularly those licensed in Curaçao. These platforms have aggressively targeted Australian consumers, exploiting regulatory gaps with enticing offers. As the Australian Communications and Media Authority […]
In a noteworthy development, the Parliament of Curacao has taken a firm stance on the current draft of the LOK (online gambling) legislation, declaring it unsuitable for further advancement, despite declarations from Finance Minister Silvania and the staunch denials of issues from the representatives of the Gaming Control Board (GCB). Surprisingly, no one is opposing […]
Curaçao Bar Association Voices Concerns Over LOK Gaming Law Curaçao’s Bar Association has expressed deep reservations about the proposed National Ordinance for Games of Chance (LOK), challenging the powers assigned to the new regulatory body, the Curaçao Gaming Authority (CGA). The law, spearheaded by Finance Minister Javier Silvania, seeks to align the country’s gaming regulations […]