The Curaçao Gaming Control Board (GCB) is extending its license application deadline for just another month due to issues with incomplete submissions. [Image: Shutterstock.com]
The Curaçao Gaming Control Board (GCB) is extending the deadline for license applications after a number of operators failed to submit high-quality applications. The one-month extension gives companies until April 30 to meet the required standards and the GCB has warned it will not grant any further leeway.
Some submissions were missing certain key information on the three forms and relevant documents, which would have resulted in delays in processing the applications. The regulator will continue to review applications received since the online submission portal opened in November.
Curaçao is cleaning up the way it manages operators and no longer allows master license holders to issue sublicenses at will. The latter must now obtain their own approval from the regulatory authority.
Bring compliance standards to a modern level
All successful applicants will receive a direct license under the current regulatory regime, which will transition to the new framework once it comes into force. One of the goals of the crackdown is to bring compliance standards to modern levels and prevent nefarious companies from fraudulently claiming to have a Curaçao license.
