{"id":9943,"date":"2025-06-27T12:44:25","date_gmt":"2025-06-27T11:44:25","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=9943"},"modified":"2025-06-27T12:44:30","modified_gmt":"2025-06-27T11:44:30","slug":"curacao-to-extend-temporary-lok-licenses","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2025\/06\/27\/curacao-to-extend-temporary-lok-licenses\/","title":{"rendered":"Curacao to Extend Temporary LOK Licenses"},"content":{"rendered":"\n

As Cura\u00e7ao <\/strong>continues its regulatory evolution, the island\u2019s authorities have announced that several provisional licenses have been extended.<\/p>\n\n\n\n

It\u2019s a move that applies to both Green Seal B2C<\/strong> entities and also to B2B license<\/strong> holders, with relevant parties now being ordered to ensure they are compliant with LOK<\/strong> requirements on 24 December 2025<\/strong>, under the same conditions as previously put forward. <\/p>\n\n\n\n

The new law is seeking to modernise the Cura\u00e7ao gaming framework and licensing procedure.<\/p>\n\n\n\n

Nonetheless, the Cura\u00e7ao Gaming Authority<\/strong> did lay out that not all operators will be granted the full six-month extension period, underpinning the importance of them showing progress when it comes to LOK standards.<\/p>\n\n\n\n

There are a number of requirements that need to be implemented as a result of the policy, specifically around player verification and social responsibility.  <\/p>\n\n\n\n

These checks include age verification, player self-assessments, deposit limits and additional training for marketing partners and affiliates. <\/p>\n\n\n\n

The new framework details that staff should be able to handle player interactions professionally and effectively, whilst also emphasising the importance of staff being able to recognise the signs of gambling distress and ensuring they can conduct sensitive and structured conversations with players. <\/p>\n\n\n\n

The new framework also sees the enforcement of significant self-exclusion protocols, ordering operators to display clear self-exclusion guidance. <\/p>\n\n\n\n

As well as this, central to the new framework is the advancement of efforts when it comes to AML protocols as the country looks to eradicate bad actors within the B2C and B2B space. <\/p>\n\n\n\n

Further underpinning Curacao seeking to enter a new era for compliance, it also emphasised the need for operators to have a presence on the island and ensure they are in touch with developments there.<\/p>\n\n\n\n

This took on heightened importance when the Supreme Court of the Netherlands<\/strong>, which is the highest court in all constituent countries of the Kingdom of the Netherlands, including Cura\u00e7ao, ruled that Master licence holders in Cura\u00e7ao can be held accountable for the shortcomings of their sublicensees at the end of last year.<\/p>\n\n\n\n

The original revealing of the new framework came as Cura\u00e7ao was removed from the EU tax grey list, a significant decision in boosting the country\u2019s reputation.<\/p>\n\n\n\n

Previously speaking to iGaming Daily<\/strong>, Aideen Shortt<\/strong>, advisor to the Cura\u00e7ao Gaming Authority, emphasised if operators want \u201cto leave Curacao now when the jurisdiction is tidying itself up, that speaks volumes.\u201d<\/p>\n\n\n\n

\u201cSo our viewpoint is that a jurisdiction is about not just the law, the regulator, but also the operators, the suppliers, all the ancillary services. So our legislation has been drafted with that in mind that it has to work.\u201d <\/p>\n\n\n\n

There was previously some criticism over the process for licensing within Cura\u00e7ao, with Luigi Faneyte, who is a member of the opposition Real Alternative Party. He alleged money laundering and corruption claims towards the CGA, however, these were vehemently denied by the body as it continues in its efforts to grow its gaming sector.<\/p>\n\n\n\n

Don’t forget to subscribe to our Telegram channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

As Cura\u00e7ao continues its regulatory evolution, the island\u2019s authorities have announced that several provisional licenses have been extended. It\u2019s a move that applies to both Green Seal B2C entities and also to B2B license holders, with relevant parties now being ordered to ensure they are compliant with LOK requirements on 24 December 2025, under the […]<\/p>\n","protected":false},"author":7,"featured_media":9944,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[5,1,24,564],"tags":[13174,11683,4868,13173,10851],"class_list":["post-9943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gambling","category-news","category-regulations","category-slider","tag-aideen-shortt","tag-cga","tag-curacao-2","tag-curacao-gaming-authority","tag-lok"],"yoast_head":"\nCuracao to Extend Temporary LOK Licenses - SBC EURASIA EN<\/title>\n<meta name=\"description\" content=\"As Cura\u00e7ao continues its regulatory evolution, the island\u2019s authorities have announced that several provisional licenses have been extended.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2025\/06\/27\/curacao-to-extend-temporary-lok-licenses\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Curacao to Extend Temporary LOK Licenses - 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