The Netherlands and Curaçao Join Forces for a Safer Gambling Industry
Curaçao and the Netherlands are working closely together to strengthen Curaçao’s gambling sector. With the introduction of the new Gambling Ordinance (LOK), which came into effect on December 24, 2024, improved regulation and oversight are being prioritized.
Main Goal: A Safe and Fair Gambling Market
The primary objective of the new law is to combat criminal activities such as money laundering and corruption. Close cooperation between the Dutch and Curaçao authorities is essential to achieve this. By sharing knowledge and experience, both countries aim to create a fair and secure gambling environment.
Collaboration Between CGA and KSA
A key part of this initiative is the partnership between the Curaçao Gaming Authority (CGA) and the Dutch Gambling Authority (KSA). These organizations plan to:
- Strengthen their oversight and enforcement.
- Hold regular meetings (at least twice a year).
- Work together to enhance the online gambling sector.
Support from the Netherlands
The Netherlands plays an active role in this collaboration. Curaçao’s Minister of Finance, Javier Silviana, has highlighted the valuable advice provided by Dutch authorities. This input has helped establish a strong legal foundation and improve the effectiveness of the new gambling law.
Background of the Collaboration
The partnership was facilitated by a motion from Michiel van Nispen, which was approved by the Dutch Parliament. This motion ensures that the Netherlands remains actively involved in improving oversight and tightening regulations in Curaçao.
Conclusion
With the new law and the strong collaboration between the Netherlands and Curaçao, the gambling sector is becoming safer and more transparent. This marks an important step toward a better future for the online gambling market.