Curaçao license

curaçao license

“One of the primary elements of the transitions into the new regime is to facilitate uninterrupted continuity of all operations of sub-licence holders.” However, when the LOK does eventually enter into force, all sub-licensees will have a 90-day deadline to make an application for a new licence, regardless of the remaining term of the master licence. During the subsequent application process, the old regulations will apply for up to nine months after the implementation of the LOK. “For those operators who do not wish to move to the new licensing regime, they can continue to conduct business up until the date the relevant master licence expires,” said Jansen. New licences after 1 September. After 1 September, the island’s gambling regulator, the Curaçao Gaming Control Board (GCB), will start issuing licences to operators directly. The licences will automatically convert curaçao license to those granted under the LOK. Bunlardan license biri de Realbahis oluyor.

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However, after 1 September existing master licence holders will still be permitted to issue sub-licences in line with current legislation. Whether applications for sub-licences with master licence holders that are in progress or paused will continue to be processed will be up to the licensees themselves. The minister urged sub-licences to contact their relevant master licence holder for further clarification. legal advisor to the Curaçao ministry of finance sixiènne jansen. “Contrary to much speculation, there has been no change whatsoever to the legislation or permissions since the minister publicly announced the drafting of the new legislation last November,” said Jansen. As such she emphasised that the only change that the ministry would be making on the 1 September date is that it will begin issuing new licences. While Jansen said that operators will have the choice of applying for licences through the GCB board or a master licensee, the forthcoming implementation of the LOK means that the former category of licences will not need to be resubmitted. Reel rush casino.

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