Curacao Reforms Gambling Industry with New Regulatory Framework

[MissExposé]

Curaçao is reforming its gambling sector with the National Ordinance for Games of Chance (LOK), approved in December 2024. This initiative, driven by collaboration with Dutch authorities, aims to enhance transparency, combat money laundering, and address past licensing scandals. The Curaçao Gaming Authority (CGA) will oversee licensing, compliance, and enforcement under stricter regulations aligned with international standards. Supported by the Dutch Kansspelautoriteit, the reforms focus on responsible gambling and consumer protection. By implementing the LOK, Curaçao seeks to restore confidence, attract legitimate operators, and establish a globally competitive gambling industry that prioritizes transparency and accountability.

Source: https://www.casinonewsdaily.com/blo...-netherlands-partner-on-lok-gambling-reforms/