This authority's primary objective is not only to prevent illegal activities but also to actively curb them.

Curaçao aims to ensure a level playing field for operators and suppliers by collaborating with reputable jurisdictions.Ī crucial development under the LOK is the establishment of a new supervisory authority, the Curaçao Gaming Authority. Minister Silvania emphasized the importance of transparency and compliance, demanding operators to adhere to legislation that meets the minimum requirements of international laws and guidelines regarding money laundering. The new legislation, known as the National Gambling Ordinance (LOK), is currently under review by the Advisory Council and is expected to introduce more rigorous rules in the gambling industry, focusing on anti-money laundering measures, fraud prevention, and player protection. The announcement was made by Minister of Finance, Javier Silvania, during the iGaming NEXT Valletta 23 conference. In a bid to enhance integrity and align with international standards, Curaçao is set to impose stricter regulations on online gambling operators starting from September 1st, 2023.

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