Curacao Ensures Accountability for Unlawful Operation of Casinos in Foreign Markets
In recent months, the gaming regulatory authority in Australia reached out to Curacao with a plea for collaboration in addressing the issue of Curacao-licensed online casinos engaging in unauthorized activities within the Australian market. Subsequently, productive discussions transpired, resulting in a mutual commitment to collective action. Both parties have aligned their efforts to enforce compliance and hold accountable those online gaming platforms that defy Australian legal regulations.
The collaborative meeting served as a platform for Curacao to elucidate its forthcoming regulations. These stipulate that existing license holders will be required to undergo a reapplication process once the new guidelines take effect in September. It was emphasized that transgressions of legal statutes in foreign jurisdictions would significantly impede these operators' prospects of obtaining or retaining their licenses.
Notably, the Australian regulatory body has already furnished Curacao with a comprehensive roster of operators illicitly operating within their market. Curacao has unequivocally affirmed that this comprehensive list will carry substantial weight in the evaluation of operators seeking licensing within its jurisdiction.
Linked materials
Our Conclusion
Unfortunately, by all the change into the legislation, Curacao still does not react on any players’ complaints and does not ensure the security of the players. Alas, this is simply sad that iGaming license does not accomplish the most important issue.
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