Curaçao has long been a hub for online gambling operators, offering licenses to various international casino and sportsbook platforms. The islands system has drawn businesses seeking a favourable regulatory environment.
However, as the industry continues to evolve, the need to update the regulations became clear and the market has now entered a “transition” phase, with applications for licences being accepted from 15 November.
Under the leadership of Dr Javier Silvania, minister of finance, the Government of Curaçao has introduced new regulations to align with international best practices and strengthen the islands reputation as a responsible gambling jurisdiction.
During his opening speech at SiGMA Curaçao, the Minister confirmed “We now have the chance to boost employment, enhance our education system, rejuvenate business districts and upskill our citizens, ensuring that our community doesn’t just grow, but thrives”.
As a fundamental part of the new legislative landscape there over time will be a requirement of local substance by way of employees of significance. Given this range of new and unprecedented employment opportunities, it is no surprise that the iGaming Academy Masterclass held during the event, was jam packed!Delivered by our head of compliance, Yuliya Khrenova, we covered elements such as Online Casino Management, CRM, Marketing, and iGaming Compliance, including AML and Player Protection.
The masterclass was a huge success, drawing an audience of over 100, with around 70% being from Curaçao itself. Dr Javier Silvania, minister of finance of Curacao commented: “We are delighted to witness the remarkable success of the iGaming Academy Masterclass, which serves as a testament to the growing interest and enthusiasm of our local population in developing skills and pursuing future job opportunities in the dynamic world of iGaming.
“Moreover I extend my warmest gratitude to the iGaming Academy for their proactive support and substantial investment in helping us navigate and implement new regulations, ensuring a prosperous and regulated future for this exciting sector.”
Following the interest in this initial masterclass, iGaming Academy, in partnership with a local training institute are developing a range of Curaçao specific courses, covering a diverse topic list.
Developed in line with the guidance specified in The National Ordinance for Games of Chance (LOK), the training will be aimed at both persons in “key positions” and local people who are looking at upskilling and pursing a new and exciting career path!
This marks a significant step forward in Curaçao’s effort to ensure that its gambling industry operates with the highest standards of integrity and responsibility.
To keep up to date with Curaçao’s regulatory and training developments you can meet with both iGaming Academy (stand 2097) and the Gaming Control Board (GCB) (stand 1068) at SiGMA Europe, from Tuesday 14 November.