Curaçao is collaborating with the Dutch government to implement its recently approved gambling legislation, as confirmed by Finance Minister Javier Silvania.
Following the meeting with Dutch Minister of Justice and Safety David van Weel and Secretary of State for Kingdom Relations and Digitalisation Zsolt Szabó, Curaçao’s Finance Minister Javier Silvania (pictured) detailed the next steps for implementing the National Ordinance for Games of Chance (LOK), which was passed in December.
The LOK bill, passed by a vote of 13 to 6, marks a pivotal effort in reforming Curaçao’s gambling industry, which has been embroiled in licensing controversies.
Originally introduced to parliament in December 2022, the reforms are a direct response to conditions set by the Dutch government. These requirements, linked to COVID-19 relief funds, included a mandate to improve regulation and transparency within Curaçao’s gambling sector. The initiative is a major step towards restoring credibility and enforcing stricter oversight.
The recent meeting follows a motion in the Dutch parliament, advocating for closer collaboration between the Netherlands and Curaçao to strengthen regulations and enhance oversight of the gambling sector. Key priorities include preventing money laundering, preventing subversion, as well as upholding the integrity of public administration.
Finance Minister Javier Silvania reiterated Curaçao’s commitment to establishing a safe, transparent, and well-regulated gambling sector, highlighting the island’s openness to continued collaboration with Dutch authorities. Both parties agreed that close cooperation between Curaçao’s new gambling regulator, the Curaçao Gaming Authority (CGA), and the Netherlands Gambling Authority (KSA) is vital. The partnership will focus on sharing expertise and best practices to ensure compliance with international standards.
To oversee the implementation of the National Ordinance for Games of Chance, both governments will hold semi-annual consultations. Also, the Curaçao government will host informational meetings with key stakeholders, including the Public Ministry and the Financial Intelligence Unit Curaçao, to ensure alignment and track progress toward achieving the reforms’ objectives.
Following the meeting with Dutch Minister of Justice and Safety David van Weel and Secretary of State for Kingdom Relations and Digitalisation Zsolt Szabó, Curaçao’s Finance Minister Javier Silvania (pictured) detailed the next steps for implementing the National Ordinance for Games of Chance (LOK), which was passed in December.
The LOK bill, passed by a vote of 13 to 6, marks a pivotal effort in reforming Curaçao’s gambling industry, which has been embroiled in licensing controversies.
Originally introduced to parliament in December 2022, the reforms are a direct response to conditions set by the Dutch government. These requirements, linked to COVID-19 relief funds, included a mandate to improve regulation and transparency within Curaçao’s gambling sector. The initiative is a major step towards restoring credibility and enforcing stricter oversight.
The recent meeting follows a motion in the Dutch parliament, advocating for closer collaboration between the Netherlands and Curaçao to strengthen regulations and enhance oversight of the gambling sector. Key priorities include preventing money laundering, preventing subversion, as well as upholding the integrity of public administration.
Finance Minister Javier Silvania reiterated Curaçao’s commitment to establishing a safe, transparent, and well-regulated gambling sector, highlighting the island’s openness to continued collaboration with Dutch authorities. Both parties agreed that close cooperation between Curaçao’s new gambling regulator, the Curaçao Gaming Authority (CGA), and the Netherlands Gambling Authority (KSA) is vital. The partnership will focus on sharing expertise and best practices to ensure compliance with international standards.
To oversee the implementation of the National Ordinance for Games of Chance, both governments will hold semi-annual consultations. Also, the Curaçao government will host informational meetings with key stakeholders, including the Public Ministry and the Financial Intelligence Unit Curaçao, to ensure alignment and track progress toward achieving the reforms’ objectives.
![[DK]](/data/avatars/s/57/57999.jpg?1720990206){kind=avatar}
