As you can see from the diagram, current sublicense holders will be invited to apply through a special online portal. This application will have to be submitted within 90 days from the entry into force of the new legislation. The operator will be able to maintain uninterrupted operation and continue to operate after submitting the application and for the duration of the provisional license, until the issuance of the full license. Obtaining a license for new operators. The situation with the license for new operators who do not have a valid license will be radically different. They will be obliged to get a preliminary confirmation and only after that, they will be able to register a company and apply for a license. Abdülkerim, license karşılaşmanın 22.
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There will also be a new tax system for gambling businesses. Exact figures and amounts will be known at the time of publication of the law. The text of the bill is not available to the public. Oversight of operators. The Curacao Gaming Authority will be the body responsible for enforcing the new legislation. The CGA will be responsible for issuing recommendations, warnings, fines, requirements for correction, and decisions to revoke the license. Due Diligence Procedure. The legislation provides a new procedure for the verification of all shareholders and key persons of the applicants’ companies. Casino para yatırma 7 gün.
Jansen outlined how the island would be handling licences at iGB L!VE, as the National Ordinance for Games of Chance (LOK) approaches implementation. The LOK is the planned legislation that will reform the country’s licensing regime for foreign operators. In 2020, the Netherlands government requested that Curaçao reform its gambling regulations as a condition of financial relief in the wake of the Covid-19 pandemic. This largely involved a shake-up of the Curaçao gambling licence, which in recent years gained a reputation as one of the more permissive licensing jurisdictions in the world. Curaçao has gained a reputation has one of the more permissive licensing hubs. Under current law, operators must apply for a sub-licence from one of the four current master licence holders in order to gain approval. Jansen said it is the government’s intention to see this system phased out. While the legislation has not yet been submitted to parliament, the regulators will be issuing new licences with enhanced obligations from 1 September. Importance of continuity.
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