IslandsDaily
42% of Curaçao Online Gaming Licenses Stuck in Limbo, Many ExpiredPhoto: Curaçao Chronicle
BusinessCuraçao

42% of Curaçao Online Gaming Licenses Stuck in Limbo, Many Expired

Source: Curaçao Chronicle·33 minutes ago·Curaçao·1 min read

A significant portion of online gaming licenses issued by Curaçao remain in an 'under assessment' status, with 42% of all active licenses yet to receive a final determination from regulators. Making matters more concerning, the majority of these pending licenses have already passed their printed expiry dates, raising questions about the legal standing of the operators holding them. Curaçao has long been a major global hub for online gaming licensing, with hundreds of international operators relying on its regulatory framework to legally offer services worldwide. The backlog suggests the island's gaming regulatory body is struggling to keep pace with renewal and assessment demands, potentially leaving operators in a legal gray area. This situation carries serious implications for the credibility of Curaçao's licensing regime at a time when the island has been working to modernize and tighten its gaming regulations. Operators found to be functioning on expired or unresolved licenses could face challenges with payment processors, software providers, and international regulators. The regulatory uncertainty may also undermine confidence among players and business partners who depend on the validity of Curaçao-issued licenses.

Key Facts
  • 42% of Curaçao's online gaming licenses are currently listed as 'under assessment' with no final ruling.
  • The majority of these pending licenses have already passed their printed expiration dates.
  • Curaçao is one of the world's most prominent online gaming licensing jurisdictions, making this backlog internationally significant.
Enjoyed this story? Get the daily digest free.
Digest launches early October — subscribe now to reserve your spot.
Read original articleSummary translated automatically · Source: Curaçao Chronicle

You are leaving IslandsDaily. The article will open on the publisher's site in its original language — your browser may offer to translate it.

More from Business · Curaçao

CurAqua Plans Eco-Friendly Fish Farm Powered by Renewable Energy
Business

CurAqua Plans Eco-Friendly Fish Farm Powered by Renewable Energy

CurAqua, a local aquaculture company, is moving forward with plans to establish a fish farm in Curaçao that will rely on recirculating aquaculture systems (RAS) and renewable energy sources. The recirculating water technology allows fish to be raised in a controlled environment where water is continuously filtered and reused, significantly reducing overall water consumption. The use of renewable energy is intended to minimize the farm's carbon footprint and lower operational costs over time. The project represents a notable step toward sustainable food production on the island, which currently imports the vast majority of its seafood. A locally operating fish farm could reduce Curaçao's dependence on food imports and strengthen the island's food security. CurAqua's approach aligns with broader regional efforts to develop environmentally responsible industries in the Caribbean. No specific timeline or production capacity targets were disclosed in the announcement.

Key Facts
  • CurAqua plans to build a fish farm in Curaçao using recirculating aquaculture systems that filter and reuse water.
  • The facility will be powered by renewable energy to reduce environmental impact and operational costs.
  • The project aims to boost local food production and reduce the island's reliance on imported seafood.
Read story Read original article Summary translated automatically · Source: Curaçao Chronicle
KLM passengers get no compensation after exploding powerbank caused 25-hour delay
Business

KLM passengers get no compensation after exploding powerbank caused 25-hour delay

Passengers aboard a KLM flight that experienced a burning powerbank on September 17 will not receive any financial compensation for their ordeal. All 322 passengers on the flight suffered a 25-hour delay as a result of the incident. The powerbank ignited on board, triggering safety protocols that grounded the aircraft while the situation was assessed and resolved. Under aviation regulations, incidents caused by passenger-carried dangerous goods — such as lithium battery-powered devices — can exempt airlines from standard compensation obligations. The decision leaves hundreds of travelers without recourse despite the significant disruption to their travel plans. The incident highlights growing safety concerns around lithium-ion battery devices being brought aboard commercial flights.

Key Facts
  • A powerbank caught fire aboard a KLM flight on September 17.
  • All 322 passengers on board experienced a 25-hour delay due to the incident.
  • Affected passengers will receive no financial compensation for the delay.
Source: Nu.cw·16 minutes ago
Read story Read original article Summary translated automatically · Source: Nu.cw
Curaçao Gaming Regulator Expands Dispute Resolution for Online Casinos
Business

Curaçao Gaming Regulator Expands Dispute Resolution for Online Casinos

Curaçao's gaming regulator has announced an expansion of its certified dispute resolution system for online casinos operating under its license. The move is designed to strengthen consumer protections for players who encounter issues with licensed online gambling platforms. The expanded system provides a more structured and formal process through which players can file and resolve complaints against operators. Curaçao is one of the world's leading jurisdictions for online gambling licensing, making this regulatory update significant for the global iGaming industry. The expansion signals a continued effort by the island's gaming authority to modernize its oversight framework and align with international standards. Operators licensed in Curaçao will be expected to comply with the updated dispute resolution requirements, adding accountability to the licensing process. The change is expected to boost player confidence in Curaçao-licensed platforms and reinforce the jurisdiction's credibility in the competitive online gaming market.

Key Facts
  • Curaçao's gaming regulator has expanded its certified dispute resolution system for online casino operators.
  • The update is intended to improve consumer protections and accountability for players on licensed platforms.
  • Curaçao is one of the most widely used licensing jurisdictions in the global online gambling industry.
Read story Read original article Summary translated automatically · Source: Curaçao Chronicle