Gaming Control Board Curacao
Gaming Control Board was founded in April 1999 with the specific task to effectively control casino gambling in Curacao. This control or supervision is geared towards guarantee the tax income for the government and prevention of fraud and money laundering in casinos. To this end, Gaming Control Board regulates the licensing of casinos, the set-up of casinos, responsible gaming in casinos, the collection of gaming taxes and the supervision of compliance with various laws.
According to the Explanatory Memorandum on the Law on Casino Industry of Curacao, the government policy on gaming is based on the acceptance of this phenomenon aimed to control the negative effects of gaming, like the growth of illegal gambling and gaming addiction. In sum, the government is saying “if you can’t beat it, join it”- and I would like to add- to curb the negative effects.
Another policy consideration of the government is to relate casinos to the hotel infrastructure as a mean of offering hotel guests, tourists, an entertainment amenity that at the same time contribute to the health of the hotel during the low season..