Regulator for land based casinos

Since its foundation in 1999, the GCB has been charged with the regulatory oversight of the land based casino industry. On December 4, 2013, the Curaçao government adopted the resolution that the GCB would become the regulator for the whole gaming industry in and from Curaçao, as was the intention since its foundation. The government accord 2017 - 2021 includes as one of its goals the realization of proper regulation and oversight of the gaming industry on Curaçao.

 

Licensing authority for lotteries, bingo and bon ku ne

Since 2017 the GCB is charged with the authority to grant, amend, revoke and suspend the licenses related to the lottery industry, as well as those for the charitable bingo and ‘bon ku ne’ activities.

 

AML/CFT supervisor for all gaming

Since February 2019 the GCB is charged with the AML/CFT supervision for the entire gaming industry operating on and from Curaçao. At that time the GCB’s responsibilities were expanded from only the landbased casinos to the entire gaming industry.

 

Future developments

GCB to become the unified regulator for all of Curaçao gaming
On December 18, 2018, the Minister of Finance, the Honorable Mr. Kenneth Gijsbertha, officially notified the general public of the government’s intention to appoint the GCB as the unified regulator for all of gaming in and from Curaçao.

Horse racing
On May 2, 2018, a Memorandum of Understanding towards realization of horse racing legislation was signed. In this MOU the GCB is identified as the future regulator of the horse racing industry on Curaçao.