Kingbonus
The Curacao Gaming Authority is rolling out a sweeping reform to its licensing system, forcing operators to prove they have more than just a nameplate on the island. The new local substance requirements aim to strengthen oversight and put an end to the long-criticized “postbox” model.
Under the updated framework, both B2C and B2B license holders must employ at least one staff member physically based in Curaçao, in addition to their local Managing Director. This obligation will expand over time:
The phased approach is designed to give companies room to adapt while ensuring the market develops a genuine local footprint.
The rules go beyond staffing. Every licensed entity will also need to operate from dedicated office premises in Curacao, equipped with standard business facilities and separated from other commercial activities. Regulators argue this step is critical to ensure independence and transparency of operations.
Not every operator will be held to the same timeline. The LOK framework includes limited exemptions for smaller companies that may struggle with scaling, but regulators have made it clear that extensions won’t be handed out freely. Progress toward compliance will be closely monitored.
Alongside corporate requirements, the law introduces a set of responsible gaming measures to better protect players. These include:
The reforms form part of a broader effort to rebuild Curaçao’s global reputation as a licensing hub. By requiring real offices, local staff, and stronger compliance practices, the government aims to replace the lax perception of its licensing regime with a more credible, modern, and player-focused system.
