Curaçao Gaming Authority Seeks Clarity on Probe Claims Now
The Curaçao Gaming Authority (CGA) has formally requested government clarification after reports suggested it may be under investigation by the Public Prosecutor’s Office. The request follows a letter from the Financial Supervision Board (Cft) referencing a potential inquiry, which the CGA described as an “unexpected and negative surprise.” The regulator emphasized the need for clarity to protect confidence in its integrity and operations during the rollout of the new Landsverordening op de Kansspelen (LOK) gaming law.
The controversy arises amid broader efforts to modernize Curaçao’s gambling sector and strengthen regulatory oversight. Following the resignation of the CGA’s Supervisory Board in September, the government confirmed that Prime Minister Gilmar Pisas had not assumed control of the regulator, clarifying that political responsibility for the sector now rests with the Justice Minister.
Finance Minister Charles Cooper issued a firm rebuttal to the Cft’s claims, calling them “incorrect, unfounded, and extraordinarily careless.” Cooper emphasized that neither he nor the Justice Minister had received any official notice of a Public Prosecutor investigation and stressed that unverified reports could undermine investor confidence.
The CGA’s move underscores the regulator’s commitment to transparency and the importance of maintaining trust among operators, banks, and international stakeholders. With Curaçao attempting a significant regulatory transformation, the need for clear, verified communication has never been more critical. Resolving these conflicting reports will be pivotal for the CGA’s credibility and the island’s broader ambitions in the global gaming market.
As Curaçao continues to implement the LOK reforms, industry observers will be watching closely to see how the regulator and government address these rumours and maintain confidence in the island’s evolving gaming framework.
