Published On: Thu, Dec 20th, 2018

Government to tighten supervision of online casinos

Bitstarz com Casino PhotoWILLEMSTAD - The Curaçao government will tighten the supervision of online casinos operating from the island. The already existing Gaming Control Board (GCB), which now oversees the physical casinos only, will also supervise the online gambling sector.

Thanks to a shadowy trade in sub-licenses, the web casinos have been able to operate unhindered in recent years. Many operators hide behind a web of companies located in exotic locations and have their activities run in Curaçao by a local trust office.

According to conservative estimates, billions are going on in the sector. It is suspected that there is a direct link with serious international crime such as money laundering, trafficking in human beings and arms and financing of terrorism. Reason why, in particular, Ronald van Raak, member of the Second Chamber of the Dutch Parliament, has been worried for years that the sector has not been blocked.

The Dutch Gaming Authority also worried about the many online casinos that are illegally targeting the Dutch market from Willemstad. Recently, a mega fine was imposed, but whether it can be collected is the question. The operator is usually untraceable, and the website is kept up to date under another name.

The sector is also giving the country of Curaçao a bad name: many providers have the impression that they only pay a minimum percentage of the deposit as prize money. Regularly international warnings are given for gambling sites operating under Curaçao license. The Gaming Control Board must put an end to the abuses.

MP Van Raak responds with pleasure: “It is very good news that Curaçao wants to tackle illegal gambling worldwide from the island, because this causes great damage, even on the island itself. As is shown, among other things, by the conviction of former prime minister Gerrit Schotte. He was bribed by the international gambling boss Francesco Corallo who is now in court in Italy for bribing leading politicians in that country.”

The Dutch MP is of the opinion that the sale of (sub) licenses for online gambling and other illegal practices should also be immediately terminated. “This multibillion industry does not yield anything for ordinary people on Curaçao, but it does pose a threat to the political stability of the island. In the past I have asked dozens of questions to the government of Curaçao about politics and the gambling industry, I hope that the Government's intention to control these illegal practices will also be a reason to answer my questions,” says Van Raak.

By Rene Zwart

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