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However, when the LOK does eventually enter into force, all sub-licensees will have a 90-day deadline to make an application for a new licence, regardless of the remaining term of the master licence. “For those operators who do not wish to move to the new licensing regime, they can continue to conduct business up until the date the relevant master licence expires,” said Jansen. After 1 September, the island’s gambling regulator, the Curaçao Gaming Control Board (GCB), will start issuing licences to operators directly. The licences will automatically convert to those granted under the LOK. These licences will be issued under current legislation, not the LOK; The licences will be directly issued to operators. The approval will only grant the holder the right to operate gambling, not to offer sub-licences; The new licence will include provisions addressing anti-money laundering and responsible gambling obligations. Whether applications for sub-licences with master licence holders that are in progress or paused will continue to be processed will be up to the licensees themselves. The minister urged sub-licences to contact their relevant master licence holder for further clarification. …