Under current law, operators must apply for a sub-licence from one of the four current master licence holders in order to gain approval. Jansen said it is the government’s intention to see this system phased out. While the legislation has not yet been submitted to parliament, the regulators will be issuing new licences with enhanced obligations from 1 September. Importance of continuity. To ensure continuity, Jansen said the regulator will be extending all master licences for an additional year. Jansen emphasised that the process will not disrupt the business of any current licensees. “No operator is going to have to pause or stop any business as a result of anything done by the ministry,” she said. “One of the primary elements of the transitions into the new regime is to facilitate uninterrupted continuity of all operations of sub-licence holders.” 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. Çitoss license Aralık 7, 2022 20:13:26.
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All operators were operating under a sub-license obtained from one of the owners of the Master License. New changes anticipate the elimination of this system. All licenses will be issued directly by the new state regulator – Curacao Gaming Authority (CGA). Master licenses curaçao license and sublicenses will cease to exist. There will be a transition period for current sublicense holders, which we will discuss below. Also, a new type of license will be introduced for B2B vendors (for the first two years having a license for them will be optional). Accordingly, the operator will only be able to use software from vendors with a local license. 2023 13 tercih robotu.
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