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There were only 4 such companies on the market. All operators were operating under a sub-license obtained from one of the owners of the Master License. Increased regulatory requirements. The new legislation includes measures to protect vulnerable players: responsible gaming policies, a dispute resolution mechanism, and a procedure for filing and handling complaints from players. License holders will be required to register in Curaçao and have a local presence: a physical office and 1 local key person (director or AML officer). A minimum of 3 key employees on the island will be required within two years. Oversight of operators. Banks and payment methods. The Minister of Finance expects the new legislation to come into force at the end of the 2nd quarter of 2023. We also prepared two charts explaining how the transition to a new license will be handled for existing sub-licensees or for applicants who do not have a valid Curaçao sub-license. Obtaining a license for new operators. We recommend that operators stay in close contact with their current legal service providers and wait for more information to come in the following months. Curaçao: All master licences to get one-year extension.