WILLEMSTAD - The Curaçao government has introduced amendments to the Gaming Ordinance (LOK) aimed at simplifying administrative requirements for small-scale lottery operators. These adjustments cater to operators offering low-stakes lotteries by allowing them to maintain records suited to the scope of their activities, according to a government statement. 

In response to a request from the PNP faction during a Central Committee session on May 8, 2024, the government has considered creating a threshold that would reduce administrative burdens for small nonprofit organizations conducting minor gambling events. Examples of these games include "Bon Kuné" and other non-cash prize lotteries, which typically do not require a gaming license but must be reported four weeks in advance. The government clarified that while transparency remains critical, the new ordinance aims to align record-keeping requirements with each game’s scale and nature. 

The LOK revisions address compliance with Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) laws, focusing on balancing regulatory transparency with practical execution. Smaller lotteries with limited prizes may now maintain simpler records, while larger events are required to keep detailed financial reports to ensure accountability. The Curaçao Gaming Authority, soon to replace the Gaming Control Board, will establish specific guidelines to implement these changes. 

The amendment underscores the government’s commitment to preventing money laundering and terrorism financing while ensuring that minor gaming events are not overburdened by compliance measures. This approach aims to achieve both financial transparency and ease of execution for community-based lotteries and nonprofit organizers.