WILLEMSTAD – The Curaçao Gaming Authority (CGA) has provided new details about its organizational structure, explaining how its Executive Board, Supervisory Board and responsible government minister divide responsibilities under Curaçao’s new gambling legislation.
The explanation forms part of an informational series by the regulator about the Landsverordening op de Kansspelen (LOK), the National Ordinance on Games of Chance, which established the CGA as Curaçao’s principal gambling regulatory authority.
Under Article 12.3 of the LOK, the CGA is headed by an Executive Board, or Raad van Bestuur, which represents the authority both in and outside court. The Executive Board is accountable to the CGA’s Supervisory Board.
The regulator is currently led by directors Cedric Pietersz and Gisah Hollander, both appointed by national decree. Pietersz has served as director since February 2024, while Hollander joined the management team in February 2025.
Together, the two directors oversee an organization with approximately 40 employees.
According to the CGA, responsibilities are divided internally between the directors. One concentrates primarily on Curaçao’s international gambling market, while the other focuses on the domestic market.
Both directors are jointly responsible for external relations and the internal organization of the regulator.
The Executive Board operates on the basis of an approved management plan and budget. Its internal regulations may not contain provisions that conflict with the CGA’s statutes. Similar requirements apply to the Supervisory Board.
According to the CGA, the Good Corporate Governance Code forms an important foundation for its organizational structure and establishes a separation between the Executive Board and Supervisory Board.
Both bodies have their own responsibilities while collectively being responsible for maintaining the CGA’s corporate governance structure and complying with applicable governance rules.
The authority says this structure is intended to combine independence in regulatory decision-making with supervision, institutional consultation and accountability, including through annual reporting.
The explanation comes as the CGA continues implementing Curaçao’s new gambling regulatory framework following the introduction of the LOK, which replaced the island’s previous regulatory system.