The Australian Communications and Media Authority (ACMA) has been working for some time to address the growing problem of online betting sites targeting Australian players. Several of these sites are curacao licensed, which is why ACMA is taking action against them. And yet, despite the ongoing efforts, these platforms continue to prey on Australian consumers — shining a light on player protection and the integrity of the betting sector.
Understanding the Curacao Issue
The Dutch Caribbean island of Curacao has become a haven for online betting operators with loose regulation. While that has made the island an enticing place for gambling businesses from around the world, it has also led to a flood of lightly regulated platforms. Many of them target markets abroad—including Australia—without complying with local laws.
As of now, ACMA has blocklisted more than two dozen betting sites with Curacao licenses. It is still warning Australian players not to use them, it says. ACMA is fighting to impose harsher restrictions, and Curacao has begun some structural work by launching the Curaçao Gaming Authority with the intent to improve transparency and bring its industry more in line with global standards.
What This Means for Pay Per Head Bookies
Pay Per Head bookies with Curacao licenses should keep themselves updated on these regulatory developments. Curacao provides a number of legal advantages; however it is important to ensure you also comply with Australian laws. ACMA is getting stricter, and not being prepared might put your business at risk! It is important that in a UK gambling market that is heading ever more towards regulation, that bookies stand up and take responsibility to fall within the legal frameworks of their target markets.
The Curaçao Gaming Control Board are looking to tighten regulations and companies operating under Curacao’s license will need to raise to the high standards of fairness and integrity.
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