Rhino Entertainment Receives First Direct License from CGCB

Rhino Entertainment Group, a fast-growing online gaming operator based in Malta, has recently made history by becoming the first operator to obtain a direct license from the Curacao Gaming Control Board (CGCB). The operator, which manages four brands in reputable markets, including CasinoDays, was awarded the license through White Star BV, marking a significant milestone in the new regulatory regime in the Caribbean island.

The attainment of the license comes following the grand opening of the CGCB application portal in September, with operators being allowed to register starting in November. This achievement is particularly noteworthy as Curacao is in the process of implementing a new National Ordinance for Games of Chance (LOK) framework, signaling a departure from the previous Master/Sub-License structure.

Rhino Entertainment Group’s CEO, Ross Parkhill, expressed the company’s privilege in being the first gaming operator to secure the direct license, describing it as a “thrilling endorsement” of their commitment to responsible gambling and excellence. Parkhill also conveyed the company’s full support for Curacao’s enhanced regulatory processes and emphasized the added value and prestige of the license.

Looking ahead, Parkhill expressed Rhino Entertainment Group’s readiness to foster an open and communicative relationship with the CGCB, with the goal of creating a bright and compliant future for the online gaming industry.

Cedric Pietersz, the managing director of CGCB, highlighted 2024 as a “transformative” period for Curacao, noting the strong desire of operators to secure new licenses in recent months. Pietersz emphasized the significance of White Star’s licensure in the island’s growth as a premium gambling jurisdiction, with many more licenses anticipated in the near future.

In addition to Rhino Entertainment Group’s achievement, the CGCB also issued three digital seals for Geeka Corporation NV, Games & More BV, and Small House BV, enabling these recipients to showcase seals of approval from the regulator on their platforms once they agree with the regulator’s terms.

However, in January, Curacao’s Independent Advisory Body raised concerns regarding the text of the LOK and its compliance with the Financial Action Task Force’s anti-money laundering requirements, highlighting ongoing challenges as the island continues to enhance its regulatory framework.