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Curacao and UK Governments Working to Approve Gambling Ads
Curacao, Netherlands Antilles (PRWEB) August 13, 2007 -- The Netherlands Antilles (Curacao) Government is confident it will rapidly and rightfully be placed on U.K. white-listing. Remaining questions about scope and scale of regulatory presence raised by UK are all resolved with passing of new legislation. UK received advance draft. New legislation has been accepted by Council of Minister and progressing through parliament.
"The Government of the Netherlands Antilles has taken notice of the letter containing the decision of the UK Secretary of State for Culture, Media and Sport, to not accept the recently made application to be white listed prior to the UK Gambling Act 2005 coming into effect on September 1st," according to D.A. Dick, Minister of Justice, Netherlands Antilles.
This application was considered by the UK Department of Culture, Media and Sport (DCMS) and the Government of the Netherlands Antilles is encouraged to note that the remaining questions about the scope and scale of regulatory presence which were raised by the UK are all resolved with the passing and implementation of new legislation here, of which the UK has seen an advanced draft.
This new legislation and its accompanying regulations has been accepted by the Council of Ministers and is now progressing through parliament in line with the timeline communicated to the UK DCMS, being December 2007. In preparing this legislation the Government of the Netherlands Antilles has worked closely with the CIGA, the industry trade association of the Netherlands Antilles and is confident that the approval of both the UK DCMS and CIGA suggests that this is a well balanced piece of legislation that will meet the needs and standards of all stakeholders in what is an important regulatory issue, both locally and internationally.
Given the correspondence with the DCMS to date, and our own advisers, the Government expressed confidence that the passing and implementation of the new legislation will allow the Netherlands Antilles (Curacao) to be rapidly and rightly placed on the white list of jurisdictions in the UK. The Government added, "We are strengthened in this by the confirmation in the letter of the DCMS stating the UK Government opinion: "We would be willing to receive a further representation from you and consider the case again when that legislation is in place" ".
As one of the longest standing jurisdictions regulating online gambling, the Government of the Netherlands Antilles agrees with the UK's rigorous approach in this matter, and look forward to completing the final steps needed to ensure our position, reaffirming Netherlands Antilles as a top jurisdiction for online gambling worldwide.
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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