Curaçao Gaming Control Board Appoints Cedric Pietersz as New CEO
The Curaçao Gaming Control Board (GCB) has ushered in a new era of leadership with the appointment of Cedric Pietersz as its chief executive officer, effective from 1 February 2024.
This appointment marks a significant shift in the GCB’s direction, aligning with the jurisdiction’s evolving gaming landscape.
Monitoring and Transition Under Pietersz’s Leadership
As CEO, Pietersz’s primary responsibility will be overseeing all licensing activities under the current National Ordinance on Offshore Games of Hazard (NOOGH). He is also tasked with guiding Curaçao through its transition to the National Ordinance for Games of Chance (LOK), a critical development for the jurisdiction’s gaming sector.
Bringing over two decades of experience from the Centrale Bank van Curaçao en Sint Maarten, Pietersz has a comprehensive background in supervision, management, anti-money laundering, and regulatory compliance. His appointment is seen as a strategic move to leverage his operational expertise and regulatory knowledge in steering Curaçao’s gaming market into a new phase.
A New Era for Curaçao’s Gaming Jurisdiction
Fons Simon, chairman of the GCB Supervisory Board, emphasized the significance of Pietersz’s appointment: “The GCB is at a pivotal juncture, and Cedric’s appointment marks the start of a transformative era.” Pietersz’s proven track record in the financial sector is expected to bring strategic foresight and regulatory prudence to the GCB.
Recent developments have seen misreporting on Curaçao’s LOK, with false speculations of its rejection by parliament. The GCB has clarified that these reports are inaccurate. The LOK, currently under review, is a crucial piece of legislation for the future of gaming in Curaçao, and its correct interpretation and implementation are paramount for the jurisdiction’s gaming ecosystem.
Our Comment on the Article
Cedric Pietersz’s appointment as the CEO of the Curaçao Gaming Control Board is a noteworthy development in the global gaming industry. His extensive experience in the financial regulatory sector positions him uniquely to lead the GCB through a period of significant change and growth.
With the transition to the LOK on the horizon, Pietersz’s role will be crucial in shaping the future of gaming in Curaçao, ensuring regulatory compliance and fostering a safe and responsible gaming environment. This change in leadership signals a new chapter for Curaçao’s gaming jurisdiction, one that could set new standards for regulatory excellence in the gaming industry.
