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Industry
December 13, 2024
Curaçao’s Gambling Law Overhaul Picks up Speed
The reform of the gambling sector in Curaçao started several years ago, in 2022. At the time, Dutch lawmakers made it mandatory for the jurisdiction to receive COVID-19 relief packages based on a range of different reforms, including one that affected the gambling industry. The improved version of Curaçao’s National Ordinance for Games of Chance […]
Legal
December 3, 2024
PSG FC Slams Cbet with Bankruptcy Claim in Curaçao
Top-flight soccer club Paris Saint-Germain has filed a bankruptcy claim against its former sponsor Cbet. While the sponsorship deal lasted only a single season, the gambling company continued listing the team as a partner. Cbet Might Be in Trouble As reported by NEXT.io, PSG filed the claim against Cbet’s parent company, AK Global NV, in […]
Industry
December 2, 2024
BC.GAME Closes Up Shop in the UK Amid Legal Battle in Curaçao
BC.GAME, the front-of-shirt sponsor of Leicester City, has closed its betting website in the United Kingdom. This move comes amid the operator’s continued legal battle in Curaçao that was prompted by the recent bankruptcy of its parent companies. BC.GAME Ceases Operation in the UK BlockDance BV and SmallHouse BV, the two companies behind BC.GAME, were […]
Industry
November 29, 2024
GCB Addresses Licensing Reforms, Refutes Misconceptions
The Curaçao Gaming Control Board (GCB) has released a statement on rumors about its licensing reforms, refuting certain misconceptions and providing important clarifications. The statement was prompted by a recent complaint regarding the National Ordinance on Games of Chance (LOK) reform process. The complaint questioned the reforms and the integrity of the local licensing regime. […]
Industry
November 27, 2024
Damning Report Accuses Curaçao Politicians of Fraud, Embezzlement
A former executive of the MGA along with the current finance minister of Curaçao were named in a new report that condemned the island’s recently implemented gambling regulatory system. Mario Galea, Javier Silvania Named in New Report That is the case for Mario Galea, a former chief of the Malta Gaming Authority (MGA) and the […]
Business
November 27, 2024
BC.Game Faces Licensing Threat Amid Bankruptcy Controversy
Curaçao’s Gaming Control Board (GCB) plans to take away BC.Game’s license. BC.Game is a crypto casino and Leicester City Football Club‘s main sponsor. GCB Scrutinizes BC.Game After Parent Company Bankruptcy and Player Losses The GCB has concerns about the company’s financial situation and how well it follows rules. This comes after BC.Game’s parent company, Small […]
Business
November 20, 2024
BC.Game Goes Bankrupt Not Long After $40M Deal with Leicester City
BC.Game, an online gambling operator famous for sponsoring Leicester City FC, could face potential trouble as its parent companies have been declared bankrupt. This announcement comes only four months after the agreement with the soccer club was signed. The Court of Curaçao Declared BC.Game’s Parents Bankrupt According to a report by casinonieuws.nl, the Court of […]
Industry
November 11, 2024
Curacao Pressured by Dutch MPs to Reform Gambling Regulations
There’s a range of risks to the gambling sector considering its nature of dealing with large sums of money, in cash or online. While monitoring of the vertical is in the hands of gambling regulators, it also falls under scrutiny by organizations that monitor global transactions, such as the Financial Action Task Force. In the […]
Legal
October 22, 2024
Curaçao Master Licensee Cyberluck Declared Bankrupt
Cyberluck continues to face serious trouble in Curaçao and is once again under fire by the Foundation for the Protection of the Interests of Victims of Online Gambling. The Court Declared the Operator Bankrupt The Court of First Instance of Curaçao has declared online gambling operator Cyberluck bankrupt. The company was one of the four […]
Industry
September 19, 2024
Kahnawake, Anjouan, or Tobique: The Best Alternatives When Curaçao Licenses Fall Short
Curaçao has long been a key player in this market and has recently undergone regulatory changes. Meanwhile, alternative jurisdictions such as Kahnawake, Anjouan, and Tobique are increasingly drawing the attention of operators. Regulatory Changes in Curaçao Many operators have traditionally opted for a Curaçao license due to its accessibility and straightforward process, especially during the […]
