BC.Game, a well-known internet crypto casino, has obtained a fresh permit under the innovative LOK structure in Curacao. This constitutes a substantial advancement as the LOK (Landsverordening Kansspelen) structure is poised to supersede the outdated NOOGH (National Ordinance Offshore Games of Hazard) system that has been in effect for numerous years.
The LOK legislation, ratified by the Curacao legislature, signifies a comprehensive reformation of the island’s internet gaming regulations. This action is intended to reinforce Curacao’s standing as a trustworthy jurisdiction for online wagering. The novel framework introduces a more rigorous licensing procedure, revised fee schedules, and a heightened focus on operator responsibility.
For BC.Game, this new authorization represents a significant stride in their dedication to delivering a secure and open gaming atmosphere for their patrons. CEO Jack Dorsey stressed the significance of Curacao’s robust regulatory system in fostering confidence within the sector.
Frequently portrayed as a refuge for illicit activities and financial obfuscation, which significantly damages our reputation. However, with this authorization from Curaçao, that’s poised for a complete transformation.”
The individual, possibly a spokesperson from BC.Game, an internet-based gaming platform recognized for its acceptance of diverse digital currencies, stressed that this permit enables them to function legitimately in a considerably larger number of territories.
They further stated, “Curaçao represents merely the initial phase in our ambitious strategy for global expansion. Anticipate further captivating announcements and advancements from us in the near future as we persist in our growth trajectory.”
It’s noteworthy that BC.Game already possesses a license from the UK Gambling Commission for its UK-directed operations, showcasing its dedication to regulated marketplaces.
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