Willemstad, Curaçao, April 22, 2024, Chain thread
BC.GAME® is pleased to announce the acquisition of a new gaming license, which is fully compliant with the regulatory framework of the National Gaming Ordinance (LOK) of Curaçao. This achievement confirms BC.GAME’s continued commitment to providing a safe and legally compliant gambling environment for its global user base.
Jack Dorsey, CEO of BC.GAME, said: “We are extremely grateful for Curacao’s robust regulatory framework, which has been critical to the gambling industry. Obtaining this license is a crucial milestone in the continued development of BC.GAME and our commitment to providing a reliable and safe gambling experience.”
The introduction of the LOK legislation, intended to replace the previous framework of the National Ordinance Offshore Games of Hazard (NOOGH), has set a new precedent in the field of gambling licenses. Under the NOOGH regime, BC.GAME is operated under a sublicense issued by Curacao Interactive Licensing NV (CIL). However, the new LOK framework brings significant changes, including a halt to the issuance of new sublicenses and strict requirements for existing licensees seeking renewal.
Curaçao was one of the pioneering countries in establishing regulations for gaming activities. As a result, this small Caribbean island nation has become a hub for gaming companies around the world looking to adhere to the country’s comprehensive legal framework. BC.GAME has set up a local office to ensure regulatory compliance and provide support to meet the demands of the local gaming ecosystem.
The acquisition of the license, specifically designed for LOK services, coincides with BC.GAME’s efforts to increase user trust, forge new partnerships and broaden the accessibility of its extensive gaming services. Obtaining licenses and ensuring compliance are crucial steps in solidifying BC.GAME’s position as a reliable and well-regulated global online gaming platform.
This new license gives BC.Game seven years of experience in the online gaming sector, creating several popular and original games. “Curaçao is an essential first step in our broader global strategy. As we continue to accelerate our expansion, you can expect even more exciting developments and good news in the near future.” said Jack Dorsey.
About BC.GAME
BC.GAME® is an innovative online casino platform that continually redefines industry standards. BC.GAME is committed to providing innovative solutions and creating a safe, fair and professional service environment. By using the latest blockchain technology, BC.GAME guarantees the highest standards of security and fairness for its users.
Contact
PR manager
Olivia Dixon
BC.GAME
oliviadi@bcgame.com