I would like to see how other people have been treated by this casino operator.
Personally I believe they are the worst and most corrupt license holders. Surely their practices cannot be allowed any longer. Huge delays in processing verification and withdrawals. No responsible gaming. There casino brands should be made carry a warning and no dispute resolver should promote their sites. Only my opinion.
Hello there.
If I'm not mistaken, the Rabidi NV has become quite a large group, so it might help to mention specific casinos.
Feel free to do so, because it is also more convenient for the rest of the readers, if I may say so.
Maybe you'd also like to try the handy in-built search bar, which can be found right under the latest posts:
Surely you'll find the same point of interest commented on in the past. 🤔
Thank you for your insights. 🙌
https://fintelegram.com/whistleblowers-let-us-learn-more-about-online-casino-operator-rabidi-bankruptcy-procedures-and-its-payment-agents/
rabidi nv are worst cheaters in e gambling ever hope they burn in hell
These strong words sound like you had a really bad experience in some of the casinos, am I right? Would you like to tell us more, perhaps? And maybe we'll be able to help somehow.🤷♀️
Be very careful with this gaming operator Rabidi Nv.....Founded in 2019, Rabidi N.V. quickly established itself in the online casino industry, gaining traction with a license from the Curaçao Gaming Authority. The company initially showed promise, attracting a substantial player base and increasing its presence in the competitive online gambling market.
Financial problems and bankruptcy
However, the company's fortunes took a drastic turn. In 2024, Rabidi faced a serious financial crisis, culminating in a bankruptcy petition filed by a player with a claim of €244,950. This significant claim highlighted the underlying financial instability within the company, leading Rabidi to be declared insolvent.
License revocation and continued illegal operations
On June 7, 2024, the Gaming Control Board of Curaçao (GCBC) officially revoked Rabidi's gaming license. Despite this, the company's online casinos continued to operate illegally, ignoring regulatory oversight. This blatant disregard for legal requirements has raised serious concerns in the online gambling industry.
The role of Cyprus and regulatory concerns
Rabidi's continued operations have drawn attention to Cyprus, where the company is linked to illegal gambling activities. The lack of strict regulatory oversight in Cyprus has allowed Rabidi to continue its operations unchecked, further complicating efforts to regulate the sector.
A change of ownership
Implications for the industry
The Rabidi case highlights the need for robust regulatory mechanisms and stricter enforcement to prevent illegal gambling operations. It also highlights the importance of international cooperation to deal with regulatory loopholes that allow companies to operate outside the law.
Conclusion
The rise and fall of Rabidi NV serves as a cautionary tale for the online gambling industry. As the company transitions its casinos to new ownership, it remains to be seen whether these efforts will restore legal compliance and accountability. The case underscores the critical need for enhanced regulatory oversight to safeguard the integrity of the online gambling market.
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