HomeForumGeneral Gambling DiscussionRabidi nv and their practices

Rabidi nv and their practices

 by Colinmc13
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5,729 views 28 replies |
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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.

Colinmc13

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:

file

Surely you'll find the same point of interest commented on in the past. 🤔

Thank you for your insights. 🙌


Colinmc13

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

wozkam042

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.

Edited by Radka
Reason: Deleted the link to "Best Online Casinos in India"
Automatic translation:
josebastos111965

Thank you for sharing. I like the way you are informed and your interest as well.

May I ask if you have any personal experience with some of the casinos from this group?

At least with two casinos.GreatWin casino 4400 euros that I never received and in Cashed casino they paid the first request then it was forced to spend 1200 because they never checked the account,After that whenever I registered in casinos of the Rabidi group with bonuses I did not receive the bonus and the chat in all said the same thing....By order of the administration we can not give the bonus.Now whenever I register first I check if it is RABIDI

Automatic translation:
josebastos111965

So, your approach is pretty understandable after these experiences with them, I could say.

Is there any other group or owner you like, though?

I now play at the casinos of the NovaForge Ltd group, Galaktika.N.V., Faro Entertainment N.V. and the Portuguese Casino Sol Verde.

Automatic translation:

I now play at the casinos of the NovaForge Ltd group, Galaktika.N.V., Faro Entertainment N.V. and the Portuguese Casino Sol Verde.

Automatic translation:

Whenever you have some experience you would like to share with us from these casinos, please do so. Just find the right thread for the casino, and we'll wait for you to post it there so we can learn something more about each casino.😉

Are you still playing there?

Automatic translation:

No. Inavoid like the plague. They're as bad as you'll get but they seem to try and hide their link to new casinos. The bonus crab is a dead give away. They offer that as a bonus on most of their casinos

They continue to operate however, Vegasino is a brand owned by Rabidi NV and I have already read 4/5 complaints (including me) of missed payments.

Automatic translation:
Michele1672

May I ask where you filed a complaint, though? I can't find any of yours on our website, actually. 🤷‍♀️

Has your issue been solved already?

No complaints they paid me thanks

Automatic translation:
Michele1672

Well, that makes me happy. How long did you have to wait to get paid? Only delayed payment was a problem?🤔

My fault..when I saw that the withdrawal was in phase 1 of 5 total phases, after 3 days I was still worried..however I must say that the terms were respected


Automatic translation:
Michele1672

Well, that's good then. But what does it mean that the withdrawal was in 1 of 5 phases? What are the phases of withdrawal in this casino? 😀

Verify

Authorization

Approval

Completion

Delivery

About ..now I don't remember exactly

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