HomeGambling IndustryBC.GAME obtains Curacao LOK license for global compliance

BC.GAME obtains Curacao LOK license for global compliance

2 min. read

The innovative online casino platform that continues to grow and expand its global footprint, BC.GAME, announced it achieved an important milestone. The company confirmed that it secured a new gaming license, designating it as fully compliant with Curacao's National Ordinance for Games of Chance (LOK) regulatory framework.

This important achievement reaffirms BC.GAME's dedication to supplying a secure gaming environment to its customers across the globe. Moreover, the license recognizes the company's commitment to matching the highest standards for regulatory compliance.

Under Curacao's LOK legislation, the jurisdiction replaced its National Ordinance on Offshore Games of Hazard (NOOGH) framework. Previously, BC.GAME operated under NOOGH by securing a sub-license issued from Curacao Interactive Licensing NV (CIL).

However, with the transition of the new legislation, significant changes were introduced to the legal framework. Part of those changes included the removal of the possibility for sub-licensing of licensees. As a result, BC.GAME identified the need to secure a new gaming license under LOK, something that the company is now proud to have achieved.

Securing the latest license for LOK services reaffirms BC.GAME's efforts to provide trustworthy and comprehensive gaming services across the globe. The recognition is undoubtedly going to help the company forge new partnerships. Moreover, the license reaffirms BC.GAME's position as a leading platform within the online gambling sector.

Jack Dorsey, BC.GAME's CEO, shared his excitement on the topic in a statement. He revealed: "We are immensely grateful for Curacao's robust regulatory framework, which has been pivotal in the gambling industry. Obtaining this license is a vital milestone in BC.GAME's ongoing development and our commitment to providing a trustworthy and secure gambling experience." In conclusion, Dorsey said: "Curacao is an essential first step in our broader global strategy. As we continue to accelerate our expansion, expect more exciting developments and good news in the near future."

Currently, Curacao is recognized across the globe as a leading hub for gaming businesses. The jurisdiction has some of the most robust regulatory frameworks when it comes to gaming regulation. Ensuring compliance with the established laws, BC.GAME has established a local office in Curacao.

Image credit: Pixabay.com

23 Apr 2024
2 min. read
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