BC.GAME® has secured a new gaming license that fully complies with Curacao’s updated regulatory framework, the National Ordinance for Games of Chance (LOK). This significant milestone underscores BC.GAME’s steadfast in providing a secure and legally compliant online gambling platform for its worldwide user base.
Jack Dorsey, the CEO of BC.GAME said: “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.”
The introduction of the LOK legislation replaces the previous National Ordinance on Offshore Games of Hazard (NOOGH) framework with more stringent requirements. Under the NOOGH regime, BC.GAME operated with a sub-license issued by Curacao Interactive Licensing NV (CIL). However, the new LOK disallows new sub-license issuances and mandates rigorous conditions for existing licensees seeking renewal.
As a pioneering nation regulating online gaming, the Caribbean island of Curacao has become a hub for gaming businesses globally, seeking adherence to its comprehensive legal framework. To ensure full compliance, BC.GAME has established a local office to meet all requirements within Curacao’s gaming ecosystem.
Obtaining this LOK-specific license aligns with BC.GAME’s mission is to enhance user trust, forge new partnerships, and expand the reach of its extensive gaming services. Securing licenses and ensuring regulatory compliance solidifies BC.GAME’s position is that of a trusted and well-regulated global online gaming platform.
Through this new license, BC.Game has seven years of experience in the online gaming sector, creating various popular and original games. “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.” said Jack Dorsey.
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- Source: https://zycrypto.com/bc-game-obtains-curacao-lok-license-bolstering-legal-compliance-and-international-expansion/
