BC.GAME Secures New Curacao LOK License to Strengthen Legal Compliance and Global Reach – Blockchain News, Opinion, TV & Careers

adminApril 26, 2024

Willemstad, Curaçao, April 22, 2024, Chainwire

BC.GAME® is pleased to announce the acquisition of a new gaming license in Curacao that fully complies with the National Ordinance on Games of Chance (LOK) regulatory framework. This achievement reaffirms BC.GAME’s unwavering 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 strong regulatory framework, which has played a pivotal role in the gambling industry. Obtaining this license is an important milestone in BC.GAME’s continued development and our efforts to provide a trustworthy and safe gambling experience.”

The introduction of the LOK Bill, designed to replace the previous National Ordinance on Overseas Gaming (NOOGH) framework, sets a new precedent in the area of gambling licensing. Under the NOOGH regime, BC.GAME operates under a sublicense issued by Curacao Interactive Licensing NV (CIL). However, the new LOK framework brings significant changes, including a moratorium on the issuance of new sublicenses and stricter requirements for existing licensees seeking renewals.

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 businesses around the world that aim to comply with the country’s comprehensive gaming legal framework. BC.GAME has established local offices to ensure compliance and provide support to meet the needs of the local gaming ecosystem.

Acquiring a license specifically designed for LOK services is consistent with BC.GAME’s efforts to strengthen user trust, build new partnerships, and expand access to comprehensive gaming services. Obtaining a license and ensuring regulatory compliance is an important step in solidifying BC.GAME’s position as a trusted and well-regulated global online gaming platform.

With this new license, BC.Game has seven years of experience creating a variety of popular and original games in the online gaming sector. “Curacao is an essential first step in our broader global strategy. “As we continue to accelerate our expansion, look forward to more exciting developments and great news in the near future.” Jack Dorsey said.

About BC.GAME

BC.GAME® is an innovative online casino platform that continually redefines industry standards. Striving to provide innovative solutions, BC.GAME creates a safe, fair and professional service environment. BC.GAME utilizes cutting-edge blockchain technology to ensure the highest level of security and fairness to users.