As ever game protect does is best to be provocative without actually using concise language.
The definition for a scam is "an illegal plan for making money, especially one that involves tricking people"
So where is the 'scam' part of a Curaçao licence?
The usage rights issuer false and misleading claims to supervise and regulate its usage rights holder!
You false and misleading claim to have a license
while not able to show it is also tricking people!
Note: sorry this is ended up being a very long post...
Once again game protect your not making any sense so I will try and help you...
What game protect is trying to say is that he believes the Curaçao gaming licence has no validity. Of course he doesn't say that he is an affiliate, marketing Curaçao licenced operators. Nothing like a little hypocrisy!
I have talked about this in the past, but to save reader going through numerous posts, let me explain stuff about Curaçao licensing and white label operators.
Different countries have their own licensing regimes. This list gives you a good idea the amount of regulation per country
https://www.keytocasino.com/en/gambling-laws-around-the-world.html
Licensing does three things: - acts as a framework for government get tax revenues
- gives some clarity for a game providers when it comes to deciding which country territories and or which casino operators they are going to work with. For example some game providers might not want to work with Curaçao licensed operators... Equally other game providers might not want to work with UK licensed operators.
- Creates a framework which can be used to support consumer welfare
Obviously as a reader, you're interested in consumer protection. In the UK, gambling is highly regulated and there is a substantial tax take from the UK government. This regulation does improve consumer protection for individuals within the UK.
For European countries which don't have localised regulation, many operators use Malta licences which has an intermediate number of consumer protections associated with it
https://calvinayre.com/regulators/malta/Curaçao licences are fairly weak on consumer protection. To understand more:
https://calvinayre.com/regulators/curacao/. Curaçao licences are used
There is a correlation between the cost of a licence and the number of consumer protections it affords. More you pay,, the more resource a licensing authority will put in to consumer arbitration.
There's also a correlation between cost of licensing and value of a market place. For example UK licences are expensive, they offer a high consumer protection and it's a very profitable market if you can get a foothold
White labelsOshi is a white label operator. Softswiss or now known as BGAMING handle transactions, licensing, customer services, game integration and we handle the marketing and strategy for Oshi. Were also responsible for our player terms and conditions.
For example, you read through my post you'll see that I'm very straight about stuff and I care about being fair with our players. I've made those choices and as a brand and we live or die by our values. Different white label operators will have their own game plan.
As a white label operator I am allowed to use Softswiss's (BGAMING) Curaçao licence as a white label operator partner.
Why doesn't it show you is the licence holder?The licence is in the name of Direx, which is a corporate entity registered in Curaçao tax and licensing reasons. Softswiss is a separate business which owns Direx. This arrangement is very similar to Google or Amazon or any other multinational business which has registered companies in different country territories for either licensing or tax reasons. Game protect has probably tried to say that it's all very scammy, but the reality is that it's just corporate/accountancy stuff.
Our licence:
https://validator.antillephone.com/validate?domain=oshi.io&seal_id=9bf8464341b46cc486bd3ffb6525387b6cc808482d2cbd423b8b696342949e765e4287eb6913bc21514f1dc7713cf51d&stamp=2f8daeaeffa7655bbae1dc01c0b7c961Technically I am not the licence holder. Direx is. However I, along with all other white label operators Softswiss / BGAMING network act as representatives of Direx. So for example if one of the white label operators was involved in attempted money laundering, Direx could lose its licence with Curaçao and every white label operator on the network would be unable to trade.
This puts a lot of responsibility on Direx to police the behaviour of every white label operator, because if there a serious licensing contravention, the whole network of sites could go down.
What does all this mean to you? ArbitrationIf you're in a country territories which doesn't have a local licensing framework for online gambling and gambling is legal where you are, you can use any casino (within reason) this table gives you some useful info
https://www.keytocasino.com/en/gambling-laws-around-the-world.html Consumer protection for players using Curaçao licence is not as good as I would like, but then brands like us rely on the arbitration services of affiliates like AskGamblers to deal with customer issues.
https://www.askgamblers.com/online-casinos/oshi-casino-review/We also rely on our good reputation in forums like this, which is why I'm so unhappy about 'Game protect' and his nonsense, because he doesn't understand the law and deliberately misdirects and misinforms to get people to go to his affiliate website. However, every nonsense post he puts up gives me an opportunity to talk some sense (I hope).
I've won but they're not paying! In the end all casinos like us can do, is have clear terms and conditions that are fair, which is why we've written all our terms and conditions in plain English. Most people treat a casino as a service, where they go and gamble. However there is a large minority who treat us as an anniversary to be gamed or profit. They may win money by steering the odds in their favour i.e. through volatility arbitration or multiple duplicate account and then get caught out on terms and conditions. This kind of thing happens frequently.
Why gamble on a Curaçao licenced operator site?Simply: Cryptocurrency. Curaçao allows casinos to use Cryptocurrency whilst not imposing overly rigourous KYC (know your customer) restrictions. In the UK, operators can offer Cryptocurrency as a payment option, but every customer has to be KYC'd. Since much of the benefit of Cryptocurrency is pseudo-anonymity and lack of hassle, having all of this KYC and admin means you may as well just use a debit card.
Of course, I would like it if Curaçao was tighter on KYC requirements and hopefully they will do this in the future. I'd also like it if they were better on consumer arbitration.
In the end, any consumer should do their research and objectively look at a casino's reputation before putting their money down.
