Curacao license scam

[Saint-loup]

Hello friends,

I'm shocked   about the number of crypto casinos using the same gaming license from Curacao! Please take a look at this post: https://game-protect.com/curacao-license-scam/

They are scam or not? Can we play safe  and withdrawal our winnings or not?

What do you think about?
Thank you.

Have a nice day!

Unfortunately the article is very short, even shorter than the list of gambling sites accused actually.
It doesn't explain how the Gambling license system works precisely in Curacao, why those licenses have been transferred and why the Curacaoan authorities don't do anything against that if it's prohibited.
Moreover the article doesn't show any evidence of what it claims. A statement from a Curaçaoan legal expert or the Curaçaoan authorities wouldn't be superfluous.

Curacao license scam 1668/JAZ, 365/JAZ, 5536/JAZ, 8048/JAZ
Many casinos and sportsbooks operating under the 1668/JAZ, 365/JAZ, 5536/JAZ or 8084/JAZ Curacao license scam operate illegal! Why?

1) It is prohibited to transfer the 1668/JAZ, 365/JAZ, 5536/JAZ and 8048/JAZ license to other operators.

2) Key conditions of the usage right contract like under its supervision or responsibility are not fulfilled!

Many Curacao license scam operators also do not enforce applicable AML / KYC laws and regulations.

[Twinkledoe]

The licensing from Curacao is considered as an added trust to that particular gambling site. Just because they hold Curacao license doesn't mean that particular site won't get into scamming. The article gives a big list of gambling sites, but among them trusted service providers were also available. Right now there are Universities that provide certification, only thing we need to do is pay the required amount. Same as that these licensing authorities will also do it for money.

Gambling license is one way to check if the site is legit is not. But there are other ways to check if the site is dubious or not. Check the reviews like from trustpilot and other review sites. If you are not satisfied, you can test it on your own, and use small funds. You will know if the site will scam you once you actually experience it. But having Curacao license is not the only way to check the legitimacy of the casino. Everyone can basically claim they have one.

[boyptc]

Gambling license is one way to check if the site is legit is not. But there are other ways to check if the site is dubious or not. Check the reviews like from trustpilot and other review sites. If you are not satisfied, you can test it on your own, and use small funds. You will know if the site will scam you once you actually experience it. But having Curacao license is not the only way to check the legitimacy of the casino. Everyone can basically claim they have one.

I reckon this idea.

It's the first step that the casino is serious with their business but it's true that it doesn't mean they own it, they won't play unfairly.

Those steps that has been mentioned can be done to check the legitimacy of a casino if you don't trust such a license even if it's coming from Curacao.

[smyslov]

License is good but reputation and good reviews are much better, the first thing I want to know on a new gambling site is their reputation and if there are no complaints or scam reports, this is for me the first sign if the site is worth playing, some gambling sites are faking their license and they can still scam you even if they have a legitimate license.

[Wexnident]

Gambling license is one way to check if the site is legit is not. But there are other ways to check if the site is dubious or not. Check the reviews like from trustpilot and other review sites. If you are not satisfied, you can test it on your own, and use small funds. You will know if the site will scam you once you actually experience it. But having Curacao license is not the only way to check the legitimacy of the casino. Everyone can basically claim they have one.

I reckon this idea.

It's the first step that the casino is serious with their business but it's true that it doesn't mean they own it, they won't play unfairly.

Those steps that has been mentioned can be done to check the legitimacy of a casino if you don't trust such a license even if it's coming from Curacao.

Well, a license can easily be bought, so I don't think it means that the owner is serious with his business automatically when he buys a license. More like he's prepared to either scam the hell out of his customers or start-up his casino business. Also, I don't think just anyone can claim they have a Curacao license, casino sites have the logo of Curacao that automatically directs you to the license that has the details for the license of that casino, which pretty much proves the site owns that license.

[rodskee]

Hello friends,

I'm shocked  about the number of crypto casinos using the same gaming license from Curacao! Please take a look at this post: https://game-protect.com/curacao-license-scam/

They are scam or not? Can we play safe  and withdrawal our winnings or not?

What do you think about?
Thank you.

Have a nice day!

Are you an alt of the Banned account Game-protect? if not then best to look about that account first before listening to what ever that man told you or even his site.

The man is scammer and he has tons of issue here that unanswered before he got banned so stop it.

[Zilon]

They are scam or not? Can we play safe  and withdrawal our winnings or not?
What do you think about?
Thank you.

Have a nice day!

One of the biggest challenges faces by online casino operators is the fear of been given conditions they can't live-up to by regulatory agencies in that note most of this sites gets their license from sources that tend to be more flexible not minding if their customers kyc and investment are safe or not. For now I can't say how true this information is until I have has a deep research on this before I can come to a concrete conclusion on the matter for now I would say it's good to created the awereness it's now open to us to make our own findings

[freedomgo]

License is good but reputation and good reviews are much better, the first thing I want to know on a new gambling site is their reputation and if there are no complaints or scam reports, this is for me the first sign if the site is worth playing, some gambling sites are faking their license and they can still scam you even if they have a legitimate license.

It's easy to get a license actually, but it's hard to build a reputation.
That's why gamblers value more reputation because a license can easily be obtained if you are a legit person who passed all the requirements for your business.

We should not be surprise that there are an increasing number of casinos in the space bu only few of them have really survive, that is because gamblers stayed on a site that has a good reputation, and we can look some of that sites in our forum.

[lienfaye]

License is good but reputation and good reviews are much better, the first thing I want to know on a new gambling site is their reputation and if there are no complaints or scam reports, this is for me the first sign if the site is worth playing, some gambling sites are faking their license and they can still scam you even if they have a legitimate license.

Indeed, its more on the reputation and build trust to users. Whats the sense of having a legit license if the site is not trustworthy and likely to become scam? Sure the license has an impact to trust the site but it doesnt guarantee a positive outcome, its just one of the factors to say if the gambling site can be trusted or not.

[bryant.coleman]

It's not really shocking. We know that Curacao licenses are preferred because they do not have strong regulation. Some people seem to thing that being licensed makes a casino more trustworthy but there is really no evidence that licensed casino are any better than unlicensed ones. The license is nice for marketing but it means very little with regards to integrity of the casino.

Still I would prefer to play in a licensed casino when compared to an unlicensed one. For the purpose of license, they at least need to reveal the identity of the promoters, right? So in case if some of the promoters vanish with our hard earned money, then we will be able to track him, and recover the amount. In case of unlicensed businesses, none of this information will be available and by the time we trace the identities of the promoters, the money will be gone. But then, there is always a possibility of using fake documents to get the license.

[Eureka_07]

It's not really shocking. We know that Curacao licenses are preferred because they do not have strong regulation. Some people seem to thing that being licensed makes a casino more trustworthy but there is really no evidence that licensed casino are any better than unlicensed ones. The license is nice for marketing but it means very little with regards to integrity of the casino.

Still I would prefer to play in a licensed casino when compared to an unlicensed one. For the purpose of license, they at least need to reveal the identity of the promoters, right? So in case if some of the promoters vanish with our hard earned money, then we will be able to track him, and recover the amount. In case of unlicensed businesses, none of this information will be available and by the time we trace the identities of the promoters, the money will be gone. But then, there is always a possibility of using fake documents to get the license.

Yep. However your funds on that casino is still not guaranteed to be safe and away from being scammed even though they have their licensed. But IMO, it is still better to play on those casino that has liscense. There are casinos though, that do not have liscense but are doing better than those that has them. They are those that will thrive and get trust from the community. They will soon get their liscense as they are just starting.

[ethereumhunter]

License is good but reputation and good reviews are much better, the first thing I want to know on a new gambling site is their reputation and if there are no complaints or scam reports, this is for me the first sign if the site is worth playing, some gambling sites are faking their license and they can still scam you even if they have a legitimate license.

Indeed, its more on the reputation and build trust to users. Whats the sense of having a legit license if the site is not trustworthy and likely to become scam? Sure the license has an impact to trust the site but it doesnt guarantee a positive outcome, its just one of the factors to say if the gambling site can be trusted or not.

If the casino can get good reputations, have good reviews, and lastly, the casino have a license, it will make them be one of the top casinos, and that casino will have many members that will like to spend their money on that casino. Gamblers will not worry about scam because that casino will not ruin their reputations by making that mistake.

If a casino does not have a license, maybe that will be a matter of time because if they care about their business, they will search for that license to convince their members. Maybe getting a license itself needs time to get accepted so we can wait for that while we can play on the site trying to build their reputations.

[RealMalatesta]

It's easy to get a license actually, but it's hard to build a reputation.
That's why gamblers value more reputation because a license can easily be obtained if you are a legit person who passed all the requirements for your business.

We should not be surprise that there are an increasing number of casinos in the space bu only few of them have really survive, that is because gamblers stayed on a site that has a good reputation, and we can look some of that sites in our forum.

I believe there could be a place without ANY license and still be loved more than a place that gets a license directly from the top 10 nations presidents hand written. I am not even joking, you can get the biggest 10 nations presidents all sit down and sign a paper that says this website is legit and that website could still not be liked too much, would be very difficult to be hated when you get something like that done but it's possible.

But the more realistic thing that happens is that; a place gets curacao license and usually sucks, whereas another place ends up with zero license but it is known so much and loved so much that they get to be gambled a lot more. That's why I believe licenses worth nothing and kept telling that same thing all the time, people just do not care about it at all. Hopefully people will check reputation like you said instead of license from now on.

[fiulpro]

They are scam or not? Can we play safe  and withdrawal our winnings or not?

What do you think about?

I wouldn't say they are all a scam necessarily, but these companies primarily locate their companies for two reasons - minimal company tax and privacy for company owners. If they ever have a problem or want to disappear overnight with depositor money and have been careful to cover their tracks, then the government of Curacao is unlikely to have the resources to help you. Plus they get to throw around words like "licensed" and "regulated" within their website, when in actual fact very little is done to monitor their activities. There may be some legitimate companies who operate on such a basis, but I would never feel quite safe keeping or betting large amounts of money with companies in these jurisdictions.

There are actually some casinos that I know about here. They are trying to invade tax which is equally wrong. The casinos are all operated by the same company which is trying to split the bills. Which is really not good. Will they be charged with it tho?

This needs to be taken into consideration and at the same time people would have to stay away from these companies. If they are not able to afford a seperate license then they should not be in this business.

Just consider these casinos a scam even if it's proven or not. It's better to be safe than sorry.

[boyptc]

Gambling license is one way to check if the site is legit is not. But there are other ways to check if the site is dubious or not. Check the reviews like from trustpilot and other review sites. If you are not satisfied, you can test it on your own, and use small funds. You will know if the site will scam you once you actually experience it. But having Curacao license is not the only way to check the legitimacy of the casino. Everyone can basically claim they have one.

I reckon this idea.

It's the first step that the casino is serious with their business but it's true that it doesn't mean they own it, they won't play unfairly.

Those steps that has been mentioned can be done to check the legitimacy of a casino if you don't trust such a license even if it's coming from Curacao.

Well, a license can easily be bought, so I don't think it means that the owner is serious with his business automatically when he buys a license. More like he's prepared to either scam the hell out of his customers or start-up his casino business. Also, I don't think just anyone can claim they have a Curacao license, casino sites have the logo of Curacao that automatically directs you to the license that has the details for the license of that casino, which pretty much proves the site owns that license.

As am saying, it's just the first step with their business.
 
But that's not all of the factors that one can rely on for telling that a casino is legit. It can be bought by anyone who also has the bad intention and uses their casino for doing bad to others.

It happens for real.

[aysg76]

License is good but reputation and good reviews are much better, the first thing I want to know on a new gambling site is their reputation and if there are no complaints or scam reports, this is for me the first sign if the site is worth playing, some gambling sites are faking their license and they can still scam you even if they have a legitimate license.

Requirements of license by the casinos is just a basic step for running your centralized casino to ensure the safety of funds user has deposited on the casino.You need to pay fees for license which is not a big issue but you also comes under supervision of regulatory authority which is main highlight of this.But still many casino with license have fooled people.You need to have a proper check of your own because funds are yours not someone's else so be on safe side at first basis and read all the reviews.The new casino in the market needs some time to build reputation which can be through promotional activities, providing bonuses and easy deposit and withdrawal facility along with 2FA and have trust of players.

[Vishnu.Reang]

Yep. However your funds on that casino is still not guaranteed to be safe and away from being scammed even though they have their licensed. But IMO, it is still better to play on those casino that has liscense. There are casinos though, that do not have liscense but are doing better than those that has them. They are those that will thrive and get trust from the community. They will soon get their liscense as they are just starting.

I agree with this. From my limited knowledge of the subject, I would say that licensed casinos may be more safer, when compared to those without a license. But still, it is easy for these people to steal money and then escape to some island nation which will not extradite them to the country where they committed the crime. For example, India is still trying to get criminals such as Vijay Mallya and Mehul Choksey extradited, with hardly any success for many years now. US has muscle power and force these small nations to extradite the suspects they need. But that may not be the case with other countries.

[YuginKadoya]

All gambling sites can be a scam if the owner of that certain site don't want to continue anymore he can surely disappear without any trace but if that certain gambling site is regulated and the owner is well known then authorities can sure help a certain individual who was scam by that gambling site,

This is not particularly new in my opinion certain license scam will still be a possibility even today and I think that the license standard in Curacao is certainly weak meaning almost any gambling sites and establishment can get a license and the drawback on this would be the establishment of well-known or reputable gambling establishment and site's will have a bad reputation and people would certainly have trust issues.

[Fortify]

Hello friends,

I'm shocked  about the number of crypto casinos using the same gaming license from Curacao! Please take a look at this post: https://game-protect.com/curacao-license-scam/

They are scam or not? Can we play safe  and withdrawal our winnings or not?

What do you think about?

One of the main reasons for any institution to go for a license like this is so they can hide behind the anonymity it gives them while pretending to look official. It's explicitly flaunted to people who think that a gaming license from any location requires the company to be vetted and certified, except only the bare minimum is done and it is primarily seen as an easy income stream for the Curacao government. There have been many dodgy companies over the years who abuse this and it does little to give gamblers any protection which you might expect. Quite simply the regulator is already overwhelmed by complaints, it has few resources to investigate them all properly and rarely takes any action against operators - most of which are located far from this country which has little power to shut them down either.

[Botnake]

Hello friends,

I'm shocked  about the number of crypto casinos using the same gaming license from Curacao! Please take a look at this post: https://game-protect.com/curacao-license-scam/

They are scam or not? Can we play safe  and withdrawal our winnings or not?

What do you think about?

One of the main reasons for any institution to go for a license like this is so they can hide behind the anonymity it gives them while pretending to look official. It's explicitly flaunted to people who think that a gaming license from any location requires the company to be vetted and certified, except only the bare minimum is done and it is primarily seen as an easy income stream for the Curacao government. There have been many dodgy companies over the years who abuse this and it does little to give gamblers any protection which you might expect. Quite simply the regulator is already overwhelmed by complaints, it has few resources to investigate them all properly and rarely takes any action against operators - most of which are located far from this country which has little power to shut them down either.

Do we have some crypto casinos already that were punish due to scamming?

How reliable this Curacao license? are they really due diligence before granting a license to the casino applicants?
That's the question that needs to be answered, because if they do their job and there are casinos punish for scamming, then they are reliable.