Stake.com SCAM for 31611 USDT

[holydarkness]

Hi! My deposit was 1500 USDT, I won 30111 USDT in the Sweet Bonanza slot, catching a multiplier of x1000

In that case, it doesn't look like a money laundering activity. Perhaps, the live support agent has given you a random reason there. Anyway, 'holydarkness' has already shown interest to help you out here. He will forward your case to Stake team so that they give another look in it and explain the reason properly. Still, I think it would have been better to reach a mediator for getting better engagement from Stake team.

Umm... unfortunately I can't.

Stake is [currently] the only casino that refuse my help to get the situation against them understood and clarified. I am asking as above in hope to understand a better context of it, so I can help the player plan their next move to get it resolved [and a sliver of hope that Symphonized read this recent fact and update the compliance team about it so the case can be internally re-reviewed].

My initial thought was similar as yours, that if the total fund is from winning, then money laundering is somewhat... improbable. But AHOY's insight is worth mulling. If the initial deposit [though I somewhat doubt someone tries to launder 1,500 USD] is not clean, casinos have right to forfeit every bets where the fund is involved.

A step further though, another thing worth to be thoroughy thought about is the fact that OP passed SoW level KYC. Their team should be able to figure whether OP is involved with a mafia or something else darker from his cash flow. I mean... that's basically the purpose of SoW, no? So why still insist on ML? Did OP's SoW shows that he's a one-night billionaire? It has tons of questionable transactions?

I doubted that, because if [suppose] OP is a launderer, he'll certainly won't be that stupid to upload the account used to launder money. Thus, safe to say that the document used to pass SoW is clean. And thus, what gives?

Those said, OP, what Mahdirakib suggested seems to be the best way for now. Go to an ADR. I think CG is good, since your gameplay are casino-related and not sports. Hopefully they can mediate this and get it retried with fair ruling after they verify every documents they deemed necessary.

[alani123]

What did the Curacao Gaming Control Board say?

They gave Stake a "Certificate of Operation" during the license application process!

Curacao gaming licensed are NOT handed out by federal employees of the Curacao government.
Every casino you see licensed under s Curacao license operated under a sub license. There are three firms that will sell anybody such license for a fee.

It's questionable if Curacao has any real body overseeing dubious practices. Especially these providers issuing sub licenses will not give a care in the world and issue a license even to previously suspended entities, or to entities that were created a day prior etc.

The Curacao license is just a license for display. It doesn't protect customers and there's no body of a government you can make applications to solve disputes. So really it doesn't do much if anything for consumer protection. It's just a cheap license to give Curacao fees...

[holydarkness]

Curacao gaming licensed are NOT handed out by federal employees of the Curacao government.
Every casino you see licensed under s Curacao license operated under a sub license. There are three firms that will sell anybody such license for a fee.

It's questionable if Curacao has any real body overseeing dubious practices. Especially these providers issuing sub licenses will not give a care in the world and issue a license even to previously suspended entities, or to entities that were created a day prior etc.

The Curacao license is just a license for display. It doesn't protect customers and there's no body of a government you can make applications to solve disputes. So really it doesn't do much if anything for consumer protection. It's just a cheap license to give Curacao fees...

Ahh umm... actually... there were four, not three [Antillephone, GC, CIL, and CeG] and they've been made obsolete. Gone is the era of four master license holder. I think that was around mid-2024.

Casinos who are still operating in Curacao will now be directly under Curacao Govt., under CGA [Curacao Gaming Authority], of which a transition body named GCB [Curacao Gaming --Control-- Board] is in charge until CGA kicks in and take full control.

[BlackyJacky]

Simple, the Curacao Gaming Control Board is the new partner in crime!

Within 5 months, they didn't give a license to the website stake.com and I expect at the end of the year stake.com will still operate under a "Certificate of Operation".

More info here: https://bitcointalk.org/index.php?topic=2178857.msg65155795#msg65155795

[holydarkness]

Ahh umm... actually... there were four, not three [Antillephone, GC, CIL, and CeG] and they've been made obsolete. Gone is the era of four master license holder. I think that was around mid-2024.

Casinos who are still operating in Curacao will now be directly under Curacao Govt., under CGA [Curacao Gaming Authority], of which a transition body named GCB [Curacao Gaming --Control-- Board] is in charge until CGA kicks in and take full control.

Ahh umm... actually… your attempt at damage control is as weak as Stake’s RTP claims.

Let’s be real—Curacao's licensing has never been about player protection. Whether it was the four "master" license holders or the so-called "new system" under the CGA, it still operates like a rubber-stamp money-making machine.

🔹 The transition to CGA doesn’t change the fact that Curacao has ZERO real oversight.
🔹 Casinos still operate without real consequences for scamming players.
🔹 Players still have NO real consumer protections.

Stake has been caught multiple times engaging in fraudulent behavior, and instead of acknowledging that, you’re here trying to convince people that a new regulatory name somehow changes how they operate.

Curacao "licensing" is still the same—just with a fresh coat of paint. Try again.

Did I mention anything about player's protection as curacao's best interest? I simply explained to alani123 of how Curacao license operates these days and the days that'll follow. And, on what part do I try to convince people that the new regulatory name changes how they [whoever they are being referred here] operates? It's literally not in my post.

Oh wait... right.

That's your MO: fabricate statements.

[BlackyJacky]

Did I mention anything about player's protection as curacao's best interest?

Did you mention anything that the license issuers in Curacao are partners in crime?

I simply explained to alani123 of how Curacao license operates these days and the days that'll follow.

If you want to explain how Curacao license operates these days, you need to explain that the license issuer is a partner in crime.

If you don't inform that the Curacao license issuer is a partner in crime, then you didn't explain the relevant part!

And, on what part do I try to convince people that the new regulatory name changes how they [whoever they are being referred here] operates?

With not informing that the Curacao license issuer is a partner in crime, you intentonally withhold the key information and mislead readers!

It's literally not in my post.

Here we can see what a well trained undercover agent you are!

Did I say that the killer is a good guy?

No, you didn't, but you also didn't say that the killer is a killer!

And this confirms your agenda in regard to Curacao fake licensed casinos.

[TemurBah]

Hi! Thank you for keeping the discussion going in this post, you are helping me and the people who could potentially be scammed a lot

I would like to clarify with holydarkness, what does the abbreviation CG mean? Do you, as a more experienced and mature player and person, have any specific advice on where to get justice?
I found out that the abbreviation ADR means Alternative dispute resolution. But I am completely illiterate in jurisprudence and have no idea where I can go to get justice

[alani123]

Coming directly from the Curacao gaming control board website:

We would like to clarify that the GCB does not handle individual complaints against gaming providers. Resolving disputes between players and gaming operators is not within our mandate. As such, we do not have the authority to mediate or arbitrate in these matters. The GCB is not a civil court and cannot order gaming operators to compensate players or issue judgments. Therefore, we encourage players to seek resolution directly with the gaming providers and to contact the appropriate legal channels if necessary.

Source:https://www.gamingcontrolcuracao.org/regulation/online-gaming


That basically means that even under the new and more expensive licensing scheme that is happening directly under the gaming control board which is a government entity, there still is no dispute resolution route. The only resolution a gaming provider would have to accept is Curacao courts, at risk of losing their license. Instead of going on a legal battle it'd probably be more worth it for them to completely ignore the court, even risk losing the licence, and instead get another worthless license like from Comoros.

This has been done recently by a big casino who Curacao courts ruled against:
https://igamingbusiness.com/legal-compliance/bc-game-curacao-bankruptcy/

Instead they ignored the judgment and continued as normal with a different license apparently.

[BlackyJacky]

Coming directly from the Curacao gaming control board website:

We would like to clarify that the GCB does not handle individual complaints against gaming providers. Resolving disputes between players and gaming operators is not within our mandate. As such, we do not have the authority to mediate or arbitrate in these matters. The GCB is not a civil court and cannot order gaming operators to compensate players or issue judgments. Therefore, we encourage players to seek resolution directly with the gaming providers and to contact the appropriate legal channels if necessary.

Source:https://www.gamingcontrolcuracao.org/regulation/online-gaming

That means Stake is lying!

Is Stake Licensed?

Stake.com is licensed by gaming authorities in Curacao, providing a safe and secure betting platform. Stake is operated by Medium Rare N.V. under the Certificate of Operation (Application no. OGL/2024/1451/0918) issued by the Curaçao Gaming Control Board, which is authorised and regulated by the Government of Curaçao.

Stake is a Crypto Gambling Foundation verified operator with strong policies around Anti-Money Laundering. Stake promotes responsible gambling with a robust self-exclusion policy and various Stake Smart resources.

1) Stake isn't licensed by gaming authorities in Curacao.

2) Stake isn't providing a safe and secure betting platform.

3) Stake claims that the Curaçao Gaming Control Board (GCB) is authorised and regulated by the Government of Curaçao.

But that is useless for players if the GCB doesn't regulate Stake!

4) Stake isn't verfied by the Crypto Gambling Foundation.


Here is what the GCB wrote to me:

Dear Sir / Madam,

Thank you for your email.

Unfortunately, the Curaçao Gaming Control Board (GCB) is currently not able to handle your request.

The government of Curaçao is actively in the process of modernizing our gambling legislation and setting up our online gaming policies and procedures.

We expect to be of more help as soon as the new legislation enters into force, which we expect to be the case in the second half of 2024.

We kindly point out in advance that the GCB will not investigate all complaints. For example, the GCB does not have the authority to adjudicate disputes between the complainant and the accused party and to settle claims or award damages. Only if a complaint indicates a violation of the applicable regulations, the supervisory task of the GCB entails that this will be investigated further.

For the time being, we kindly suggest, that at all times you seek legal advice for any claims you may have vis-à-vis the license holder or other party or parties. We refer to the following page that contains a list of law firms established in Curacao that may be able to assist you:

http://www.dutchcaribbeanlegalportal.com/legal-contacts/law-firms?sid=102:Law-Firms-Curacao.

Sincerely,

Curaçao Gaming Control Board

Stake's provably rigged in-house Black Jack is a violation of the applicable regulations and they even don't investigate this!

The GCB are nothing but liars and partner in crime!

[alani123]

On pure technicality alone, stake is holding a license that is valid until final review says otherwise, but the review will likely be in their favour because Curacao wants the 45k EUR a year. From what I understand at least.

But the real talk in the matter is that Curacao licenses aren't even worth the paper they are bmprinted on. Not even the pixel burn in your monitor. You get me. Why would anyone bother to take a casino to court in this shithole country? Especially when we saw examples of other casinos completely ignoring court judgements and simply getting another worthless license.

And even in practical terms, what enforcement can there be against a web casino? Last I checked there's no intention from internet service infrastructure to shut them down completely. But this is the only thing that could hurt them sadly.

[BlackyJacky]

On pure technicality alone, stake is holding a license that is valid until final review says otherwise, but the review will likely be in their favour because Curacao wants the 45k EUR a year. From what I understand at least.

No, the "Certificate of Operation" isn't a license.

Yes, they want as much money as possible, but nevertheless they didn't give a license to the website stake.com within 5 months!

[holydarkness]

Hi! Thank you for keeping the discussion going in this post, you are helping me and the people who could potentially be scammed a lot

I would like to clarify with holydarkness, what does the abbreviation CG mean? Do you, as a more experienced and mature player and person, have any specific advice on where to get justice?
I found out that the abbreviation ADR means Alternative dispute resolution. But I am completely illiterate in jurisprudence and have no idea where I can go to get justice

I stumbled upon your post above, again, during my weekly sweep yesterday to update my list and noticed that uhh... I didn't respond to it. I swore that I've replied to this, but perhaps I had too much in mind and didn't press "post", and close the tab with the draft being not posted. Sorry for that.

Also, wanted to address this yesterday, but I was quite preoccupied with behind-the-screen things; updating list, responding to PMs, and not to mention that the new resolution system being implemented by other casino [though seemingly more efficient for them] is apparently an extra load in my plate as I need to do extra to track whose what and when. And then I got myself busy with a small egg-hunt.

If it's not too late, and you've learned about it yourself [or perhaps even submitted your case to them already] CG is CasinoGuru, they're a form of ADR, they mediate cases between casinos and players. Other ADR that you can use aside from CG is AskGamblers, AG.