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šŸš€ Crypto BC.GAME Obtains Curacao LOK License, Bolstering Legal Compliance and International Expansion

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BC.GAME Obtains Curacao LOK License, Bolstering Legal Compliance and International Expansion



BC.GAMEĀ® has secured a new gaming license that fully complies with Curacaoā€™s updated regulatory framework, the National Ordinance for Games of Chance (LOK). This significant milestone underscores BC.GAMEā€™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: ā€œWe are immensely grateful for Curacaoā€™s robust regulatory framework, which has been pivotal in the gambling industry. Obtaining this license is a vital milestone in BC.GAMEā€™s ongoing development and our commitment to providing a trustworthy and secure gambling experience.ā€

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 Curacaoā€™s gaming ecosystem.

Obtaining this LOK-specific license aligns with BC.GAMEā€™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.GAMEā€™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. ā€œCuracao 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.ā€ said Jack Dorsey.
 

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