BC.Game surrenders Curaçao license as part of compliance initiative

BC.Game Withdraws Curaçao License in Strategic Compliance Move

BC.Game has announced its decision to voluntarily withdraw its operating license from Curaçao, marking a significant shift in its regulatory strategy.

Background

Earlier this year, BC.Game obtained its Curaçao license under the updated National Ordinance for Games of Chance (LOK) framework. However, the decision to surrender this license highlights persistent challenges faced by operators in Curaçao, including:

• Outdated regulatory systems that fail to meet modern industry standards.
• Insufficient legal protections, such as Curaçao’s bankruptcy laws, which have not been updated since 1931.

Reasons for Withdrawal

Despite ongoing efforts to modernize iGaming legislation in Curaçao, BC.Game pointed to the region’s increasingly challenging environment for operators. Factors cited include:

• Regulatory limitations hindering operational growth.
• A lack of robust legal infrastructure to support iGaming operators.

Impact on BC.Game’s Global Operations

The withdrawal of the Curaçao license will not disrupt BC.Game’s broader operations. The platform holds licenses in multiple jurisdictions, allowing it to comply with more advanced regulatory frameworks globally.

BC.Game stated that this move aligns with its long-term strategy to:

• Adopt modern and robust regulatory standards.
• Enhance user security and operational compliance across all markets.

Looking Ahead

The decision to leave Curaçao represents a strategic pivot towards jurisdictions with more comprehensive and supportive regulatory frameworks. According to BC.Game, this step will help strengthen its operational foundation and ensure sustainability in the rapidly evolving iGaming landscape