The Curaçao Gaming Authority (CGA) has updated its public licence register by removing BC.Game’s Small House B.V. and Rabidi N.V., following previous revocations. This development has drawn attention from operators, regulators, and investors due to its potential implications for licence reinstatement and corporate restructuring. BC.Game, previously operating under a licence issued by Anjouan, withdrew its Curaçao licence citing an increasingly hostile regulatory environment, signaling tension between crypto casinos and licensing authorities.
The operator has been involved in multiple ownership controversies. Notably, asset transfers from Blockdance to Small House B.V. excluded player claims, though evidence suggested operational continuity post-acquisition. Additionally, BC.Game’s Twocent Technology entity in Belize was found not to exist, raising further questions about regulatory compliance and corporate governance. These disputes coincided with millions of dollars in player claims pursued through Curaçao courts, highlighting the legal challenges faced by crypto casinos.
BC.Game’s high-profile connection to Leicester City football club amplified the story in the UK, prompting warnings from government officials regarding white label sponsorship agreements. The scrutiny contributed to regulatory actions across the European market, including the exit of white label specialist TGP Europe following a Gambling Commission probe.
The removals from Curaçao’s register may indicate potential future returns under new ownership or revised licence structures, but no confirmation has been provided. Observers note that European regulators are increasingly reviewing offshore licensing jurisdictions such as Anjouan, which could create broader compliance challenges for crypto-focused operators.
This development underscores the evolving regulatory landscape for crypto casinos, emphasizing the need for robust governance, transparent operations, and proactive engagement with authorities. Operators and investors alike are watching closely to understand how these changes may influence market operations and licensing standards going forward.
