I assume I will be on your stalker list for piping up but I think you are very black and white with your blanket assumption that holding an X or Y Curacao sub-license immediately touts that company as a scam. You have named HUGE and reputable brands on your site with little actual research going on. Youve just lumped everyone together. For example Rizk.com is about as reputable as gaming sites could get. It is a brand under the Maltese licensed GIG company which is on the Swedish stock exchange. I think its right to have a devils advocate sitting on the fence, as I agree, there are scams and shoddiness galore regarding crypto but I would suggest you need to analyse each brand on a case by case basis. Curacao is necessity for getting licensed for certain casino providers. Curacao its self should do MUCH more to ensure brands are adhering to their regulations but sometimes to operate in grey markets Curacao is the only choice for many brands. Youve even named bet365 in youre list so how can people take it seriously?
Game Protect informs about Curacao
licensing scam operators. Licensing scam means that there is no licensing or gaming authority and that the sub-license has no legal basis! In case of a dispute, the victim has to enforce his claim through legal channels in Curacao and can not expect any help from the licensor.
Game Protect does not say that Curacao licensing scam operators are also automatically
customer scam operators. For the publicly proven scams and risky operators we have a separate
Warnings list! Rizk.com and bet365 is not on it.
thanks for weighing in on this Easternbloc and thank you for your well thought out and constructive comments.
As ever game protect does is best to be provocative without actually using concise language.
The definition for a scam is "an illegal plan for making money, especially one that involves tricking people"
So where is the 'scam' part of a Curaçao licence? The reality is there is none. A government has issued a gambling licence. They are very transparent about the scope of the license:
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https://www.curacao-egaming.com/#page_id-5-
https://calvinayre.com/regulators/curacao/It's ironic that Easterm block says "I assume I will be on your stalker list" , because I feel like I've been on that stalker list for a while.
I notice that game protect has:
Trust: -16: -4 / +0
Warning: Trade with extreme caution!
Which says a lot. For what it's worth I've reported this person to the moderators several times and disappointingly the moderators haven't removed this unhelpful person from these forums.
For anyone reading, Curaçao licences are relatively ineffective when it comes to customer arbitration. However, it's forums like this and sites with arbitration services like latest casino bonuses or AskGamblers that do a great job of guiding customers away from rogue casinos.
There's one other thing to bear in mind with rogue casinos... It costs a lot of money to acquire customers. Since the cost of acquiring a customer so high, operators have to factor in good retention i.e. customers sticking around over a long period of time.
A rogue casino will work in a very short-term way, withholding funds and pressing customers into gambling more than they might want. Upshot: customers become unhappy, they leave and they put out bad reviews about that brand. The rogue casino gets put on 'rogue lists' , has bad reviews and players avoid that brand, pushing up the cost of acquisition and ultimately making the operator bankrupt because it can't get customers in for the right money.
So yes, it would be better if Curaçao had a more invasive policy around player welfare, but the Internet does a good job of steering customers to legitimate operators who do care about their customers.
Ultimately all of this leads back to a simple thing: do your research on forums like this.