Still bulshit for me for any kind of (License).

We already seeing so many casino turned into a scam, even they have license.

IMO, since they put a lot marketing money into (Betnomi)

They're just hoping some of player are migrated to the new site, even they doing the refund. From my perspective the tags should be still on there, perhaps with neutral or other tag to inform their past history.
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95% For the user from past website are not gonna to play into new site, they just don't want to go into the same hold again.