#CasinoSecrets

Investigating the Offshore Online Gambling Industry

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Prolific Trade N.V.

Gaming OperatorRegistered March 26, 2024
1
Applications
7
Domains
13
Related Entities
0
Locations

OGL/2024/1415/0636

Granted
Submitted: July 31, 2024End Date: December 4, 2024

Customer

Contact
George Van Zinnicq Bergmann
Email
prolifictrade@igamingcompliance.com
Company
Prolific Trade N.V.

Review Timeline

Verification
DFDesiree Francisco (CGA User 6)
Ended May 13, 2024
Background Check
STSarah Tua (ST)
Background Check
KMKevin Mallia (KM)
Due Diligence
KMKevin Mallia (KM)
Suitability
HSHilary Stewart Jones (HSJ)
Suitability
CHCeline Houareau (CLHR)
Approval
CPCedric Pietersz (Managing Director GCB)
Conditionally Issued
CPCedric Pietersz (Managing Director GCB)
Conditionally Issued
JLJulivienne Leito (JL)
Fully Issued
JLJulivienne Leito (JL)

Compliance Checklists

Application Due Diligence ReviewCritical13 items
Corporate StructureMiscellaneousLowDue Nov 6, 2025

The corporate structure submitted is undated and unsigned. Kindly resubmit signed by the director.

<p>The corporate structure submitted is undated and unsigned. Kindly resubmit signed by the director.<br></p>

Customer Reply uploaded
Financial StatementsFinancial AuditHighDue Dec 4, 2025

Kindly submit the financial statements for the year ending 2023. If these have not yet been drawn up, submit management accounts in their stead.

<p>Kindly submit the financial statements for the year ending 2023. If these have not yet been drawn up, submit management accounts in their stead.</p><p>Update 10/30/2025</p><p>Dear Applicant,</p><p> </p><p>We kindly request that you provide the final financial statements for the fiscal year ending 2023</p>

Customer Reply Interim report has been attached Customer Reply Please see attached signed FS 2023 RCL: FS 2023 submitted To request FS 2024. Possible to move to PL
Business PlanBusiness PlanHighDue Dec 1, 2025

The business plan is dated 2020 and thus the forecasts are outdated. The business plan makes no reference to the applicant company and does not contain a detailed management structure. Kindly update and resubmit.

<p>The business plan is dated 2020 and thus the forecasts are outdated. The business plan makes no reference to the applicant company and does not contain a detailed management structure. Kindly update and resubmit.</p><p>Update 10/30/2025</p><p>Dear Applicant,</p><p> </p><p>We note that the primary target market identified in your business plan is Brazil. In light of recent regulatory changes, we kindly request that you provide a formal legal opinion from a qualified Brazilian attorney confirming that your intended market activities will not be in breach of Brazilian laws and regulations, particularly those enacted in January 2025.</p><p><br></p>

Customer Reply Attached please find new business plan Customer Reply Please see attached explanation letter Internal note: Explanation letter provided in Business plan section
Director's Register CertificationDirector's ListLowDue Nov 6, 2025

The director's register submitted is uncertified. Kindly resubmit duly certified.

<p>The director's register submitted is uncertified. Kindly resubmit duly certified.<br></p>

Customer Reply uploaded
Share Ledger CertificationShare LedgerLowDue Nov 6, 2025

The share ledger submitted is uncertified. Kindly resubmit duly certified.

<p>The share ledger submitted is uncertified. Kindly resubmit duly certified.<br></p>

Customer Reply uploaded
Source of funds of businessSource of FundsHighDue Nov 6, 2025

Kindly submit enhanced documentation as to how the company and its operations are being funded and by whom, including evidencing of any loans, receivable and/or payable.

<p>Kindly submit enhanced documentation as to how the company and its operations are being funded and by whom, including evidencing of any loans, receivable and/or payable.<br></p>

Customer Reply uploaded
Prohibited CountriesQuestionCriticalDue Nov 6, 2025

Since no country of registration is required at registration please advise at what stage players are verified for prohibited countries. (Netherlands was also found in country list of my player account).

Since no country of registration is required at registration please advise at what stage players are verified for prohibited countries. (Netherlands was also found in country list of my player account).

Customer Reply Players are unable to sign up from blocked countries as the website is not accessible to them. Therefore they cannot deposit or withdraw nor play. Netherlands is blocked RCL 15/12 this should be reviewed in line with AML guidelines.
Own Games - APPROVEDMiscellaneousCriticalDue Nov 6, 2025

It was noticed that the company owns its own games. Please submit RNG and game certificates related to the mentioned games.

It was noticed that the company owns its own games. Please submit RNG and game certificates related to the mentioned games.

Customer Reply Please see attached RCL Note 19/11/2025: RNG certificate duly submitted. Confirmed and checklist closed.
DomainsQuestionCriticalDue Nov 6, 2025

Application states blaze.com and blaze1.space as license domains though jon.bet, jonbet.io and jonbet.com are registered with GCB. Kindly confirm all domains will be live under the GCB license.

Application states blaze.com and blaze1.space as license domains though jon.bet, jonbet.io and jonbet.com are registered with GCB. Kindly confirm all domains will be live under the GCB license.

Customer Reply confirmed that all domains will be live
QPA/2024/00881 - Nick Van Gorsel - SOWSource of WealthCriticalDue Nov 6, 2025

Please certify the SOW and provide certified evidence.

<p>Please certify the SOW and provide certified evidence.</p><p><br></p><p>Not provided yet.</p>

Customer Reply Nick Van Gorsel’s wealth originates mainly from his personal investment activities and ownership in Black & White Group, the parent company of Blaze, an online gaming platform operating in Brazil. He co-founded the company in 2018, and its rapid growth made it one of the fastest-growing gaming firms in the country. The success of Blaze generated approximately $400 million of his total $403 million net worth, with the remainder held in investment and bank accounts in the Netherlands. Attached you will find all supporting and certified documents.
QPA/2024/00880 - Nicholas Beugg - SOWSource of WealthCriticalDue Nov 6, 2025

Please certify the SOW and provide certified evidence.

<p>Please certify the SOW and provide certified evidence.</p><p>Not provided yet.</p>

Customer Reply Nicholas Beugg’s wealth originates mainly from his entrepreneurial ventures and investment activities. After starting his investment journey in 2015 by trading U.S. and international equities, his most significant wealth generation came in 2018 when he co-founded Black & White Group (“Blaze”), an online gaming company operating in Brazil. Blaze quickly became one of the fastest-growing online gaming platforms in the country, driving substantial financial success for Beugg. The rapid expansion and profitability of Black & White Group/Blaze form the core of his wealth, complemented by his earlier and ongoing investments in U.S. equities through accounts with firms such as Charles Schwab and Oppenheimer. Attached you will find all supporting and certified documents.
QPA/2024/00880 - Nicholas Beugg - PHDFMiscellaneousCriticalDue Nov 6, 2025

The PHDF must be signed and verified digitally. Please resubmit.

<p class="MsoNoSpacing">The PHDF must be signed and verified digitally. Please resubmit.<o:p></o:p></p>

Customer Reply attached signed and verified digitally. Please inform if additional requirements are needed.
QPA/2025/04009 - Jamie Kean - Missing DocumentsMiscellaneousCriticalDue Dec 8, 2025

Please upload all of the documents requested in the application.

Please upload all of the documents requested in the application.