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88 Entertainment B.V.

Gaming OperatorRegistered March 28, 2024
2
Applications
0
Domains
5
Related Entities
0
Locations

CGA/2025/1512/1248

In Progress
Submitted: December 3, 2025End Date: July 10, 2026

Customer

Contact
Galina Torgashova
Email
brian.son@88gaming.com
Company
88 Entertainment B.V.

Review Timeline

Verification
AAAnton Axiaq (AAX)
Verification
MMMarilisa Mathew (CGA User 1)
Verification
AAAnton Axiaq (AAX)
Verification
MMMarilisa Mathew (CGA User 1)
Verification
AAAnton Axiaq (AAX)
Suitability
HSHilary Stewart Jones (HSJ)
Suitability
MMMarilisa Mathew (CGA User 1)
Verification
KMKevin Mallia (KM)
Suitability
HSHilary Stewart Jones (HSJ)

Compliance Checklists

Phase 1Critical20 items
Supplier License Application FormQuestionCriticalDue Apr 6, 2026

Please correct the below issues with the Supplier License Application Form and resubmit the form. Application Number: Please ensure that the full application number is visible. Company Name: Please ensure that the company name matches that on the Curaçao Commercial Register excerpt exactly. Question 4: This question is mandatory. Please complete the question. Questions 5 & 6: Please complete question 5 and/or 6. Otherwise please provide an explanation as to why these questions cannot be completed. Question 18: The email address must match that of the portal administrator as registered in the portal.

<p>Please correct the below issues with the Supplier License Application Form and resubmit the form.</p><ol><li><b>Application Number:</b> Please ensure that the full application number is visible.</li><li><b>Company Name: </b>Please ensure that the company name matches that on the Curaçao Commercial Register excerpt exactly.</li><li><b>Question 4: </b>This question is mandatory. Please complete the question.</li><li><b>Questions 5 & 6: </b>Please complete question 5 and/or 6. Otherwise please provide an explanation as to why these questions cannot be completed.</li><li><b>Question 18: </b>The email address must match that of the portal administrator as registered in the portal. </li></ol>

Business and Corporate Information FormQuestionCriticalDue Mar 2, 2026

Please correct the below issues with the Business and Corporate Information Form and resubmit the form. Question 13: In this question, the first row must be the information of the applicant company followed by the information of the intermediate company leading up to the UBO. Please note: anyone holding a c-suite level position (even if the position is held by the UBO) must be listed in question 12.1.

<p>Please correct the below issues with the Business and Corporate Information Form and resubmit the form.</p><ol><li><b>Question 11: </b>On the form it is indicated that the amount of loans by shareholders is 500,000 USDT. On the loan agreement the amount indicated is 500,000 USD. Please clarify the currency and update the information on the Business and Corporate Information Form if necessary.</li><li><b>Question 13: </b>In this question, the first row must be the information of the applicant company followed by the information of the intermediate company leading up to the UBO.</li></ol><p>Please note: anyone holding a c-suite level position (even if the position is held by the UBO) must be listed in question 12.1.</p>

Ex Solution LLC - Share LedgerShare LedgerCriticalDue Apr 6, 2026

Please provide a certified copy of the share ledger for Ex Solution LLC.

Please provide a certified copy of the share ledger for Ex Solution LLC.

Ex Solution LLC - Directors ListDirector's ListCriticalDue Apr 6, 2026

Please upload a certified copy of the directors list for Ex Solution LLC.

Please upload a certified copy of the directors list for Ex Solution LLC.

Ex Solution LLC - Articles of IncorporationArticles of IncorporationCriticalDue Mar 2, 2026

Please upload the articles of incorporation for Ex Solution LLC.

Please upload the articles of incorporation for Ex Solution LLC.

Business PlanBusiness PlanCriticalDue Apr 6, 2026

The business plan must include the company management structure showing key management roles and reporting lines.

<p>The business plan must include the company management structure showing key management roles and reporting lines.</p><p>Resubmit the financial projections as an annex to the business plan, showing a detailed yearly breakdown of the projected investments, revenue and OPEX, in the format of an income statement and balance sheet. </p>

Declaration of Good StandingMiscellaneousCriticalDue Apr 24, 2026

Please provide a certified copy of the Declaration of Good Standing (verzoek verklaring betalingsgedrag) of 88 Entertainment B.V. Kindly upload the document in the Extra Documentation section and name the file Declaration of Good Standing. Please note that the Declaration of Good Standing must be the official document issued by the Tax Authorities with the stamp of 'ontvanger' and the 'invorderaar' and it must be certified as a true copy.

Please provide a certified copy of the Declaration of Good Standing (verzoek verklaring betalingsgedrag) of 88 Entertainment B.V. Kindly upload the document in the Extra Documentation section and name the file Declaration of Good Standing. Please note that the Declaration of Good Standing must be the official document issued by the Tax Authorities with the stamp of 'ontvanger' and the 'invorderaar' and it <u><b>must be certified as a true copy</b></u>.

Carl Astor - Personal History Disclosure FormQuestionCriticalDue Apr 6, 2026

Please correct the below issue on the Personal History Disclosure Form and resubmit the form. Declaration and Data Privacy: The form must be signed digitally. Copy/pasted signatures are not accepted.

<p>Please correct the below issue on the Personal History Disclosure Form and resubmit the form.</p><ol><li><b>Declaration and Data Privacy: </b>The form must be signed digitally. Copy/pasted signatures are not accepted.</li></ol>

Carl Astor - Name ChangeMiscellaneousCriticalDue Apr 6, 2026

According to the Personal History Disclosure Form, Carl Astor's former name was Honggyu Kim and his name was changed in 2021. Please provide documentation evidencing the name change in 2021. All documents provided must be certified as a true copy by an independent and authorized certifier.

According to the Personal History Disclosure Form, Carl Astor's former name was Honggyu Kim and his name was changed in 2021. Please provide documentation evidencing the name change in 2021. All documents provided must be certified as a true copy by an independent and authorized certifier.

Carl Astor - Criminal RecordCriminal RecordCriticalDue Apr 6, 2026

Please provide a certified copy of the criminal record for Cyprus.

Please provide a certified copy of the criminal record for Cyprus.

Carl Astor - Bank Reference LetterReference LetterCriticalDue Mar 2, 2026

Please provide a certified copy of a bank reference letter. The letter must be on bank letterhead, must have been issued within the last six months, and must be certified as a true copy.

Please provide a certified copy of a bank reference letter. The letter must be on bank letterhead, must have been issued within the last six months, and must be certified as a true copy.

Carl Astor - Source of WealthSource of WealthCriticalDue Apr 6, 2026

Please provide a certified copy of the bank statement submitted as source of wealth. Also, please provide an explanation as to why the address on the bank statement does not match the address on the Personal History Disclosure Form.

Please provide a <u>certified copy</u> of the bank statement submitted as source of wealth. Also, please provide an explanation as to why the address on the bank statement does not match the address on the Personal History Disclosure Form.

Ex Solution LLC - Director(s)MiscellaneousCriticalDue Apr 6, 2026

Please note that the director(s) of Ex Solution LLC must be added in the portal and the Personal History Disclosure Form and all enclosures (with the exception of source of wealth) must be uploaded.

Please note that the director(s) of Ex Solution LLC must be added in the portal and the Personal History Disclosure Form and all enclosures (with the exception of source of wealth) must be uploaded.

C-Suite Level PositionsMiscellaneousCriticalDue Apr 6, 2026

Please note that all those holding c-suite level positions (CEO, CFO, CTO, etc.) must be added in the portal and the Personal History Disclosure Form and all enclosures (with the exception of source of wealth) must be uploaded.

Please note that all those holding c-suite level positions (CEO, CFO, CTO, etc.) must be added in the portal and the Personal History Disclosure Form and all enclosures (with the exception of source of wealth) must be uploaded.

Jonathan Heymans - PassportPassportCriticalDue Mar 2, 2026

Please upload a certified copy of the passport in the base application QPA/2024/02337.

Please upload a certified copy of the passport in the base application QPA/2024/02337.

Financial StatementsFinancial AuditCriticalDue Apr 24, 2026

Submit signed financial statements in whichever form for the 18 months of operation

Submit signed financial statements in whichever form for the 18 months of operation

Carl Astor - Bank Reference LetterReference LetterCriticalDue Apr 6, 2026

Please provide a certified copy of a bank reference letter. The letter must be on bank letterhead, must have been issued within the last six months, and must be certified as a true copy.

<p>Please provide a certified copy of a bank reference letter. The letter must be on bank letterhead, must have been issued within the last six months, and must be certified as a true copy.</p><p><b><u>UPDATE</u></b></p><p>In the event that the bank does not issue reference letters, a bank statement can be submitted. However, the bank statement <u>must be certified as a true copy</u>. <b>Please submit a <u>certified true copy</u> of a bank statement issued within the last six months.</b></p>

Bank does not issued reference letters. we have attached updated statment and a letter of confirmation [Sent by Jonathan Heymans - 23-02-2026 15:39]
[Sarah Cathalina-Labbe - 03-03-2026 13:06]
Carl Astor - Proof of AddressProof of AddressCriticalDue Apr 6, 2026

Please note that a bank statement cannot be accepted as proof of address. Please provide a certified copy of a utility bill, landline phone bill (mobile bills are not accepted), or cable/internet bill. The proof of address document must have been issued within the last six months and must be certified as a true copy.

<p>Please note that a bank statement cannot be accepted as proof of address. Please provide a <u>certified copy</u> of a utility bill, landline phone bill (mobile bills are not accepted), or cable/internet bill. The proof of address document must have been issued within the last six months and must be certified as a true copy.</p><p><b><u>UPDATE</u></b></p><p><u>The address information is not in English.</u> <b>Please submit an English translation of the utility bill certified by the translator.</b></p>

Uploaded new one, you will see address mentioned on the form, which contains the clients passport as well, all duly certified. [Sent by Jonathan Heymans - 17-02-2026 14:45]
[Sarah Cathalina-Labbe - 03-03-2026 13:13]
Jonathan Heymans - PassportPassportCriticalDue Apr 6, 2026

Please upload a certified copy of the passport in the base application QPA/2024/02337.

<p>Please upload a certified copy of the passport in the base application QPA/2024/02337.</p><p><b><u>UPDATE</u></b></p><p>The certified copy of the passport <u>must be uploaded in the base application</u>. <b>Please upload the certified copy of the passport in the <u>base application QPA/2024/02337</u>.</b></p>

Uploaded. [Sent by Jonathan Heymans - 03-02-2026 23:56]
[Sarah Cathalina-Labbe - 03-03-2026 13:31]
Ex Solution LLC - Articles of IncorporationArticles of IncorporationCriticalDue Apr 24, 2026

Please upload the articles of incorporation for Ex Solution LLC.

<p>Please upload the articles of incorporation for Ex Solution LLC.</p><p><b><u>UPDATE</u></b></p><p>Please submit a <u><b>certified</b></u> copy of the Initial Limited Liability Company Agreement for Ex Solution LLC.</p>

Uploaded. [Sent by Jonathan Heymans - 16-02-2026 20:55]
[Sarah Cathalina-Labbe - 09-03-2026 20:31]
Phase 1 - Due DiligenceCritical6 items
Carl Astor- PassportPassportCriticalDue May 12, 2026

Please upload a colour certified copy of your passport.

<p>Please upload a colour certified copy of your passport.</p><p>Please certify the passport as true copy.</p><p><br>Still Not Certified</p>

Financial Statements Ex SolutionsFinancial AuditCriticalDue May 13, 2026

Please provide Financial Statements For Ex Solutions LLC

<p>Please provide Financial Statements For Ex Solutions LLC.</p><p><b><u>Update 29/04/2026:</u><br>Please provide Financial Statements for Ex Solutions LLC, appropriately signed by the director of the company.</b></p>

Submitted FS not signed by the director. Checklist re-opened and re-assigned to account manager.
[Luca Camilleri - 29-04-2026 16:34]
FinancialsMiscellaneousCriticalDue May 13, 2026

Please submit financial statements for the applicant company, in whatever form, for the first year of operation.

<p>Please submit financial statements for the applicant company, in whatever form, for the first year of operation.</p><p><b><u>Update 29/04/2026:<br></u>Submitted FS must be signed by the managing director of the company. Please re-submit accordingly.</b></p>

FS not signed. Checklist re-opened.
[Luca Camilleri - 29-04-2026 16:41]
EX Solutions ledgerMiscellaneousCriticalDue May 13, 2026

The manager register and share ledger of Ex Solutions LLC provide two different corporate registration numbers. To indicate the correct. To re submit a certified copy of the document with the incorrect registration number

The manager register and share ledger of Ex Solutions LLC provide two different corporate registration numbers. To indicate the correct. To re submit a certified copy of the document with the incorrect registration number

Carl Astor - PHDFIncomplete FormCriticalDue May 12, 2026

Please sign and verify the PHDF digitally.

Please sign and verify the PHDF digitally.

Carl Astor - SOWSource of WealthCriticalDue May 12, 2026

Please provide a Personal Declaration certified of the SOW.

Please provide a Personal Declaration certified of the SOW.

Personal Background ChecksCritical14 items
Application DateQuestionMinorDue May 13, 2026

Check and list the Application Date.

Position/RoleQuestionCriticalDue May 13, 2026

List Position:

Native NameQuestionCriticalDue May 13, 2026

Please list the native name.

PHDFQuestionCriticalDue May 13, 2026

Approved or not. If no list, why?

We can accept it for this instance because it is digitally verified. Check the document in Adobe.
[Support Admin - 19-05-2026 14:20]
PHDF to be signed digitally
[Philippe Warzee - 06-05-2026 14:58]
PassportPassportCriticalDue May 13, 2026

Approved, or if not, list why.

ok
[Support Admin - 10-07-2026 10:13]
Passport CTC but uploaded in Proof of address. To upload in the correct Passport enclosure
[Philippe Warzee - 06-05-2026 14:59]
Birth CertificateBirth CertificateCriticalDue May 13, 2026

Approved, or if not, list why.

Criminal RecordQuestionCriticalDue May 13, 2026

Approved, or if not, list why.

Following Criminal records to be uploaded : Vanuatu Criminal Records if possible on both full names ( before change & after change)
[Philippe Warzee - 07-05-2026 08:04]
Proof of AddressQuestionCriticalDue May 13, 2026

Approved, or if not, list why.

Not approved : either not translated from Greek but CTC, or translated but not CTC Must be CTC & translated
[Philippe Warzee - 06-05-2026 15:02]
Reference LetterQuestionCriticalDue May 13, 2026

Approved, or if not, list why.

SOW - Source of WealthSource of WealthCriticalDue May 13, 2026

Approved, or if not, list why.

<p>No Personal declaration either CTC or digitally signed - No convincing evidences -</p>

No Personal Declaration CTC - lack of evidences
[Philippe Warzee - 07-05-2026 08:23]
No Personal Declaration CTC - lack of evidences
[Philippe Warzee - 06-05-2026 15:04]
Letter of EngagementQuestionMediumDue May 13, 2026

Approved or if not, list why.

CVCuriculum VitaeHighDue May 13, 2026

Approved or if not, list why.

PEP or family of PEPQuestionCriticalDue May 13, 2026

If yes, list the place and role.

Open Source MediaQuestionMinorDue May 13, 2026

Add the URL and give a small summary.

Phase 2Critical1 item
Information Security PolicyPolicy DocumentCriticalDue Jul 6, 2026

Please upload the Information Security Policy to the designated policy section in the portal.

Please upload the Information Security Policy to the designated policy section in the portal.