#CasinoSecrets

Investigating the Offshore Online Gambling Industry

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888 Arcades N.V.

Gaming OperatorRegistered April 15, 2024
2
Applications
1
Domains
4
Related Entities
0
Locations

OGL/2024/1622/0963

Rejected
Submitted: April 30, 2024End Date: October 24, 2024

Customer

Contact
Constantia Michaelidou
Email
888arcadenv@gmail.com
Company
888 Arcades N.V.

Review Timeline

Verification
DFDesiree Francisco (CGA User 6)
Ended May 20, 2024
Due Diligence
STSarah Tua (ST)
Due Diligence
KMKevin Mallia (KM)
Suitability
HSHilary Stewart Jones (HSJ)
Suitability
KMKieran McLean (KMC)
Approval
CPCedric Pietersz (Managing Director GCB)

Compliance Checklists

Application Verification ReviewCritical14 items
Page 6 Question 34QuestionMinorDue Aug 8, 2024

The form has a different contact person than that of the portal user.

Kindly change to the appointed contact person and resubmit the form.

Page 6 Question 34QuestionMinorDue Aug 8, 2024

The form has a different contact person than that of the portal user.

Kindly change to the appointed contact person and resubmit the form.

Page 6 Question 39QuestionMinorDue Aug 8, 2024

The form has a different contact person email address from that of the portal user.

Kindly change the email address and resubmit the form.

Page 7QuestionCriticalDue Jul 25, 2024

The form must have the Declaration and Data Privacy named and digitally signed by the contact person (portal user).

Kindly fill and sign the Declaration and Data Privacy and resubmit the form.

Page 6 Question 35-38QuestionMinorDue Aug 8, 2024

The form has incorrect information.

Kindly update to match the portal user information.

Nicole NasharQuestionMinorDue Aug 8, 2024

Page 2 Question 17: Passport date of issue is incorrect.

Kindly correct and resubmit the form.

Nicole NasharQuestionMinorDue Aug 8, 2024

Page 2 Question 18: The passport date of expiry is incorrect.

Kindly correct and resubmit the form.

Nicole NasharQuestionMinorDue Aug 8, 2024

Page 2 Question 19: The provided information must be the same as in the passport.

Kindly change and resubmit the form.

Nicole Nashar - Birth CertificateBirth CertificateMinorDue Aug 8, 2024

The birth certificate is missing.

Kindly resubmit the birth certificate.

Nicole Nashar - Credit Institution / Bank Reference Letter or Bank StatementMiscellaneousCriticalDue Jul 25, 2024

The Credit Institution / Bank Reference Letter or Bank Statement is missing.

Kindly submit a recent/valid (within the last six months) Credit Institution / Bank Reference Letter or Bank Statement.

Constantia MichaelidouQuestionMinorDue Aug 8, 2024

Page 2 Question 17: Passport date of issue is incorrect.

Kindly correct and resubmit the form.

Constantia MichaelidouQuestionMinorDue Aug 8, 2024

Page 2 Question 18: The passport date of expiry is incorrect.

Kindly correct and resubmit the form.

888 Arcades N.V.MiscellaneousCriticalDue Jul 25, 2024

The provided company structure diagram and share ledger does not match each other.

Kindly provide the correct document.

888 Arcades N.V. - Share LedgerShare LedgerCriticalDue Jul 25, 2024

The provided share ledger is outdated.

Kindly provide a recent/valid share ledger.

Application Due Diligence ReviewCritical11 items
QPA/2024/01639 - Nicole Nashar - Birth CertificateBirth CertificateCriticalDue Aug 14, 2024

Birth certificate has not been submitted. Kindly submit a copy of the birth certificate.

Birth certificate has not been submitted. Kindly submit a copy of the birth certificate.

QPA/2024/01639 - Nicole Nashar - Bank ReferenceQuestionCriticalDue Aug 14, 2024

A bank reference was not submitted . Kindly submit a bank reference.

A bank reference was not submitted . Kindly submit a bank reference.

QPA/2024/01639 - Nicole Nashar - SOWSource of WealthCriticalDue Aug 13, 2024

SOW is not valid. Kindly provide more evidence of SOW.

SOW is not valid. Kindly provide more evidence of SOW .

Corporate StructureMiscellaneousCriticalDue Aug 20, 2024

1. The corporate structure is undated and unsigned. It is required to be signed by a director of the company. It should be resubmitted duly signed. 2. The passport number of the UBO indicated is unverified. A passport number which is verifiable from documents submitted should be included. 3. The corporate structure submitted does not align with the share ledger, wherein there are 2 share holders in equal shares. Kindly clarify

<p>1. The corporate structure is undated and unsigned. It is required to be signed by a director of the company. It should be resubmitted duly signed.</p><p>2. The passport number of the UBO indicated is unverified. A passport number which is verifiable from documents submitted should be included.</p><p>3. The corporate structure submitted does not align with the share ledger, wherein there are 2 share holders in equal shares. Kindly clarify</p>

Director's Register CertificationDirector's ListLowDue Aug 20, 2024

The director's register submitted in uncertified. Resubmit duly certified.

<p>The director's register submitted in uncertified. Resubmit duly certified.<br></p>

Financial StatementsFinancial AuditHighDue Aug 20, 2024

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

<p>Submit the financial statements of the company for year ending 2023. If these have not yet been drawn up, submit management accounts in their stead.<br></p>

Business PlanBusiness PlanCriticalDue Aug 20, 2024

The Business Plan lacks information and criteria listed in the guidelines on the application portal. It does not include a management structure, nor does it detail the business risk rationale, provision of information about payment gateways, contractual and financial model with key suppliers. Kindly review the guidelines on the portal, revise the business plan and resubmit.

<p>The Business Plan lacks information and criteria listed in the guidelines on the application portal. It does not include a management structure, nor does it detail the business risk rationale, provision of information about payment gateways, contractual and financial model with key suppliers. Kindly review the guidelines on the portal, revise the business plan and resubmit.<br></p>

Share LedgerShare LedgerCriticalDue Aug 20, 2024

The share ledger duly certified on 12.7.2023 indicates 2 share holders in equal shares. This does not align with the corporate structure and the entire application and personnel submitted for due diligence through the portal. Kindly clarify.

<p>The share ledger duly certified on 12.7.2023 indicates 2 share holders in equal shares. This does not align with the corporate structure and the entire application and personnel submitted for due diligence through the portal. Kindly clarify.<br></p>

DomainsOperationsCriticalDue Aug 20, 2024

The company has two domains registered in the GCB portal arcade888.com and 888arcadecasino.com please confirm which domains will be live under new seal.

The company has two domains registered in the GCB portal arcade888.com and 888arcadecasino.com please confirm which domains will be live under new seal.

Game TypesMiscellaneousCriticalDue Aug 20, 2024

The company website shows games such as poker which were not include in the application. Please advise total names of all games and providers to be offered.

The company website shows games such as poker which were not include in the application. Please advise total names of all games and providers to be offered.

Problem GamingMiscellaneousCriticalDue Aug 20, 2024

No underage warnings, no responsible gaming policy on site and no help. Advise accordingly.

No underage warnings, no responsible gaming policy on site and no help. Advise accordingly.