#CasinoSecrets

Investigating the Offshore Online Gambling Industry

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Foozle Ventures (Curaçao) N.V.

Gaming OperatorRegistered April 16, 2024
2
Applications
9
Domains
3
Related Entities
0
Locations

OGL/2024/1644/0877

Rejected
Submitted: April 2, 2025End Date: October 6, 2025

Customer

Contact
Erroll Javier Cruz Valldeperas
Email
scarmona@imail.ag
Company
Foozle Ventures (Curaçao) N.V.

Review Timeline

Verification
JMJosenne Mambre (GCB User 2)
Verification
KDKimberly De Freitas (KdF)
Due Diligence
AAAnton Axiaq (AAX)
Background Check
PWPhilippe Warzee (PW)
Background Check
AAAnton Axiaq (AAX)
Due Diligence
STSarah Tua (ST)
Due Diligence
KMKevin Mallia (KM)

Compliance Checklists

Application Verification ReviewCritical10 items
Missing answers regarding questions 4 & 8.MiscellaneousCriticalDue Oct 26, 2024

Page 1: Question 4, The Company Tax ID Number must be filled. Page 2: Question 8 , One option must be selected.

<p>Dear Applicant, </p><p><br></p><p>Please complete the following actions: </p><p>Page 1: Kindly fill Question 4 and resubmit the form.</p><p> Page 2: The response to Question is missing. Please select an option in Question 8 and resubmit the form.</p><p><br></p><p>Best regards,<br></p><p></p><p class="MsoNormal">Curaçao Gaming Control Board</p>

Missing Criminal Record.Criminal RecordMediumDue Oct 26, 2024

Original or certified true copy of a recent police conduct and/or conviction sheet receipt must be submitted for every jurisdiction whereby the applicant resided for more than six months in the last two years.

The Criminal Record of Erroll Javier Cruz Valldeperas missing. Kindly submit a recent valid and clear Criminal Record.

Original or certified recent true copy of a credit institution/bank reference or bank statement and recent proof of addressMiscellaneousCriticalDue Oct 26, 2024

Applicant must submit: - Original or certified recent true copy of a credit institution/bank reference or bank statement (issued within six (6) months of the date of filing of this application). -Original or certified true copy of a utility bill or bank statement showing the applicant’s current address or any document verifying residential address.

- Kindly resubmit a valid reference letter or bank statement. -The enclosed proof of address document is expired. Kindly resubmit a recent proof of address document or bank statement. - The enclosed proof of address document is expired. Kindly resubmit a recent proof of address document or bank statement.

PAGE 6: QUESTION 36: Contact person passport country of issue is required.QuestionCriticalDue Oct 26, 2024

The email address of the contact person is missing in Question 39. Kindly fill Question 39 and resubmit the form.

The email address of the contact person is missing in Question 39. Kindly fill Question 39 and resubmit the form.

Erroll Cruz Valldeperas - Criminal RecordCriminal RecordMinorDue Dec 2, 2024

Copy of a recent police conduct and/or conviction sheet receipt must be submitted for every jurisdiction whereby the applicant resided for more than six months in the last two years. " The enclosed document, criminal record is incorrect. Kindly resubmit.

Copy of a recent police conduct and/or conviction sheet receipt must be submitted for every jurisdiction whereby the applicant resided for more than six months in the last two years. " The enclosed document, criminal record is incorrect. Kindly resubmit.

Criminal Record - Personal History Disclosure Form (Enclosures):Criminal RecordLowDue Oct 25, 2024

Original or certified true copy of a recent police conduct and/or conviction sheet receipt must be submitted for every jurisdiction whereby the applicant resided for more than six months in the last two years. " The enclosed document, criminal record is incorrect. Kindly resubmit.

Original or certified true copy of a recent police conduct and/or conviction sheet receipt must be submitted for every jurisdiction whereby the applicant resided for more than six months in the last two years. " The enclosed document, criminal record is incorrect. Kindly resubmit.

Proof of address - Personal History Disclosure Form (Enclosures)Proof of AddressCriticalDue Sep 26, 2024

Original or certified true copy of a utility bill or bank statement showing the applicant’s current address or any document verifying residential address. The enclosed proof of address document is expired. Kindly resubmit a recent proof of address document or bank statement.

Original or certified true copy of a utility bill or bank statement showing the applicant’s current address or any document verifying residential address. The enclosed proof of address document is expired. Kindly resubmit a recent proof of address document or bank statement.

Proof of address - Personal History Disclosure Form (Enclosures)Proof of AddressCriticalDue Oct 26, 2024

Original or certified true copy of a utility bill or bank statement showing the applicant’s current address or any document verifying residential address. The enclosed proof of address document is expired. Kindly resubmit a recent proof of address document or bank statement.

Original or certified true copy of a utility bill or bank statement showing the applicant’s current address or any document verifying residential address. The enclosed proof of address document is expired. Kindly resubmit a recent proof of address document or bank statement.

PAGE 1: QUESTION 4 - Online Gaming Application FormQuestionCriticalDue Dec 9, 2024

The Company Tax ID Number is incorrect Company Tax ID Number. Kindly fill Question 4 and resubmit the form.

The Company Tax ID Number is incorrect Company Tax ID Number. Kindly fill Question 4 and resubmit the form.

PAGE 3: QUESTION 17 - Online Gaming Application FormQuestionCriticalDue Dec 2, 2024

Question 17.1 is selected but not specified.

Question 17.1 is selected but not specified.

Application Due Diligence ReviewCritical9 items
QPA/2024/02540 - Erroll Cruz Valldeperas - ApplicationMiscellaneousCriticalDue Sep 1, 2025

Please re-upload a copy of the original documents, including the translation.

Please re-upload a copy of the original documents, including the translation.

UBO Application - MissingMiscellaneousCriticalDue Sep 1, 2025

Please upload an application for the UBO.

Please upload an application for the UBO.

Compliance officerMiscellaneousCriticalDue Sep 1, 2025

Appoint a CO fluent in AML and submit their PHDF, together with relevant enclosures, as well as a Letter of engagement and CV . No SOW required

Appoint a CO fluent in AML and submit their PHDF, together with relevant enclosures, as well as a Letter of engagement and CV . No SOW required

Share Ledger CertificationShare LedgerCriticalDue Sep 1, 2025

Share ledger is uncertified. Resubmit duly certified

Share ledger is uncertified. Resubmit duly certified

Director's RegisterDirector's ListCriticalDue Sep 1, 2025

1. Director's register is not verified. Resubmit an updated director's register 2. Representatives of Local Partners BV are required to submit their PHDF and relevant enclosures

1. Director's register is not verified. Resubmit an updated director's register 2. Representatives of Local Partners BV are required to submit their PHDF and relevant enclosures

Source of funds of businessSource of FundsCriticalDue Sep 1, 2025

Submit certified documentation showing how the operations of the business are funded and by whom, including documents which show funding of the company by shareholders or third parties

Submit certified documentation showing how the operations of the business are funded and by whom, including documents which show funding of the company by shareholders or third parties

Financial StatementsFinancial AuditCriticalDue Sep 1, 2025

Submit FS for years ending 2022 and 2023, as well as signed financials in whatever form for year ending 2024

Submit FS for years ending 2022 and 2023, as well as signed financials in whatever form for year ending 2024

Corporate StructureMiscellaneousCriticalDue Sep 1, 2025

Resubmit a signed corporate structure duly dated

Resubmit a signed corporate structure duly dated

Business PlanBusiness PlanCriticalDue Sep 1, 2025

The Business Plan lacks information and criteria listed in the guidelines on the application portal. It requires a detailed management structure showing allocated responsibilities, controls and identification of key persons, detailed information on the business rationale, provision of information about payment gateways, a risk analysis, contractual and financial model with key suppliers. Kindly review the guidelines on the portal, revise the business plan and resubmit.

The Business Plan lacks information and criteria listed in the guidelines on the application portal. It requires a detailed management structure showing allocated responsibilities, controls and identification of key persons, detailed information on the business rationale, provision of information about payment gateways, a risk analysis, contractual and financial model with key suppliers. Kindly review the guidelines on the portal, revise the business plan and resubmit.