#CasinoSecrets

Investigating the Offshore Online Gambling Industry

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The inclusion of a person, company, domain, or other entity in the CasinoSecrets database does not imply illegal or improper conduct. The data was extracted directly from relevant gambling authorities and official registers on the basis of a significant public interest and reflects information available up to August 2026.

Records may be incomplete, outdated, or contain errors from the underlying source systems. Please verify identities using company numbers, addresses, domains, licence details, or other identifying information before drawing conclusions. The database is intended to make information of significant public interest accessible for journalistic and research purposes. Individual records should be understood in the context of the underlying data and the reporting published alongside them.

Raging Rhino N.V.

Gaming OperatorRegistered April 18, 2024
1
Applications
1
Domains
7
Related Entities
0
Locations

OGL/2024/1675/0903

Granted
Submitted: November 8, 2024End Date: March 26, 2025

Customer

Contact
Kevin Gonçalves Segredo
Email
ragingrhino@fastmail.com
Company
Raging Rhino N.V.

Review Timeline

Verification
SMSaura Maurera (CGA user 5)
Due Diligence
STSarah Tua (ST)
Due Diligence
PWPhilippe Warzee (PW)
Due Diligence
AAAnton Axiaq (AAX)
Due Diligence
LCLuca Camilleri (LC)
Suitability
HSHilary Stewart Jones (HSJ)
Suitability
CHCeline Houareau (CLHR)
Approval
CPCedric Pietersz (Managing Director GCB)
Conditionally Issued
CPCedric Pietersz (Managing Director GCB)
Conditionally Issued
CPCedric Pietersz (Managing Director GCB)
Conditionally Issued
SPSulmahine Penza-Kwidama (CGA USER 59)

Compliance Checklists

Application Verification ReviewCritical15 items
Question 34 -Name contact personQuestionLowDue Sep 11, 2024

The name of the contact person is not correct. Is not the same as that of the portal user. Kindly change the name to the appointed contact person and resubmit the form.

The name of the contact person is not correct. Is not the same as that of the portal user. Kindly change the name to the appointed contact person and resubmit the form.

Question 35QuestionLowDue Sep 11, 2024

The contact information details of Question 35 is incorrect. At least one item must be selected. Kindly change Question 35 to the appointed contact person and resubmit the form.

The contact information details of Question 35 is incorrect. At least one item must be selected. Kindly change Question 35 to the appointed contact person and resubmit the form.

Question 36 -Passport numberQuestionLowDue Sep 11, 2024

The passport number is not correct. Passport number must be the same as that of the contact person in the portal. Kindly change passport number and resubmit the form.

The passport number is not correct. Passport number must be the same as that of the contact person in the portal. Kindly change passport number and resubmit the form.

QuestionQuestionLowDue Jul 4, 2024

PAGE 6: QUESTION 36

The contact information details of Question 36 is incorrect. The form has a different contact person than that of the portal administrator. The name of the contact person must be the same as the portal. Kindly change Question 36 to the appointed contact person and resubmit the form.

QuestionQuestionLowDue Jul 4, 2024

PAGE 6: QUESTION 36

The contact information details of Question 36 is incorrect. The form has a different contact person than that of the portal administrator. The name of the contact person must be the same as the portal. Kindly change Question 36 to the appointed contact person and resubmit the form.

QuestionQuestionLowDue Jul 4, 2024

PAGE 6: QUESTION 36

The contact information details of Question 36 is incorrect. The form has a different contact person than that of the portal administrator. The name of the contact person must be the same as the portal. Kindly change Question 36 to the appointed contact person and resubmit the form.

Question 37 -Passport country of issueQuestionLowDue Sep 11, 2024

The passport country of issue is not correct. Passport country of issue must be that of the contact person in the portal. Kindly change passport country of issue and resubmit the form.

<p class="MsoNormal">The passport country of issue is not correct.  Passport country of issue must be that of the contact person in the portal. Kindly change passport country of issue and resubmit the form.<o:p></o:p></p>

Question 38 -Address contact personQuestionLowDue Sep 11, 2024

The address of the contact person is not correct. The address must be that of the contact person in the portal. Kindly change the address and resubmit the form.

<p class="MsoNormal">The address of the contact person is not correct. The address must be that of the contact person in the portal. Kindly change the address and resubmit the form.<o:p></o:p></p>

Declaration and Data Privacy -Name and signature contact personMiscellaneousCriticalDue Sep 11, 2024

The name and the signature on the Declaration and data privacy on page 7 is not correct. The name and the signature must be the same as that of the portal user. Kindly fill in the name and signature of the portal user and resubmit the Form.

The name and the signature on the Declaration and data privacy on page 7 is not correct. The name and the signature must be the same as that of the portal user. Kindly fill in the name and signature of the portal user and resubmit the Form.

Andreas Vickman -Birth CertificateBirth CertificateLowDue Sep 11, 2024

Birth Certificate is not correct. Kindly resubmit a Copy of Birth Certificate.

Birth Certificate  is not correct. Kindly resubmit a Copy of Birth Certificate.

Andreas Vickman PassportPassportCriticalDue Sep 11, 2024

The enclosed Passport is expired. Kindly resubmit a valid passport.

The enclosed Passport  is expired. Kindly resubmit a valid passport.

Sacha Dragic -Personal history disclosure formMiscellaneousCriticalDue Sep 11, 2024

Personal History Disclosure Form has not been provided. Kindly download the appropriate forms and submit.

Personal History Disclosure Form has not been provided. Kindly download the appropriate forms and submit.

Sacha DragicMiscellaneousCriticalDue Sep 11, 2024

Enclosures has not been provided. Kindly download the appropriate forms and submit.

Enclosures has not been provided. Kindly download the appropriate forms and submit.

Dimce Karakabakov -Personal history disclosure formMiscellaneousCriticalDue Sep 11, 2024

Personal History Disclosure Form has not been provided. Kindly download the appropriate forms and submit.

Personal History Disclosure Form has not been provided. Kindly download the appropriate forms and submit.

Dimce KarakabakovMiscellaneousCriticalDue Aug 21, 2024

Enclosures of the Legal Representative, Dimce Karakabakov has not been provided.

Kindly download the appropriate forms and submit.

Application Due Diligence ReviewCritical14 items
Statutory Documents - Holding CompaniesShare LedgerCriticalDue Feb 14, 2025

Submit certified copies (In English) of the missing a) Articles of Association, b) Director's Register and c) Share ledgers which clearly identify the Shareholders and their % holding , including certified copies of trust deeds, if applicable in order to identify the UBOs, of all the following companies: 1. Montocelo Holdings Ltd 2. SB Group Ltd 3. SB Lux Financing SARL 4. SB Lux Midco SARL 5. SB Lux Topco SARL 6. United Gaming Group Ltd 7. Hellen's Rock Capital Ltd 8. Seaside Topco SARL 9. BTO Seaside Holdings LP 10. RHML Holding GMBH 11. Crimson Trust

The Director's register for RHML Holding and Crimson Trust are still missing. Kindly submit certified copies (in English).

Sacha DragicShare LedgerCriticalDue Nov 8, 2024

Corporate structure indicates a holding of more than 10% in the applicant company. Submit a PHDF and relevant enclosures for this person

Corporate structure indicates a holding of more than 10% in the applicant company. Submit a PHDF and relevant enclosures for this person

Business PlanBusiness PlanCriticalDue Nov 8, 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, allocated responsibilities, controls, 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.

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, allocated responsibilities, controls, 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.

Share Ledger Certification (reviewed and approved)Share LedgerLowDue Nov 8, 2024

The share ledger is uncertified. Resubmit certified.

The share ledger is uncertified. Resubmit certified.

Checklist requirements satisfied. Checklist closed.
[Luca Camilleri - 19-02-2026 10:30]
Financial Statements (reviewed and approved)Financial AuditCriticalDue Nov 8, 2024

Submit detailed and signed FS for years ending 2022 and 2023. If the latter have not been drawn up as yet, submit management accounts instead.

Submit detailed and signed FS for years ending 2022 and 2023. If the latter have not been drawn up as yet, submit management accounts instead.

Checklist requirements satisfied. Checklist closed.
[Luca Camilleri - 19-02-2026 09:23]
QPA/2024/01409 - Roland Haas - SOWSource of WealthCriticalDue Mar 5, 2025

SOW is not valid. Please submit a SOW along with certified supporting evidence in order to support the business.

<p>SOW is not valid. Please submit a SOW along with certified supporting evidence in order to support the business.</p><p>SOW needs to be certified and translated.</p><p><b>February 19, 2026</b><br>Please do provide a certified and translated SOW.</p>

Please ask them for a certified and translated SOW
[Anton Axiaq - 19-02-2026 09:09]
QPA/2024/02750 - Luca Giancola - Proof of addressProof of AddressCriticalDue Feb 14, 2025

Please submit a utility bill that reflects your residential address.

Please submit a utility bill that reflects your residential address not a bank statement.

QPA/2024/02750 - Luca Giancola - Letter of engagement and CVCuriculum VitaeCriticalDue Feb 14, 2025

Kindly submit a curriculum vitae and an engagement letter for the position of compliance officer.

<p class="MsoNoSpacing">Kindly submit a curriculum vitae and an engagement letter for the position of compliance officer.<br></p><p class="MsoNoSpacing"><b>February 19, 2026</b><br>Please do submit the engagement letter with signature of two parties.<o:p></o:p></p>

The engagement letter needs to be signed by two parties.
[Anton Axiaq - 19-02-2026 09:14]
QPA/2024/02750 - Luca Giancola - Proof of addressProof of AddressCriticalDue Feb 14, 2025

Please submit a utility bill that reflects your residential address.

Please submit a utility bill that reflects your residential address not a bank statement.

QPA/2024/02949 - Dimche Karakabakov - Birth CertificateBirth CertificateCriticalDue Feb 14, 2025

Please provide a certified copy of the original birth certificate.

Please provide a certified copy of the original birth certificate.

QPA/2024/02949 - Dimche Karakabakov - Proof of addressProof of AddressCriticalDue Feb 14, 2025

Please submit a utility bill that reflects your residential address.

<p class="MsoNoSpacing">Please submit a utility bill that reflects your residential address.</p><p class="MsoNoSpacing"><br></p><p class="MsoNoSpacing"><o:p></o:p></p>

No, I will open a new item requesting them to list and provide PHDF and supporting documentation for a local managing director.
[Sulmahine Penza-Kwidama - 19-02-2026 15:03]
Is he eligible as a local director?
[Anton Axiaq - 19-02-2026 09:27]
AML Policy (reviewed and submitted)OperationsCriticalDue Feb 14, 2025

The AML policy must adhere to Curacao AML laws. Kindly amend.

The AML policy must adhere to Curacao AML laws. Kindly amend.

Checklist requirements satisfied. Checklist closed.
[Luca Camilleri - 19-02-2026 10:37]
For CGA: Local Director / CSPMiscellaneousCriticalDue Feb 26, 2026

For CGA: We need to check and ask them for a local director and also this needs to be shown in the company structure.

We need to check and ask them for a local director and also this needs to be shown in the company structure.

Managing DirectorMiscellaneousCriticalDue Mar 5, 2026

The license holder must be managed by at least one natural person who is either a Curaçao resident or a Curaçaoan legal entity which is managed by at least one natural person who is a Curaçao resident. The information about this person must be uploaded in the qualifying person section.

Dimche Karakabakov is not eligible to function as managing director. Please list and provide PHDF and supporting documentation for the local managing director. In addition, ensure that the company structure is updated with this information.