#CasinoSecrets

Investigating the Offshore Online Gambling Industry

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DPG Ventures N.V.

Gaming OperatorRegistered October 23, 2024
1
Applications
1
Domains
5
Related Entities
0
Locations

OGL/2024/2323/1191

Rejected
Submitted: November 14, 2024End Date: April 14, 2025

Customer

Contact
Ivan Panic
Email
dpgventures@szilaghi.com
Company
DPG Ventures N.V.

Review Timeline

Verification
SLShamira Leolina (User_81)
Background Check
AAAnton Axiaq (AAX)
Background Check
PWPhilippe Warzee (PW)
Background Check
AAAnton Axiaq (AAX)
Due Diligence
STSarah Tua (ST)
Due Diligence
KMKevin Mallia (KM)
Suitability
HSHilary Stewart Jones (HSJ)
Suitability
SBSimon Burden (SMB)

Compliance Checklists

Application Verification ReviewCritical11 items
Online Gaming License Application form: PAGE 1: QUESTION 4QuestionCriticalDue Jan 21, 2025

The business model in Question 4 is missing. Kindly select a business model in Question 4 and resubmit the form.

The business model in Question 4 is missing. Kindly select a business model in Question 4 and resubmit the form.

Ivan Panic: Personal History Disclosure Enclosures: Birth CertificateBirth CertificateMinorDue Dec 12, 2024

The enclosed document, Copy of Birth Certificate is not clear. Kindly submit a translated version in english.

The enclosed document, Copy of Birth Certificate is not clear. Kindly submit a translated version in english.

Ivan Panic: Personal History Disclosure Enclosure: Proof of AddressProof of AddressCriticalDue Jan 21, 2025

The enclosed proof of address document is expired. Kindly resubmit a recent proof of address document or bank statement no older than 6 months

The enclosed proof of address document is expired. Kindly resubmit a recent proof of address document or bank statement no older than 6 months

Ivan Panic: Personal History Disclosure Enclosure: Bank ReferenceMiscellaneousCriticalDue Jan 21, 2025

The enclosed document, proof of funding is not from a credit institution/ bank reference or bank statement. Kindly submit a reference or statement not older than 6 months

The enclosed document, proof of funding is not from a credit institution/ bank reference or bank statement. Kindly submit a reference or statement not older than 6 months

Online Gaming License Application form: PAGE6: QUESTION 34QuestionMinorDue Jan 21, 2025

In the Online gaming application form, contact person as the portal administrator must be a local representative, local manager or proxy holder,(with board declaration stating the rights of the proxy holder). Kindly change to the appointed contact person and resubmit the form

In the Online gaming application form, contact person as the portal administrator must be a local representative, local manager or proxy holder,(with board declaration stating the rights of the proxy holder). Kindly change to the appointed contact person and resubmit the form

Online Gaming License Application form: PAGE 7: DECLARATION AND DATA PRIVACYMiscellaneousCriticalDue Jan 21, 2025

The Online gaming application form must have the Declaration and data privacy on page 7 named and signed by the proxy holder. Kindly correct the Declaration and resubmit the Form.

The Online gaming application form must have the Declaration and data privacy on page 7 named and signed by the proxy holder. Kindly fill the Declaration and resubmit the Form.

Online Gaming License Application Form: PAGE 6: QUESTION 36QuestionMinorDue Jan 21, 2025

Kindly adapt the answer to question 36 to match the answer of question 34, that has to match the portal user (authorized representative).

Kindly adapt the answer to question 36 to match the answer of question 34, that has to match the portal user (authorized representative).

Online Gaming License Application Form: PAGE 6: QUESTION 37QuestionMinorDue Jan 21, 2025

Kindly adapt the answer to question 37 to match the answer of question 34, that has to match the portal user (authorized representative).

Kindly adapt the answer to question 37 to match the answer of question 34, that has to match the portal user (authorized representative).

Online Gaming License Application Form: PAGE 6: QUESTION 38QuestionMinorDue Jan 21, 2025

Kindly adapt the answer to question 38 to match the answer of question 34, that has to match the portal user (authorized representative).

Kindly adapt the answer to question 38 to match the answer of question 34, that has to match the portal user (authorized representative).

Online Gaming License Application Form: PAGE 6: QUESTION 35QuestionMinorDue Jan 21, 2025

Kindly adapt the answer to question 35 to match the answer of question 34, that has to match the portal user (authorized representative).

Kindly adapt the answer to question 35 to match the answer of question 34, that has to match the portal user (authorized representative).

Online Gaming License Application form: New portal administratorMiscellaneousCriticalDue Jan 21, 2025

Kindly send via egl mail (egl-applications@gcb.cw) the name and email address of the new portal admin

Kindly send via egl mail (egl-applications@gcb.cw) the name and email address of the new portal admin

Application Due Diligence ReviewCritical13 items
QPA/2024/03005 - Ivan Panic - PHDFMiscellaneousCriticalDue Feb 5, 2025

The source of wealth section is incomplete.

The source of wealth section is incomplete.Please complete this and upload again.

QPA/2024/03005 - Ivan Panic - SOWSource of WealthCriticalDue Feb 5, 2025

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

<p class="MsoNormal">SOW is not valid. Please submit a SOW along with certified supporting evidence in order to support the business.<o:p></o:p></p>

QPA/2024/03005 - Ivan Panic - Proof of addressProof of AddressCriticalDue Feb 5, 2025

Upload a more recent utility bill.

Upload a more recent utility bill.

QPA/2024/03005 - Ivan Panic - PHDFMiscellaneousCriticalDue Feb 5, 2025

The source of wealth section is incomplete.

The source of wealth section is incomplete.Please complete this and upload again.

Corporate StructureMiscellaneousCriticalDue Feb 17, 2025

The corporate structure is unsigned. Resubmit signed by director.

The corporate structure is unsigned. Resubmit signed by director.

Financial StatementsFinancial AuditCriticalDue Feb 17, 2025

The balance sheet submitted is unsigned. Resubmit signed by director. Submit also financials for years ending 2023, which must not be older than 6 months.

The balance sheet submitted is unsigned. Resubmit signed by director. Submit also financials for years ending 2023, which must not be older than 6 months.

Share Ledger CertificationShare LedgerMediumDue Feb 17, 2025

Share ledger is uncertified. Resubmit duly certified.

Share ledger is uncertified. Resubmit duly certified.

Director's RegisterDirector's ListCriticalDue Feb 17, 2025

1. No local director appointed. A local executive director, resident in Curacao, is required to be appointed and to submit their PHDF. 2. The director's register is uncertified. Upon appointing a local director, submit an updated certified extract from the Curacao Commercial Register showing the directors of the company

1. No local director appointed. A local executive director, resident in Curacao, is required to be appointed and to submit their PHDF. 2. The director's register is uncertified. Upon appointing a local director, submit an updated certified extract from the Curacao Commercial Register showing the directors of the company

Business PlanBusiness PlanCriticalDue Feb 17, 2025

The business plan, together with a detailed 3 year financial forecast is missing. Please review guidelines on business plan in order to include all the required information and submit a business plan accordingly.

The business plan, together with a detailed 3 year financial forecast is missing. Please review guidelines on business plan in order to include all the required information and submit a business plan accordingly.

Source of Funds of BusinessSource of FundsCriticalDue Feb 17, 2025

Resubmit the SOF declaration, duly certified. Submit further enhanced documentation which show how the business is funded and by whom, including evidence of the funding by the shareholder.

Resubmit the SOF declaration, duly certified. Submit further enhanced documentation which show how the business is funded and by whom, including evidence of the funding by the shareholder.

Business and Corporate Information FormMiscellaneousCriticalDue Feb 17, 2025

Question 8 needs to include the local representative in Curacao. Amend and resubmit form.

Question 8 needs to include the local representative in Curacao. Amend and resubmit form. The local representative is now required to be an executive director of the company

Compliance OfficerMiscellaneousCriticalDue Feb 17, 2025

No CO appointed. Appoint a compliance officer, fluent in AML and submit their PHDF as a key person, together with their CV and Letter of engagement. No Source of Wealth is required.

No CO appointed. Appoint a compliance officer, fluent in AML and submit their PHDF as a key person, together with their CV and Letter of engagement. No Source of Wealth is required.

Business PlanMiscellaneousCriticalDue Feb 16, 2025

Please resubmit business plan in line with the guidelines issued.

Please resubmit business plan in line with the guidelines issued.