#CasinoSecrets

Investigating the Offshore Online Gambling Industry

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Balkan International BV

Gaming OperatorRegistered October 31, 2024
1
Applications
0
Domains
12
Related Entities
0
Locations

OGL/2024/2354/1208

Granted
Submitted: January 16, 2025End Date: August 1, 2025

Customer

Contact
Denitza Dimitrova
Email
compliance0237@gmail.com
Company
Balkan International BV

Review Timeline

Verification
KDKimberly De Freitas (KdF)
Background Check
AAAnton Axiaq (AAX)
Background Check
PWPhilippe Warzee (PW)
Background Check
AAAnton Axiaq (AAX)
Due Diligence
AAAnton Axiaq (AAX)
Due Diligence
STSarah Tua (ST)
Due Diligence
MGMario Galea (mgalea)
Due Diligence
STSarah Tua (ST)
Due Diligence
LCLuca Camilleri (LC)
Suitability
HSHilary Stewart Jones (HSJ)
Approval
CPCedric Pietersz (Managing Director GCB)
Conditionally Issued
CPCedric Pietersz (Managing Director GCB)
Conditionally Issued
DEDennis Engelhardt (CGA User DE)
Conditionally Issued
DIDenneth Isidora (DEI)

Compliance Checklists

Application Verification ReviewCritical19 items
Online Gaming License Application form - PAGE 3: QUESTION 19QuestionMinorDue Jan 16, 2025

The response to Question 19.1 is missing. Kindly fill Question 19.1 and resubmit the form.

The response to Question 19.1 is missing. Kindly fill Question 19.1 and resubmit the form.

Online Gaming License Application form - PAGE 6: QUESTION 34-39QuestionMinorDue Dec 18, 2024

The Portal Administrator is incorrect. Please send a request to egl-applications@gcb.cw to update the Portal Administrator to either MR./Mrs. de Mei as local managing director. Additionally kindly update questions 34-39 to match the information of the new portal administrator.

The Portal Administrator is incorrect. Please send a request to egl-applications@gcb.cw to update the Portal Administrator to either MR./Mrs. de Mei as local managing director. Additionally kindly update questions 34-39 to match the information of the new portal administrator.

Online Gaming Application form - PAGE 7: DECLARATION AND DATA PRIVACYQuestionMinorDue Jan 16, 2025

Name and signature of correct Portal Administrator is missing. Kindly resubmit.

Name and signature of correct Portal Administrator is missing. Kindly resubmit.

Business and Corporate Information Form Enclosures - Directors listDirector's ListMinorDue Jan 16, 2025

Kindly submit Directors list of Capitol Trust Corporation N.V. (excerpt of Chamber of Commerce).

Kindly submit Directors list of Capitol Trust Corporation N.V. (excerpt of Chamber of Commerce).

Personal History Disclosure Form of Pavel Zdravkov - PAGE 1: APPLICATION NUMBER.QuestionCriticalDue Dec 25, 2024

The application number is not completely visible, kindly correct and resubmit.

The application number is not completely visible, kindly correct and resubmit.

Enclosures of Pavel ZdravkovMiscellaneousCriticalDue Dec 18, 2024

The provided bank reference is incorrect. The information does not match the Passport no. and date of issue. Kindly submit a new bank reference.

The provided bank reference is incorrect. The information does not match the Passport no. and date of issue. Kindly submit a new bank reference.

Personal History Disclosure Form of Roland De Mei - PAGE 5: QUESTION 25QuestionCriticalDue Jan 16, 2025

The Involvements with the Applicant company must not be blank. Kindly, answer question 25 and resubmit.

The Involvements with the Applicant company must not be blank. Kindly, answer question 25 and resubmit.

Personal History Disclosure Form of Maria A. De Mei-Van CampenQuestionCriticalDue Dec 18, 2024

The Involvements with the Applicant company must not be blank. Kindly, answer question 25 and resubmit.

The Involvements with the Applicant company must not be blank. Kindly, answer question 25 and resubmit.

Personal History Disclosure Form of Denitza Dimitrova - PAGE 1: APPLICATION NUMBERQuestionCriticalDue Dec 25, 2024

Application number is not completely visible. Kindly correct and resubmit.

Application number is not completely visible. Kindly correct and resubmit.

Personal History Disclosure Form of Denitza Dimitrova - PAGE 1: APPLICATION NUMBERQuestionMinorDue Jan 16, 2025

The personal application number is incorrect. Kindly resubmit the forms with the correct application number.

The personal application number isĀ  incorrect. Kindly resubmit the forms with the correct application number.

Personal History Disclosure Form of Denitza Dimitrova - Page 1: Question 6QuestionMinorDue Jan 16, 2025

The Date of birth is incorrect, not matching the passport. Kindly resubmit the forms with the correct Date of birth.

The Date of birth is incorrect, not matching the passport. Kindly resubmit the forms with the correct Date of birth.

Personal History Disclosure Form of Denitza Dimitrova - PAGE 5: QUESTION 25QuestionCriticalDue Jan 16, 2025

The Involvements with the Applicant company must not be blank. Kindly, answer question 25 and resubmit.

<p>The Involvements with the Applicant company must not be blank. Kindly, answer question 25 and resubmit.</p>

Enclosures of Denitza DimitrovaMiscellaneousCriticalDue Jan 16, 2025

All Personal History Disclosures of Denitza Dimitrova are missing. Kindly upload.

All Personal History Disclosures of Denitza Dimitrova are missing. Kindly upload.

Online Gaming License Application form- PAGE 6: QUESTION 35QuestionMinorDue Jan 16, 2025

Question 35 is incorrect. Kindly select at least one item from Question 35 and resubmit the form.

Question 35 is incorrect. Kindly select at least one item from Question 35 and resubmit the form.

Online Gaming License Application form- PAGE 6: QUESTION 36QuestionMinorDue Jan 16, 2025

The passport number of the contact person is incorrect. Kindly fill the passport number of the correct portal administrator in Question 36 and resubmit the form.

The passport number of the contact person is incorrect. Kindly fill the passport number of the correct portal administrator in Question 36 and resubmit the form.

Online Gaming License Application form - PAGE 6: QUESTION 37QuestionMinorDue Jan 16, 2025

Question 37 is incorrect. Kindly fill Question 37 and resubmit the form.

Question 37 is incorrect. Kindly fill Question 37 and resubmit the form.

Online Gaming License Application form - PAGE 6: QUESTION 38QuestionMinorDue Jan 16, 2025

The Online gaming application form has an incorrect contact address in Question 38. Kindly fill the contact address of the correct portal administrator. Kindly complete Question 38 and resubmit the form.

The Online gaming application form has an incorrect contact address in Question 38. Kindly fill the contact address of the correct portal administrator. Kindly complete Question 38 and resubmit the form.

Online Gaming License Application form - PAGE 6: QUESTION 39QuestionMinorDue Jan 16, 2025

The form has a different contact person email address in Question 39 from that of the portal administrator. Kindly change the email address and resubmit the form or contact the GCB for changes in the contact email.

The form has a different contact person email address in Question 39 from that of the portal administrator. Kindly change the email address and resubmit the form or contact the GCB for changes in the contact email.

Online Gaming Application Form - PAGE 1: QUESTION 4QuestionCriticalDue Jan 27, 2025

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

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

Application Due Diligence ReviewCritical11 items
QPA/2024/03112 - Denitza Dimitrova - PHDFMiscellaneousCriticalDue Feb 14, 2025

The PHDF must be filled out, signed and verified digitally. Please resubmit.

The PHDF must be filled out, signed and verified digitally. Please resubmit.

QPA/2024/03112 - Denitza Dimitrova - Birth CertificateBirth CertificateCriticalDue Feb 14, 2025

No Birth certificate uploaded.

No Birth certificate uploaded.

QPA/2024/03112 - Denitza Dimitrova - Proof of addressProof of AddressCriticalDue Feb 14, 2025

The proof of address must be no more than 6 months old. Please upload an updated one.

The proof of address must be no more than 6 months old. Please upload an updated one.

QPA/2024/03038 - Pavel Zdravkov - Criminal RecordCriminal RecordCriticalDue Feb 14, 2025

Please submit a criminal record that is not more than six months old.

Please submit a criminal record that is not more than six months old.

QPA/2024/03038 - Pavel Zdravkov - Reference LetterMiscellaneousCriticalDue Feb 14, 2025

The reference letter is not valid. Please submit a reference letter from a financial institution dated within the last six months confirming that the person is a valid customer.

<p class="MsoNormal">Please submit a reference letter from a financial institution dated within the last six months confirming that the person is a valid customer.<o:p></o:p></p>

QPA/2024/03038 - Pavel Zdravkov - SOWSource of WealthCriticalDue Feb 14, 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>

Source of funds of businessSource of FundsCriticalDue Mar 3, 2025

Submit documentation as to how the business is funded and by whom, including documents which show loans by share holders or third parties. Documents must be duly certified.

Submit documentation as to how the business is funded and by whom, including documents which show loans by share holders or third parties. Documents must be duly certified.

Share LedgerDirector's ListMediumDue Mar 3, 2025

Certificate of Incumbency submitted is outdated. Resubmit update CoI not older than 6 months

Certificate of Incumbency submitted is outdated. Resubmit update CoI not older than 6 months

Business PlanBusiness PlanCriticalDue Mar 3, 2025

- List the jurisdictions - Submit information on payment gateways - Resubmit enhanced financial projections, showing a 3 year break down of investment, the projected marketing expenses and commissions paid to any platform/content provider, wages and any loans paid or benefits provided by such third-party provider

- List the jurisdictions - Submit information on payment gateways - Resubmit enhanced financial projections, showing a 3 year break down of investment, the projected marketing expenses and commissions paid to any platform/content provider, wages and any loans paid or benefits provided by such third-party provider

Director's RegisterDirector's ListCriticalDue Mar 3, 2025

Roland De Mei and Maria Angela D.M.v.C have indicated their roles as non -executive directors. Identify in which entity they hold this role. Note that at least one local executive director is required. Amend the Director/s' appointment and/or appoint a local executive director

Roland De Mei and Maria Angela D.M.v.C have indicated their roles as non -executive directors. Identify in which entity they hold this role. Note that at least one local executive director is required. Amend the Director/s' appointment and/or appoint a local executive director

Compliance officerMiscellaneousCriticalDue Mar 3, 2025

Compliance officer Denitza Dimitrova to submit letter of engagement and CV evidencing fluency in AML

Compliance officer Denitza Dimitrova to submit letter of engagement and CV evidencing fluency in AML