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Beastone N.V.

Gaming OperatorRegistered January 12, 2024Visit Website ↗
2
Applications
2
Domains
12
Related Entities
0
Locations

OGL/2024/390/0122

Granted
Submitted: November 11, 2024End Date: December 16, 2024

Customer

Contact
Evgenios Syemaka
Email
compliance@beastone.co
Company
Beastone N.V.

Review Timeline

Verification
RTRowenne Tweed (GCB User 4)
Ended May 7, 2024
Due Diligence
PWPhilippe Warzee (PW)
Due Diligence
KMKevin Mallia (KM)
Due Diligence
PWPhilippe Warzee (PW)
Due Diligence
AAAnton Axiaq (AAX)
Due Diligence
LCLuca Camilleri (LC)
Suitability
HSHilary Stewart Jones (HSJ)
Suitability
AFAsha Fitzgerald (ASHF)
Approval
CPCedric Pietersz (Managing Director GCB)
Conditionally Issued
CPCedric Pietersz (Managing Director GCB)
Conditionally Issued
GCGerald Chocolaad (CGA User 25)
Fully Issued
GCGerald Chocolaad (CGA User 25)

Compliance Checklists

Application Verification ReviewCritical5 items
QUESTION 39QuestionMinorDue Jul 22, 2024

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.

09/16/2025: Kindly change the email address and resubmit the form or contact the GCB for changes in the contact email. 09/16/2025: The email address has been changed as requested. The form has been resubmitted accordingly. 09/16/2025: Account Manager: GC.
QUESTION 4QuestionMinorDue Jul 22, 2024

The Company Tax ID Number is missing Company Tax ID Number.

Kindly fill Question 4 and resubmit the form.

09/16/2025: The Company Tax ID Number is missing Company Tax ID Number. 09/16/2025: Kindly fill Question 4 and resubmit the form. 09/16/2025: The applicant has filled out question 4 (company tax number). 09/16/2025: Account Manager: GC.
ANDREA ENGELHARDTQuestionCriticalDue Jul 22, 2024

QUESTION 19: Personal identification Number must not be blank.

Kindly fill in the Personal identification Number and resubmit the form.

09/16/2025: Kindly fill in the personal identification Number and resubmit the form. 09/16/2025: The form has been updated accordingly by the applicant. Personal identification number has been submitted. 09/16/2025: Account Manager: GC.
Girts HeidingersQuestionMinorDue Nov 15, 2025

The response to Question 11 is missing.

Kindly complete Question 11 and resubmit the form.

09/16/2025: Kindly complete Question 11 and resubmit the form. 09/16/2025: The applicant has updated the form accordingly. Question 11 is now completed. 09/16/2025: Account Manager: GC.
Girts Heidingers - Certified True Copy of Birth CertificateBirth CertificateMinorDue Nov 15, 2025

The enclosed document, Certified True Copy of Birth Certificate is missing. Kindly resubmit.

Kindly submit the Certified True Copy of Birth Certificate.

09/16/2025: Kindly submit the Certified True Copy of Birth Certificate. 09/16/2025: Certified True Copy of Birth Certificate for GH has been uploaded. 09/16/2025: Account Manager: GC.
Application Due Diligence ReviewCritical7 items
Financial StatementsFinancial AuditCriticalDue Nov 15, 2025

Submit FS of the application company for years ending 2022 and 2023.

Submit FS of the application company for years ending 2022 and 2023.

09/16/2025: Applicant`s reply: "Uploaded the MA for 2023". 09/16/2025: According to the applicant Beastone N.V. was established in 2022. Applicant has uploaded MA for 2023 and 2024 for review. Annual report for 2024 is also included in the uploaded documents for review. 09/16/2025: Account Manager: GC. 1/12 FS uploaded. Due to losses company must be monitored to ensure it may cover liabilities.
Source of funds of businessSource of FundsCriticalDue Nov 15, 2025

Submit documentation as to how the business is funded and by whom, including any declarations, documents showing funding/loans by the shareholder or third parties, as well as documents, if any, showing funds owned by the company through cashflow or other means (All documents must be certified).

Submit documentation as to how the business is funded and by whom, including any declarations, documents showing funding/loans by the shareholder or third parties, as well as documents, if any, showing funds owned by the company through cashflow or other means (All documents must be certified).

09/17/2025: Applicant`s reply: "Please see attached the statement of account for the company. The company has sufficient funds from its operation to fund further operation" 09/17/2025: Applicant refers to statement of account for the company. Please review document. 09/17/2025: Account Manager: GC. 12/1/2025 SOW license condition closed by ST
QPA/2024/02081 - Evgenios Syemaka - SOWSource of WealthCriticalDue Nov 15, 2025

Please submit a SOW along with certified supporting evidence in order to support the business.

<p>Please submit a SOW along with certified supporting evidence in order to support the business.</p><p><br></p><p>Please upload certified bank statements </p>

11/12/2025: Applicant's reply: Please note that the business is sufficiently sustainable and does not require further financial support or external financing at this stage. Kindly refer to the business plan and Company's accounts that were previously provided for the Company. Still please see attached the UBO's recent bank statement as requested.
QPA/2024/02081 - Evgenios Syemaka - SOWSource of WealthCriticalDue Nov 11, 2024

Please submit a SOW along with certified supporting evidence in order to support the business.

Please submit a SOW along with certified supporting evidence in order to support the business.

Player RegistrationPlayer RegistrationCriticalDue Nov 15, 2025

The registration form does not require the user's name, address, country or DOB. This information must be collected by the operator.

The registration form does not require the user's name, address, country or DOB. This information must be collected by the operator.

09/17/2025: The registration form does not require the user's name, address, country or DOB. This information must be collected by the operator. 09/16/2025: Applicant`s reply: "Please note that this information is collected in any case, however depending on a product, this information either may be requested immediately upon the registration or further requested at the verification stage, before the account is fully activated". 09/17/2025: Account Manager: GC. accepted. RCL 12/1/2025
QPA/2024/02081 - Evgenios Syemaka - Proof of addressProof of AddressCriticalDue Nov 15, 2025

Kindly note that the proof of address is not valid. We would require an actual utility bill that clearly displays the address.

Kindly note that the proof of address is not valid. We would require an actual utility bill that clearly displays the address.

11/12/2025: Applicant's reply: the Utility bill was uploaded
QPA/2024/03037 - Ivan Podpalov - Proof of AddressProof of AddressCriticalDue Dec 19, 2025

Kindly note that the proof of address is not valid. We would require an actual utility bill that clearly displays the address.

Kindly note that the proof of address is not valid. We would require an actual utility bill that clearly displays the address.