#CasinoSecrets

Investigating the Offshore Online Gambling Industry

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Topxgo N.V.

Gaming OperatorRegistered January 25, 2024
1
Applications
2
Domains
9
Related Entities
0
Locations

OGL/2024/496/0781

Granted
Submitted: May 20, 2025End Date: May 23, 2025

Customer

Contact
Boy Hendriks
Email
topxgonv@outlook.com
Company
Topxgo N.V.

Review Timeline

Verification
JPJemy-Ree Pilgrim (GCB User 3)
Verification
JPJemy-Ree Pilgrim (GCB User 3)
Verification
AAAnton Axiaq (AAX)
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
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
DEDennis Engelhardt (CGA User DE)

Compliance Checklists

Application Verification ReviewCritical4 items
PAGE 3: QUESTION 19QuestionCriticalDue Aug 7, 2024

Answer is missing.

If Third party service provider is selected, then 19.1 must be filled.

FEDOR ZAVYALOV - PAGE 2: QUESTIONS 18QuestionMinorDue Nov 28, 2024

Answer is incorrect. The information provided must be the same as in the passport enclosure document.

Answer is incorrect. The information provided must be the same as in the passport enclosure document.

FEDOR ZAVYALOVMiscellaneousCriticalDue Aug 7, 2024

Reference: The enclosed reference document is expired.

Kindly resubmit a valid reference letter or bank statement not older than 6 months.

Boy HendriksQuestionMinorDue Aug 7, 2024

PAGE 9: The application contains a digital signature on Page 9.

However, there is no validity. Ensure that the signature is valid when clicking on the signature box.

Application Due Diligence ReviewCritical10 items
PA/2024/01115 - Fedor Zavyalov - SOWSource of WealthCriticalDue Mar 20, 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.</p><p class="MsoNormal">Please upload the source of wealth of the UBO , not SOF.</p>

QPA/2024/01115 - Fedor Zavyalov - Proof of AddressProof of AddressCriticalDue Mar 20, 2025

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

<p>The proof of address must be no more than 6 months old. Please upload an updated one.</p><p>Please upload a utility bill.</p>

Compliance officerMiscellaneousCriticalDue Mar 20, 2025

CO surpasses legal limit of role tenure. Appoint alternate CO and submit PHDF and relevant enclosures, including a letter of engagement and CV

CO surpasses legal limit of role tenure. Appoint alternate CO and submit PHDF and relevant enclosures, including a letter of engagement and CV

Local directorDirector's ListCriticalDue Mar 20, 2025

Local director to be indicated as executive. Update role on portal

Local director to be indicated as executive. Update role on portal

Share Ledger CertificationShare LedgerMediumDue Mar 20, 2025

Share ledger uncertified. Resubmit certified

Share ledger uncertified. Resubmit certified

Business PlanBusiness PlanCriticalDue Mar 20, 2025

Business plan : Submit an organisational structure, showing allocated responsibilities and controls Financial Projections: Submit details 3 year financial projections, showing a break down of wages, indicate the initial investment, the projected marketing expenses and commissions paid to any platform/content provider and any loans paid or benefits provided by such third-party provider

Business plan : Submit an organisational structure, showing allocated responsibilities and controls Financial Projections: Submit details 3 year financial projections, showing a break down of wages, indicate the initial investment, the projected marketing expenses and commissions paid to any platform/content provider and any loans paid or benefits provided by such third-party provider

Source of funds of businessSource of FundsCriticalDue Mar 20, 2025

Submit certified documentation as to how the business is funded and by whom, including certified documentation which shows funding/loans by the shareholder or third parties

Submit certified documentation as to how the business is funded and by whom, including certified documentation which shows funding/loans by the shareholder or third parties

Financial StatementsFinancial AuditCriticalDue Mar 20, 2025

Submit management accounts, or other financials in whatever form, signed by director, for year ending 2024

Submit the latest available management accounts, or other financials in whatever form, signed by director, for year ending 2024.

AML PolicyMiscellaneousCriticalDue Mar 21, 2025

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

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

Prohibited JurisdictionsProhibiited CountriesCriticalDue Mar 21, 2025

The T&Cs do not contain a prohibited jurisdictions list. Furthermore, it was observed that players residing in the Netherlands are allowed to register an account on the registered domain. Players residing in Curacao, the Netherlands (and any country in the kingdom of the Netherlands), USA, UN sanctioned countries and FATF blacklisted countries must not be allowed to register an account. Kindly amend.

The T&Cs do not contain a prohibited jurisdictions list. Furthermore, it was observed that players residing in the Netherlands are allowed to register an account on the registered domain. Players residing in Curacao, the Netherlands (and any country in the kingdom of the Netherlands), USA, UN sanctioned countries and FATF blacklisted countries must not be allowed to register an account. Kindly amend.