#CasinoSecrets

Investigating the Offshore Online Gambling Industry

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Stars Investments N.V.

Gaming OperatorRegistered January 30, 2024
1
Applications
0
Domains
7
Related Entities
0
Locations

OGL/2024/542/0424

Rejected
Submitted: January 10, 2025End Date: October 31, 2025

Customer

Contact
Jair Almeida Toussaint
Email
starsinvestments-gm-clients@decc-management.com
Company
Stars Investments N.V.

Review Timeline

Verification
SMSaura Maurera (CGA user 5)
Due Diligence
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)
Approval
CPCedric Pietersz (Managing Director GCB)

Compliance Checklists

Application Verification ReviewCritical12 items
Question 34 -Name contact personQuestionHighDue Oct 4, 2024

Question 34. The name of the contact person is not correct, it is not the same as the name on the portal. Kindly fill in the correct name as in the portal and resubmit the form.

Question 34. The name of the contact person is not correct, it is not the same as the name on the portal. Kindly fill in the correct name as in the portal and resubmit the form.

Question 36 -Passport numberQuestionHighDue Oct 4, 2024

The passport number is not correct. Kindly fill in the passport number of the contact person as in the portal and resubmit the form.

The passport number is not correct. Kindly fill in the passport number of the contact person as in the portal and resubmit the form.

Question 37 -Passport country of issueQuestionHighDue Oct 4, 2024

The passport country of issue is not correct. Kindly fill in the passport country of issue of the contact person as in the portal and resubmit the form.

The passport country of issue is not correct. Kindly fill in the passport country of issue of the contact person as in the portal and resubmit the form.

Question 38 -Address contact personQuestionMediumDue Oct 4, 2024

The address of the contact person is not correct. Kindly fill in the address of the contact person as in the portal and resubmit the form.

The address of the contact person is not correct. Kindly fill in the address of the contact person as in the portal and resubmit the form.

Question 39 -Email address contact personQuestionMediumDue Oct 4, 2024

The email address of the contact person is not correct. Kindly fill in the email address of the contact person as in the portal and resubmit the form.

The email address of the contact person is not correct. Kindly fill in the email address of the contact person as in the portal and resubmit the form.

Page 7: Missing signatureMiscellaneousCriticalDue Oct 4, 2024

The name of the contact person and the signature are not correct. Kindly fill in the name of the contact person as in the portal and the signature and resubmit the form.

The name of the contact person and the signature are not correct. Kindly fill in the name of the contact person as in the portal and the signature and resubmit the form.

Share Ledger -Lanji Valley Holdings CorpShare LedgerCriticalDue Nov 14, 2024

The share ledger of Lanji Valley Holdings Corp is not provided. Kindly submit the share ledger of Lanji Valley Holdings Corp.

The share ledger of Lanji Valley Holdings Corp is not provided. Kindly submit the share ledger of Lanji Valley Holdings Corp.

Directors List -Lanji Valley Holdings CorpDirector's ListCriticalDue Nov 14, 2024

The directors list of Lanji Valley Holdings Corp is not provided. Kindly submit the directors list of Lanji Valley Holdings Corp.

The directors list of Lanji Valley Holdings Corp is not provided. Kindly submit the directors list of Lanji Valley Holdings Corp.

Online Gaming Application Form -Page 6 Question 39: Email address not correctMiscellaneousMinorDue Jan 16, 2025

The Online Gaming Application Form has a different email address in question 39 (glenn@independent-fs.com) from that of the portal user (starsinvestments-gm-clients@decc-management.com). Kindly change the email address to match the portal user and resubmit the form.

The Online Gaming Application Form has a different email address in question 39 (glenn@independent-fs.com) from that of the portal user (starsinvestments-gm-clients@decc-management.com). Kindly change the email address to match the portal user and resubmit the form.

Online Gaming Application Form -Question 34: Name contact personQuestionMinorDue Jan 16, 2025

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

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

Online Gaming Application Form - Page 7 Declaration and Data Privacy: Name not correctMiscellaneousCriticalDue Jan 9, 2025

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

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

Stars Investments N.V. - Financial StatementFinancial AuditMinorDue Feb 7, 2025

We are missing the Financial Statement of Stars Investments N.V. Kindly submit the requested document.

We are missing the Financial Statement of Stars Investments N.V. Kindly submit the requested document.

Application Due Diligence ReviewCritical17 items
QPA/2024/02182 - Joao Franco E Fraga Gerçossimo - SOWSource of WealthCriticalDue May 15, 2025

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

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

QPA/2024/02184 - Pedro De Matos Schmidt - Proof of AddressProof of AddressCriticalDue May 15, 2025

Kindly provide a utility bill that is no older than six months as of today.

Kindly provide a utility bill that is no older than six months as of today.

QPA/2024/02184 - Pedro De Matos Schmidt - SOWSource of WealthCriticalDue May 15, 2025

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

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

QPA/2024/02187 - Pedro De Mello Rezende - SOWSource of WealthCriticalDue May 15, 2025

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

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

QPA/2024/02187 - Pedro De Mello Rezende - PassportPassportCriticalDue May 15, 2025

Please provide a colour scan of the passport as well as a photo of yourself holding the passport that shows all of the information on it.

<p class="MsoNoSpacing">Please provide a colour scan of the passport as well as a photo of yourself holding the passport that shows all of the information on it.<o:p></o:p></p>

Lanji Valley Holdings Corp - Statutory DocumentsArticles of IncorporationCriticalDue Jun 16, 2025

1. Submit a certified copy of a Good Standing Certificate 2. Submit a certified copy of the Articles of Incorporation 3. In default of (1) above - Resubmit a certified copy of the share ledger and director's register duly certified by an independent and authorised certifier

1. Submit a certified copy of a Good Standing Certificate 2. Submit a certified copy of the Articles of Incorporation 3. In default of (1) above - Resubmit a certified copy of the share ledger and director's register duly certified by an independent and authorised certifier

Compliance officerMiscellaneousCriticalDue Jun 16, 2025

The CO is required to submit their PHDF and relevant enclosures, together with a letter of engagement and CV showing fluency in AML. No SOW required

The CO is required to submit their PHDF and relevant enclosures, together with a letter of engagement and CV showing fluency in AML. No SOW required

Financial StatementsFinancial AuditCriticalDue Jun 16, 2025

Submit FS for year ending 2023, as well as signed financials in whatever form for year ending 2024

Submit FS for year ending 2023, as well as signed financials in whatever form for year ending 2024

Share Ledger CertificationShare LedgerCriticalDue Jun 16, 2025

Share ledger is uncertified. Resubmit duly certified

Share ledger of applicant company is uncertified. Resubmit duly certified

Share Ledger CertificationShare LedgerCriticalDue Jun 16, 2025

Share ledger is uncertified. Resubmit duly certified

Share ledger of applicant company is uncertified. Resubmit duly certified

Source of funds of businessSource of FundsCriticalDue Jun 16, 2025

Submit enhanced, recent and certified documentation showing how the operations of the business are funded and by whom, including documents which show funds owned by the company through cashflow or other means

Submit enhanced, recent and certified documentation showing how the operations of the business are funded and by whom, including documents which show funds owned by the company through cashflow or other means

Prohibited JurisdictionsProhibited CountriesCriticalDue Jun 27, 2025

The T&Cs must contain a general prohibited jurisdictions list. Players residing in Curacao, the Netherlands (and any country forming part of the kingdom of the Netherlands), US, UN sanctioned countries and FATF blacklisted countries must not be allowed to register an account. Kindly amend.

The T&Cs must contain a general prohibited jurisdictions list. Players residing in Curacao, the Netherlands (and any country forming part of the kingdom of the Netherlands), US, UN sanctioned countries and FATF blacklisted countries must not be allowed to register an account. Kindly amend.

Company Details & CGA Dynamic SealOperationsCriticalDue Jun 27, 2025

The registered domain must display the Curacao registered applicant entity's details and the CGA's dynamic seal on the homepage footer. Kindly amend. Please refer to the instructions on the following page for the proper display of the dynamic seal: https://portal.gamingcontrolcuracao.org/

The registered domain must display the Curacao registered applicant entity's details and the CGA's dynamic seal on the homepage footer. Kindly amend. Please refer to the instructions on the following page for the proper display of the dynamic seal: https://portal.gamingcontrolcuracao.org/

Multiple JurisdictionsOperationsCriticalDue Jun 27, 2025

It was noted that the registered domain is operated by a Brazil registered entity, duly authorised to operate in Brazil. Since the site appears to be targeted specifically for the Brazil market, does the applicant intend to offer the site to other markets or operate a separate domain under the CGA license? Kindly clarify and register all domains intended to be operated under the CGA license.

It was noted that the registered domain is operated by a Brazil registered entity, duly authorised to operate in Brazil. Since the site appears to be targeted specifically for the Brazil market, does the applicant intend to offer the site to other markets or operate a separate domain under the CGA license? Kindly clarify and register all domains intended to be operated under the CGA license.

Governing LawOperationsCriticalDue Jun 27, 2025

The T&Cs must be governed by the laws of Curacao. Kindly amend.

The T&Cs must be governed by the laws of Curacao. Kindly amend.

Site LanguageOperationsHighDue Jun 27, 2025

The registered domain and all its contents must be made available in English. Kindly amend.

The registered domain and all its contents must be made available in English. Kindly amend.

AML PolicyMiscellaneousCriticalDue Jun 27, 2025

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

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