The Sportsbet scam operates without any valid online casino license! They claim to operate under the 1668/JAZ license and indeed have a usage right contract with the 1668/JAZ license holder. But as the key terms “under its supervision and responsibilty” by Curacao eGaming are intentionally not fulfilled, this contract of course is not valid!
Despite of this, Curaçao licenses are not valid for crypto coins!
1) The content of the 1668/JAZ license issued to Curacao eGaming at no point speaks about crypto coins. In the year 1996, when the licensing contract text was formulated, crypto coins did not exist. The Government of Curacao renews the 4 licensing contracts every 5 years, but they did not add crypto coins yet.
2) The licensing conditions state that a license holder must use bank accounts in Curacao or at reputable banks abroad.
So all crypto coins the Bitcasino scam has taken from players were taken illegally without having a valid license! And if casinos or sportsbooks took crypto coins illegally, players are entitled to get all loses back for the past 5 years.
Sportsbet scam info
1) Their other famous scam project is called: Bitcasino scam
2) The Sportsbet website false and misleading claims to be authorized and regulated by the Government of Curaçao! But the Government of Curaçao do not know who sportsbet.io is! If you send requests to the Government of Curaçao about sportsbet.io they will not answer.
The 1668/JAZ license holder also does not regulate the Sportsbet scam or take responsibility for the damages victims suffered. The operator holds its bank accounts outside of Curaçao and that makes it more difficult to collect the loot.
See also: Curacao license scam 1668/JAZ, 365/JAZ, 5536/JAZ and 8048/JAZ
3) They also deliberately do not enforce the applicable AML and KYC laws and regulations. But after players won, they suddenly feel the necessity to block the account and ask for identity documents.
4) Vegascasino scam was their other but meanwhile defunct scam project. The Vegascasino website never stated an online casino license at all!
From bitcoincasino.io blog
Our aim here at Vegas Casino is the bring you the best all-round Bitcoin betting experience possible and Evolution Gaming allows us to do that. Thanks to its high-end live dealer technology and ever-increasing suite of games, Evolution is at the forefront of the iGaming movement and, by joining Vegas Casino, you’ll become a part of this revolution.
The Sportsbet scam artists meanwhile removed it, but Game Protect of course made screenshots.