Master License Holder
4Rabet Bd has a sub-license under the Master License 8048/JAZ from Antillephone. This factor indicates the need to follow the policies of the master organization in the policies of handling customer requests, financial management and setting up random number generators (RNG) for games. Otherwise, the company may lose the gaming license and terminate the casino and betting business.
Area of Coverage
Curacao gaming license allows 4Rabet Bangladesh to operate in over 120 countries except for some with a restriction due to the total online gambling ban, to protect local gaming operators and the treaties with Curacao. The list of countries with the prohibition includes countries like the USA, UK, United Arab Emirates, France, Germany, Italy, Cambodia and Singapore.
Nevertheless, players from such countries as Bangladesh, India, Brazil, Poland, South Africa and others can use the 4Rabet service without problems with local legislation.
Benefits of the License
Having a supervisory master-holder for the 4Rabet license is a significant advantage for the customers. The benefits come in the following ways:
- Constant control over the quality of customer service;
- Transparency of financial transactions;
- More investment in sportsbook and casino development thanks to an inexpensive license.
Comparison with Other Gaming Licenses
Many bookmakers and casinos turn to The Curaçao Gaming Control Board because of the low cost of obtaining a license and the speed of checking an organization for eligibility. Below you will find a table with a comparison to other options
| Country | Model | Advantages |
|---|---|---|
| Curacao | GGR (Gross gaming revenue) | One license for all activities; Legal all types of gambling and betting in one place; The license is recognized by regulators in most jurisdictions where betting and gambling is allowed and gives the right to operate legally in domestic markets; 2 weeks to obtain the license; Simple obtaining process |
| Gibraltar | Hybrid | Original testing software; Mixed pricing system; High anti-money laundering protection |
| Cyprus | Turnover tax | 2 license classes; 10% tax rate; Strict regulation of the customers’ legal age |
| Malta | Turnover tax | Low labor cost; 5 years of license validity; Secure environment for business |
Comparison with other options emphasizes coverage of all activities without additional costs and a simple applying procedure. Moreover, a short application review period helps launch new ventures quickly to gain new customers.
Breach of Master Holder Conditions
Suppose a client cannot agree regarding their problems related to payouts, blocking accounts and others with 4Rabet. In this case, they may contact Antillephone if there are suspicions of breaching the terms of the master license policy to let the master license holder handle the dispute.