1. INTRODUCTION
Roobet.com is operated by Raw Entertainment B.V. (referred to as “Roobet,” “Company,” “We,” or “Us”), a legally registered company under the number 157205, with its headquarters at Korporaalweg 10, Curaçao. Roobet operates the website www.roobet.world under license number 8048/JAZ2021-031, issued by the Government of Curaçao.
As a global leader in the gambling industry, Roobet strongly condemns, prohibits, and dissociates itself from any illegal activities, including money laundering and terrorist financing.
To uphold these standards, Roobet has implemented strict internal procedures and measures to prevent and detect unlawful activities on its platform. These procedures comply with Curaçao’s regulations on Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) and adhere to industry best practices.
2. WHAT IS MONEY LAUNDERING AND TERRORISM FINANCING?
Money Laundering – The process of concealing illegally obtained funds by passing them through the financial system. This occurs in three stages:
a) Placement – Criminal proceeds are introduced into the formal financial sector.
b) Layering – The money moves through complex transactions to obscure its origin and complicate tracking.
c) Integration – Illicit funds are reintroduced into the economy through seemingly legal transactions, making them appear legitimate.
Terrorism Financing – The collection or receipt of funds with the knowledge or intent that they will be used to fund or carry out terrorist activities.
3. HOW DO WE FIGHT IT?
Roobet has established a range of internal policies and procedures to detect and prevent illicit activities like money laundering and terrorist financing. These measures include:
a) Internal Policies & Procedures
b) Know Your Customer (KYC)
c) Transaction Monitoring
d) Governance & Training
e) Reporting
4. KNOW YOUR CUSTOMER
Roobet conducts thorough due diligence when players register and throughout their engagement on the platform. These procedures take place at various stages depending on the player’s activity. As part of the KYC process, Roobet will:
a) Verify the player’s identity, including name, date of birth, and address.
b) Conduct Politically Exposed Person (PEP) and sanctions screenings.
c) Assess the player’s source of funds when necessary.
5. TRANSACTION MONITORING
To combat money laundering and terrorist financing, Roobet has implemented a sophisticated transaction monitoring system that combines internal and external tools to identify and report suspicious activity. This system analyzes player behavior to assess risks and enhance security controls.
6. GOVERNANCE & TRAINING
Roobet has appointed a Money Laundering Reporting Officer (MLRO) responsible for overseeing AML compliance, implementing policies, and strengthening internal controls. The MLRO also collaborates with key stakeholders to update policies, review regulatory changes, and investigate suspicious transactions.
Additionally, Roobet prioritizes AML awareness by providing mandatory annual training for all employees, regardless of their position.
7. REPORTING & COLLABORATION
As a licensed online casino in Curaçao, Roobet has established protocols to detect and report suspicious transactions to the Curaçao Financial Intelligence Unit (FIU). Roobet also cooperates with government authorities conducting investigations related to illegal activities.
8. CONTACT INFORMATION
For inquiries regarding this policy or to report suspicious activity, please contact our support team at support@roobet.world.