The Casbit Group, previously the operator of Lalabet and JungliWin online casinos, has been declared bankrupt by the Court of Curaçao. The company’s financial troubles stem from numerous unpaid debts, including €619,500 owed to Dutch gamblers who were unable to claim their winnings. After ceasing operations in Curaçao earlier this year, the group’s casinos are now under the management of a Costa Rican company.
The bankruptcy filing, initiated in August and ruled on December 5, was supported by the Stichting Belangbehartiging Gedupeerden Online Kansspelen (SBGOK), an organization representing players with disputes against Curaçao-licensed casinos. Among the claimants is a Dutch gambler who remains unpaid for…