Legal & Licensing
Scorefam may require online gaming licenses. This platform will adhere to all laws and licensing requirements.
Scorefam Global Limited, company number: 2090666, is a registered company in Skelton Bay Lot, Fish Bay, Tortola, BVI and is responsible for the tokens and technology.
Curacao will hold the initial online gaming license for the Scorefam platform. Curacao is home to approximately 450 online gaming & gambling websites.
The initial gaming license is expected in the first quarter of 2022 following the security certification of the Scorefam platform.
The Curacao license will provide access to most jurisdictions. It restricts betting in the USA, France, The Netherlands, Aruba, Bonaire, Curacao, Saba, St. Eustatius, St. Maarten and sanctioned countries. Scorefam will be available in most of Europe which is the world’s biggest market for sports betting.
Since a supreme court ruling in May 2018, many states in the US have moved to legalize sports betting. Currently, each state issues its own licenses. Scorefam will overtime attempt to obtain licenses in all US states where sports betting has been legalized. Based on market conditions, this process will be initiated in 2022.
Geo fencing and IP blockers will be in-place to prevent people betting from jurisdictions where betting is illegal or Scorefam does not hold relevant licenses.
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