![bcgame original games](/media/images/bcgame-original-games.width-300.format-webp.webp)
SoftSwiss Faces Court Case: Dama NV Declared Bankrupt Amidst Lawsuits
In a recent development, a Curacao court has declared Dama NV, a subsidiary of software platform SoftSwiss, bankrupt following lawsuits from two gamblers seeking to reclaim their funds, which is €816.852 in total. This has sparked debates and discussions in the iGaming community.
SoftSwiss management has immediately addressed the ongoing legal challenges, reassuring stakeholders that the decision can be appealed from the first instance. They are confident the legal process is far from over and higher courts will overturn the situation. The company also states that no bankruptcy proceedings have been initiated against Dama.
According to the statement, these lawsuits are sponsored by an organization representing players in Austria to exert pressure on Dama NV. Despite the legal challenges, Softswiss assures that Dama remains financially stable and that the total sum of claims is insignificant relative to the company’s overall assets. As a last resort, they can simply pay money for the claims.
At the moment, SoftSwiss remains confident that they are on the right side. The company is committed to resolving the disputes through the courts, instead of succumbing to the immediate pay demands.
About SoftSwiss
SoftSwiss is an iGaming provider that offers both casino and sports betting solutions. The multi-award-winning company has over 20,000 casino games from various game developers. SoftSwiss is one of the most popular software providers in the crypto gambling industry, with its software used on many top BTC casinos.
Benefits of Betting at Crypto Casinos & Sportsbooks:
- Huge Betting Limits: Since bets are made in cryptocurrencies, betting amounts have fewer restrictions. You can place high stakes on various games and sports.
- Wide Range of Gambling Options: Crypto gambling sites offer thousands of casino games and a wide range of sports betting markets.
- Instant withdrawals: Payouts with BTC and altcoins are instant since they do not involve traditional institutions.
- Exclusive Promotions: You can enjoy interesting offers like special no-deposit deals, cashbacks, rakebacks, crypto faucets, and many other casino and sports promos.
- Boosted Odds: Occasionally, crypto sportsbooks offer special odds boost promos that allow you to make more profit.
- Privacy: Payments are made via the blockchain, so you can enjoy high-level privacy and security. Some gambling platforms also allow you to bet anonymously.