Gamdom Founder Disputes WhiteArmor’s Claim of Full User Database Theft
Felix Römer says Gamdom found no evidence of a full database extraction, while acknowledging that a sample of allegedly stolen accounts still requires verification.
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Kar Kheng Giam told NEXT.io he left BC.GAME in July after concluding that its internal operations did not match the transparency agenda he had been recruited to deliver.

Former BC.GAME chief executive Kar Kheng Giam has described a gap between his mandate to improve the crypto casino’s credibility and the changes he believed were achievable inside the business.
In an interview published by NEXT.io on October 26, Giam said he voluntarily departed in July, describing the assignment as approximately five months long. His appointment was publicly announced on March 25.
BC.GAME presented Giam’s recruitment as part of a push to strengthen regulatory compliance and expand in licensed markets. His responsibilities included strategy, operations and financial performance.
The appointment announcement credited him with more than three decades of international experience across technology, gaming and consumer businesses. His previous roles included international leadership at Coyote Bioscience, regional positions at Nabisco and co-founding mobile gaming businesses Topgame and Tinymobi.
Giam told NEXT.io that he initially believed the founder wanted meaningful change, but concluded that established operating practices would be difficult to transform.
He described a remote workforce with unconventional employment arrangements and overlapping teams sometimes solving the same problem without knowing about one another. He also said he had promised not to disclose the founder’s identity.
The interview also addressed bankruptcy proceedings involving companies associated with BC.GAME in Curaçao in 2024.
At the time, BC.GAME disputed the allegations underlying the player claims, challenged the court’s rulings and said it had no liquidity problems. The company subsequently announced that it had withdrawn its Curaçao licence on December 5, 2024, while maintaining that its international operations were unaffected.
Giam’s comments about the company’s attitude towards those proceedings were explicitly framed as his interpretation of events before his appointment, rather than an account of decisions he personally witnessed.
Giam said he left because he could not deliver sufficient change and was unwilling to expose his reputation to matters outside his control. He described it as the shortest assignment of his career.
Responding to NEXT.io, BC.GAME said it had enjoyed a positive working relationship with Giam, wished him well and remained focused on progressing the business.
Felix Römer says Gamdom found no evidence of a full database extraction, while acknowledging that a sample of allegedly stolen accounts still requires verification.
Flutter says regulatory changes have made Betfair Exchange commercially unsustainable in Italy, while affiliates face an October 29 deadline to remove promotional content.
DataReportal figures put monthly online gambling participation at 13.8% of Colombian internet users aged 16 and over, behind Brazil and Chile in South America.
WhiteArmor claims to have stolen records covering 15.4 million Gamdom accounts, but the alleged database and a published sample have not been independently authenticated.

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