500 Casino

What we know about 500 Casino

According to our research, the contracting party of 500 Casino is Perfect Storm B.V., based in Curacao. The platform holds a licence from Curacao (no. OGL/2024/1354/0882).

Legal classification

Online casino offers directed at Austrian players require a licence in Austria. Without this licence under the Gambling Act, the underlying contract is void. According to the settled line of the Austrian Supreme Court (OGH), losses can be reclaimed retroactively for up to thirty years.

The crypto division of 500 Casino falls under the same legal framework, stakes from wallet transactions are reconstructed.

Online poker, too, is subject to the Austrian gambling monopoly according to the OGH line and therefore requires a licence. Providers without an Austrian licence breach the Gambling Act, contracts are void, stakes are reclaimable.

Sports betting, unlike online casinos, is generally legal in Austria. A reclaim may be considered through partial legal incapacity under Section 865 Austrian Civil Code. The pathological gambling addiction during the loss period is established by expert opinion in the proceedings, and we organise the specialist medical report together after instruction. A claim is generally economically viable from around 50,000 euros of losses per provider.

The litigation route applies regardless of where the betting provider is based. Even Austrian-licensed online betting providers can be sued, as long as the betting relationship arose online. Betting cafés with cash on site are a different constellation.

How we proceed

The assessment of your case is free of charge. In the event of success, R. M. Prozessfinanzierung GmbH retains from 35 percent of the amount won, the remaining amount goes to the enquiring person. Cooperating lawyers handle the legal representation. We bear the litigation costs.