Terms and Conditions of Use of Novawave Technology N.V.
Last Updated Date: December 10, 2025
1. ACCEPTANCE
1.1. The provisions contained in these âGeneral Terms and Conditions of Novawave Technology N.V. Servicesâ ("Terms") govern the services provided by Novawave Technology N.V., a company incorporated under the laws of Curaçao with company number 162293, with its registered office at Schottegatweg Oost 10 Unit 1-9 Bon Bini Business Center, Curaçao, to Internet users (Users) and their use by Users, through the online platform operated by Novawave Technology N.V., including, but not limited to state77.com.
1.2. The User may only use the services provided by Novawave Technology N.V. after expressly agreeing to these Terms.
1.3. The sections set out below are complementary to these Terms and may contain relevant information about the use and operation of the Services in addition to those provided in these Terms. Therefore, the User undertakes to become aware of their full content.
2. SERVICES
2.1. The Services offered through the platform consist of:
a. Supplying, marketing, promoting, managing, supporting and operating all types of remote gaming activities, comprising all types of games, betting and other interactive games.
b. Acting as an online software gaming provider in the widest sense of the word, for clients established or residing outside of Curaçao.
2.2. Novawave Technology N.V. holds a valid Certificate of Operation from the Curaçao Gaming Control Board. Novawave Technology N.V. has an application (OGL/2024/547/0446) for a gaming license in progress with the Curaçao Gaming Authority. Until that process is concluded, based on a transitional arrangement outlined in the National Ordinance on Games of Chance (Landsverordening op de Kansspelen, P.B. 2024, no. 157), the company is permitted to continue its operations under this Certificate of Operation.
2.3. Any questions about the Services offered can be resolved through the platform itself or through the Customer Service Center (via telephone contact, email or chat), whose details will be made available on the platform.
3. CONDITION FOR PARTICIPATION
3.1. To use the Services, the User must be a natural person, over 18 years of age, and legally capable. Prior registration on the platform will be necessary, simply by following the instructions contained in the "How to Participate" section or equivalent.
3.2. The User guarantees and is responsible for the veracity, accuracy, validity and authenticity of the data contained in the registration filled out by them, committing to keep it duly updated.
3.2.1. Novawave Technology N.V. assumes no obligation to police or supervise the information provided by the User, but may, at its sole discretion, exclude information that appears to be untrue or offensive.
4. PLATFORM ACCESS PASSWORDS
4.1. The password used by the User is personal and non-transferable, and it is the User's responsibility not to pass it on to third parties, for their own security.
4.2. It is forbidden to pass on the access password to third parties.
4.3. The access password must meet the security requirements informed at the time of registration (e.g., minimum of 08 (eight) digits; 1 (one) uppercase letter; 1 (one) lowercase letter; and at least 1 (one) number).
4.4. Novawave Technology N.V. will not have access to the User's personal password, as their personal password is encrypted. No employee or representative of Novawave Technology N.V. is authorized to request, for any reason whatsoever, the User's password.
4.5. The password may be changed by the User at any time, through the Digital Platform.
4.6. The User undertakes to immediately inform Novawave Technology N.V. of the loss, theft or misplacement of the password, so that the appropriate measures can then be taken. Until Novawave Technology N.V. is informed of such occurrence, the User will be responsible for any act/omission resulting from the use of their password.
4.7. The User undertakes not to authorize, and to take all measures within their reach to prevent their registration from being accessed and/or used by any third parties, paying special attention to access and/or use via mobile application, being responsible for any assignment of their private password.
5. GAME AND BETTING MODALITIES
5.1. Novawave Technology N.V. will make various game and betting modalities available on its Digital Platform, in accordance with applicable licenses and regulations. The specific rules for each game and bet will be detailed on the platform itself.
5.1.1. It is the responsibility of Novawave Technology N.V. to include, change and even exclude services and/or products from the Digital Platform, regardless of prior notice, and the User has no right to indemnification and/or reimbursement for the changes made.
5.1.2. Bets and participation in games may be placed on the Novawave Technology N.V. Digital Platform within the deadlines and conditions established for each specific game or event, as informed on the platform.
5.2. In case of impossibility of processing bets or games in a timely manner for the event chosen by the USER, due to unforeseeable circumstances or force majeure, such as technical and/or operational problems, adverse weather conditions, exclusive fault of a third party, among others, Novawave Technology N.V. is exempt from any liability, automatically canceling the bets placed with a full refund of the amount paid.
5.3. Novawave Technology N.V. will be responsible for the registration and processing of bets placed on its platform.
5.4. In extraordinary situations, if a game or betting modality is discontinued, Novawave Technology N.V. undertakes to return the amount wagered to the User's account in the form of platform credit or bank deposit, according to internal policies.
5.5. Under no other circumstances will amounts already disbursed, whether as payment for Services, be returned to Users, except for extraordinary reasons duly justified, considering the deadlines stipulated in Chapter 6 below.
6. CANCELLATION AND WITHDRAWAL
6.1. Once bets are confirmed on the Novawave Technology N.V. Digital Platform, no refund or cancellation of any betting modality will be allowed, except in the situations mentioned in item 6.2 of these Terms of Use or in the specific rules of each game.
6.2. The refund and/or cancellation of bets will only be allowed in the following ways: (i) within the withdrawal period established for each game/bet, if applicable and explicitly informed on the platform; (ii) in cases of proven technical failure of the platform that prevents the bet from being placed; or (iii) as determined by Novawave Technology N.V.'s fair gaming policies.
6.3. Refunds or withdrawals of bets will not be allowed after the start of the event or draw to which the bet refers.
6.4. If any suspicious actions constituting fraud (inconsistencies or irregularities in the purchase/bet) are detected, Novawave Technology N.V. reserves the right to cancel the order immediately.
6.5. Refunds and/or cancellations allowed under item 6.2 above must be requested through Novawave Technology N.V.'s customer service channels, whose details will be made available on the platform.
7. REMUNERATION FOR SERVICES
7.1. For the provision of services offered to Users, Novawave Technology N.V. will receive a fixed remuneration consisting of the difference between the total amount paid by the User and the operational costs and/or commissions retained by Novawave Technology N.V. for the execution of the respective bet or game participation.
7.1.1. The remuneration does not include any expenses with bank transfers, taxes or others possibly due as a result of the withdrawal and/or payment of prizes to winning Users.
7.2. In case of a prize, Novawave Technology N.V. may retain a commission on the prize, as detailed in the specific rules of each game or bet.
7.3. Novawave Technology N.V. may charge access fees or participation fees for certain games, with all informative content (tips, information, statistics, etc.) being accessed free of charge, unless otherwise stated.
8. PAYMENT OF BETS
8.1. Payments for bets are processed by specialized payment methods, which facilitate communication between credit/debit card issuers and the Novawave Technology N.V. Platform, or by other payment methods made available.
8.2. All transactions are submitted to risk assessment by the specialized service provider, without any direct participation or influence from Novawave Technology N.V. in the credit approval process, reserving the final acceptance of the transaction.
8.3. Payment for the services available on the Platform may be made through the payment methods offered on the platform (e.g., PIX, credit card, e-wallets), within the deadlines and conditions specified for each game or bet.
8.3.1. Installment payments for purchases on the platform are not permitted; only single payments are accepted, unless expressly indicated otherwise for specific promotions.
8.4. After payment confirmation, Novawave Technology N.V. will register the games selected by the User.
8.4.1. The registration of the game will be informed to the user via email and/or notification on the platform, confirming that the game has been duly registered.
8.4.2. The payment receipt is not proof of game registration, as informed in item 8.4.1. above.
8.4.3. The User can also track the process of their game by accessing "My Account" > "My Orders" or equivalent and checking if the selected game appears as âconfirmedâ.
9. PRIZES AND PRIZE REDEMPTION ON THE PLATFORM
9.1. In case of a prize, Novawave Technology N.V. will notify the winning User via the email and/or telephone number provided in their registration. The User may request the respective credit to their platform account or to their bank account, subject to the provisions below.
9.1.1. Novawave Technology N.V. will have a period of up to 5 (five) business days, counted from the User's request for credit, to carry out the bank transfer of the prize to the User, and this period may be extended in cases of large payment volumes or additional security verifications.
9.2. The bank account used for receiving amounts must necessarily be held by the User who placed the winning bet, as per the registration made on the Portal. No amount will be delivered to the User in cash, nor will it be deposited into bank accounts held by third parties.
9.3. Prizes will be paid by Novawave Technology N.V. directly to the User, according to the specific rules of each game and the platform's payment policies.
9.4. Novawave Technology N.V. will define limits for prize redemption directly on the platform and for redemptions that require contact with support, with these limits being informed on the platform and subject to change at Novawave Technology N.V.'s discretion and without prior notice.
9.5. For high-value prizes, Novawave Technology N.V. may require additional identity verification procedures and/or request the User to appear in person at a designated location for prize collection, or to formally authorize the prize withdrawal for subsequent credit to their bank account. The deadlines for bank account credit may vary from 5 (five) to 10 (ten) business days, or more, depending on the analysis and security procedures.
9.6. For prize receipt purposes, the total prize amount of the winner will be considered.
9.7. Prizes can only be redeemed in their entirety and cannot be partially redeemed, unless otherwise specified in the rules of specific games.
9.8. Amounts resulting from prizes may be credited to the User's account on the Novawave Technology N.V. Platform for use in new purchases or games, if this option is made available. Otherwise, this amount is exclusively for redemption.
9.9. Bank transfers made by Novawave Technology N.V. to Users, resulting from prize amounts, will be subject to bank fees already established by the competent regulatory agency.
10. ACCESS TO SERVICES
10.1. Novawave Technology N.V. may, at its sole discretion, at any time, and without the need for prior communication to the User:
10.1.1. Terminate, modify or suspend, totally or partially, the User's access to the Application, or even to the platform, when said access or registration is in violation of the conditions established in these Terms.
10.1.2. Exclude, totally or partially, the information registered by the User that is not in accordance with the provisions of these Terms.
10.2. At any time, provided that authorized by the User, Novawave Technology N.V. may send the User email messages or other informative, commercial and/or promotional correspondence, unless the User expressly does not consent to the use of their data for sending mailings. If the client no longer wishes to receive emails, they can deactivate them by following the procedure indicated on the platform.
10.3. Communication automatically sent in response to a specific User action, such as a purchase confirmation or order status update, cannot be unsubscribed, as it contains essential information related to the transaction performed.
11. LIMITATIONS OF USE
11.1. The User may not:
a) Use the Novawave Technology N.V. Platform to disclose information in any way that may imply a violation of applicable regulations, rights of Novawave Technology N.V. and/or any third parties, nor may they produce or disseminate illegal, immoral, inappropriate or offensive content;
b) Copy, assign, sublicense, sell, lease or pledge, reproduce, donate, alienate in any way, transfer totally or partially, under any modalities, gratuitously or onerously, temporarily or permanently, the Novawave Technology N.V. Platform, as well as its modules, parts, manuals or any information related thereto;
c) Employ software, techniques and/or artifices with the intent to unduly use the Novawave Technology N.V. Platform for practices harmful to Novawave Technology N.V. or third parties;
d) Reproduce, adapt, modify and/or employ, in whole or in part, for any purpose, the Novawave Technology N.V. Platform or any content of the platform without the express authorization of Novawave Technology N.V.;
e) Publish or transmit any file that contains viruses, worms, Trojan horses or any other contaminating or destructive program, or that may otherwise interfere with the proper functioning of the Novawave Technology N.V. Platform;
f) Perform reverse engineering.
12. LIMITATION OF LIABILITY AND INDEMNIFICATION
12.1. Novawave Technology N.V. will not be liable, under any circumstances, not even jointly or subsidiarily:
a) For any losses suffered by the User due to decisions made based on the information provided on the platform or Application;
b) For any losses suffered by the User due to failures in the computer system, telephony or servers that are independent of Novawave Technology N.V.'s fault, or in its connectivity to the internet in general, and the User must maintain, at their own expense, a telecommunication line, modem, communication software, email address and other resources necessary for communication with Novawave Technology N.V.;
c) For any losses suffered due to fraud committed by third parties, and the User must maintain, at their own expense, software and measures for protection and prevention against viruses, Worms, etc.;
d) For situations of unforeseeable circumstances or force majeure.
12.2. Novawave Technology N.V. DOES NOT guarantee that the functions contained in the Platform meet all User needs, that the operation of the Platform will be uninterrupted or error-free, that any functionality will continue to be available, that defects in the Platform will be corrected or that the Platform will be compatible or work with any Application, third-party applications or services.
12.3. The User agrees to defend, indemnify and hold harmless Novawave Technology N.V. and its affiliates, directors, employees and agents, from and against any charges, actions or demands, including, but not limited to reasonable attorneys' fees, resulting from: (i) their eventual improper use of the platform and the Application, or (ii) their violation of the conditions now agreed upon.
12.4. In no event will Novawave Technology N.V. be liable for personal damages or any incidental, special, indirect or consequential damages, lost profits, including, without limitation, damages for loss of profit, corruption or loss of data, failure to transmit or receive data, loss of chance, business interruption or any other commercial loss or damage, arising out of or related to their use or inability to use the Application, for any other reason.
12.5. In the event that Novawave Technology N.V. is compelled, by a final judicial decision, to indemnify or reimburse the User for damages suffered, despite the provisions of item 12.2 above, the amount owed to the User will be limited to 20% (twenty percent) of the total amounts actually paid by the User to Novawave Technology N.V. in the 12 (twelve) months prior to the harmful event.
13. TERMS OF USE OF OTHER PARTNERS AND THIRD PARTIES
13.1. The Novawave Technology N.V. Platform or Application may contain links to partner companies, and these have their own terms and conditions.
13.2. Novawave Technology N.V. is not responsible for the terms and conditions of use of any other website that is related to Novawave Technology N.V., whether through links or other forms of dissemination and access.
14. VALIDITY
14.1. These Terms will be effective for an indefinite period, from the Userâs acceptance, and may be modified or terminated unilaterally by Novawave Technology N.V. at any time, without any burden, upon simple communication through the Portal itself or by message to the email indicated in the Userâs personal registration.
15. INACTIVE ACCOUNTS AND FEE CHARGES
15.1. If the User keeps their account unused for more than 180 (one hundred and eighty) days, Novawave Technology N.V. may charge a monthly fee applicable to account maintenance.
15.1.1. For the purpose of charging the monthly fee in clause 15.1 above, an unused account is considered to be an account where there has been no movement of balance or participation in games for more than 180 (one hundred and eighty) days.
15.2. Said fee provided for in clause 15.1 above will be charged by debiting the balance credited to the User's account, whether it is credit received through prizes or credit purchased by the User for use on the Platform.
15.2.1. The debit of the fee provided for in this chapter will be made monthly up to the limit of the balance contained in the User's account.
15.2.2. If there is no balance remaining in the User's account, Novawave Technology N.V. may render the User's account inactive until new purchases or movements are made on the Novawave Technology N.V. Platform.
16. PREVENTION OF MONEY LAUNDERING AND PROHIBITED EVENTS
16.1. Transaction Monitoring:
16.1.1. Novawave Technology N.V. is committed to maintaining a fair and ethical online environment. Recognizing the importance of integrity in our services, we have implemented rigorous measures to monitor transactions and prevent money laundering. If, in our reasonable discretion, we determine that a user has been involved in any Prohibited Event, we reserve the right to:
a) Annul any transaction associated with the Prohibited Event.
b) Retain all or part of the balance in any account or registration with Novawave Technology N.V. used by the user.
16.1.2. Novawave Technology N.V. will carry out additional verification procedures for any transaction or transactions and reserves the right to carry out these verification procedures even in the case of lower payments. All transactions will be verified to prevent money laundering.
16.2. Defined Prohibited Events:
For the purposes of this section, Prohibited Events are considered to be:
16.2.1. If at any time the user provides incorrect or misleading registration details for their Account;
16.2.2. If at any time the user fails to meet or comply with any of the verification requirements and/or any verification or request for information reasonably necessary to meet our legal, regulatory or internal requirements;
16.2.3. If the user deliberately or fraudulently holds one or more duplicate accounts;
16.2.4. If it is discovered or there are reasons to believe that the security of the user's account has been compromised, for example, because the user failed to maintain the confidentiality and security of their Login credentials;
16.2.5. If it is discovered or there are reasons to believe that the user has violated the security of another user's account;
16.2.6. If a fraudulent chargeback and/or return notification is received through a payment method used in the user's account;
16.2.7. If it is discovered or there are reasons to believe that the user has abused or taken advantage of any error, malfunction or interruption;
16.3. User Obligations:
Immediately inform Novawave Technology N.V. of any suspicion or knowledge of a Prohibited Event committed by any user.
Cooperate reasonably in investigations, providing the requested information.
16.4. Restriction, Suspension and Termination of Accounts:
16.4.1. Novawave Technology N.V. reserves the right to restrict, suspend or terminate user accounts in situations that compromise the integrity of gaming services. Such measures may include:
a) Restriction of access to certain games or functionalities.
b) Temporary suspension of the account.
c) Permanent termination of the account.
16.4.2. Reasons for Restriction, Suspension or Termination:
a) Participation in Prohibited Events.
b) Violation of Novawave Technology N.V.'s usage policies.
c) Activities that compromise the security or integrity of the services.
d) Non-compliance with legal or regulatory requirements.
16.4.3. Communication to the User:
16.4.3.1. We will communicate to the user the specific reason for any restriction, suspension or termination of account, whenever possible.
17. GENERAL RULES, APPLICABLE LAW AND CHOICE OF FORUM
17.1. By using the Services, the User undertakes to act responsibly and moderately, as well as to respect the law, morality and good customs.
17.2. The provisions contained herein and any other policies disclosed by Novawave Technology N.V. constitute the rules that specifically govern the relationship between the User and Novawave Technology N.V., superseding and revoking any and all understandings, proposals, agreements, negotiations and discussions that may have occurred previously between the parties, so that the User is presumed to have full knowledge and irrevocable and irreversible consent.
17.3. The relationship between the User and Novawave Technology N.V. is governed by the laws of Curaçao, where the company is incorporated.
17.4. Due to national and international rules for the prevention of money laundering and the financing of criminal activities, Novawave Technology N.V. may voluntarily share with governmental bodies information in any way related to the registration, operations and eventual prizes of its Users. It may also forward any information of which it is aware, and which may be requested by governmental bodies, regardless of notification or warning to the User.
17.5. The inability or impossibility of Novawave Technology N.V. to exercise or enforce any right or provision contained herein does not constitute a waiver of that right or provision.
17.6. The declaration of nullity or unenforceability of any item, term or provision contained herein will not imply the nullity or unenforceability of any other items, terms or provisions contained herein, which will remain in full force and whose effects will not be affected.
17.7. The User does not acquire any intellectual property rights over or in any way related to the platform, the Application or any functionality or component that may be made available by Novawave Technology N.V.
17.7.1. Under no circumstances will the User have access to the source code of the Application, as it is the intellectual property of Novawave Technology N.V.
17.8. Any and all content made available by Novawave Technology N.V., on the platform or in the Application, including, but not limited to texts, graphics, images, logos, icons, photographs, editorial content, notifications, software and any other material, belong exclusively to Novawave Technology N.V., and are protected by applicable law regarding intellectual property and copyrights.
17.9. Novawave Technology N.V. is not a financial institution.
17.10. Novawave Technology N.V. and its contracted collaborators undertake to act in accordance with the legislation in force on the protection of data relating to an identified or identifiable natural person ("Personal Data") and the determinations of the Regulatory/Supervisory Bodies on the matter, especially the provisions of the applicable data protection law, as well as other applicable personal data protection laws, norms and policies.
17.10.1. In this sense, Novawave Technology N.V. has a document called Privacy Policy ("Policy") that explains clearly and accessibly how your information and data will be collected, used, shared and stored through our systems. The Privacy Policy can be consulted at any time.
17.11. The parties elect the forum of Curaçao as the sole competent to resolve any disputes and/or demands that may involve the Parties in relation to the use of the Services and access to the platform.
17.12. The User declares to be aware of the rights and obligations arising from these Terms, having read, understood and accepted all terms and conditions.