Red Trading Curacao N.V.
Red Trading Curacao N.V. is the Curacao-registered operating company behind the Frank & Fred casino brand. It holds the Curacao licence for the site. It also sits inside the PlayCherry group. So if a Frank & Fred review shows more than one licence number, Red Trading is usually the reason.
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Who Red Trading Curacao N.V. actually is
The name gives away the important part. This is a company registered in Curacao. It was set up to hold a Curacao gaming permit and run a casino under it. It is not a games studio, and it does not build slots. Some outdated summaries claim otherwise, but that is simply wrong. Its job is licensing and operation. It holds a permit and runs the casino for the players who sign up on it. Splitting the work this way is normal for operators that serve more than one market, and it keeps each licence tied to a clear legal entity.
Red Trading does not work alone. The wider group is PlayCherry Ltd, a Malta-based operator. PlayCherry grew out of the old Cherry gaming business, which has traded since the 1960s. It holds the Malta and Swedish licences for the brand. Red Trading holds the Curacao side. The platform itself comes from The Mill Adventure Limited. So three parties share the work: one for the platform, one for the European licences, and Red Trading for Curacao.
The casino Red Trading runs: Frank & Fred
The one brand tied to Red Trading in our records is Frank & Fred. The casino launched in 2018 and takes its name from two cartoon mascots. It is slots-led, with a live dealer section added on top. The feel is Nordic: quick sign-up, fast cashouts, and no bingo-heavy clutter. Our Frank & Fred review covers the account and cashier side in more detail. Start there if you want the brand rather than the company behind it.
Licensing: what Red Trading covers, and what it does not
This is the part UK players should read twice. Frank & Fred runs under a few licences, depending on where the player is based. The Malta Gaming Authority covers much of Europe. The Swedish Gaming Authority covers Sweden. A Curacao permit, held by Red Trading Curacao N.V., covers players elsewhere.
None of those is a UK Gambling Commission licence. That gap matters. Without a UKGC licence, the site cannot legally take bets from customers in Great Britain. You will not find Red Trading or Frank & Fred on the UK Gambling Commission public register. In practice, that means no GamStop self-exclusion. It also means none of the UKGC deposit-limit and affordability checks. And there is no route to the UK complaints and ADR services if a dispute goes wrong. Curacao has reformed its licensing in recent years and moved oversight to a central authority. Even so, the checks sit below a UK licence, so the safety net is thinner.
If you are in the UK and want those protections, pick a UKGC-licensed bingo or casino site instead. Red Trading and Frank & Fred are built for markets outside the UK.
Games and payments on a Red Trading site
The game library is what you would expect from a Malta-linked operator. There are slots from NetEnt and live tables from Evolution. A long list of other studios keeps the lobby varied. The site also runs on the 15 Network, which shares some content and back-end setup across a wider group of casinos. Banking leans on methods that are popular across Europe and the Nordics. That includes Trustly and its Pay n Play option. Pay n Play lets a player deposit straight from their bank, with no separate casino login. It suits the low-friction style the brand is going for, and it is common at Nordic-facing sites.
Why the operating company is worth knowing
Most players never look past the casino name. For a UK-licensed site, that is fine. For a site run through a Curacao company, the operating entity is worth a glance. It tells you which rules apply to your account and your money. Red Trading Curacao N.V. holds the Curacao side. PlayCherry holds the Malta and Swedish side. Together they run an international operation, not a UK-regulated one. The advice is simple. Check the licence that covers your country before you deposit. If UK player protection matters to you, stick to the sites on the UK register.
Who is Red Trading Curacao N.V.?
Red Trading Curacao N.V. is a Curacao-registered operating company that holds the Curacao licence for the Frank & Fred casino brand. It is part of the wider PlayCherry group and is not a games studio.
Which casino does Red Trading run?
In our records, Red Trading is linked to Frank & Fred, an online casino launched in 2018. The Curacao side of that brand runs through Red Trading, while its European licences sit with PlayCherry Ltd.
Is Red Trading Curacao N.V. licensed by the UK Gambling Commission?
No. Red Trading holds a Curacao permit, and the wider brand also uses Malta and Swedish licences. None of these is a UK Gambling Commission licence, so the site sits outside the UK-regulated market.
Can UK players use a Red Trading casino?
Frank & Fred is built for markets outside the UK. Without a UKGC licence it cannot legally accept customers in Great Britain, so it offers no GamStop self-exclusion and none of the UKGC player protections. UK players should choose a UK-licensed site.
Is Red Trading connected to PlayCherry?
Yes. Red Trading Curacao N.V. sits inside the PlayCherry group. PlayCherry Ltd holds the Malta and Swedish licences for the brand, while Red Trading holds the Curacao side.
Is a Curacao licence as safe as a UK one?
Not to the same level. Curacao has tightened its rules and moved oversight to a central authority, but the checks on operators are lighter than the UK Gambling Commission's. For the strongest player protection, a UKGC-licensed site is the safer option.
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