Rabidi N.V. Casinos
Here is a list of casinos that were once operated by Rabidi N.V. Take note that these casinos are currently operated by other entities as Rabidi N.V. declared bankruptcy in 2024 and had their license revoked. Read more about what happened to them here.
Bovada
- Mobile Friendly
- Accepts Bitcoin
- Live dealers available
- No fees on Bitcoin deposits/withdrawals
- Weekly Promotions
- Established casino with Poker and Sports Betting options
- 24/7 Player Support
- Most popular casino for US residents
- The deposit plus bonus amount is subject to a 25x playthrough requirement before the deposit, bonus amount and any winnings can be withdrawn.
- Forfeiting this bonus will result in this bonus and any subsequent winnings associated with this bonus to be removed.
- Bonus funds cannot be used for play on Live Dealer games.
- Craps and Live Dealer play do not count toward meeting rollover requirements for withdrawal.
- All games, except Craps and Live Dealer, contribute towards playthrough requirements; however, certain games may have a greater contribution than others.
Ignition Casino
- Accepts Cryptocurrency
- iTech Labs Certified
- Processes cryptocurrency withdrawals very quickly
- The deposit plus Casino bonus amount is subject to a 25X Casino playthrough requirement before the deposit, bonus amount and any winnings can be withdrawn.
VipSlots Casino
- Offers unique Saucify games
- Accepts players globally
- Provides phone support
- Supports Bitcoin transactions
- Features live dealer games
- Available only for new players
- Standard terms apply; please play responsibly
- A minimum deposit of €/£/$25 or R250 is necessary to withdraw winnings
- This ‘play now, deposit later’ offer lets you use free spins first. If you win, deposit the minimum amount to begin wagering and redeem your winnings
Vegas Casino Online
- Mobile Friendly
- Established Since 1999
- Frequent Promotions
- Low Minimum Deposit
- No transaction fees
- CDS Certified
• This offer is valid only for first-time depositors at Vegas Casino.
• The offer is limited to one player per household and/or computer.
• The coupon can only be redeemed once by the player to a maximum of $500 in bonus.
• Deposit a minimum $25 to qualify for this bonus.
• The deposit and bonus must be wagered fifty (50) times before a cashout is permitted.
• Only the following games count towards the wagering requirements of the bonus: some Real Video Slots, some Slots, Keno and Scratch Cards.
Cafe Casino
- Transparent banking options
- Crypto friendly
- Live dealers available
- Withdrawals via crypto is extremely quick
- Bonuses issued at the discretion of the Company are subject to one per individual, household, civic address, e-mail address, deposit instrument, bank account, telephone number, computer/device, and/or IP address.
- If you cancel or forfeit the bonus at anytime prior to wagering and rollover requirements being met, all funds generated by the bonus (including the bonus) will be void and be ineligible for reinstatement. Details on the applicable restrictions can be found in the specific terms of the promotion.
- Unless otherwise stated, the minimum amount required to activate a deposit bonus is $20.
- Bonuses are subject to wagering and rollover requirements and must be met by their specified timeline prior to any approved requested withdrawals.
Red Dog Casino
- Rewarding promotional offers
- Supports Bitcoin
- Smooth site navigation
- 24/7 available live chat platform
225 Slots Bonus + Extra 20% for deposits with crypto. Min dep: $10 Neosurf, $20 BTC, $20 LTC, $20 ETH, $20 BNB, $20 XRP, $20 DOGE, $20 Flexepin, $30 CC, $40 USDT. Valid 5 times. WR: 35x(D+B). Max bet: $10. Max PO: 30xD. Games included: Video Slots, Keno, Scratch Cards, Board Games.
What Was Rabidi N.V.?
Rabidi N.V. was a Curaçao-licensed operator established in 2019 that rapidly grew to operate over 40 online casino brands. The company quickly became a major player in the online gambling space, operating popular casino brands including:
- Major Brands: Wazamba, Rabona, 5Gringos, SlotsPalace, Boomerang, Casinoly, Nomini, Bankonbet, and many more - a total of over 40 different online casinos.
- What They Offered: Rabidi was known for its innovative, player-focused approach to online casinos, with thousands of games from almost 100 providers. Players could pay with 75+ payment methods including Interac, Neosurf, and MiFinity for Canadian gamblers, plus extensive cryptocurrency support.
The Collapse: What Happened in 2024?
Here's where the story takes a serious turn. Rabidi N.V. went bankrupt and had their license revoked in 2024.
The Bankruptcy
In May 2024, Rabidi N.V. was declared insolvent. The trigger was an outstanding claim from a player in the amount of €244,950, which was not paid despite a court order. As a result, a court in Curaçao initiated insolvency proceedings against the operator.
License Revocation
The Curaçao Gaming Control Board (GCB) officially revoked Rabidi N.V.'s license on June 7, 2024, citing "failure to meet financial obligations and breach of integrity provisions under license OGL/2023/103/0067." This was the final regulatory death blow for Rabidi N.V. as a licensed gambling operator.
What This Means for Players
The Troubling Reality
Despite losing their license, the company's online casinos continued to operate illegally, bypassing regulatory oversight. This blatant disregard for legal requirements has raised serious concerns within the online gambling industry.
Asset Transfers
Industry observers and investigative sources report suspicious activities around the insolvency. Shortly before and after the initiation of proceedings, casino brands and assets were transferred to other companies - including Adonio N.V. and Liernin Enterprises Ltd. - raising suspicions that beneficial owners tried to protect assets from creditors.
What Happened to Player Funds?
A refund is unlikely for affected players. Curaçao doesn't offer consumer protection like the EU does. Insolvency means that claims can only be asserted through a court in Curaçao - with an uncertain outcome.
Current Status: Are These Casinos Still Operating?
Yes, but under questionable circumstances. Many former Rabidi casinos continue to operate, but their legitimacy is unclear:
New Operators?
After the bankruptcy, many casinos were supposedly taken over by new operators. However, it remains unclear who exactly is behind these platforms. While some former Rabidi N.V. casinos are operated by companies such as Adonio N.V. or Liernin Enterprises Ltd., there's no reliable information as to whether these are genuine new operators or merely a restructuring within the same group of companies.
Licensing Questions
While terms and conditions are available on these websites, there's often no clear information about current licensing. This is problematic because the original Curaçao license was revoked after the insolvency of Rabidi N.V.
Red Flags and Player Warnings
Financial Issues
There have been multiple reports from players and whistleblowers accusing Rabidi of not honoring player winnings. Some instances even involve players being threatened with public exposure of their gambling activities if they demand payouts, raising concerns of blackmail and intimidation.
Ongoing Problems
Former Rabidi brands continue to generate complaints about missed payments and withdrawal issues. Players report delayed or rejected withdrawal requests, even when all conditions have been met.
Payment Processing Concerns
Financial transactions were processed through Cypriot payment agents like Tilaros Limited and Tranello Limited, both located at the same address in Nicosia, Cyprus. Rabidi N.V. reportedly did not maintain any bank accounts directly.
The Bottom Line: Should You Play at Former Rabidi Casinos?
Exercise extreme caution. Here's why:
- No Clear Licensing: Many former Rabidi brands operate without transparent licensing information
- Questionable Ownership: It's unclear if new operators are legitimate or just asset shuffling
- History of Non-Payment: Multiple reports of unpaid winnings and withdrawal issues
- Legal Concerns: Original company went bankrupt owing players money
- Regulatory Warnings: Various gambling authorities have issued warnings about these operations
What You Should Do
- Avoid: Consider avoiding casinos that were formerly operated by Rabidi N.V.
- Check Licensing: If you must play, verify current licensing status independently through official regulatory websites
- Research Thoroughly: Look up recent player complaints and withdrawal experiences on gambling forums
- Consider Alternatives: Choose casinos with clear ownership and established track records
Experts recommend casinos licensed in Germany (GGL), Malta (MGA), Sweden (Spelinspektionen), or Ontario (AGCO) for better player protection.
If you come across any issues, lodge a complaint with us and we'll our best to help your a situation.
Conclusion
The Rabidi N.V. story is a cautionary tale in online gambling. What started as a rapidly growing casino network with modern, sleek platforms became a bankruptcy case with questionable asset transfers and players left without recourse. While some brands continue operating under new names, the murky ownership and licensing situation makes them risky choices for players.
Key Takeaway: When choosing an online casino, prioritize transparency, clear licensing, and established operators with good track records over flashy bonuses from operators with questionable histories. The online gambling industry has plenty of legitimate, well-regulated options - there's no need to risk your money with operators that have such a troubled past.
Remember: if something seems too good to be true in online gambling, it probably is. Always do your research before depositing money at any online casino.
For more details about the full investigation into Rabidi N.V., you can read the report from FinTelegram here.