Zet Casino Continues Operating Payment Agents Despite Rabidi Scheme Fallout

Rabidi

Rabidi operated several online casinos under a license in Curacao until its bankruptcy in 2023. Since then, the former Rabidi brands, such as Zet Casino are being operated either anonymously or by other legal parties or using a payment agent in Cyprus. The operators do not have licenses for activities in Europe and other jurisdictions.

Zet Casino

The main domain ZetCasino.com does not work but is redirected to other domains, such as https://zetcasino8.com. The related brand and website ZetSpins (ZetSpins.com) is offline with an 404 error message.

The main site ZetCasino.com has had more than 130,000 visitors in the last 28 days before until July 25, 2024 with more than 70% coming from Canada. The rest of the top 5 visitor countries are the U.S., Italy, Germany and the Philippines.

On Trustpilot, Zet Casino receives a 1.5-star rating with a “Bad” trust level out of 277 reviews.

Facilitating Payment Processors

Players can make deposits via credit/debit cards, e-wallets, e-vouchers, and cryptos. PaymentIQ from Worldline are widely used as a cashier and payment gateway in the segment of illegally operating online casinos.

Deposits via bank transfer are not offered by default but players can withdraw their balance via bank transfer. Noda is integrated as a payment processor via the separately set up domain Bankstransfer.com. in this process

CryptoPay is being used as a payment processor for cryptocurrencies which allows customers to make their crypto deposits and withdrawals. Along with it, MoonPay is also included for these crypto transactions. It facilitates buying cryptocurrencies with credit/debit cards Zet Casino players. After a successful purchase, these cryptocurrencies are transferred directly to Zet Casino increasing the player’s balance.

Compliance Check

Zet Casino has an offshore gaming license from the Philippine Amusement & Gaming Corporation for the domain ZetCasino.com but this  license does not allow Zet Casino to operate in Europe or other jurisdictions.

It has been noted that an EEA and UK resident can  register with Zet Casino and make deposits via the integrated payment facilitators without a KYC check. Zet Casino is also active in North America.

The lack of KYC and proper checking has led to a Red Compliance Listing. The  payment facilitators must introspect on how they can justify the acceptance of Zet Casion and its Cypriot payment agent Mirate Services as a merchant.

Key Data Zet Casino