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BetOnline Poker Operator Dossier

Corporate intelligence report on the company behind BetOnline Poker

ParentTermas del Arapey Management S.A.
HQPanama City, Panama
Founded2001
LicensePanama
Rating7.9
Company Profile
Parent CompanyTermas del Arapey Management S.A. (Panama)
OwnershipPrivate
HeadquartersPanama City, Panama
Founded2001
CEO / LeadershipEddie Robbins III (CEO)
Employees11-50 (estimates vary 11-50 to ~17)
Funding and Valuation
FundingNo known funding rounds; privately held
Revenue / ValuationNo public data (~$3.4M revenue estimate from one source)
Licensing and Regulation
Panama
Panama Gaming Commission / Junta de Control de Juegos (JCJ)
Native Token

None (accepts $SCOR, BTC, ETH, etc. for deposits)

Regulatory History

Multiple US state cease-and-desist orders (IL 2025, MA 2025, MI 2025)

TN $50K fine (2025)

Netherlands €1.1M fine (2024)

class action lawsuits (NY 2026)

Security Track Record
  • User account hacks reported (2018, 2020 DDoS-like closure, various player complaints of unauthorized access)
  • no major confirmed company-wide breaches
Proof of ReservesNone published
Sister Brands
Sportsbetting.agWild CasinoSuper SlotsTigerGaming (via Commission Kings affiliate network)
Key Events

- 2001: Founded\n- 2010: First to accept Bitcoin\n- 2012: Switched to .ag domain\n- 2017: Switched live dealer to Visionary iGaming\n- 2022: Accepted Bored Ape NFT, first space wager\n- 2026: Integrated $SCOR token

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