Company Profile
| Parent Company | mBet Solutions N.V. (operated by Coingaming Group / Yolo Group) |
|---|---|
| Ownership | Private (Coingaming Group / Yolo Group) |
| Headquarters | Tallinn, Estonia ZoomInfo |
| Founded | 2016 |
| Founders | Tim Heath (Coingaming Group founder) |
| CEO / Leadership | Tim Heath (Coingaming Group founder & former CEO); leadership transitioned (e.g., Maarja Pärt as CEO in 2020, current unclear post-Yolo pivot) |
| Employees | ~31 ZoomInfo |
Funding and Valuation
| Funding | No public funding rounds found; self-funded/bootstrapped by Coingaming Group / Yolo Group |
|---|---|
| Revenue / Valuation | Revenue ~$7.7M (est.) ZoomInfo; no public valuation |
Licensing and Regulation
Curacao
Curaçao Gaming Authority license OGL/2023/110/0072 CryptoSlate
Regulatory History
Plans to shutdown/shift announced by Yolo Group Sep 2025 for regulated focus
no major fines/bans specific to Sportsbet.io crypto (Australian Sportsbet fines unrelated)
Security Track Record
- Likely hack Jun 2024 (~$3.5M USDT/TRX stolen) Web3 is Going Just Great
- data breach reported (24k credentials) Nov 2024 LeakRadar
| Proof of Reserves | None published |
|---|
Sister Brands
Bitcasino.ioSlots.io (under Coingaming/Yolo Group)
Key Events
2016
Founded by Coingaming Group
2021
Group rebrands to Yolo
Partnerships: Southampton FC, Arsenal, Hull City, LaLiga, snooker events
Oct 2024: 10B USD bets milestone
Sep 2025: Yolo announces closure pivot
Site geo-blocked/shutdown by Mar 2026