Company Profile
| Parent Company | Chestoption Sociedad de Responsabilidad Limitada (Chestoption S.R.L.); also associated with TechOptions Group B.V. |
|---|---|
| Ownership | Private |
| Headquarters | Willemstad, Curaçao (LinkedIn); Costa Rica (operator location) |
| Founded | 2022 |
| Employees | 51-200 |
Funding and Valuation
| Funding | No public funding rounds identified |
|---|---|
| Revenue / Valuation | No public data available |
Licensing and Regulation
Curacao Costa Rica
Curaçao Gaming Control Board / eGaming Authority (license ID not consistently published) / operated by Costa Rica entity
Regulatory History
May 2025
KSA (Netherlands) penalty order against Chestoption SRL for unlicensed operations (up to €840,000)
May 2025
DGOJ (Spain) €5m fine for illegal operations
player complaints of account closures and withheld winnings (ongoing)
Security Track Record
- No major hacks or security incidents identified
| Proof of Reserves | Not mentioned; no evidence found |
|---|
Sister Brands
Operated under TechOptions Group B.V.: Hellspin Casino, IviBetother Chestoption sites: vave-luck.com, 65avev55.com
Key Events
Launched 2022
Expanded to 10,000+ games and sportsbook
VIP programs introduced
Affiliation partnerships (e.g., AffPapa 2023)