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Regulatory Alert: Risks Associated With Wazamba Casino and Cyprus-Based Payment Agent Mirata Services

Regulatory Alert: Risks Associated With Wazamba Casino and Cyprus-Based Payment Agent Mirata Services

Overview

Scam-Or Project issues a public warning regarding the online gambling platform Wazamba, which appears to be operating without a valid gambling license and without transparent ownership disclosure. The casino has previously been linked to the now-insolvent Rabidi Group and is currently functioning under conditions that raise significant legal and compliance concerns.

At present, the Wazamba website provides no identifiable information about its operator, creating an environment where players face elevated financial and legal risks and have limited avenues for dispute resolution.

Lack of Licensing and Operator Transparency

Wazamba demonstrates several indicators commonly associated with unregulated gambling operations:

  • No publicly verifiable gambling license
  • Absence of operator identity or corporate disclosure
  • Use of third-party payment agents instead of direct merchant accounts

Despite marketing itself as a legitimate casino, Wazamba does not appear to comply with internationally accepted gambling, consumer-protection, or AML standards. The anonymity surrounding its operation prevents affected users from identifying the responsible legal entity or effectively pursuing claims.

Background: Rabidi Group Insolvency

Wazamba is reportedly one of more than three dozen online casinos previously operated by Rabidi N.V. under a Curaçao sublicense until Rabidi’s insolvency in May 2022. Insolvency proceedings were initiated following a complaint by a German player whose winnings were allegedly not paid.

Following the insolvency, these casino brands continued operating without clear ownership disclosure, relying on payment intermediaries based in Cyprus.

A detailed Rabidi bankruptcy report has been made publicly available.

Role of Payment Agent: Mirata Services Ltd

The Cyprus-registered company Mirata Services Ltd acts as a payment agent for Wazamba. Transaction testing indicates that Mirata Services functions as a Binance Pay merchant, receiving player deposits through its Binance Pay account.

Known company details:

  • Company: Mirata Services Ltd
  • Address: Christodoulou Chatzipavlou 205, Louloupis Court, 2nd Floor, Flat/Office 201, P.C. 3036, Limassol, Cyprus (OpenCorporates)
  • Director: Charoulla Lesta
    • Also registered as director for other entities at the same address, including Midstream Group Limited, which appears on the Open Sanctions List as an entity of interest

Based on available evidence, Mirata Services appears to be operationally connected to Wazamba and other similar casino brands. In its capacity as a payment facilitator, the company may bear civil, regulatory, and potentially criminal exposure related to player losses, non-payouts, and AML compliance failures.

Affected players may consider addressing formal complaints and claims directly to Mirata Services Ltd.

Whistleblower Testimony

Information provided via the Scam-Or Project whistleblower section includes the following account from an affected player:

“I deposited around €24,000 into Wazamba within two weeks. After I raised concerns about the absence of identity verification required under KYC and AML rules, my account was blocked. The casino then claimed I had requested account closure, which is untrue. Cashback payments linked to my wagering activity were not honored, and my funds were lost without explanation.”

This testimony highlights recurring issues reported by users, including:

  • Absence of KYC verification
  • Account restrictions following compliance inquiries
  • Disputed account closures
  • Alleged withholding of player balances

Rabidi Group – Key Reference Data

Category Details
Trading names Rabidi
Business activity Online casino and gambling operations
Status Bankrupt
Domains rabidinv.com (offline) · interpavaltd.com (offline)
Legal entities Rabidi N.V. (bankrupt) · Valia Nominees Limited · Interpava Limited · Allyant Group B.V. · Tilaros Limited · Tranello Limited · Sentoka Limited · Adonio N.V. · Starkeast Management N.V. · Wyze Management N.V.
Related entities ButOn (www.buton.com) · Estolio Limited · Landrino Limited · Butos Limited · Stable Aggregator Limited d/b/a SoftSwiss
Jurisdictions Curaçao · Cyprus · Estonia · Gibraltar
Authorization Curaçao sublicense via Antillephone N.V. (License No. 8048/JAZ)
Payment facilitators My EU Pay · BitSpider · InPay
Related individuals Denys Butko (UBO) · Hanna Chuprys · Iryna Liubochko · Olga Musina · Natalia Tsiourkina · Dan Hammer · Gera Hammer
Casino brands GREATwin · Casinoly · Boomerang Casino · FEZbet · FunID · Wazamba · SlotsPalace · PlayZilla · Sportaza · ExciteWin · OhMySpins · 5Gringos · 7Signs · PowBet · House of Spades · LuckyElektra · Neon54 · Dolly Casino · ZetCasino · Nomini · SpinRollz

Guidance for Affected Players

Scam-Or Project advises individuals who believe they have been harmed by Wazamba or similar unlicensed casinos to:

  • Document all transactions and communications
  • Direct payout-related complaints to the identified payment agent
  • Preserve payment records, screenshots, and correspondence

For Wazamba-related cases, Mirata Services Ltd in Cyprus represents a primary point of contact for dispute escalation.

Call for Information

Former employees, affiliates, payment partners, and affected players are encouraged to submit additional documentation through the Scam-Or Project whistleblower section. Submissions may include transaction records, internal communications, archived terms, or payment processor evidence. Confidentiality and source protection apply.

Ongoing reporting aims to improve transparency and accountability in high-risk online gambling operations.

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