Sportsbet.io is a sportsbook-first betting brand that has taken crypto wagers since 2016, with a casino arm attached to the same account. It grew up inside Tim Heath's Coingaming stable — today's Yolo Group — and became one of the longest-running names among crypto casinos and crypto sports betting brands, recognisable well beyond the niche thanks to high-profile football sponsorships. The operating company is mBet Solutions N.V., a Curaçao-registered entity licensed by the Curaçao Gaming Authority.
Our Sportsbet.io Sportsbook review scores the betting product — odds, markets, payouts — and the gaming floor is rated in our Sportsbet.io Casino review.
Ownership and Corporate History
The brand's parent traces back to 2013, when Tim Heath founded the Coingaming Group in Tallinn, Estonia. Bitcasino.io arrived in 2014, and Sportsbet.io followed in 2016 as the group's dedicated sportsbook. In September 2021, Coingaming rebranded as Yolo Group, keeping both consumer brands under its Yolo Entertainment division.
The licensing footing changed in 2024. Sportsbet.io had long pointed to legacy Curaçao master licence 1668/JAZ; on 22 July 2024, mBet Solutions N.V. was granted its own licence, OGL/2023/110/0072, from the Curaçao Gaming Authority under the island's reformed National Ordinance on Games of Chance (LOK).
In late 2025, Yolo Group announced a strategic shift away from grey-market operations toward fully regulated jurisdictions, consolidating its consumer betting under a single Yolo.com brand and signalling that Sportsbet.io and Bitcasino.io would be wound down or divested. In February 2026, trade press reported that Yolo Group was in advanced talks to sell both brands to Stockholm-listed Betsson AB. As of July 2026 no completed sale has been announced, and the site continues to operate under mBet Solutions N.V. with its Curaçao licence listed as active.
Who Operates Sportsbet.io?
The named operator is mBet Solutions N.V., incorporated under the laws of Curaçao with company number 129230 and registered at Heelsumstraat 51, E-Commerce Park, Curaçao. Its licence, OGL/2023/110/0072, was issued by the Curaçao Gaming Authority on 22 July 2024 and shows an Active status on the regulator's public register, which names sportsbet.io as a covered domain. That register entry is the quickest way to confirm the entity currently answerable for the site — worth checking against the footer, as it is for any of the Curaçao crypto casinos, since the Yolo Group transition means the brand's ownership could change hands.