Operator File · Curaçao

MyStake

Licence status, what the record shows and the routes open to players anywhere, with sources. A listing is a record, not an allegation of wrongdoing.


Written by Jake Thomas, Co-founder and Director. Clinton & Co Advisors is not a law firm. Last checked 3 September 2026.

Register check
Entity
GTW B.V.
Registration number
Not published
Licence number
OGL/2024/250/0115
Regulator
Curacao Gaming Authority (CGA)
Status
Assessment in progress
Date checked
16 September 2026
Register
Curaçao Gaming Authority register (edition of 16 September 2026)

Licensed: MyStake's certificate of operation is carried under Curaçao Gaming Authority licence OGL/2024/250/0115 held by GTW B.V., and the Curaçao Gaming Authority register edition of 3 September 2026 carries that licence against GTW B.V. with the status Assessment in progress

Our free licence checker covers this and every other operator we hold a file on.

The group behind MyStake

MyStake is the flagship brand of a group historically incorporated in Curacao as Santeda International B.V. (registration 151296), the company behind a family of sites that includes Velobet, Goldenbet, Cosmobet, Rolletto and Donbet, which share infrastructure and broadly similar terms. MyStake's own certificate of operation is now carried under Curacao Gaming Authority licence OGL/2024/250/0115, held by GTW B.V., the entity the group's brands were moved to from Santeda across 2025 and 2026; reporting records the earlier Santeda licence as expired pending renewal, which under Curacao practice permits continued operation. Because the brands sit on one corporate spine, a pattern experienced at one site is frequently mirrored at its siblings, which matters when assessing how a dispute is likely to run.

Licence and UK position

A Curacao Gaming Authority licence is the only gaming authorisation MyStake points to. Neither MyStake, Santeda nor GTW B.V. appears on the UK Gambling Commission's public register, and the group's own terms name the United Kingdom as a restricted territory. That has two consequences for a UK player. GamStop cannot block the site, because GamStop reaches only UK-licensed operators, and none of the UK's dispute machinery, from approved ADR providers to Commission oversight, applies to the operator. In 2022 Spain's gambling regulator, the DGOJ, fined Santeda International B.V. five million euros and imposed a two-year ban for unlicensed activity in the Spanish market, a primary regulator action that shows how the group has operated into markets where it held no local permission.

The GAMRS allegations

In December 2025 GamblingNews reported research by GAMRS, an independent monitoring body, which alleged that the Santeda brands together form a black-market network turning over more than two billion pounds a year. The report attributed roughly 1.2 billion pounds of annual turnover to MyStake alone and estimated that UK players account for 64.8 per cent of its traffic, a striking concentration for a site whose terms restrict the UK. It also carried customer testimony gathered across the network, including a GamStop-registered individual who reported losing around 49,300 pounds over three days after receiving offers linked to the group's brands. These figures and accounts are third-party research and testimony reported by the press, not a regulator's findings or a court judgment, and this file presents them strictly as allegations.

If you self-excluded and still lost money at MyStake

Some of the strongest files this office sees start here: a person registered with GamStop to stop themselves playing, and an offshore site still took their deposits. GamStop's own About page, read on 16 September 2026, states that registering blocks you from accessing gambling websites and apps licensed in Great Britain, and that is the whole of its reach. MyStake is not licensed in Great Britain, so the scheme never touched it. That is a gap in the protection you were given rather than a failing on your part, and it is worth saying plainly because the opposite assumption is what stops people looking at their options.

The GAMRS research reported by GamblingNews in December 2025 carried testimony from a GamStop-registered individual who described losing around 49,300 pounds over three days across the group's brands after continuing to receive offers, and it estimated that players in the United Kingdom made up 64.8 per cent of MyStake's traffic while the brand's own terms name the United Kingdom as restricted. That is third-party research and reported testimony, not a regulator's finding, and this file records it as such. What it points at is the question a self-exclusion case actually turns on: not whether you should have played, but what the operator knew, what marketing it sent, whether it was serving a market its own terms excluded, and what its licence required of it while it did. Those are answerable questions, and the answers live in your account records and your inbox rather than in the scheme's database.

The evidence to keep, and the routes you can use yourself

Before anything else, stop depositing and build the record while it is still reachable. Export or screenshot the full account history with dates and amounts, every withdrawal request and what happened to it, and the balance as it stands now. Save the whole thread with support, including the exact wording of any document request, any reason given for a hold, and any clause the operator quoted at you. Keep the marketing you received, emails, texts and push offers, with their dates, because on a self-exclusion file the marketing timeline is often the most probative thing in the bundle. Keep your own payment records too: they establish what went in and when, independently of anything the operator later says about your account.

Then use the free routes first, in writing. A complaint goes to MyStake itself, through the channel its site publishes, dated and naming the specific clause or decision you are disputing, with every reply kept. You do not need anyone's help to do that, and a complaint made properly is worth more later than a chat transcript. What the UK framework does not give you here is the next rung: because neither MyStake nor GTW B.V. appears on the Gambling Commission's public register, there is no approved adjudicator to escalate to and no Commission file to open, so the escalation that exists runs through the Curaçao licence the operator holds. That is the point at which people reasonably ask whether a structured claim is worth pursuing, and it is a question about evidence and merit rather than about the size of the loss.

Is MyStake withholding a withdrawal?

The playbook for a stalled MyStake payout is in what to do when a casino withholds your winnings. Where the sum is substantial, a voided win, a confiscated balance or a withdrawal MyStake will not release, our withheld winnings service sets out the evidence that matters and when a specialist assessment of a MyStake case is proportionate.

What the record shows

Regulator / court actionDGOJ (Direccion General de Ordenacion del Juego, Spain)· 2022 (reported)

Spain's gambling regulator (DGOJ) fined operator Santeda International B.V. EUR 5m and imposed a two-year ban for unlicensed online gambling activity in Spain (primary regulator action against the parent, not MyStake-specific).

Source
Reported allegationGAMRS (independent monitoring body), reported by GamblingNews· 2025-12-22

Independent GAMRS report placed MyStake at the centre of an estimated ~£2bn Santeda black-market network, attributing roughly £1.2bn of annual turnover to MyStake alone and putting UK players at 64.8% of its traffic, with testimony from a GamStop-registered individual reporting ~£49,300 lost in three days. THIS IS A THIRD-PARTY RESEARCH REPORT / ALLEGATION, NOT a regulator ruling or court judgment.

Source

Is MyStake legit?

"Legit" needs unpacking. MyStake holds licence OGL/2024/250/0115 and is recorded as licensed under Curacao Gaming Authority (CGA). Our file records 2 documented items about MyStake, set out above with their sources. No UK Gambling Commission licence is recorded for it, so GamStop and the UK dispute framework do not apply, which matters more than any review score if something goes wrong. A licence is not a promise that players are treated fairly. You can verify a Curaçao licence yourself against the CGA's official register with our free licence checker.

Complaints about MyStake

No verified, attributable record of MyStake-specific withdrawal refusals has been documented, and this file does not assert one. What players at the group's sites widely describe on complaints platforms is the friction familiar from offshore casinos generally: identity checks that repeat after documents have been supplied, balances held for unexplained security reviews, disputes over bonus wagering terms raised at the point of cash-out, and payments that arrive slowly or in parts after persistent chasing. These are attributed player accounts rather than findings, and identity and source-of-funds checks can be a legitimate obligation. Their significance is the setting: with no UK regulator behind the site, the operator's own process is usually the only formal recourse, so a complete written record is what keeps a later claim alive.

A complaint about MyStake should go to MyStake itself first, in writing, through the complaints channel it publishes or its support address where it publishes none, with every reply kept. If MyStake does not resolve it, escalation points at Curacao Gaming Authority (CGA), and in practice the pressure comes from the evidence your own records support. The sequence is set out in how to escalate a casino complaint.

What the licence requires

MyStake is regulated by Curacao Gaming Authority (CGA) under licence OGL/2024/250/0115, and no UK Gambling Commission licence is recorded for it, so GamStop and the UK dispute-resolution framework do not apply. Read more on how Curaçao casino law works.

If you are trying to recover money

Because MyStake is licensed in Curaçao and not by the UK Gambling Commission, no UK adjudicator can order a refund, so recovery runs as a claim built on MyStake's own complaints process and contractual terms, taken forward with a regulated legal partner where the evidence supports it. Preserve your account evidence first, then see how gambling-loss recovery works, the evidence you need to recover losses, and how to escalate a casino complaint.

Check whether MyStake appears on the Curaçao enforcement register before you write.

Two guides carry the detail for a Curaçao brand like MyStake. Getting your money back from a Curaçao casino sets out the complaint order and what the regulator can realistically do about MyStake. Where you had self-excluded with MyStake and it kept taking deposits, read what a failed self-exclusion is worth. The free complaint route finder maps the order for you.

If the amount is large

Two things tend to happen at once when a MyStake balance gets large. The MyStake account goes quiet on the commercial side, with a MyStake host who replied in minutes now slow or silent, and MyStake withdrawal caps that were irrelevant on a £500 / $650 payout suddenly shaping how long a £50,000 / $65,000 balance takes to leave. On the compliance side the Curaçao anti-money-laundering regulations of January 2025 that bind MyStake come into play: MyStake must carry out customer due diligence once your transactions reach NAf 4,000, roughly £1,700 / $2,200, calculated daily across every deposit and withdrawal since the MyStake account was opened. Where the threshold is reached because you want to withdraw, those regulations call for MyStake to freeze the account completely. Where MyStake judges the risk higher, enhanced due diligence follows, which is why MyStake asks for source of funds or source of wealth: savings, employment, a property sale, dividends, an inheritance, earlier gambling winnings. There is a backstop that binds MyStake. If the documents have not reached MyStake within 30 days of the threshold being reached, it must terminate the relationship, and absent a money-laundering presumption the funds are to be transferred to you. What to do while the MyStake clock runs is under Where you are playing from.

Where you are playing from

Four steps, in order, and they are the same wherever in the world you were playing from, because they attach to the MyStake Curaçao licence. Complain in writing to MyStake within six months of the incident (LOK Article 5.3: free, acknowledged within a week, answered by MyStake within four weeks, extendable once by four weeks). Escalate to alternative dispute resolution, which the LOK requires a licensee to offer at its own expense and which the Authority requires to be run by a provider holding its certification, and which the Authority expects to run no longer than 90 days from the referral; a licensee that has engaged no certified provider is in breach of that requirement rather than exempt from it. Send a copy of the complaint to complaints@cga.cw, knowing the Curaçao Gaming Authority cannot mediate or order compensation but does use complaints to supervise licensees such as MyStake. Then the Curaçao courts, which Article 5.5 requires a licensee to nominate in its gaming agreement and where a player’s claim against a licensee such as MyStake is enforceable.

If you are in the United States

No state regulator can take up a MyStake dispute, because MyStake holds no state licence and online gambling in the United States is regulated state by state, which leaves the MyStake account outside every state system. The August 2025 letter from 50 state attorneys general asked the Department of Justice to pursue injunctions, seize domains and work with payment processors against offshore sites such as MyStake; useful pressure, but not a refund route for a MyStake player. Log the MyStake dispute with your state attorney general or consumer protection office, then pursue the Curaçao route above against MyStake.

If you are in the EU

Whether an EU player has a domestic claim against MyStake depends on the country. In Austria the position on an operator like MyStake is settled: the OGH in 1 Ob 229/20p held that a provider without an Austrian concession acts unlawfully, its contracts are ineffective and the player is entitled to repayment of the stake, so an Austrian MyStake player has a recognised route. In Germany the Court of Justice of the EU (Case C-440/23, 16 April 2026) confirmed that EU law does not prevent a restitution claim for stakes lost with MyStake on games prohibited in the player’s home state, though that ruling concerned Malta-licensed operators rather than MyStake and the BGH’s lead decision (I ZR 216/25, hearing 17 September 2026) is pending, so a German MyStake claim is not yet settled law. The Dutch Supreme Court ruled on 3 July 2026 that contracts with an unlicensed operator such as MyStake are not automatically void, so a Dutch MyStake player has no automatic refund, only a possible claim against MyStake for mistake or in tort. For every other EU country the sourced route against MyStake is the Curaçao route above, the one attached to the MyStake licence.

If you are in Canada or Australia

From Canada or Australia the route against MyStake is the same offshore one, because the domestic bodies say so themselves. The AGCO in Ontario cannot get your money back and only assists with disputes about regulated sites, so not with MyStake; iGaming Ontario cannot settle bets, refund wagers or award compensation and has no legal relationship with unregulated operators such as MyStake; and the other provinces, which run government monopolies, give no route we could source against MyStake. In Australia the Interactive Gambling Act 2001 bans online casinos, ACMA accepts complaints about breaches, and it warns that Australian regulators cannot help if an illegal service withholds your winnings. Against MyStake, pursue the Curaçao route above.

If you are in the UK

In Great Britain any operator serving consumers needs a Gambling Commission operating licence regardless of where it is based, and MyStake does not hold one, so nothing in that framework binds MyStake. The consequences for a MyStake player are practical: GAMSTOP only covers GB-licensed operators, so a self-exclusion did not block MyStake; the ADR duty in the Commission’s licence conditions binds Commission licensees only, which does not include MyStake, and IBAS adjudicates only against operators registered with it, so no UK adjudicator can hear a MyStake dispute; and the Commission itself says it has no power to resolve individual complaints or recover money from MyStake, though it takes reports of unlicensed sites at intelligencereports@gamblingcommission.gov.uk. The route that does reach MyStake is the Curaçao route above, the one attached to the MyStake licence.

Sources

  1. gamingcontrol.spin-cdn.com: Curaçao Gaming Authority online licence register, 3 September 2026 edition (v2 dataset), matched 16 September 2026: row OGL/2024/250/0115, GTW B.V., status Assessment in progress
  2. gamstop.co.uk: GamStop About page read 16 September 2026: registering blocks the user from accessing gambling websites and apps licensed in Great Britain, which is the limit of the scheme's reach
  3. casinolandia.com: Corporate group (Santeda International B.V., reg. 151296) and brand portfolio including MyStake
  4. next.io: MyStake now under GTW B.V. on CGA licence OGL/2024/250/0115; former Santeda licence reported expired pending renewal
  5. gamblingnews.com: GAMRS allegations: MyStake ~£1.2bn turnover estimate, 64.8% UK traffic, GamStop-breach testimony
  6. gamblingcommission.gov.uk: UK Gambling Commission public register: previously recorded, not re-read this session. No MyStake, GTW B.V. or Santeda International B.V. entry is held on this file
  7. gamblingnews.com

How we verified this: the MyStake file draws on Curacao Gaming Authority (CGA) records, licence registers and attributed player reports, checked as our editorial standards describe.

FAQ

Common questions about MyStake

Can I get my money back from MyStake?

Possibly. MyStake is licensed in Curaçao, outside the UK system, so no UK adjudicator can order a refund. Recovery instead works through the operator's own complaints process, the evidence your payment history supports, and where appropriate a regulated legal partner. The right route depends on your evidence, and our initial assessment is free and confidential.

"Legit" needs unpacking. MyStake holds licence OGL/2024/250/0115 and is recorded as licensed under Curacao Gaming Authority (CGA). Our file records 2 documented items about MyStake, set out above with their sources. No UK Gambling Commission licence is recorded for it, so GamStop and the UK dispute framework do not apply, which matters more than any review score if something goes wrong. A licence is not a promise that players are treated fairly. You can verify a Curaçao licence yourself against the CGA's official register with our free licence checker.

MyStake is operated by GTW B.V., licensed in Curaçao, under licence OGL/2024/250/0115. It is recorded as licensed under Curacao Gaming Authority (CGA). This licence sits outside GamStop, so a GamStop self-exclusion does not block accounts held under it.

MyStake is not open to UK players on the record on this file. T&Cs list the United Kingdom as restricted; the GAMRS report nonetheless put UK players at 64.8% of MyStake traffic and alleged marketing to GamStop-registered individuals. The licence in force when you played is what shapes the routes open to you.

Our research records 1 regulator or court action and 1 reported allegation for MyStake, each with its issuing body and a source you can check. A listing is a record, not proof of wrongdoing, and every case turns on its own evidence.

Preserve the evidence first: screenshot your balance, the stuck withdrawal, chat transcripts and emails, and save the terms as they read today. Then make one formal written complaint and escalate to the right authority or a regulated legal partner. Avoid closing the account or accepting a partial settlement before you have taken advice.

No. Nothing is sent to any operator without your written consent. The first an operator hears of your case is a formal complaint you have approved.

Is MyStake holding your money?

The sooner the evidence is preserved, the stronger the file. Our initial assessment is free and strictly confidential.

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