Payment Monitor: Payabl Facilitates Online Casinos Lucky Dreams And Bitdreams!

high-risk payment processor Payabl facilitates Lucky Dreams and Bitdreams
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Payabl (formerly PowerCash21), a payment institution regulated in Cyprus by the Central Bank of Cyprus, was founded by former Wirecard executives Dietmar Knoechelmann and Ruediger Trautmann. Payabl is a high-risk payment processor specializing in the porn and gambling industries. Payabl is also a payment facilitator for the online casinos Lucky Dreams and Bitdreams. The payment agents are the Cyprus-based Friolion Limited and Libergos Limited, respectively.

The Casino Clients

Lucky Dreams www.luckydreams.com) is owned and operated by Dama N.V., a company registered in Curacao with an E-gaming license No. 8048/JAZ2020-13 issued by Antillephone N.V. authorized by the government of Curacao. The payment agent is Friolion Limited, a wholly-owned Dama subsidiary registered in Cyprus. Deposits from Lucky Dreams customers are transferred to Friolion‘s accounts and wallets.

Bitdreams is owned and operated by Hollycorn N.V., a company registered in Curaçao and regulated by Antillephone N.V. wit license no. 8048/JAZ2019-015. The payment agent is its wholly-owned subsidiary, Libergos Limited, registered in Cyprus with registration number ΗΕ 371971 and registered address Boumpoulinas, 1-3, BOUBOULINA BUILDING, Flat/Office 42, 1060, Nicosia, Cyprus.

The Statistics

Similarweb statistics for Payabl for December 2022
Similarweb statistics for Payabl (Dec 2022)

According to Similarweb statistics as of December 18, 2022, around 30% of the incoming referral traffic to the Payabl website comes from Lucky Dreams (20%) and Bitdreams (10%), which is primarily visited by German and Austrian players. Payabl facilitated the two online casinos, for example, via SOFORT, a bank-based payment method that is well accepted in Germany. SOFORT is a company of the Swedish KLARNA Group.

In addition to gambling, Payabl continues to make much of its volume from the porn industry and clients such as xHamsterLive or StripChat.

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If you have any information about Payabl and its activities, please let us know through our whistleblower system, Whistle42.

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