FinTelegram's financial crime analysis team identified Igloo Ventures SRL (Costa Rica) as the parent company and ultimate beneficial owner controlling a network of 45+ cryptocurrency casino brands operating across multiple jurisdictions. Igloo Ventures seems to control MIBS N.V. (Curaçao), Atlantis Interactive SRL (Costa Rica), and Deep Sea Tech Ventures SRL (Costa Rica).
FinTelegram reviewed CryptoCasino.com and CoinKings.io, two “no-KYC” crypto casinos that appear operationally identical to MegaDice—including the same fiat-to-crypto deposit pattern via Changelly → Banxa and MoonPay. While casino aggregators often attribute these brands to MIBS N.V. (Curaçao), disclosures on the casinos’ own web properties point to Costa Rica entities.
By 2025, stablecoins have become the foundational payment infrastructure for a crypto gambling market generating $81.4 billion in annual revenue, a fivefold increase from 2022 levels. This investigation identifies the major platforms accepting stablecoins, examines their regulatory frameworks, and assesses the compliance and financial crime risks inherent in this rapidly expanding sector.