Tag: iGaming

Cyprus Payment Agents Exposed: How Norvelic and Nominee Directors Power Offshore Anjouan Casinos Into the EU Payment System!

Compliance Reports Charlene Lensburg - March 23, 2026

Unlicensed offshore casinos increasingly hide behind Cyprus‑based “payment agents” that sit between players, dubious Anjouan or Curacao operators, and EU‑regulated banks and fintechs. Super Spin and Rolly Spin, allegedly run by Comentive LTD in Belize under a low‑credibility Anjouan license, explicitly use Norvelic Limited in Cyprus as their EU payment agent.

The Virtpay Vortex: How Half a Million High-Risk Transactions Are Laundered into Tier-1 Banks

Compliance Ben - February 25, 2026

Operating deep within the shadow-banking ecosystem, live.virtpay.net acts as a massive funnel for unauthorized offshore casino deposits. Our latest traffic analysis reveals a startling reality: this anonymous gateway processed over 550,000 transactions in just one month, seamlessly routing illicit funds from European consumers directly into mainstream acquiring banks and 3D-Secure networks.

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