Tag: Stardust Global CCS

Following FinTelegram’s opening of the Stardust Global CCS Ltd / STAKES.com compliance investigation, Cyprus service providers McMillan Woods Cyprus Ltd and Dimitris Dimitriou / Polycon Services Ltd have denied any operational or payment-processing role. FinTelegram has updated its report and continues to seek whistleblower evidence on the alleged payment rails.

FinTelegram has received a detailed whistleblower submission and Cyprus corporate filings concerning Stardust Global CCS Ltd, BRB24 TECH N.V., and alleged STAKES.com payment flows. We are now calling on insiders, payment professionals, service providers, and affected players to submit evidence.

While testing deposit rails at the offshore casino Vegadream, FinTelegram found an unexpected handoff: selecting CoinsPaid opened a separate crypto payment page branded GammaG (gammag.ge). The pop-up instructed users to send USDT on the “Binance network” (BSC) to a specific address and displayed the merchant descriptor “STARDUST GLOBAL CCS LTD..

Online casinos are easily transferable digital assets. The transfer of Gammix Ltd's casinos to offshore operator Starscream Ltd raises serious questions about the continued illegal gambling activities in Europe. Despite massive penalties from the Dutch regulator KSA, Gammix appears to have simply shifted its operations offshore, where it continues to flout regulatory oversight facilitated by regulated payment processors.

As part of our “Follow the Money” research strategy, we look at online casino and gambling schemes and analyze the facilitating payment processors. We often discover FinTechs such as Revolut, MoonPay or Binance Pay, but also many open banking service providers such as Noda. We also discovered a number of facilitating payment processors at the online casinos of the Starscream Group in addition to illegal activities. Here is our review.