Key Points
- Santeda International B.V. and GTW B.V., the Curaçao entities controlling MyStake, DonBet, GoldenBet, and Rolletto, were recently dissolved.
- UK gamblers placed over £3 billion in bets with this Georgia-headquartered operation throughout 2025.
- A forthcoming GAMRS investigation faced postponement following intervention from defamation specialists Carter-Ruck but will now publish this week.
- Following IGA Group’s resignation as director, an individual identified as Xianbo Wei assumed the position.
- These platforms have systematically pursued self-excluded users via “not-on-Gamstop” marketing while bypassing UK consumer safeguards.
A prominent player in Britain’s unlicensed gambling sector has shuttered its corporate entities mere days before investigators plan to release new findings.
The operation controls multiple offshore platforms such as MyStake, DonBet, GoldenBet, and Rolletto. For years, these websites have circumvented British licensing obligations.
NEXT.io reports that both Santeda International B.V. and GTW B.V., registered in Curaçao, underwent dissolution within the last seven days. These entities functioned as the primary legal vehicles for the gambling portfolio.
Throughout 2025, British customers reportedly staked upwards of £3 billion with this Georgia-domiciled operation. This substantial figure emerged through prior research conducted by GAMRS, a specialist gambling intelligence organization.
The timing of these corporate closures directly precedes a comprehensive GAMRS investigation scheduled to reveal additional operational details.
Investigation Publication Postponed Following Legal Intervention
Initial release plans were disrupted when GAMRS received correspondence from Carter-Ruck, a prestigious British firm specializing in defamation cases. GAMRS CEO Jordan Lea acknowledged the postponement via LinkedIn.
Publication is now anticipated within days.
The legal communication questioned elements of the forthcoming investigation. Despite this challenge, GAMRS has maintained its commitment to publishing the research.
An earlier GAMRS investigation examining this same operation generated significant attention across traditional media outlets regarding the operator’s UK market presence.
Corporate filings reveal that IGA Group, a corporate administration provider, previously served as director for both Santeda International and GTW. IGA Group has subsequently terminated this arrangement.
Following IGA Group’s departure, records now show Xianbo Wei, a Chinese-born individual, as the replacement director. Lea noted this pattern frequently occurs during Curaçao company closures.
“Whenever companies close in Curaçao, a low visibility director is placed on the company,” Lea explained to NEXT.io. “It is possible this points to Chinese ownership, but it is also likely a non-involved entity to obscure ownership.”
Marketing Campaign Focuses on Self-Excluded Users
The operation had previously transferred between different licensing arrangements this year. During February, these brands transitioned from Santeda-associated licensing to GTW-connected authorization.
These platforms have consistently utilized affiliate networks promoting “not-on-Gamstop” services. Such campaigns deliberately reach gamblers who have enrolled in Britain’s Gamstop self-exclusion system.
These websites lack the mandatory responsible gambling measures required of UK-licensed operators. Users of these platforms cannot access the consumer protections available through properly licensed alternatives.
The United Nations Office of Drugs and Crime has documented how numerous Southeast Asian gambling operations have relocated beyond the region recently. This migration follows escalating Chinese-directed law enforcement initiatives.
Sources informed NEXT.io during 2025 that a Chinese criminal syndicate engaged in online gambling relocated its base to Georgia. The upcoming GAMRS investigation will reportedly elaborate on the operation’s ownership arrangements and business practices.
