Who owns Betano?

As of : Betano is owned by Kaizen Gaming, a private gaming group founded in Greece in 2012. The Danish Betano site runs under Insipia Limited, a Malta company on the Danish regulator's licence list; our data marks that link as reported. Betano's Romanian site runs under Kaizen Gaming International Ltd, and its Ontario site under Kaizen Gaming Canada Inc.

Ultimate ownerKaizen Gaming (Betano) (private (founder-led); Allwyn (ATHEX: ALWN) holds 36.75% of the Betano business outside Greece and Cyprus)
Operating companyInsipia Limited, Malta
LicencesDenmark — Spillemyndigheden
ProductsCasino, Sports betting
Websitebetano.dk
Also runs asbetano.cz, ro.betano.com, betano.bg, betano.de, betanocasino.be, betanosports.be, betano.pt, betano.ca, betano.ng, betano.bet.br, betano.co, betano.pe, betano.mx, betano.bet.ar
Companies of the other sitesKAIZEN GAMING CZ LIMITED (betano.cz) · Czechia — Ministry of Finance
Kaizen Gaming International Limited (ro.betano.com, betano.bg, betano.pt) · Romania — ONJN Decizia nr.172 din 30.01.2017 · Portugal — SRIJ Licença n.º 017 · Portugal — SRIJ Licença n.º 018
Betkick Sportsbetting Limited (betano.de) · Germany — GGL
CASINOS AUSTRIA INTERNATIONAL BELGIUM (SA/NV) (betanocasino.be, betanosports.be) · Belgium — Gaming Commission A+ dossier 20000 VIAGE · Belgium — Gaming Commission
Kaizen Gaming Canada Inc. (betano.ca) · Canada Ontario — iGaming Ontario · Canada Alberta — AGLC
Kaizen Gaming Limited (betano.ng) · Nigeria Lagos - LSLGA
+4 more on the owner page
Sister casinos0
Fines and actions0
Owner proofreported
Last checked14 Oct 2026

Who is behind it

Kaizen Gaming runs Betano across Europe and Latin America. It holds a Romanian Class I licence through Kaizen Gaming International Ltd, a Malta company. Our data does not name Kaizen's shareholders.

Licence and what it means for you

Denmark is a strict regulator. ROFUS self-exclusion covers all sites with a Danish licence. An iGaming Ontario registration covers players in Ontario only. Betano also has country sites in Portugal, Germany, Belgium, the Czech Republic, Bulgaria, Nigeria and Latin America, each under its own licence.

Licence records

RegulatorTypeValidCheck it
Denmark — SpillemyndighedenBetting, Online casinoactiveregister

What each licence means, and self-exclusion

Sister sites

Betano is one brand in many countries. Our data also lists Betano Brasil, now closed, and Betano Argentina as country versions of Betano.

Fines and regulator actions

We found no fines or regulator actions against Kaizen Gaming or Betano in our data.

About Kaizen Gaming (Betano)

Greek-founded gaming group behind the Betano brand, operating across Europe, Latin America, Canada and Africa. It started in 2012 as Stoiximan; the Greek and Cypriot Stoiximan business is now fully owned by Allwyn, while Allwyn holds a 36.75% minority in Betano (bought from OPAP in 2022). Kaizen holds its Romanian Class I licence through Kaizen Gaming International Ltd (Malta).

Headquarters: Greece · Founded: 2012 · Ownership: private (founder-led); Allwyn (ATHEX: ALWN) holds 36.75% of the Betano business outside Greece and Cyprus

How we know, and what we could not confirm

How we know: Listed under Insipia Limited in the Spillemyndigheden licence list (domain betano.dk).

Ratings elsewhere

Ratings from other websites, with their source. We do not copy their reviews, and they do not change our facts.

Questions and answers

Who owns Betano?

Kaizen Gaming, a private group founded in Greece.

Is Betano licensed in Canada?

Yes, in Ontario. Kaizen Gaming Canada Inc. has an operating agreement with iGaming Ontario.

Has Betano been fined?

We found no fines in our data.

Is Betano legit?

Betano is run by Insipia Limited, which holds a licence from Spillemyndigheden (Denmark) for Betting, Online casino. Check the licence in the Spillemyndigheden licence register. Its owner is Kaizen Gaming (Betano), a private company. Fines and regulator actions against Betano’s own company: 0. Sister sites with the same owner: 0. Guide: How to check a casino. We do not rate sites. A licence from your country’s regulator is the main protection.

Sources

Last checked 14 Oct 2026. Review text checked against our data on 15 Oct 2026. How we check facts. Gambling can be addictive. Help: BeGambleAware, GamStop, Gamblers Anonymous.

How casino ownership works: the data

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