Who owns Optibet?

As of : Optibet is owned by Entain plc, the London-listed betting group behind Ladbrokes, Coral and bwin. Optibet came to Entain with its purchase of Enlabs. The Latvian site optibet.lv runs under SIA OPTIBET, company number 40003462947, which holds licence A-66; TI-01 from the Latvian regulator IAUI. Entain names Optibet in its own brand list.

Ultimate ownerEntain plc (listed (LSE: ENT))
Operating companySIA "OPTIBET", Latvia · reg. 40003462947
LicencesLatvia — IAUI A-66; TI-01
ProductsSports betting, Casino, Poker
Websiteoptibet.lv
Also runs asoptibet.se, optibet.ee, optibet.lt
Companies of the other sitesEnlabs Nordics OÜ (optibet.se) · Sweden — Spelinspektionen
Optiwin OÜ (optibet.ee) · Estonia — EMTA HKL000432 · Estonia — EMTA HKL000162 · Estonia — EMTA HKT000022 · Estonia — EMTA HKT000021
UAB Baltic Bet (optibet.lt) · Lithuania — LPT 0130 · Lithuania — LPT
Sister casinos33
Fines and actionsOptibet’s own company: 1 · whole Entain plc group: 9
Owner proofverified
Last checked14 Oct 2026

In numbers

  • Entain plc owns 34 casino and betting brands (67 websites) in our data.
  • 9 fines and regulator actions against the owner since 2019, about €715 million in total (converted to euros).

Who is behind it

Optibet came to Entain with Enlabs. Its Latvian company, SIA OPTIBET, also owns Ninja Global OÜ, the Estonian company behind Ninja Casino and Boost Casino. The top owner, Entain plc, is the former GVC Holdings and trades in London. Optibet offers sports betting, casino and poker and has sites for Latvia, Estonia, Lithuania and Sweden.

Licence and what it means for you

SIA OPTIBET is a Latvian company with an active licence from IAUI, the Latvian gambling regulator. Latvian rules apply to players on optibet.lv. The Estonian, Lithuanian and Swedish sites run under their own national licences. For Sweden, our data shows optibet.se under Enlabs Nordics OÜ; we have not checked the company for each other licence.

Licence records

RegulatorTypeValidCheck it
Latvia — IAUI
A-66; TI-01
—activeregister

Sister sites

Ninja Casino and Boost Casino sit below SIA OPTIBET in the group chain. For betting and poker, the nearest Entain matches are Crystalbet, bwin and partypoker. Entain has 33 other brands in our data. Optibet account limits do not carry over to these sites.

33 sister casinos

Same owner often means the same terms, the same support team and the same payout rules. A self-exclusion at one brand may not cover its sister sites.

Does self-exclusion at Optibet cover its sister sites? · How national self-exclusion schemes work

Fines and regulator actions

In June 2023 Lithuania's regulator fined UAB Baltic Bet (Optibet) €16,705. It found that website content and search adverts for Optibet encouraged gambling. That is the only action in our data that names Optibet. Across Entain our data lists 9 actions.

All 9 fines and regulator actions, with sources

1 of these 9 concerns Optibet’s own company; the others concern other companies of the Entain plc group. The company column names who was fined.

Fines from the 40 regulators, prosecutors and courts we track, online gambling only; fines against land-based casinos are out of scope. How we count fines.

DateCompanyRegulator / courtAmountReason
2025-01-23Betent B.V. (BetCity)Kansspelautoriteit (Netherlands)EUR 2,650,000Fine for duty-of-care failures toward young adults (18 to 23) with large losses; all 10 player files reviewed showed breaches. Decision of 23 January 2025, published 28 October 2025; the objection was rejected on 5 August 2025 and BetEnt has appealed to the court. source
2024-12-17Electraworks Ceuta, SASpain — DGOJEUR 217,200Let a person registered in Spain's gambling self-exclusion register (RGIAJ) play. Nominal fine €362.000; reduced to €217.200 after the firm admitted liability and paid early. Case ES/2024/208; DGOJ lists it under 2025. source
2023-12-05Entain plcCrown Prosecution Service / HMRC (UK DPA)GBP 585,000,000Deferred prosecution agreement for failing to prevent bribery in former Turkey-facing business (2011-2017), under GVC ownership; plus £20m charity and £10m costs. source
2023-11-30BetEnt B.V. (BetCity)Kansspelautoriteit (Netherlands)EUR 3,000,000Anti-money-laundering (Wwft) breaches: weak customer due diligence and transaction monitoring. source
2023-06-27UAB Baltic Bet (Optibet)Lithuania — LPTEUR 16,705Website content and search keyword ads for Optibet judged to encourage gambling (date is the report date). source
2023-04-20Betent B.V. (BetCity)Kansspelautoriteit (Netherlands)EUR 400,000Advertising aimed at young adults (date = trade press report). source
2022-08-17LC International Limited (ladbrokes.com, coral.co.uk, foxybingo.com)UK Gambling CommissionGBP 14,000,000Social responsibility and AML failures across 13 online sites; Entain paid GBP 17m in total including GBP 3m for its retail arm. source
2019-06-26ElectraWorks LimitedSpelinspektionen (Sweden)SEK 5,500,000Warning and fine for taking bets on matches with under-18 players. source
2019Ladbrokes Coral GroupUK Gambling CommissionGBP 5,900,000Earlier social-responsibility penalty package for Ladbrokes and Coral. source

About Entain plc

Formerly GVC Holdings, Entain owns Ladbrokes, Coral, bwin, partypoker and a long list of European, Australian and Canadian brands. It co-owns BetMGM in the US with MGM Resorts. It has paid the largest UK gambling penalties on record, including a £585m bribery-related deferred prosecution agreement.

Headquarters: Isle of Man · Founded: 2004 · Ownership: listed (LSE: ENT)

How we know, and what we could not confirm

How we know: Named in Entain's own brand list (2025 annual report / 2026 AGM notice). Came with the Enlabs acquisition (date not verified here).

Ratings elsewhere

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

Often compared

Questions and answers

Who owns Optibet?

Entain plc, through its purchase of Enlabs.

Is Optibet licensed?

Yes. SIA OPTIBET holds Latvian licence A-66; TI-01 from IAUI.

Has Optibet been fined?

Yes. Lithuania fined UAB Baltic Bet (Optibet) €16,705 in 2023.

Is Optibet legit?

Optibet is run by SIA "OPTIBET", which holds a licence from IAUI (Latvia, A-66; TI-01). Its owner is Entain plc, a listed company. Fines and regulator actions against Optibet’s own company: 1; against the whole Entain plc group: 9. Sister sites with the same owner: 33. Guide: How to check a casino. We do not rate sites. A licence from your country’s regulator is the main protection.

What are Optibet’s sister sites?

Optibet has 33 sister casinos with the same owner, Entain plc: Ladbrokes, Coral, bwin, Sportingbet, partypoker and 28 more. Full list: all Entain plc sister sites.

Sources

Last checked 14 Oct 2026. Review text checked against our data on 25 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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