Who owns Racebets?
As of : Racebets is owned by Betsson AB, the Swedish gaming group listed on Nasdaq Stockholm. The site footer names RaceBets International Gaming Limited in St Julian's, Malta, with Malta Gaming Authority licence MGA/CRP/108/2004. Racebets is a betting site with a focus on horse racing. Germany is one of its main markets.
| Ultimate owner | Betsson AB (listed (Nasdaq Stockholm: BETS B)) |
|---|---|
| Operating company | RaceBets International Gaming Limited, Malta |
| Licences | Germany — GGL MGA (MGA/CRP/108/2004) Ireland — Revenue (National Excise Licence Office) 1010277 |
| Products | Sports betting |
| Website | racebets.com |
| Also runs as | racebets.de |
| Sister casinos | 17 |
| Fines and actions | Racebets’s own company: 0 · whole Betsson AB group: 6 |
| Owner proof | verified |
| Last checked | 15 Oct 2026 |
In numbers
- Betsson AB owns 18 casino and betting brands (37 websites) in our data.
- 6 fines and regulator actions against the owner since 2020, about €2.4 million in total (converted to euros).
- Licensed in 2 countries: DE, IE.
Who is behind it
Betsson runs Betsson, Betsafe, NordicBet and around 20 other brands on its own Techsson platform. Its operations are largely in Malta. In 2020 it bought the consumer brands of Gaming Innovation Group, such as Rizk, Guts, Kaboo and Thrills. Betsson's own brand pages list Racebets.
Racebets also has a separate German site, racebets.de.
Licence and what it means for you
RaceBets International Gaming Limited is on the German GGL whitelist for horse betting. German rules apply to players in Germany, including a cross-operator monthly deposit limit, and OASIS self-exclusion covers all whitelisted sites. Irish Revenue lists the company as a remote bookmaker (1010277). The Malta licence was first issued in 2010. It does not replace the licence of your own country.
Licence records
| Regulator | Type | Valid | Check it |
|---|---|---|---|
| Germany — GGL | — | active | register |
| MGA MGA/CRP/108/2004 | corporate licence | 2018-08-01 – | register |
| Ireland — Revenue (National Excise Licence Office) 1010277 | Remote Bookmaker's Licence | active | register |
What each licence means, and self-exclusion
- What a GGL licence means · self-exclusion: OASIS
- What an MGA licence means
Sister sites
Racebets is the group's horse racing specialist. Its nearest sisters are the other betting brands: Betsson, Betsafe, NordicBet and Fuksiarz. Betsson AB has 17 other brands in our data. A self-exclusion at Racebets may not cover them; in Germany, OASIS covers all whitelisted sites.
17 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.
- Betssonbetsson.com
- Betsafebetsafe.com
- NordicBetnordicbet.com
- Betfirstbetfirst.be
Inkabetinkabet.pe
- Jalla Casinojallacasino.se
- StarCasinostarcasino.it
Rizkrizk.com
Gutsguts.com unknownKabookaboo.com unknown
Thrillsthrills.com- CasinoEurocasinoeuro.com
- Kroon Casinokrooncasino.com
- Triobettriobet.lv
Fuksiarzfuksiarz.pl- Betsson Brasilbetsson.bet.br closed
- Betsson Argentinabetsson.bet.ar
Does self-exclusion at Racebets cover its sister sites? · How national self-exclusion schemes work
Fines and regulator actions
No fine or action in our data names RaceBets International Gaming Limited or Racebets. We hold none from Germany's GGL, the Malta Gaming Authority or Irish Revenue against it. The wider Betsson AB group has 6 entries, half of them from Sweden's Spelinspektionen against other group companies.
All 6 fines and regulator actions, with sources
None of these 6 names Racebets’s own company; they concern other companies of the Betsson AB 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.
| Date | Company | Regulator / court | Amount | Reason |
|---|---|---|---|---|
| 2025-11-26 | BS Nordic Ltd | Spelinspektionen (Sweden) | — | Remark and order over consumer information duties (Betsafe). source |
| 2025-06-02 | Betsson Nordic Ltd | Spelinspektionen (Sweden) | SEK 6,500,000 | Customer due-diligence (AML) failures; warning. Upheld by court. source |
| 2025-02-04 | Premiere Megaplex, PLC | Spain — DGOJ | EUR 75,000 | Used technical systems that were not approved, e.g. moving gambling data to a new data centre without approval. Nominal fine €125.000; reduced to €75.000 after the firm admitted liability and paid early. Case ES/2025/006; DGOJ lists it under 2025. source |
| 2022-08-02 | Lošimų strateginė grupė, UAB (Betsafe) | Lithuania — LPT | EUR 25,000 | Advertising breach: promotional newsletter sent to about 10,400 customers (date is the report date). source |
| 2022-04-06 | BML Group (Betsson) | Norway — Lotteritilsynet | — | Notice that a daily coercive fine was being considered for marketing gambling to Norwegians without a licence. source |
| 2020-06-08 | Betsson Nordic Ltd | Spelinspektionen (Sweden) | SEK 20,000,000 | Warning and fine for an unregistered gaming agent and an unlawful bonus. source |
About Betsson AB
Swedish-listed multi-brand operator running Betsson, Betsafe, NordicBet and around 20 other brands on its own Techsson platform. It bought Gaming Innovation Group's consumer brands (Rizk, Guts, Kaboo, Thrills) in 2020. Strong presence in the Nordics, Baltics, Italy and Latin America.
Headquarters: Sweden (operations largely in Malta) · Founded: 1963 · Ownership: listed (Nasdaq Stockholm: BETS B)
How we know, and what we could not confirm
How we know: Listed on Betsson Group's own brand pages. Site footer names RaceBets International Gaming Ltd (St Julian's, Malta), MGA licence MGA/CRP/108/2004 (first issued 2010); Irish Revenue also lists it as a remote bookmaker (1010277).
- We have no company registration number for RaceBets International Gaming Limited.
Betsson AB sister sites, fines and sources →
Ratings elsewhere
- Trustpilot: read the reviews there
Ratings from other websites, with their source. We do not copy their reviews, and they do not change our facts.
Often compared
- Are Betsson and Racebets owned by the same company? Yes, both are owned by Betsson AB.
- Are Betsafe and Racebets owned by the same company? Yes, both are owned by Betsson AB.
- Are NordicBet and Racebets owned by the same company? Yes, both are owned by Betsson AB.
Questions and answers
Who owns Racebets?
Betsson AB, listed on Nasdaq Stockholm.
Is Racebets licensed?
Yes. RaceBets International Gaming Limited holds MGA licence MGA/CRP/108/2004 and is on the German whitelist for horse betting.
Is Racebets related to Betsson?
Yes. Betsson's own brand pages list Racebets.
Is Racebets legit?
Racebets is run by RaceBets International Gaming Limited, which holds 3 licences, including from GGL (Germany) and MGA. Check the licence in the GGL licence register. Its owner is Betsson AB, a listed company. Fines and regulator actions against Racebets’s own company: 0; against the whole Betsson AB group: 6. Sister sites with the same owner: 17. Guide: How to check a casino. We do not rate sites. A licence from your country’s regulator is the main protection.
What are Racebets’s sister sites?
Racebets has 17 sister casinos with the same owner, Betsson AB: Betsson, Betsafe, NordicBet, Betfirst, Inkabet and 12 more. Full list: all Betsson AB sister sites.
Sources
- https://www.betssongroup.com/
- https://betssongroup.com/about-us/products-and-brands/
- https://web.archive.org/web/2025/https://www.racebets.com/en/
- https://www.revenue.ie/en/corporate/documents/statistics/excise/register-licensed-remote-bookmakers.pdf
- https://www.gluecksspiel-behoerde.de/de/fuer-spielende/uebersicht-erlaubter-anbieter-whitelist
Last checked 15 Oct 2026. Review text checked against our data on 19 Oct 2026. How we check facts. Gambling can be addictive. Help: BeGambleAware, GamStop, Gamblers Anonymous.