Review: Illegal Online Casino Atlantis Slots Facilitated by Continent Pay!

tamir
Thu, 20 Jun 2024 06:35:51 +0000
High-risk payment processors, Illegal gambling, Red Compliance, ticker, Atlantis Slots, CASHlib, Continent Pay, Continent Pay Network, Cryiptomy, Gery Shalon, Intelli Global, Letovio Holding, Neosurf, Pennytech Holding, Zenion Consulting

Atlantis Slots, operated by Pennytech Holding B.V. operates with a non-valid gambling license from Curacao. In our review, we found that Atlantis Slots is engaging in illegal operations within the European Economic Area (EEA). Despite its lack of regulatory permission in these regions, Atlantis Slots continues to offer online casino and gambling services, facilitated by payment processors Continent Pay, Neosurf, Binance Pay, Sofort and CASHlib.

Cyprus as a Money Laundering Hub

Cyprus has emerged as a pivotal player in the international money laundering scene, especially since the onset of Western sanctions against Russia. The island nation has become a critical hub for Russian financial activities, facilitated by Cypriot professionals who establish companies registered in Cyprus to act as payment agents for online casinos, gambling, and trading operations. In this context, Letovio Holding Ltd, registered in Cyprus, acts as the payment agent for Atlantis Slots, enabling its operations across various jurisdictions.

Compliance Check

The company Pennytech Holding currently does not have a valid Curacao Gaming license. At least that’s what the online validator on June 19, 2024 says. The primary compliance issue with Atlantis Slots lies in its unauthorized operations within EEA jurisdictions.

The platform offers its games in English, German, French and Italian. The onboarding of players in these language regions is explicitly planned.

The platform’s activities in Europe are illegal due to the lack of appropriate regulatory approvals. This not only contravenes local gambling laws but also raises red flags about the legitimacy and transparency of its operations. The no longer valid license in Curacao and the illegal activities in the EEA jurisdictions raises two red compliance flags.

In addition, the review platform Casino Guru warns of Antlantis Slots‘ unfair practices and rates the gambling scheme with a safety index of 4.3 out of 10.

Facilitating Payment Processors

A critical aspect of Atlantis Slots’ operation is its network of payment processors, which facilitate illegal gambling activities:

1. Continent Pay: Based in Poland, Continent Pay (ContinentPay.com) is allegedly controlled by Israeli Gery Shalon, a convicted cybercriminal. The payment processor supports various payment methods including Neosurf, Klarna’s subsidiary Sofort, and Binance Pay for cryptocurrency transactions. The inclusion of Continent Pay in Atlantis Slots’ payment network raises substantial concerns given Shalon’s criminal background.

2. Zenium Consulting Ltd: this entity, registered in the UK as a digital marketing agency, is integrated into Atlantis Slots via the “MEGAGAMER” brand as a payment agent for deposits via Neosurf.

3. Intelli Global LTD: When deposits are made via Sofort, the payment agent identified is Intelli Global LTD, operating under the name TTVGAMES (TTVGAMES.com) and registered in London. This connection further complicates the compliance landscape for Atlantis Slots, introducing another layer of opaque operations.

4. Criptomy UAB: For transactions via Binance Pay, the payment agent is Criptomy UAB, the Lithuania-based operator of the crypto exchange Criptomy (criptomy.exchange). This Lithuanian entity’s involvement highlights the cross-border complexities and potential regulatory evasions employed by Atlantis Slots.

5. CASHlib: Additionally, customers can make deposits using an e-wallet service provided by CASHlib, adding another dimension to the network of payment facilitators supporting Atlantis Slots.

Key Data Atlantis Slots

Trading name | Atlantis Slots
Business activity | Online casino and gambling
Domain | www.atlantissyou.com

Related legal entities

Pennytech Holding B.V.
Letovio Holding Ltd (payment agent)
Intelli Global Ltd (payment agent)
UAB Criptomy (payment agent)
Zenion Consulting Ltd (payment agent)

Payment options

Credit/debit card
Bank transfer, e-wallet,
crypto

Payment providers

Continent Pay (Cashier)
Neosurf, Binance Pay,
Sofort, CASHLib

Authorization | No, Curacao license expired
Compliance rating | Red

Request for Information

In light of these findings, we urge anyone with information about Atlantis Slots‘ operators and payment facilitators to share it through our whistleblower system, Whistle42. Transparency and regulatory adherence are crucial in combating illegal online gambling operations and protecting consumers.