Lizaro Is it Legit?
Lizaro – Is it legit?
Lizaro operates under Sligo Limited, a company registered in Malta, which situates it within the EU’s regulatory and business environment. This registration already gives the platform a level of credibility and transparency that offshore brands often lack, as Maltese corporate records are public and subject to European financial oversight. The connection to the EU also suggests that Lizaro intends to follow recognized standards for player protection and operational integrity.
At this stage, the sportsbook is still waiting for its official gaming license. That pending status does not automatically disqualify its legitimacy but it does place Lizaro in a transitional phase, one where compliance structures are being finalized before formal approval. The company’s clear presentation of ownership and adherence to EU registration requirements indicate that it is preparing for full regulatory recognition. This will benefit bettors greatly, since Malta is a top destination for casinos and sportsbook platforms.
The same regulatory framework explains why Lizaro does not currently accept cryptocurrency payments. The Malta Gaming Authority (MGA), which is expected to license the platform, does not permit crypto transactions. This shows that Lizaro is already following MGA rules even before obtaining its official license. This adds a layer of trustworthiness.
Security Features
Lizaro’s payment environment is built around verified and secure options, ensuring that user funds move through established and traceable channels. Deposits and withdrawals are handled through systems that apply encryption by default, reducing exposure to third-party risks. The absence of cryptocurrency payments simplifies regulatory monitoring but limits flexibility for players who prefer digital assets.
The platform itself is protected by SSL encryption, the standard protocol for secure communication online. This technology protects personal and financial data from interception, which is especially important in betting transactions where sensitive information is exchanged frequently.
Fairness is maintained through games supplied by regulated developers that use certified Random Number Generator (RNG) systems. This prevents manipulation and ensures that every outcome, from slots to table games, is determined by chance rather than external influence.
Lizaro also includes responsible gambling measures, although they rely on direct contact with customer support. Players can request deposit limits, temporary breaks, or self-exclusion, but these features are not automated yet. It’s a functional, if basic, system that meets compliance expectations while leaving room for more user-friendly tools in future updates.
Lizaro Compared to Other Bookmakers
Bookmaker
Rating
Bonus
Min Deposit
Min Withdrawal
Payment methods
Licenses
Visit
Lizaro
100% up to €300
€10
€10
N/A
Restricted
100% up to €1000 + 100 Free Spins
€10
€25
N/A