Lucky Pays Is it Legit?

Lucky Pays: Is it legit?

LuckyPays belongs to Igloo Ventures SRL and, as cold as Igloo may sound, the company is registered in Costa Rica. They have a license from the ‘Government of the Autonomous Island of Anjouan', Union of Comoros, and transparently share its number — ALSI-1423 l 1005-FI2. This is legal in front of all the compliance checks, but that's its main forte, and customer protection isn't. Still, even if Anjouan isn't the best of the best in the gambling licensing world, it's still considerably better than a site with 0 licensing or quality assurance.

On the front of security procedures, LuckyPays seems to take some measures to protect its players. The compliance here is well-maintained for the most part, with the regular standards for offshore casinos, that is. Your personal info and the money movements seem handled decently or above decently, and the verification process is thorough enough to boost their serious image. The Terms and Conditions are also well-written, which is reassuring, to an extent.

All in all, the Anjouan license isn't a poster child for top-tier regulation, but it's still good enough to help with following fundamental rules for fair play, safety, and legal procedures. So, if Lucky Pays seems like a place you really want to bet at, just make sure any potential negative outcome doesn't surpass your risk tolerance.

The Short Answer: Is Lucky Pays Legit?

This is a betting site for punters who don’t mind milder regulation and higher risk levels at the promise of an unforgettable betting session. Lucky Pays has a license and is transparent about its ownership, which is an awesome start, however, it’s not among the most stringent regulatory bodies that would look after your interests here.

Why Do We Think That?

• Freshly Debuted operator: Igloo Ventures SRL sounds cool and all, but it hasn’t been around for long enough that we could associate the casino with a certain reputation, style, or level of quality. Not that it’s a bad thing necessarily, but the boost of trust that immediately comes with a well-known name isn’t among the things this site can leverage to its benefit.
• Licensing and operator info disclosed: The fact that the site is readily transparent with who runs it and what type of legal gambling permit it works under, is generally a really positive sign Even if the disclosure of information isn’t enough to mean safety on its own, it’s a great start and a point many fraudulent sites never even reach.
• Costa Rica license: The Costa Rica license barely holds any weight when it comes to customer safety, let alone for an international player base. It is a legit license to some extent, however, it is light years behind permits like those issued by the UKGC or the MGA. In any case, treading carefully would be your best bet.
• Excellently written Terms and Conditions: Another good thing here is the fact that all terms and conditions are clear, and you can count on them in case you need to check something more than once. If the rules at a betting site aren’t clear or are missing altogether, it would be a red flag, but that isn’t the case here.