The Spanish publication Público, in collaboration with the Investigate Europe consortium, has released findings from the investigation titled The Soft2Bet Files. The report is based on leaked documents, financial reports, and sanctions imposed by the local regulator. Here are the key points highlighted by iGN:
Fines and Unlicensed Brands:
Since 2023, the DGOJ, Spain's gambling regulator, has fined brands associated with Soft2Bet a total of €15 million for operating without a license. The group has yet to pay these fines.
As of June 2024, the operator Andonio N.V. (Curaçao) managed 42 casinos accessible to Spanish players, while Rabidi N.V. operated 25 sites as of May 2023. Additionally, the Maltese company Novaforge Ltd owned 61 casinos and received a €5 million fine in 2025.
Among the brands linked to these operators are My Empire, Casinia, SpiNight, Malina, and Boomerang. The Boomerang site, which operates in the Spanish market, recorded 1.22 million visits in January 2026, with 98.66% of traffic coming from Spain, according to Similarweb.
A player from the Spanish self-exclusion registry RGIAJ reported to the publication that he lost over €20,000 on the group's sites and continues to receive bonus promotions daily. Both the regulator and fintech service Revolut did not respond to his complaints, while Mastercard refunded him €4,000.
Entering the Regulated Market:
In February 2024, the Maltese Globalix Holding, part of the Soft2Bet group, acquired the Bulgarian company Espanix EAD, which holds a Spanish license, for €612,500. However, this license expired five months after the deal.
In December 2024, the group purchased the Ceuta-registered company Iberix Gaming for €2 million, with the current CEO of Soft2Bet listed as its director. By June 2026, the company received five temporary licenses from DGOJ, covering blackjack, roulette, slots, and sports betting.
The group’s development studio, Brainrocket, opened an office in Valencia at the end of 2025 and relocated part of its staff there.
Diego Simeone, coach of Atlético Madrid, became the ambassador for the group’s brands Betinia and CampoBet in January. At the time of the deal, neither brand had a Spanish license, and they still do not. The Betinia site is currently only announcing plans to launch in Spain under a DGOJ license, while CampoBet remains unavailable for Spanish players.
A representative for Simeone stated that the coach allowed his image to be used only in countries where the company holds a license, and sites featuring his likeness operate with geo-restrictions. Simeone did not respond to inquiries from the consortium.
According to the investigation, the brands of the fined operators continue to accept Spanish traffic while Iberix and Betinia prepare for a licensed launch in the same market.