Who Owns Melbet

This sportsbook is making waves as one of Kenya’s best online betting platforms. With such success, many people are curious about the driving force behind the mega-successful sportsbook. In this blog post, we will take you behind the curtains and reveal who owns the platform, dig into where the corporation started, take a look at where it’s based, and give you a fascinating tour of its history. 

About Melbet

Melbet is a popular bookmaker offering its sportsbook and online gambling services. The sportsbooks feature 60+ sporting events and over 1000+ daily events so that Kenyan bettors will have betting options. The company also offers a selection of casino games that range from online slots to poker and blackjack. With more than a decade of experience in the market, it has been serving customers with the latest gaming technologies, ensuring an enjoyable user experience. To learn more, check out our detailed MelBet review.

Company History

Starting in 2012, the sportsbook has come a long way to establish itself as one of the leading brands in the online gambling industry. Over the years, it has gained a reputation for providing excellent gaming facilities to its customers, with the latest features available on the market. The online betting site partners with the top gaming providers and continues to blaze a path as an international leader in the industry. 

Key facts

Here are some critical facts about the gambling platform: 

• Founded: 2012
• CEO: Rostislav Kishenkov
• Services Offered: Sports betting, Lotteries, online casino, eSports betting and live betting
• Geographical Coverage: Nigeria, Ghana, Kenya, and many more!
• Parent Company: Turkia Ltd
• Oprations: Alenesro Ltd
• License: Kenya Betting Control and Licensing Board (BCLB) BK0000196
• Headquarters: Cyprus
• Employees: 200 – 500
• Software Providers: Microgaming, Red Tiger Gaming, Nent and others 

Owner of Melbet

The gambling hub is an international online gambling provider serving different countries. The company under which the platform is registered in Kenya is Gametosha Limited. However, we found some information about the international corporation behind the gaming hub during our research. 

Like finding a needle in a haystack, we found the company’s Crunchbase account. According to Crunchbase, the legal name of the betting site is Tutkia Ltd, and Alenesro Ltd operates it. The corporation has worked in the industry for many years and has a strong market presence.

Who Is the Owner and CEO?

The parent company of the gambling giant is Tutkia LTD. The company was incorporated on 28.09.2018, according to some sources. Finding the company’s CEO proved more difficult, but everywhere we looked, only one name kept coming up: Rostislav Kishenkov. However, we are still determining whether he is the Melbet owner or the CEO.

It is also noteworthy to mention that the ownership of the sportsbook has been tied to Mega Russian bookmaker 1xBet. However, we cannot confirm if this information is accurate or not. 

Headquarters

The parent corporation’s operations span multiple jurisdictions, but its operational headquarters is in Cyprus. 

Company address

The company address is located at Nikou Pattichi, 108, CONSTANTINIDES BUILDING, Floor 2, Flat/Office 201 3070, Limassol, Cyprus. 

Where is Melbet registered?

Melbet is a multinational gambling provider with registration and jurisdiction in many countries. Despite having its headquarters in Cyprus, the bookmaker is registered in Kenya under GAMETOSHA and a license from the Kenya Betting Control and Licensing Board (BCLB). 

Company’s Equity Capital

Finding precise information about the company’s equity capital proved very difficult. This means the corporation doesn’t file its equity publicly, which makes sense as the sportsbook is privately owned. According to Similar Web, the sportsbook generates annual revenue of $50.0M – $75.0M. Based on this assumption, the corporation has substantial financial standing and is a key player in the industry. 

Conclusion

We have come to the end of this deep dive into who owns Melbet despite the varying information about the ownership of the platform. We can say that the corporation is well-established in online betting. It offers many betting options, sports, and daily events. It also has a user-friendly website accompanied by a great mobile app. The company’s operation is legal under the Kenya Betting Control and Licensing Board (BCLB) BK0000196 and continues to attract a growing number of users in Kenya and worldwide. It is safe to conclude that the sportsbook is legit, and they are a good option for anyone looking to get into online gambling. Overall, the bookmaker is a reliable and trustworthy platform, and we recommend you check it out.

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