An online casino under a Curacao licence reported as revoked, with a very low 1.6/5 Trustpilot rating and reports of an operator insolvency
Not available lawfully hereIs Fezbet legal in Sri Lanka?
No. Real-money gambling is banned in Sri Lanka. Under Sri Lanka's Gambling Regulatory Authority Act of 2025, in force since 1 December 2025, in force since 2025, Fezbet cannot lawfully offer you a welcome bonus here, and you cannot lawfully claim one.
Sri Lanka legalised online betting rather than banning it - but only through operators licensed by the new Gambling Regulatory Authority, which took effect on 1 December 2025 and was intended to be fully operational by 30 June 2026. A licence from the Director-General is mandatory, applicants must be companies registered under Sri Lanka's Companies Act, and a specific digital gambling licence is required to operate online. The other half of that law is why you see no offer here: unlicensed offshore betting sites are explicitly illegal, and the Authority can block them and penalise both the operators and anyone promoting them. We cannot evidence that the operators we cover hold a Sri Lankan digital gambling licence, so we will not point you at one as though we could. If you are in Sri Lanka, check the Authority's own list of licensees rather than trusting any affiliate site, including this one. (Sources cite the Act as both No. 16 and No. 17 of 2025; we report that discrepancy rather than guess which is right.) source
Any Fezbet bonus you see advertised for Sri Lanka is offered from an offshore site operating against local law. Your payments can be blocked, your account can vanish with a mirror domain, and no Sri Lanka regulator can help you recover funds. We therefore show no offer and no sign-up link on this page. See every licensed betting site in Sri Lanka →
Pros
- Large game library (roughly 1,800+ titles)
Cons
- Curacao licence (OGL/2023/103/0067) reported as Revoked
- Operator Rabidi N.V. reportedly declared insolvent in 2024
- Very low 1.6/5 Trustpilot rating with 199 reviews citing withdrawal failures and account closures after wins
- Extensive further complaint documentation on AskGamblers and Casino.guru
- No locally regulated welcome bonus in Finland - offshore and unlicensed there
Our verdict
We want to be very direct about Fezbet: its Curacao licence is reported as revoked, its operator Rabidi N.V. is reported to have been declared insolvent in 2024, and it carries a very low 1.6/5 Trustpilot rating with recurring complaints of withdrawal failures and account closures after wins. A subsequent, unconfirmed registry change removing the operator from the revoked-licence list does not resolve these concerns for us. Given the reported licence revocation, insolvency, and consistently poor independent consumer feedback, we'd recommend strong caution with Fezbet and suggest looking to properly licensed, currently solvent alternatives instead.
How we rated it
Sportsbook & casino (36%)3
Lists roughly 1,800+ games, but this offering sits behind a licence reported as revoked and an operator reportedly declared insolvent.
Bonuses & value (18%)2.5
Advertises a 100% up to EUR500 plus 200 free spins welcome offer in some markets (30x deposit+bonus rollover, 40x on spins), but no locally regulated welcome bonus is available in Finland, where the offshore operator is unlicensed under the state Veikkaus monopoly.
Support & reliability (18%)1
A very low 1.6/5 Trustpilot rating from 199 reviews with recurring complaints of slow withdrawals, failed cash-outs, and account closures after wins; AskGamblers and Casino.guru document further deposit/account/bonus complaints.
Trust & licensing (27%)0.5
Curacao licence OGL/2023/103/0067 reported as Revoked, with operator Rabidi N.V. reportedly declared insolvent in 2024 - a serious, direct trust concern, not a routine licensing gap.
Quick facts
| Owner/licence | Rabidi N.V.; Curacao licence OGL/2023/103/0067 reported as Revoked |
| Insolvency report | One source states Rabidi N.V. was declared insolvent in 2024 after the licence revocation |
| Trustpilot | Very low 1.6/5 rating from 199 reviews; recurring complaints of slow withdrawals, failed cash-outs, and account closures after wins |
| Registry status update | Curacao Gaming Authority has since removed Rabidi N.V. from its public register of revoked licences - an unresolved, unconfirmed development |
| Sri Lanka | Live offer: 100% up to EUR500 + 200 free spins; 20 EUR minimum deposit; 30x rollover (deposit+bonus), 40x on spins |
| Finland | No locally regulated welcome bonus - Finland is a state monopoly (Veikkaus); Fezbet operates offshore and unlicensed there |
How we verified this
Depth of research: shallow. This review rests on a single source, often the operator's own website, so treat its rating as a first impression rather than a verified assessment. We flag it because you cannot tell from the page otherwise.
The operator name (Rabidi N.V.), Curacao licence number (OGL/2023/103/0067), and its revoked status are read from independent search-result coverage citing official Curacao certification. The 2024 insolvency claim, the Trustpilot 1.6/5 rating with 199 reviews, and the AskGamblers/Casino.guru complaint documentation are read from independent sources. The subsequent removal from the Curacao revoked-licence register is reported as an unresolved development, not confirmed reinstatement.
Where Fezbet is licensed
Fezbet appears on the official register in 2 countries. Highlighted countries have a full local review — pick yours for its welcome bonus and licence details.
Europe (1)
Asia (1)
About Fezbet
Fezbet is an online casino operated by Rabidi N.V., and we want to name a serious matter directly rather than soften it: its Curacao licence (OGL/2023/103/0067) is reported by independent sources as Revoked, and one source states the operator was declared insolvent in 2024 following that revocation. It carries a very low 1.6/5 Trustpilot rating from 199 reviews, with recurring complaints of slow withdrawals, failed cash-outs, and account closures after wins, plus further complaint documentation on AskGamblers and Casino.guru. We note the Curacao Gaming Authority has since removed Rabidi N.V. from its public register of revoked licences, a development we could not independently confirm as a genuine reinstatement, and we report it as unresolved rather than a clean resolution. Fezbet lists roughly 1,800+ games and targets several markets, including Sri Lanka (currently showing a live welcome offer) and, offshore and unlicensed, Finland.