Coolbet Payout Review
shield Independentacross 1 market
Coolbet pays out — but how reliably depends on your market. Below is the country-by-country record, audited on real withdrawals — not on who pays us.
Opens Coolbet’s official site · 18+ · play responsibly
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verified Independent — no operator pays for placement.
Payout record by country
corporate_fare Operator transparency
GAN Limited (wholly-owned subsidiary of Sega Sammy Holdings Inc. since May 2025, via Sega Sammy Creation Inc.)
Seamus McGill (CEO of GAN); Sega Sammy Group CEO: Haruki Satomi
Malta Gaming Authority (MGA); Estonian Tax and Customs Board (EMTA); Swedish Spelinspektionen. NOT licensed in Norway — operating illegally under Norwegian law. B2C licenses in Malta, Estonia, Sweden. B2B licenses in multiple US states + Ontario, Canada.
GAN total: not disclosed post-acquisition. Coolbet B2C is one division of GAN alongside GameSTACK B2B platform. Pre-acquisition GAN: ~$130M annual revenue (2023 10-K).
smart_toy Each market scored 0–100 from sourced data, then weighted. How we score →