PayRate42 News logo

Gambling payment processor LuqaPay, Vera John, and GameSys Group rumors!

We have already reported several times in recent weeks on the high-risk payment processor LuqaPay. This is operated by Fortis LLC, which is registered in Georgia. LuqaPay is said to be the successor brand of BestPay Card. In addition, LuqaPay is said to be the main payment processors for GameSys Group's Vera & John online gambling platform in Japan. Rumors say that Vera John is about to be sold to Bally's.

We have already reported several times in recent weeks on the high-risk payment processor LuqaPay. This is operated by Fortis LLC, which is registered in Georgia. LuqaPay is said to be the successor brand of BestPay Card. LuqaPay is said to be the main payment processors for GameSys Group‘s Vera & John online gambling platform in Japan. Rumors say that Vera John is about to be sold to Bally’s.

For processing customer deposits via credit and debit cards and bank transfers for legal and illegal betting in Japan, Vera John is said to use LuqaPay. For bank deposits, for example, the Japanese company My Stage Ltd was established. Officially, this company is a jewelry dealer. However, the company’s bank accounts are also used to process bank transactions for Vera John.

In turn, My Stages Ltd has bank accounts with Japanese PayPay Bank (bank account no 5028937) and SBI Bank in Japan (bank account no 1525183) use.

There are currently rumors in the market that GameSys Group is selling the Vera & John brand and business to NYSE-listed U.S. gaming company Bally’s Corporation, an omnichannel provider of land-based gaming and interactive entertainment. GameSys and Bally’s announced their cooperation in April 2021 already.

To be continued, stay tuned! If you have relevant information on LuqaPay and its environment, we would be more than happy to receive it.

Share information with FinTelegram

Share:

More Posts

CyberRating Agency PayRate42 announced new compliance criteria for crypto firms

Attention: New Crypto Regulations Prompt New Compliance Criteria At PayRate42!

Cryptocurrencies have been gaining popularity in recent years, with many investors and businesses turning to them as a means of payment and investment. However, with the rise in use of cryptocurrencies, there has also been an increase in regulatory scrutiny. Recently, new crypto regulations have been introduced, prompting CyberRating agency PayRate42 to implement new compliance criteria.

Wise with impressive performance and confirmed Green Compliance rating

FinTech Wise with impressive performance! PayRate42 confirms Green Compliance rating!

PayRate42, the leading cyber rating agency, has recently updated the profile of UK-based fintech giant Wise, reaffirming its “Green Compliance” rating. This update follows Wise’s impressive half-year financial results, showcasing a substantial increase in profits and revenue, driven by favorable interest rates and a surge in customer engagement.

Dutch crypto exchange Bitvavo receives regulatory approval

Dutch Crypto Exchange Bitvavo Received Approval Of Austrian Regulator FMA!

Many experts and investors are preparing for the next crypto bull run expected before the halving in Q2 2024. The approval of US crypto ETFs is also expected, which should pump a lot of money into the crypto segment. Just in time for the expected take-off, the Dutch Bitvavo has received another regulatory license in Austria.

Update on payment processor NomuPay

Update On Payment Processor NomuPay

NomuPay is certainly one of the most interesting high-risk payment processors in Europe. Not because of its technology or its business, but because it has taken over important parts of the Wirecard business and allegedly also parts of the now closed Payvision. Here is an update.