Is Rakebit legit? What the documents show
The licence Rakebit names, ALSI-202602030-FI2, is in the issuing authority's own register with the status "Valid". Each check below names the document it was read from and the date it was read.
Is Rakebit legit?
Rakebit's Anjouan licence ALSI-202602030-FI2 is in the issuing authority's register, status "Valid". Its binding terms were read, and 4 contradictions with its own marketing are documented, 3 at high severity. Not verified: 6 points, listed below. The company named as operator is Nile King Media LTD. No deposit or withdrawal has been tested here.
Documents last checked Reviewed by CryptoGuardz Register Desk, editorial desk
Disclosure: CryptoGuardz has a commercial affiliate relationship with Rakebit. It does not affect this operator’s status or score, both of which are derived from the data below by the formula published at our methodology page. The scoring function never receives the partner flag.
What legit means on this register
The register does not certify casinos, and this page gives no yes or no. An operator is checked against documents: the licence it names is looked up in the issuing authority's own register, its binding terms are retrieved and read, its KYC and withdrawal clauses are quoted, on-chain deposit figures are cited where a third party publishes them, and its marketing pages are compared with its terms for contradictions.
The one figure that combines the checks is the payout index, computed by a published formula that never sees a commercial relationship. Rakebit scores 50/100 from 3 of 5 components. 18 of 24 operators on the register have a licence found in the issuing register. 0 of 24 have had a withdrawal tested by this register.
Checks and what we found
| Check | Finding | Source | Retrieved |
|---|---|---|---|
| Licence in the issuing register | Found: ALSI-202602030-FI2, status "Valid" | verification.anjouangamingboard.org | 2026-09-02 |
| Licence term | No end date recorded | not applicable | no data |
| Binding terms retrieved | Retrieved and read | rakebit.com | 2026-09-02 |
| KYC clause | ID required before any withdrawal | rakebit.com | 2026-09-02 |
| Withdrawal clause | Commits to a processing time | rakebit.com | 2026-09-02 |
| Contradictions between its pages | 4 documented, 3 at high severity | rakebit.com | 2026-09-02 |
| Withdrawal tested by this register | not measured | not applicable | no data |
| On-chain deposits, one month | not measured: no published figure for this operator | not applicable | no data |
| Provably fair documentation | None found on its own domain | rakebit.com | 2026-09-22 |
| Payout index | 50/100, from 3 of 5 components | Methodology | 2026-09-02 |
What a licence issued in Anjouan gives a player with a complaint is set out on the Anjouan licence page.
Who operates Rakebit?
Rakebit's documents name Nile King Media LTD as the operator, and the licensing register lists the licence under the same company.
| Operating company | Nile King Media LTDsource · 2026-09-02Company name and address match the issuing authority's own validator output. |
|---|---|
| Licence holder in the register | Nile King Media LTD |
| Issuing authority | Offshore Finance Authority of the State of Anjouan, via Anjouan Licensing Services Inc., under the Computer Gaming Licensing Act 007 of 2005source · 2026-09-02 |
| Company jurisdiction | Autonomous Island of Anjouan, Union of Comorossource · 2026-09-02 |
| Company number | 16272source · 2026-09-02 |
| Registered address | Hamchako, Mutsamudu, Autonomous Island of Anjouan, Union of Comorossource · 2026-09-02 |
Its documents also name other companies. Recorded as written:
- WOW TECH CO LIMITADA, incorporated in Costa Rica, named in the footer of the operator-run mirror rakebituk.io as owning rakebit.com and related rights
- Innovex Tech Holdings Ltd, Anjouan, named as the operator in a FinTelegram compliance report
What this page does not say
This register has not deposited at Rakebit or asked it for a withdrawal, so nothing here says whether or how fast it pays. 0 of 24 operators on the register have been tested. A licence found in a register shows the licence existed on the day the register was read. It does not show that the holder pays, or that the authority will act on a complaint. Nothing here is a recommendation to play at Rakebit.
The register lists these points about Rakebit as not verified:
- Year launched. The operator states 2024; not independently confirmed.
- Which of Nile King Media, WOW TECH CO LIMITADA or Innovex Tech Holdings is the controlling entity, and any transition dates.
- Bonus terms from the binding bonus policy, including max cashout and expiry.
- Support for more than 21 coins, and for XMR and ZEC specifically.
- FinTelegram's specific complaint figures.
- First-party withdrawal test. Not yet run.
Quick answers
Who owns Rakebit?
Rakebit's documents name Nile King Media LTD as the operator, and the licensing register lists the licence under the same company. The company details, with sources, are in the table above.
Does Rakebit have a licence?
Licence ALSI-202602030-FI2 is in the issuing authority's register with the status "Valid", read 2026-09-02.
Is Rakebit a scam?
This register calls no operator a scam and no operator safe. It publishes the checks above, and the contradictions on the Rakebit entry with their sources.