An objective consideration by gambling specialist Bonuslots Casino Review
BetChan Casino is an online casino that we would like to go into. Why? BetChan is part of a larger organization that includes several casinos. BetChan is an online casino known for a considerable range of games. The online casino itself indicates that it has more than 2000 casino games. So, we’re curious about BetChan. But: In this BetChan Review, we are not so much into the range of games. In this case, we will go a little further. We’ll go into the organization behind BetChan, and the company’s history.
Why an in-depth review of BetChan Online Casino? We believe that it is interesting for every gambler to know the online gambling market fully. That means that we take a closer look at all types of online casinos. In BetChan’s case, that’s no different! Among other things, we discuss the following topics:
- What is the history of BetChan?
- Which company is BetChan Casino part of?
- Is there any remarkable info to find about BetChan?
- What are BetChan’s Known Numbers?
- Does BetChan ever come in the news?
Hopefully, you’ll be a little wiser about what’s going on in the online casino world again with this review. And let’s start from the beginning: the history of BetChan.
Read on, we are happy to explain our ratings.
The story of BetChan Casino officially begins in 2008, with two handsome minds gathered in 2008: Ivan Montik and Dmitry Yaikau. Both are from Belarus. At its establishment, the company’s goal was:
“Delivering software development and payment solutions for the online gambling industry.”
In principle, SoftSwiss has thus focused on software-related matters. In 2013, SoftSwiss also partly focused on cryptocurrency, by the way. But: Ivan and Dmitry business more in the gambling industry. Because what would be better than exploiting the games of chance yourself? A logical next step was to become active as a provider yourself. SoftSwiss, therefore, started with Direx N.V. and N1 Interactive Limited.
Direx N.V. holds a gambling license in Curacao and has housed several online casinos. Think of:
- Megaslot.io Casino
- Sunpura Casino
- Wildtokyo Casino
- Slotvibe Casino
N1 Interactive Limited obtained a license for online Gambling in Malta. Among these, several online casinos were also established:
And, as you probably feel coming, BetChan Casino! BetChan Casino was founded in 2015 under the wings of N1 Interactive Limited. BetChan is known as one of the better brands under N1 Interactive and Spinia, Bob Casino, and SlotWolf Casino.
Remarkable information about BetChan
First of all, it may be interesting rather than remarkable, but BetChan has tested all casino games according to the eCOGRA method. This was done after there was some criticism of BetChan casino, especially in reliability. The eCOGRA method offers an indication that the games run fair and safe. And is this a reliable method? We think so. Ecogra is in possession of the ISO/IEC 17020:2012, ISO/IEC 17021-1:2015, ISO/IEC 17025:2017, and the ISO/IEC 17065:2012. These are internationally recognized standards, including in the context of information security.
In addition, not so remarkable, but interesting is that BetChan works with several quality slots and live games providers:
- Evolution Gaming
- Pragmatic Play
- Scientific Games
Known figures about online casino BetChan
At least we know that BetChan was founded in 2015. We also know that the online casino for slots has RTPs of around 96.21%. In addition, we know that BetChan falls under N1 Interactive, which again falls under SoftSwiss. From SoftSwiss, we know the following:
- About 800 people are working at SoftSwiss;
- Annual turnover usually exceeds 200 million euros;
- The company has been around since 2008.
BetChan in the news
SoftSwiss (which includes N1 Interactive and, therefore, BetChan) is often in the news. For example, it became known in 2021 that SoftSwiss has expanded operations to Poland and Georgia. On February 28, 2021, it was also announced that SoftSwiss was expanding to the African continent. SoftSwiss was awarded Sigma in the same year, and a deal was concluded with ORYX Gaming. Perhaps not necessarily telling, but this obviously indicates that SoftSwiss is working on the road. By the way, we know that SoftSwiss has not lost its position due to COVID. The company is doing well, and therefore a lot of investments are made.
In July 2021, it was announced that the Dutch Gaming Authority had fined BetChan €500,000. This fine was relatively high (usually, the Dutch gambling authority holds fines below €450,000). The basic reason was the unlicensed targeting of Dutch players. The increase had to do with impossible bonus conditions and an inactivity fee (so you pay money if you don’t gamble on your account for a while).
Although N1 Interactive and SoftSwiss have indicated that they disagree with the fine (according to them, they operate entirely legally under Maltese license), an IP blockade was set for Dutch people immediately afterward.
Sponsored by BetChan
BetChan is a white label casino that falls under a great gaming device. BetChan itself is not sponsoring any initiatives at the moment.
What is BetChan best known for?
BetChan is known for the big organizations above it. BetChan is an N1 Interactive Limited white label casino that falls under gambling giant SoftSwiss Gaming. BetChan is also known for huge bonuses, often involving some spicy bonus conditions. In addition, we know BetChan from a solid range of games (allegedly more than 2000 different casino games).