A bombshell whistleblower report has unveiled the deep ties between SoftSwiss, an online gambling technology company, and a sprawling illegal gambling operation targeting the Netherlands. RevDuck, the affiliate network behind casinos like Holyluck, Trueluck, and Kokobet, has been using SoftSwiss’s platform to skirt Dutch regulations, evade penalties, and launder money through rotating Costa Rican shell companies. With SoftSwiss’s key figures—founder Ivan Montik, CEO Pavel Kashuba, and former executive Maksim Trafimovich – at the center of the operation, the company’s complicity in this illegal activity is clearer than ever.

Key Revelations:

• RevDuck’s Shell Game: The RevDuck network operates casinos using shifting Costa Rican entities, relying on SoftSwiss’s Affilka platform to stay under the radar of regulators.

• KSA Fines and Penalties: The Dutch gambling authority (Kansspelautoriteit) has slapped massive fines, including €840,000, on offshore operators like Booms.bet—connected to the same shell companies as RevDuck’s brands.

• SoftSwiss’s Central Role: SoftSwiss’s platform, including its integrated payment processing system, facilitates these illicit operations, with Ivan Montik’s connection to the crypto payment processor CoinsPaid and Pavel Kashuba’s leadership of Affilka directly involved.

• Geo-Evasion and Market Targeting: Holyluck and Trueluck are intentionally tailored to Dutch players, employing geo-blocking tactics to evade Dutch ISP restrictions and keep attracting customers.

The Corporate Shell Game: A Study in Evasion

RevDuck’s strategy is a masterclass in corporate obfuscation. The network rotates between several Costa Rican shell companies—Zephyr Holding SRL, Sapphire Summit SRL, Gem Limitada, and Yakadea SRL—to disguise its ownership structure. Each time a Dutch user attempts to access Holyluck.com, they are redirected to holyluck2.com, which displays a different shell company, Gem Limitada. Similarly, Trueluck and Kokobet employ similar geo-redirection and shell switching, ensuring that Dutch regulators and payment processors are kept in the dark.

This corporate trickery mirrors the tactics used by Booms.bet, a site fined €840,000 by KSA for operating illegally in the Netherlands. Both Booms.bet and RevDuck share the same registration number—3-102-903325—tied to Sapphire Summit SRL, which further highlights the deliberate attempt to evade enforcement.

SoftSwiss: The Key Enabler of Illicit Operations

SoftSwiss isn’t just a passive service provider—it’s actively fueling the illegal operations of RevDuck. Through the Affilka platform, SoftSwiss provides the affiliate tracking, payment processing, and reporting systems necessary for these casinos to thrive. While SoftSwiss markets itself as a B2B platform provider, it’s clear that the company plays a far more dangerous role: enabling a network of unlicensed casinos to operate in banned markets.

Ivan Montik, SoftSwiss’s founder, has long been involved in the world of crypto payments. His company, Dream Finance OÜ, operates CoinsPaid, a payment processor widely used by RevDuck. Montik’s connection to illegal gambling operations is no longer in question. His involvement in CoinsPaid and SoftSwiss’s ecosystem underscores his role in facilitating financial transactions for RevDuck’s illicit casinos.

Pavel Kashuba, the CEO of SoftSwiss, is the mastermind behind the company’s expansive role in the gambling ecosystem. Under his leadership, SoftSwiss has made its platform the go-to choice for unlicensed casinos like those operated by RevDuck. Affilka’s capabilities—payment processing, affiliate tracking, and financial reporting—are the backbone of RevDuck’s entire operation. Kashuba’s stewardship of SoftSwiss has allowed RevDuck to circumvent the regulatory frameworks that would normally shut down these illegal casinos.

Maksim Trafimovich, a former SoftSwiss executive, also played a critical role in building the infrastructure that supports these operations. Trafimovich was instrumental in integrating payment solutions and setting up strategic partnerships with affiliate networks, which continue to support RevDuck’s illegal activities. His involvement in SoftSwiss’s early growth laid the groundwork for the company’s current operations, including its ties to criminal networks.

SoftSwiss’s Role in Money Laundering

SoftSwiss’s integration with various payment processors, including CoinsPaid and MiFinity, raises serious concerns about money laundering. These payment services allow RevDuck to process deposits and withdrawals for its illegal casinos without attracting regulatory attention. CoinsPaid, co-founded by Ivan Montik, has become a key component of RevDuck’s money-laundering strategy. The crypto-based payment system ensures that transactions can be conducted anonymously, making it easier for illegal gambling networks to launder funds.

Moreover, SoftSwiss’s ability to provide integrated payment solutions, including Visa, MasterCard, Bitcoin, and Revolut, further strengthens its position as the central hub for RevDuck’s financial operations. This extensive payment infrastructure allows RevDuck to maintain its illegal operations without alerting regulators or financial institutions.

Targeting the Netherlands: SoftSwiss’s Unlicensed Gamble

Despite the clear legal prohibitions against unlicensed gambling in the Netherlands, SoftSwiss has helped RevDuck specifically target Dutch players. Trueluck and Holyluck feature full Dutch-language localization, tailored payment methods, and marketing materials that appeal to the Dutch market. In fact, RevDuck’s internal communications reveal that they view the Dutch market as a prime target for their illegal casinos, with Trueluck promoted as “the best online casino in the Netherlands.”

RevDuck’s use of geo-blocking and redirects to sites like holyluck2.com shows a deliberate effort to bypass the KSA’s restrictions. These tactics ensure that Dutch players remain able to access and gamble on SoftSwiss-powered sites, despite the legal prohibitions.

The Bigger Picture: SoftSwiss’s Continued Support for Illicit Gambling

The RevDuck case is just one example of SoftSwiss’s broader role in the world of unlicensed gambling. The company’s platform, powered by Affilka, allows illegal casinos to flourish across jurisdictions, sidestepping regulatory oversight and continuing to profit from illicit activities. With SoftSwiss facilitating the entire operation—from affiliate tracking to payment processing—it’s clear that the company is more than just a neutral technology provider. It’s actively aiding and abetting illegal gambling operations.

Conclusion: Time to Hold SoftSwiss and Its Executives Accountable

The evidence is overwhelming: SoftSwiss is deeply complicit in the operation of illegal gambling networks, and its key executives—Ivan Montik, Pavel Kashuba, and Maksim Trafimovich—are directly responsible for enabling these operations. Through their involvement in providing affiliate platforms, payment processing, and financial infrastructure, they have played a pivotal role in facilitating these illegal activities.

As regulators around the world take a closer look at SoftSwiss’s role in the gambling industry, they must recognize the company’s active participation in this criminal network. Ivan Montik, Pavel Kashuba, and Maksim Trafimovich must be held accountable for their actions, and SoftSwiss should be investigated for its role in enabling one of the most sophisticated and widespread illegal gambling operations in Europe.