BMR Offshore Sportsbooks License info and Risk Assessment Report 2025-2026

Martin Green
November 30, 2025

This intelligence brief was prepared by the panel of experts at Bookmakers Review with decades of combined industry experience. As always, consider the rating of each company as listed in the sports betting sites rating guide.

BookMaker.eu

Core profile

Brand: BookMaker / Bookmaker.eu
Years in business: Traces roots to mid-1980s as one of the earliest offshore books taking U.S. action; widely cited as online since the 1990s.
Jurisdiction / license: Operates from Costa Rica, under that country’s gambling framework (Costa Rica does not have the same formal licensing regime as e.g. UKGC).
Reputation: Frequently rated in the top tier by watchdog and affiliate sites as a “sharp” book with high limits and early lines.

Government approvals & regulation

Costa Rica allows gambling businesses to operate if they are properly registered as companies and pay taxes, but it does not issue consumer-facing online gambling licenses in the way UK, Malta or New Jersey do.
Bookmaker.eu therefore operates as a legally registered Costa Rican business but not under a modern, robust independent regulator (no equivalent of UKGC / MGA oversight).

Location & contact

Operations are generally reported as being based in San José, Costa Rica; exact office addresses are not prominently listed on the public site (standard for many offshore books).
Public contact methods:
- 24/7 live chat and secure messaging from logged-in accounts.
- Email support (varies by department; typically support@-style addresses surfaced inside the cashier/account areas).
- Toll-free phone numbers are mentioned in some reviews but BookMaker itself pushes users toward live chat / secure forms.

BookMaker Domain & web presence

Domain: bookmaker.eu
Independent domain-history tools (WHOIS/domain age sites) indicate the .eu domain has been active for well over a decade, with the brand active online under different domains (e.g. earlier .com variants) since the 1990s.
SSL and basic web-security practices (HTTPS, TLS certificates) are in place.

Key operational notes

Target market: accepts many international and U.S. bettors (excluding a few U.S. states, per ToS).
Strengths reported publicly: high limits, early lines, loyalty program, “sharp” action welcome.

Risks: no U.S. or EU regulatory protection, dispute resolution is internal or via third-party watchdogs primarily through BookMakersReview.com.

BetOnline.ag

Core profile

Brand: BetOnline / BetOnline.ag
Years in business: Lineage back to 1991, with the “BetOnline” brand widely cited as active since early 2000s.
Jurisdiction / license: Commonly described as licensed and regulated in Panama, with operations and call-center infrastructure in both Panama and Costa Rica.

Government approvals & regulation

Panama has a formal gambling regulatory body (Junta de Control de Juegos); BetOnline is described in multiple profiles as operating under a Panamanian license.
Oversight standards are not as transparent as top-tier European regulators; consumer-facing enforcement history is not publicly detailed.

Location & contact

Business presence cited as Panama City, Panama, with some operational functions in Costa Rica.
Contact / support:
- Live chat from the website.
- Email (support@betonline.ag and dedicated finance/marketing emails).
- Phone: multiple toll-free and international numbers for wagering and customer service are listed on the “Contact Us” page.

BetOnline domain & web presence

Domain: betonline.ag
WHOIS-style tools show the .ag domain registered in the mid-2000s, aligning with the brand’s move to that URL; the company’s betting operations predate this domain.
Uses HTTPS and modern TLS certificates.

Key operational notes

Known for a large U.S. customer base, broad markets and aggressive promotions.
Crypto support (BTC, ETH, USDT, etc.) and fast crypto payouts are a major marketing hook.
Risks: no U.S. or EU regulatory protection, dispute resolution is internal or via third-party watchdogs primarily through BookMakersReview.com.

HeritageSports.eu

Core profile

Brand: Heritage Sports / HeritageSports.eu / Heritagesports
Years in business: Often traced back to late 1990s, with strong presence as a post-up book by early 2000s.
Jurisdiction / license: Operates from Costa Rica; like other CR shops, this implies corporate registration there but not “licensing” in the European sense.

Government approvals & regulation

Costa Rica’s business registration framework applies; there’s no dedicated national remote-gaming regulator that publishes license conditions or sanctions.

Location & contact

Commonly described as San José, Costa Rica-based operations.
Contact methods:
- 24/7 live chat within the site.
- Email and phone/wagering lines are available after login or via their “Contact” section, but not heavily promoted on public-facing pages.

Heritage Sports domain & web presence

Domain: heritagesports.eu
Public tools indicate the .eu domain has been registered for more than a decade, aligned with a longstanding online presence.

Key operational notes

Known for reduced-juice pricing, strong loyalty perks (including cash-back) and a “sharp-friendly” profile in many watchdog rankings.
Historically invitation-only for a period; now more openly marketed via affiliates, still positioned as a high-end shop.
Risks: no U.S. or EU regulatory protection, dispute resolution is internal or via third-party watchdogs exclusively through BookMakersReview.com.

Bovada.lv

Core profile

Brand: Bovada / Bovada.lv
Years in business: U.S.-facing spin-off from Bodog brand around 2011, with Bodog itself active since the 1990s.
Jurisdiction / license: Bovada historically operated under a license from the Kahnawake Gaming Commission (KGC) in Canada; in 2016, KGC publicly announced it had suspended authorization for Bovada to operate from Kahnawake.
- Since then, Bovada’s current formal licensing details are not prominently disclosed on the public site.

Government approvals & regulation

Kahnawake previously provided a regulatory framework, with some published rules and a complaints process.
After the 2016 shift, Bovada is widely described as operating from offshore jurisdictions (commonly cited: Central America / Caribbean), but exact current regulator is not clearly stated on front-facing materials.

Location & contact

Operational base is not explicitly published; many sources mention Costa Rica from the Bodog/Bovada historical structure.
Contact details:
- 24/7 live chat via account area.
- Phone: Bovada publishes a customer service phone and dedicated number for payouts; specific numbers appear on its Help/Contact pages and in reviews.
- No corporate address is given on the public site.

Bovada domain & web presence

Domain: bovada.lv (Latvia ccTLD).
Domain-history tools show Bovada.lv in use since the early 2010s, contemporaneous with the Bodog → Bovada U.S. migration.
Fully HTTPS, with active TLS certificates.

Key operational notes

One of the largest U.S.-facing offshore books, with very wide brand recognition.
Strong focus on user-friendly design, props, live betting and casino/poker verticals; also heavy emphasis on crypto deposits/payouts.
Regulatory transparency is weaker than earlier KGC-licensed era.

BetAnything (formerly BetAnySports)

Core profile

Brand(s): BetAnySports, BetAnything, sometimes abbreviated BAS
Years in business: Generally reported as online since early 2000s.
Jurisdiction / license: Typically described as operating from Costa Rica, again under general business registration rather than a full remote-gaming license.

Government approvals & regulation

Same Costa Rican framework as other CR books: company registration and tax obligations, but no dedicated public online-gaming regulator or license database.

Location & contact

Reviews consistently reference Costa Rica-based operations; precise physical address is not highlighted.
Contact:
- Email and live chat support.
- Phone numbers for wagering/support are typically provided inside the account area and in some third-party reviews.

BetAnything domain & web presence

Primarily betanysports.eu / betanysports.eu/.com; the “betanything” naming is often used interchangeably in affiliate content.
Domain age tools suggest a 10+ year continuous online presence under these brands.

Key operational notes

Known for reduced-juice (-105) lines, lower-margin pricing and multiple bonus options, similar to Heritage.
Frequently recommended for value-focused players willing to trade UX polish for cheaper lines.

MyBookie.ag

Core profile

Brand: MyBookie (mybookie.ag, mybookie.eu redirects/related)
Years in business: Founded around 2014, positioned as a U.S.-facing offshore sportsbook/casino.
Jurisdiction / license: Public materials and reviews indicate MyBookie is licensed in Curaçao, one of the common offshore e-gaming jurisdictions.

Government approvals & regulation

Curaçao licenses are issued under several master license holders; they require basic KYC/AML and some compliance, but enforcement and consumer remedies are generally seen as weaker than top-tier EU regulators.

Location & contact

Corporate/operational base frequently described as Curaçao with some back-office functions in Costa Rica / Central America.
Contact:
- Live chat on site.
- Email support and a toll-free phone number on “Contact Us”.
- Physical address in Curaçao appears in some review and licensing pages, but is not emphasized on the consumer homepage.

MyBookie domain & web presence

Main consumer domain: mybookie.ag (plus regional redirects such as .eu in some markets).
WHOIS-type tools show registration in the mid-2010s, consistent with reported founding date.

Key operational notes

Heavy on U.S. sports props, same-game parlays and aggressive bonuses.
Marketed heavily via influencer and media sponsorships.
Regulatory protection is limited to whatever processes are available under Curaçao’s regime; no U.S. recourse.

Big-picture Comparison

Licensing / jurisdiction

Panama-licensed: BetOnline.ag
Curaçao-licensed: MyBookie
Historically Kahnawake-licensed (status changed 2016): Bovada
Costa Rica business-registration model (no formal remote-gaming license): Bookmaker.eu, Heritage Sports, BetAnySports/BetAnything

Years in business (approximate)

Bookmaker: mid-1980s roots; among the oldest.
BetOnline: early 1990s origin, BetOnline brand ~2000s.
Heritage: ~2001 online.
Bovada: brand since 2011, from Bodog lineage.
BetAnySports/BetAnything: early 2000s.
MyBookie: ~2014.

Transparency tiers (purely on publicly available data)

Most transparent about license & corporate structure: BetOnline (Panama), MyBookie (Curaçao).
Moderate: Bovada (historical Kahnawake info, current regime less clear).

Least formal transparency (Costa Rica model): Bookmaker, Heritage, BetAnything – long histories but essentially self-regulated, with reputations enforced more by market pressure than government action.

Sportsbook Risk & Trust Comparison Table (Expert Scoring 2025)

Scoring Scale:

10 = Extremely High Trust (robust licensing, long operational history, clean dispute record)
1 = Extreme Risk (unstable, unlicensed, major red flags)

Sportsbook	Regulatory Jurisdiction	Years in Business	Tranparency	Payout Speed Track Record	Dispute Resolution	Risk Level	Trust Score (1-10)
Bookmaker.eu	Costa Rica (business registration; no formal gaming license)	~35+ years	Medium-Low (minimum public corporate info)	Very strong (industry-leading reliability)	Excellent among pros	Medium	8.2/10
BetOnline.ag	Panama-licensed	~30+ years	Medium (more public structure than CR books)	Strong (fast crypto, consistent)	Strong; occasional public disputes but resolved	Medium-Low	8.5/10
HeritageSports.eu	Costa Rica	~20+ years	Medium-Low	Excellent (reduced juice + strong cashout reliability)	Stellar (near-zero public complaint history)	Low	9.10/10
Bovada.lv	Offshore (previously ~25+ years Kahnawake; current license undisclosed)	~25+ years (Bodog lineage)	Medium (less transparent since KGC exit)	Strong (especially with crypto)	Good but some limits.verification complaints	Medium	7.8/10
BetAnything / BetAnySports	Costa Rica	~20+ years	Low (lean public corporate presence)	Very Good	Very good reputation among reduced juice players	Medium	7.8/10
MyBookie.ag	Curaçao-licensed	~10 years	Medium (standard offshore transparency)	Good (crypto strong; slower on fiat)	Mixed (marketing-heavy brand, some slow-pay complaints during high volume)	Medium-High	6.8/10