Soft2Bet and related entities received about €600 million from offshore online casinos, Investigate Europe says

Investigate Europe says Soft2Bet and related structures received about €600 million from offshore online casinos. For PSPs, acquirers, and banking partners, the point is not the headline number itself so much as what it signals: where the money flowed, and how closely related entities can sit around a high-risk gaming operation.

1. According to the investigation, the transfers were routed through Soft2Bet and connected structures, with the total amount put at about €600 million.
2. The source frames the funds as coming from offshore online casinos, which is the relevant bit for payment risk: offshore gaming flows tend to sit in the part of the market where AML, source-of-funds, and merchant due diligence questions get asked a lot faster.
3. The article does not provide a breakdown of jurisdictions, counterparties, or payment rails in the text provided here, so the only hard fact to carry forward is the reported aggregate amount and the link to offshore online casinos.