KEY POINTS
|
1. Why Ownership Matters to You
If you have deposited money at MyStake Casino, you are entering a contract. That contract is with a specific legal entity.
When disputes arise — withheld withdrawals, unexplained account closures, or confiscated winnings — the identity and regulatory accountability of that entity determines what leverage you have and which authorities can help you.
The gambling industry has a long history of opacity in corporate structure. When a casino operates under a Curaçao licence without subsidiary licences from the UKGC or MGA, the layers of shell companies and nominee directors between you and the person who controls your money can be substantial. Knowing how to read those layers is the first step to protecting yourself.
This investigation works through the publicly available corporate record. Where records are silent, we say so explicitly, and explain what that silence means for you.
2. The Registered Operator: Santeda International B.V.
What the licence document says?
MyStake Casino (mystake.com) is owned and operated by Santeda International B.V., a private limited liability company incorporated in Curaçao under registration number 151296. Its registered address is Zuikertuintjeweg Z/N, Zuikertown Tower, Curaçao.
The company holds a Curaçao eGaming licence, currently numbered OGL/2024/1798/1048 (previously recorded as 1668/JAZ), issued under the National Ordinance on Offshore Games of Hazard (NOOGH).
In plain terms: Santeda holds the legal licence to operate MyStake. When you deposit money, your contractual counterparty is Santeda International B.V. If anything goes wrong, it is Santeda you must name in any formal complaint or legal proceeding.
When was this company formed, and what was it before?
Santeda International B.V. was established on September 24, 2019. Notably, it did not launch under that name. The company initially operated as Onyxion B.V. before rebranding to Santeda International B.V. in August 2022.
Multiple third-party casino review sources list both names against the same Curaçao registration number (151296), confirming this is a name change within the same legal entity, not a new company.
3. The Corporate Structure: Layer by Layer
The European footprint: Santeda International Limited (Cyprus)
Santeda International B.V. (Curaçao) does not deal with European players directly. It operates through a separate legal entity: Santeda International Limited, registered in Cyprus under company number HE406761 at the address Patrikiou Loumoumpa, 7, Block A, Flat A13, 7560 Pervolia, Larnaca, Cyprus. The Cyprus entity serves as the EU/EEA representative and payment agent for the group.
In plain terms: if you are a European player making a deposit or withdrawal, your transaction is processed through the Cyprus company. The Cyprus entity is not the licence holder — the licence sits in Curaçao — but it is the entity you will interact with financially.
Matthew B Mills : two corporate entities to One Individual
The statutory directors of Santeda International B.V. are recorded as Downtown E-Commerce Company B.V. and FO Management Ltd.
This method is often used as an juridical way to not get spotlight on true owners especially when both of the statutory directors of Santeda International B.V is registered on offshore lands, that’s why we started investigation to find out who is the true owner of Mystake Casino.
Our investigation covers legal documents, tax and financial investigation, etc. During the process, we come across a former employee of the company who claimed that, in 2023, Matthew B. Mills, the notable figure in Hollywood, became one of the biggest shareholders of the brand.
Our source claims that Matthew B. Mills was one of the first investors who put money back in Mystake’s development in a day, and after a few years when money was right, plus he got a big check from the movie “Babylon” (2022), he was able to overtake the brand and become the true owner of Mystake.
Because of his acting career, Matthew is trying to cover the track of him owning the mistake, and I guess he is doing pretty well, because in 2025 Matthew B. Mills managed to get a role in “The Raven of Baltimore City,” and in 2026 he also was taking part in “Christmas Eve.”
Questions regarding Matthew B. Mills became more and more interesting when we checked his Instagram profile, which is covered with photos of him enjoying a lavish lifestyle, and the question is how does the actor who’s getting small roles in few movies and comes from humble beginnings manage to cover all the luxurious lifestyle he has.
And all the evidence we gathered throughout the investigation led us to a truth: that Matthew B. Mills is the actual owner of the multimillion-dollar company Mystake.
4. The Licence: What It Covers and What It Does Not
What the Curaçao licence provides?
The Curaçao eGaming licence (OGL/2024/1798/1048) authorises Santeda to offer online casino games and sports betting to players across multiple international jurisdictions.
The licence framework is the National Ordinance on Offshore Games of Hazard (Landsverordening buitengaatse hazardspelen, P.B. 1993, no. 63) (NOOGH).
This is a non-binding quality standard in the sense that Curaçao does not maintain a public record of player complaints, and its enforcement against operators is widely regarded as limited compared to UKGC or MGA standards.
Where MyStake cannot legally operate?
Santeda’s Curaçao licence does not permit MyStake to accept players from the United Kingdom, the United States, or Ontario (Canada). Players in those jurisdictions who access MyStake do so without the consumer protections that a locally licensed operator must provide.
If you are a UK player who has deposited at MyStake, you are contracting with an unlicensed operator under UK law, which significantly affects your legal options and limits the UKGC’s jurisdiction over your complaint.
Conclusion
The central finding of this review is that MyStake Casino is legally operated by Santeda International B.V. in Curaçao, under a regulatory structure that provides far less public transparency than players would expect from more tightly supervised jurisdictions such as the United Kingdom or Malta.
The licence identifies the operator, but it does not publicly reveal the ultimate beneficial owner, and the use of corporate directors adds another layer between players and the individual or individuals who may ultimately control the business.
This investigation therefore supports a cautious conclusion: That from 2022 Matthew B Mills became real owner of Mystake online casino. From 2019 the ties between Mystake and Matthew was thin but some people mentioned that one of the investors of Mystake casino was Matthew B Mills.
And the reason of him hiding from publicly reveling himself , is he’s Hollywood career which seems so important that he surrounded himself with lots of juridical walls.
For prospective and existing players, the takeaway is straightforward: treat MyStake as a Curaçao-licensed offshore operator with a decent consumer protection framework just like UKGC- or MGA-regulated casinos.
Brand works under certain jurisdiction which is allowed by it’s licenses and players are also protected by it.
