Elbet d.o.o.

Founding & History

Elbet was established in Belgrade, Serbia in January 2002 as a technology company dedicated to hardware and software solutions for the gaming industry. Its early focus was on retail virtual games, including number games, virtual sports, and virtual casino games. The company expanded into online game development in 2020, adding cryptocurrency support and broadening its digital operator base. A key regulatory milestone came in 2024 when Elbet obtained a Malta Gaming Authority licence (MGA/B2B/997/2023), strengthening its position in regulated markets.

Products & Platforms

Elbet’s product suite spans both retail and online channels. Virtual Games include number games (e.g., Lucky Balls), virtual sports (football, horse racing), and virtual casino games (roulette, blackjack, baccarat). The Slots portfolio offers classic and video slot titles for online casinos. Instant Win Games cover scratch cards and other quick-play formats. The EMS (Event Management System) provides a complete sports betting platform with odds management, risk analysis, and live betting capabilities. Bingo & Lottery Solutions deliver full software and hardware for bingo and lottery operations. Elbet also markets its own branded Gaming Machines for retail environments. All online products can be integrated via a single API through aggregators like EveryMatrix.

Licensing & Regulatory

Elbet holds licences and certifications from multiple jurisdictions: Malta (MGA), Romania (ONJN), Croatia (Ministry of Finance), Bulgaria (State Gambling Commission), Serbia, Denmark, Estonia, Italy, Latvia, Netherlands (Kansspelautoriteit), Czech Republic (EZÚ), South Africa (NRCS), and Republic of Srpska. All games undergo RNG testing by accredited laboratories, ensuring compliance with local regulations.

Global Reach & Partnerships

The company reports partnerships with over 250 operators across Europe, Africa, and Asia, including collaborations with four state lotteries such as the Croatian State Lottery and National Videolottery of Macedonia. Elbet’s games are available in five continents and support multiple currencies and cryptocurrencies. Its offices in Belgrade (Serbia), Zebbug (Malta), and Cork (Ireland) support international operations.

Technology & Innovation

Elbet’s technology stack supports Windows, Linux, macOS, web, and mobile platforms. The company emphasizes tailored solutions, long-term technical support, and flexible integration options for retail and online operators.