Betano

Not listed

Betano is operated by Kaizen Gaming, a privately held company not listed on any stock exchange.

Not a listed company

Kaizen Gaming is not traded on any stock exchange. There is no public ticker symbol or stock chart available for this company.

Betano is the international brand of Kaizen Gaming, the private Athens-born group founded by George Daskalakis. Launched in 2016 with Romania as its first market, it holds an ONJN licence there and SRIJ licences 017 and 018 in Portugal (betano.pt). In Greece and Cyprus Kaizen trades as Stoiximan instead — OPAP (Allwyn Hellas) holds 84.49% of that local business, a stake that does not extend to Betano, which is wholly Kaizen's.

Key Markets (as of 2026-09-02)

Romania

Portugal

Licences

ONJN

Romania

View regulator register

SRIJ

Portugal

View regulator register

About Betano

Betano is one of Europe's fastest-built gambling brands: launched by Greece's Kaizen Gaming in 2016 with Romania as its first market, today a top-two operator in both Romania — where it sponsors the national cup, the Cupa României Betano — and Portugal, with a footprint stretching to Germany, Brazil and beyond.

Kaizen Gaming is private, founded and led by George Daskalakis from Athens. The corporate footnote that confuses readers: in Greece and Cyprus Kaizen operates as Stoiximan, and OPAP (now Allwyn Hellas) owns 84.49% of that Greek-Cypriot business — but that stake stops there. Betano, the international brand, is wholly Kaizen's.

There is no Betano share: Kaizen has stayed private through years of IPO speculation. Its Romanian licence sits with ONJN; in Portugal the SRIJ register lists Kaizen Gaming International with licences 017 (casino) and 018 (betting) for betano.pt.

Frequently Asked Questions about Betano

Who owns Betano?

Betano belongs to Kaizen Gaming, the private Athens-founded group of George Daskalakis. No listed company owns Betano — OPAP/Allwyn's 84.49% stake covers only Kaizen's Greek-Cypriot Stoiximan business, not Betano.

Are Betano and Stoiximan the same company?

Same group, different perimeters: both are Kaizen Gaming brands, but in Greece and Cyprus Kaizen trades as Stoiximan under OPAP/Allwyn's 84.49%-owned local venture, while Betano is Kaizen's wholly-owned international brand.

Where is Betano licensed?

In this catalog's markets: Romania (ONJN licence, its first market from 2016) and Portugal (SRIJ licences 017 and 018 for betano.pt). The brand also operates in Germany, Brazil and other markets under local licences.

Ownership last verified: 2026-09-02