Retro Bet

What we know about Retro Bet

According to our research, the contracting party of Retro Bet is Stable Tech N.V., based at Scharlooweg 39, Willemstad, Curacao. The platform holds the CGA licence (OGL/2024/161/0191).

Launched in 2024. The address Scharlooweg 39 is based on a comparison with other new GCB licences (the same address is frequently used). A direct query of the website returned no content.

Legal assessment

Online casino offerings aimed at Austrian players require a licence in Austria. Without this licence under the Gambling Act, the underlying contract is void. According to the established line of the Austrian Supreme Court (OGH), losses can be reclaimed retroactively for up to thirty years.

The crypto division of Retro Bet falls under the same legal framework, and stakes from wallet transactions are reconstructed.

Online poker is also subject to the Austrian gambling monopoly according to the OGH line and therefore requires a licence. Providers without an Austrian licence violate the Gambling Act, contracts are void, and stakes are reclaimable.

Sports betting in Austria, unlike online casinos, is generally legal. A reclaim may be possible through partial legal incapacity under Section 865 Austrian Civil Code. The pathological gambling addiction during the loss period is determined by an expert opinion in the proceedings, and we organise the specialist medical report together after the engagement. A lawsuit is generally economically viable from around 50,000 euros of losses per provider.

The legal route applies regardless of where the betting provider is based. Even Austrian-licensed online betting providers can be sued, as long as the betting relationship arose online. Betting cafés with cash on site are a different constellation.

How we proceed

The assessment of your case is free of charge. In the event of success, R. M. Prozessfinanzierung GmbH retains from 35 percent of the amount obtained, and the remaining amount is paid out to the enquiring person. The legal representation is handled by cooperating lawyers. We bear the litigation costs.