Novibet has no sister sites. It runs as a single brand under Logflex MT Holding Limited, with a Malta Gaming Authority licence and local licences in Greece, Brazil, Cyprus and Mexico. It surrendered its UK Gambling Commission licence in 2022, so it is no longer open to British players.
Ownership: Allwyn, the Czech company that runs the UK National Lottery, agreed in December 2024 to buy a 51% stake for €217 million plus earnouts. The Hellenic Competition Commission opened an in-depth investigation in October 2025 over a possible 70%-plus share of the Greek market, and the deal was abandoned in March 2026. Novibet is independent and Logflex MT Holding Limited remains the owner.
📋 Quick Facts About Novibet
| 🏢 Parent Company | Logflex MT Holding Limited |
| 📜 Licences | Malta Gaming Authority, plus Greece, Brazil, Cyprus, Mexico. UK licence surrendered 2022 |
| 🌍 HQ Location | Malta |
| 📅 Founded | 2010 |
| 🌍 Accepted Countries | Greece, Brazil, Cyprus and Mexico under local licences, plus other markets under the Malta licence. Not the UK |
🔍 What Makes These Sites Worth Checking?
Here’s the thing about Novibet – they’re deliberately not running a multi-brand empire. While competitors like Entain operate dozens of sites (Ladbrokes, Coral, Foxy, Gala, bwin, PartyCasino…), Novibet has put all their resources into a single brand. That’s actually a deliberate strategic choice worth understanding.
🔹 Novibet (Single Brand Strategy) – Rather than spreading marketing budget across multiple properties, everything funnels into Novibet itself. This means more concentrated investment in the platform, technology, and customer experience. You might be wondering if that’s actually better – it depends on your perspective. Network operators can offer variety and move players between brands for promotions. Single-brand operators can offer a more coherent, focused product.
The practical implication? There aren’t really “Novibet sister sites” to explore. If you like Novibet, you stay with Novibet. If you want alternatives, you’re looking at competitors rather than sister sites.
🔹 What You Get Instead of Sister Sites – Novibet compensates for lack of brand variety through product depth. The sportsbook covers extensive markets with their proprietary Minute Markets feature offering ultra-short-term betting opportunities during live matches. The casino section integrates seamlessly with sports, letting you switch between betting and slots without managing separate accounts. The approach prioritises depth within one brand over breadth across many.
🔹 The Technology Angle – When operators run multiple brands, they typically use the same underlying platform with different skins. Paddy Power and Betfair, for example, share Flutter’s technology stack. Novibet’s single-brand approach means their proprietary platform only needs to serve one customer-facing product, allowing tighter integration and potentially faster feature development. The Automatic and Hybrid Cash-Out options showcase what focused platform development can achieve.
🏢 The Company Running the Show
Novibet’s origin story starts in Greece in 2010, where they launched as one of the country’s first licensed online betting operators when that market opened up. Now here’s something most people don’t realise – Novibet built their entire platform from scratch rather than licensing white-label technology from established providers like Playtech or Kambi. That’s unusual in an industry where most operators buy off-the-shelf solutions.
That proprietary approach extends to their odds algorithms, cash-out systems, and user interface. When you use Novibet’s Automatic Cash-Out or Hybrid Cash-Out features, you’re using technology they developed in-house rather than bought off the shelf. The Minute Markets feature – offering betting markets that settle within 60 seconds during live matches – is another example of their custom development. These aren’t features you can simply purchase from a B2B provider.
Staffing has grown to over 1,000 employees spread across Malta, Greece, and Brazil. That Brazilian presence matters because Brazil’s regulated sports betting market launched in January 2025, representing massive growth potential. Novibet was early into that market, establishing operations before the regulatory framework was even finalised. Early movers in newly regulated markets often establish advantages that last years.
The Allwyn deal is over. Allwyn, the Czech group that won the UK National Lottery contract in 2024 and is backed by Karel Komarek, agreed in December 2024 to take 51% of Novibet. The Hellenic Competition Commission opened an in-depth investigation in October 2025 into whether combining Allwyn’s Greek interests with Novibet would concentrate too much of the Greek market in one place. Greece is Novibet’s home territory and its strongest one. Allwyn walked away in March 2026.
🎯 Finding Your Ideal Alternative
Since Novibet doesn’t have sister sites, the question becomes which competitors offer similar experiences:
🔹 If you value proprietary technology – bet365 also built their own platform rather than using third-party providers. They’re the closest comparison to Novibet’s technology-first approach, though obviously operating at much larger scale. The in-house development means unique features that competitors using off-the-shelf platforms simply can’t offer.
🔹 If you want emerging market coverage – Novibet’s presence in Brazil, Cyprus, and Mexico reflects a focus on newly regulated markets. Betway has a similar strategy of targeting emerging jurisdictions rather than just fighting for market share in saturated markets like the UK. These operators often offer better promotions in markets where they’re actively growing.
🔹 If live betting is your priority – The Minute Markets and detailed in-play betting are Novibet strengths. Betfair Exchange offers different but equally sophisticated live betting options with the ability to lay bets. For traditional sportsbook in-play, Paddy Power and William Hill both have strong live platforms with competitive odds.
🔹 If you prefer network benefits – Novibet’s single-brand approach means no loyalty points transferable between sites, no cross-brand promotions, no variety of different site experiences. If those network features appeal, look at Entain brands (Ladbrokes, Coral, Foxy, Gala) or Flutter brands (Paddy Power, Betfair, Sky Bet) instead. The trade-off is between focused depth and network breadth.
🔹 If you want Greek market expertise – Novibet’s origins in Greece mean they understand European betting culture in ways that UK-focused operators don’t always match. The platform reflects Mediterranean betting preferences and sport coverage priorities. Players who follow Greek football or other European leagues outside the mainstream might appreciate this perspective.
📜 Licensing, Coverage, Payments and Support
Novibet holds local licences in Greece, Brazil, Cyprus and Mexico, and a Malta Gaming Authority licence that covers the rest of the markets it serves. Which one applies to you decides who handles a dispute: the local regulator where Novibet is locally licensed, the MGA everywhere else, including Ireland, where it has no local licence. It surrendered its UK Gambling Commission licence in 2022 and no longer accepts British players. Check the registration page for your own country before depositing, because the market list is specific rather than global.
🔹 Sports Coverage – The book is broadest on football, basketball and tennis, which reflects the Greek and Brazilian markets it grew in. GAA coverage is available including hurling and Gaelic football markets, though depth varies by competition. Major inter-county championships get reasonable coverage; club level is sparse. Irish horse racing is well covered with Leopardstown, Curragh, Fairyhouse, Punchestown, and other major Irish tracks featured prominently. League of Ireland football markets are available for domestic fixtures, with in-play betting options during matches.
🔹 Currency and Payments – Accounts run in euro on the Malta-licensed sites, and in Brazilian real or Mexican peso on the locally licensed ones. Funding a euro account from any other currency picks up a conversion charge at your own bank on the way in and again on the way out. Payment options include Visa, Mastercard, PayPal, Skrill, Neteller, and bank transfer. Processing times are typical for the industry – e-wallets are fastest, bank transfers slowest. Withdrawal limits are reasonable for recreational players, with higher limits available for verified accounts.
🔹 Proprietary Betting Features – Minute Markets run across the whole book, Irish football and racing included, settling inside sixty seconds during live events. The Automatic Cash-Out lets you set conditions for automatic settlement – useful if you can’t watch events live. Hybrid Cash-Out allows partial position closing while maintaining some exposure. These features are Novibet-developed rather than licensed from third parties.
🔹 Customer Support – 24/7 live chat and email support. The team is spread across European time zones, and English support is standard alongside Greek, Portuguese and Spanish on the locally licensed sites.
🔹 Casino Integration – The Novibet casino section offers slots and table games from NetEnt, Microgaming, Pragmatic Play, Evolution, and Red Tiger. It’s a solid selection though not the largest in the market. Casino players seeking massive game libraries might find better options elsewhere; those wanting integrated sportsbook and casino under one account are well served. The single-account approach means balance and bonuses work across both products.
🔹 Responsible Gambling Tools – Standard deposit limits, loss limits, session time limits, and self-exclusion options, plus links to the gambling support services operating in each licensed market. The platform includes reality check notifications to prompt awareness of time spent gambling.
🏆 Where Novibet Fits
Novibet represents an interesting alternative to the mega-networks that dominate online gambling. The proprietary technology means features you will not find elsewhere, but there is no sister site to move to. Allwyn agreed to buy a 51% stake in December 2024 and abandoned the deal in March 2026 after competition objections, so Novibet stays independent. The sports coverage is good, including GAA, Irish racing and the League of Ireland, but there are no cross-brand promotions and no transferable loyalty points. The technology-first philosophy appeals to bettors who value platform quality over brand proliferation, and the Greek origins bring a different perspective to an industry dominated by UK and Maltese operators.
Three things decide whether it suits you, and none of them is the technology.
🌍 Where it is licensed – The market list runs to Greece, Brazil, Cyprus and Mexico under local licences, plus the countries the Malta licence covers. Britain is not on it and has not been since 2022. Check your own country on the registration page first, because nothing else matters if the answer is no.
💱 Deposit currency – A euro account funded from another currency pays a conversion spread going in and coming out. Over a year of regular deposits that quietly outweighs most welcome offers.
🎁 Bonus terms – On a single-brand operator these are the only terms on offer. There is no second site to move to when a welcome offer is spent, no wallet shared with a sister brand, and no cross-brand free bet to fall back on. What you sign up to is what you get, which is either the appeal or the drawback depending on how you bet.
