Rank #8 · Operator profile

Casindi

Single-domain Anjouan licensee with a generic-name brand and a focused licensee structure.

Score
6.4/10
Bonus
Welcome promotion published on operator's site at time of writing
Licence
Anjouan
Licensee
3-102-935754 SRL
Licence
Anjouan
Licence no.
ALSI-202509067-FI2
Licensee
3-102-935754 SRL
Domain
casindi.com
KYC threshold
Not disclosed in public T&Cs at time of writing
Licence expires
September 29, 2026
Payment rails: Cards, E-wallets, Crypto (per operator landing)
Visit Casindi
Mike Vega Last reviewed May 21, 2026

Casindi operates under Anjouan licence ALSI-202509067-FI2, held by Costa Rican entity 3-102-935754 SRL, issued 30 September 2025 and valid through 29 September 20261 . The brand name reads as a generic Italianate/Spanish “casino-derived” coinage rather than a positioning-loaded name, and the licensee holds only this one domain in the register. This is a profile, not a tested review.

What we can verify

The Casindi licence is current and dedicated to a single domain. The “-FI2” licence-type suffix (visible in the register entry) is a minor structural variation from the more common -FI1 issued to most operators in the same batch, the framework allows several licence sub-categories that vary in operator size, activity scope, and fee tier. For consumer purposes the practical difference is minimal: the operator still has to meet the same operational requirements (segregated funds, complaint handling, RNG certification, AML/KYC).

What we did not verify independently: corporate ownership of 3-102-935754 SRL beyond the licence-register listing, the operator’s specific game-provider mix, full bonus T&Cs, withdrawal-time SLA, or KYC threshold. Public homepage content was thinly populated at the time of the profile, which limits what we can report honestly about the lobby’s depth.

The licensee structure

3-102-935754 SRL is another single-purpose Costa Rican SRL holding exactly one Anjouan-licensed brand. This is structurally cleaner than multi-brand SRLs in the same register (e.g. 3-102-937046 SRL with six brands; 3-102-937541 SRL with eight), but the single-brand structure does not by itself indicate a more committed or better-funded operator. Many newer Anjouan operators set up this way and the SRL count tends to expand over time as the operator group adds skins.

What the Anjouan licence actually covers

Casindi is licensed by the Anjouan Gaming Authority, the regulatory body established on the autonomous island of Anjouan (one of the three islands that make up the Union of the Comoros in the Indian Ocean). Anjouan's modern iGaming licensing framework was relaunched in 2023–2024 by Anjouan Licensing Services Inc., the exclusive licence administrator, and has been adopted at scale since by operators that previously sat under Curaçao's old master-licence system. The operator's licence number is ALSI-202509067-FI2, listed as valid on the official Anjouan licence register.

What the licence does

  • Operator vetting at issue. The framework requires KYC on beneficial owners and directors, clean criminal-record checks, source-of-funds documentation, a written business plan, and AML/KYC/responsible-gaming policies before the licence is issued.
  • Game-software certification. Operators must use certified RNG technology, with provider certificates submitted as part of the licensing pack.
  • Segregated player funds. Operators must hold player balances in accounts separate from operating funds. This is the single most consequential player-protection clause in the framework.
  • Formal complaint process. Operators must publish a complaint-handling procedure and respond to player disputes within the timeframes defined by the regulator.
  • Public register and seal verification. Every licensed operator appears on the official register with licence number, issue and expiry dates, status, and authorised domains. Operators may display a seal whose ID resolves to the register entry in real time.

What the licence does not do

  • No binding third-party adjudication. Anjouan provides a formal complaint process between player and operator, but it does not offer the binding ADR (alternative dispute resolution) tier that regulators like the UKGC or MGA mandate. If the operator refuses to pay, the regulator can revoke the licence — but does not order the operator to pay the player.
  • No deposit caps or central self-exclusion. Unlike MGA, UKGC, KSA, or Sweden's Spelpaus, Anjouan does not run a cross-operator self-exclusion register or impose mandatory deposit limits. Self-exclusion is a per-operator setting; players who want cross-operator protection have to rely on GamStop / Cruks / Spelpaus where applicable.
  • Disputes from excluded territories are not mediated. The Anjouan Gaming Board explicitly excludes mediation for players based in jurisdictions the operator was supposed to block. If you played from a restricted country, the regulator will decline the case.
  • No public dispute decisions database. There is no published archive of operator complaints and rulings comparable to the UKGC's enforcement-action page or the MGA's player-complaint summaries. Track-record information has to be reconstructed from third-party sources (Trustpilot, AskGamblers, casino-forum threads).
  • Limited recourse outside the licence. Anjouan's jurisdiction is the autonomous island, not the Comorian Union. Comorian union-level law treats most gambling as prohibited, which creates a structural mismatch: the licence is real and the regulator acts, but it operates entirely within the island's autonomy carve-out.

How this compares to other offshore licences

Anjouan sits in the same operational tier as the new Curaçao LOK framework (issued directly by the CGB since 2024, replacing the old master/sub-licence system) and Tobique (Canadian First Nation regulator that took over from Kahnawake for many crypto operators). All three offer real but light-touch licensing: operator vetting at issue, mandated segregated funds, formal complaint handling, no binding third-party arbitration, and minimal ongoing player-protection infrastructure compared to MGA, UKGC, or KSA.

In practical terms: an Anjouan licence means the operator has been vetted by a regulator that exists, will respond, and can revoke. It does not mean a player will be made whole by the regulator if the operator decides not to pay. Players who want that should play at UKGC, MGA, or comparable-tier operators, accepting the friction (KYC at every turn, withdrawal holds, deposit limits) that comes with that protection.

Bonus terms checklist

We do not have Casindi-specific bonus-math data verified for this profile. For any operator in this tier with a typical welcome-bonus headline, the checklist is the same as we recommend for every Anjouan licensee:

A 100% deposit bonus with 40x wagering on the bonus only (not deposit + bonus), max €5 bet, 5x cashout cap, and 14-day expiry is approximately the median offshore offer. The math comes out to small positive EV for high-volume slot players and negative EV for everyone else. The Anjouan licence does not standardise these disclosures, so the player has to check.

How Casindi compares to peers

Casindi sits in roughly the same category as Forzza, Papawins, and Bombay.vip, single-brand Anjouan licensees with focused licensee structures and limited public track record. Without additional differentiating product investment (proprietary games, sportsbook depth, distinctive geo targeting), the profile is generic in the genuinely neutral sense: there is no obvious red flag, but also no obvious differentiator that would elevate it above sibling operators in the same register tier.

Our analytical position

Casindi is a single-brand Anjouan-licensed operator with a focused licensee structure and a recent licence issue. The structural fundamentals (single-purpose SRL, dedicated licence, current status) are in the cleaner half of the register. The lack of distinctive published positioning is what holds the score in the middle of the range. Players considering Casindi should read the full bonus T&Cs before depositing and accept the Anjouan baseline-protection trade-off.

Score: 6.4 / 10.

Frequently asked questions

Is Casindi a legitimate licensed casino?

Casindi holds a valid Anjouan eGaming Authority licence (ALSI-202509067-FI2, expires 29 September 2026), listed on the official Anjouan register. 'Legitimate' depends on what level of player protection you require, Anjouan provides operator vetting, segregated player funds, and formal complaint handling, but does not provide binding third-party arbitration or cross-operator self-exclusion.

Who operates Casindi?

The licensee on record is 3-102-935754 SRL, a single-purpose Costa Rican Sociedad de Responsabilidad Limitada. The SRL holds only the casindi.com domain in the licence register.

What does the -FI2 suffix in the licence number mean?

Anjouan operates several licence sub-categories that vary by operator size, activity scope, and fee tier. -FI2 is one such variation; the operational requirements (segregated funds, complaint handling, RNG certification) are substantially the same as -FI1.

Does Casindi accept cryptocurrency?

Operator's landing materials reference crypto support among payment options at time of writing. Specific supported coins, network confirmations, and clearing times were not independently verified for this profile.

When this might not apply to you

Operator T&Cs may exclude players from specific jurisdictions; check the footer before depositing. Players who depend on cross-operator self-exclusion (GamStop, Cruks, Spelpaus) are outside that protection radius at any Anjouan operator including Casindi.

References

  1. Anjouan licence register entry (3-102-935754 SRL) , Anjouan Gaming Authority