Rank #12 · Operator profile
Tsars Casino
Curacao-incorporated TRINK N.V. operator on a current Anjouan licence covering at least seven sister brands.
- Licence
- Anjouan
- Operator entity
- TRINK N.V.
- Licence
- Anjouan
- Licence no.
- ALSI-202503021-FI1
- Licensee
- TRINK N.V.
- Domain
- tsars.com
- KYC threshold
- Not disclosed on the public homepage at time of writing
- Licence expires
- March 20, 2026
Tsars Casino is operated by TRINK N.V., a Curaçao-incorporated company (registration 163848, Abraham de Veerstraat 1, Curaçao), under Anjouan licence ALSI-202503021-FI11 . Tsars is the front-facing brand in a multi-property cluster: Casino Guru’s aggregation lists Tsars as “associated with 7 other online casinos” sharing operator infrastructure2 . The licence-issued date (21 March 2025) places it among the older active Anjouan licences in our coverage, and the Curaçao-incorporated N.V. operator entity is structurally distinct from the Costa Rican SRL pattern that dominates the rest of our register. This is a profile, not a tested review.
Why TRINK N.V. matters as an operator entity
Most of the Anjouan licensees we’ve profiled use Costa Rican Sociedad de Responsabilidad Limitada (SRL) structures, single-purpose shell entities holding one licence each. TRINK N.V. breaks that pattern in three ways worth flagging:
- Curaçao incorporation: Curaçao has its own gaming-licensing history (the long-running 1996 Master/Sub-licence regime). A Curaçao N.V. holding a separate Anjouan licence suggests the operator group already has Curaçao-side infrastructure (employment, payment processing, IP holding) and uses Anjouan as the consumer-facing regulatory framework.
- Multi-brand under one Anjouan licence: Casoo Casino is confirmed to operate under the same ALSI-202503021-FI1 licence with TRINK N.V. as operator. The two-brand confirmation places TRINK in the same multi-skin pattern as Fenix’s and Spinorhino’s Costa Rican licensees, but on a Curaçao operating layer.
- Longer-pedigree operator: 2020 launch year (per Casino Guru) gives TRINK N.V. five years of operating history before the Anjouan licence was issued. Compared to 2024–2025 launches dominating the rest of the Anjouan register, Tsars has substantially more operator-side track record.
Sister-brand cluster
Tsars sits in a cluster of at least 7 related brands per Casino Guru’s aggregation. We’ve confirmed Casoo as a same-licence sister; brand names commonly associated with this cluster in operator-aggregator sources include Wisho, Winnerz, Trickz, and Hype Kasino, though the latter four use different operator entities (Hitz Gaming OÜ / Feature Buy Ltd.) and likely separate Anjouan licences. The cluster is bound by a shared Spinwise affiliate-program identifier surfaced in footers across all listed brands.
For a player, this means: Tsars and Casoo share player-identity tooling at the operator-entity level (same N.V., same licence). Wisho, Winnerz, Trickz, and Hype Kasino share branding and affiliate program but are licensed under different corporate vehicles, so portability assumptions across them are weaker.
The cashier surface
Tsars publishes a notably broad crypto-cashier list: BTC, ETH, LTC, USDT, USDC, ADA, DOGE, SOL, TRX, XRP, plus the standard EUR / AUD / CAD / NOK / NZD / PLN fiat set. That coin spread is consistent with a serious crypto-cashier integration rather than a token “crypto-supported” labelling.
What the public homepage does not surface is the standard cashier-side diligence set: maximum withdrawal-per-day caps, KYC trigger thresholds, network-fee policy on crypto withdrawals. Players should read the full T&Cs in a real session before depositing.
What the Anjouan licence actually covers
Tsars Casino 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-202503021-FI1, 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.
Our analytical position
Tsars is one of the better-evaluable Anjouan-licensed operators in our coverage: real operator track record (2020 launch), verifiable licence-and-entity disclosure on the public footer, broad crypto-cashier, multi-language localisation. The Curaçao N.V. operator structure adds a second jurisdictional layer to the accountability chain (versus the single-jurisdiction Costa-Rican-SRL pattern dominant elsewhere). The 7-brand cluster size warrants caution on cross-brand portability assumptions. Score reflects: verifiable licence-and-entity disclosure (positive), longer operator pedigree (positive), broad crypto-cashier surface (positive), multi-brand structure with portability friction (mild negative).
Score: 6.5 / 10, comfortably in the upper half of our Anjouan coverage.
Frequently asked questions
Who operates Tsars Casino?
TRINK N.V., a Curaçao-incorporated company (registration 163848). The Anjouan licence ALSI-202503021-FI1 covers both Tsars and the same-licence sister brand Casoo.
Is Tsars the same operator as the other Spinwise-affiliated brands?
Tsars and Casoo share the same Anjouan licence and operator entity (TRINK N.V.). Wisho, Winnerz, Trickz, and Hype Kasino share branding cues and the Spinwise affiliate program but use different operator entities (Hitz Gaming OÜ, Feature Buy Ltd.), they are related but legally distinct.
Does Tsars accept crypto?
Yes. The published cashier references BTC, ETH, LTC, USDT, USDC, ADA, DOGE, SOL, TRX, and XRP among supported cryptocurrencies. Specific network-fee policy and clearing-time SLAs were not independently verified for this profile.
How does an Anjouan licence compare to Curaçao?
TRINK N.V. is Curaçao-incorporated but the licence covering Tsars is specifically the Anjouan ALSI-202503021-FI1 b2c licence. The Anjouan framework offers a baseline of segregated funds and a formal complaints process; binding ADR tier comparable to UKGC or MGA is not included. See our Anjouan licensing context block.
When this might not apply to you
Operator T&Cs may exclude players from specific jurisdictions; check the footer before depositing. The Anjouan framework does not include cross-operator self-exclusion (GamStop, Cruks, Spelpaus do not cover Tsars).
What to read next
- The Casoo profile for the confirmed same-licence sister.
- The Wisho profile for a Spinwise-cluster sister on a different operator entity.
- The Hype Kasino profile for the Feature-Buy-Ltd licensee structure.