Online Casino Suite

What Online Casino Suite does

Online Casino Suite operates Radhe Exchange (also branded as Radha Exchange and Radheexch), an online sports betting exchange and casino gaming platform primarily serving Indian users. The platform provides access to sports betting markets for cricket (including IPL), football, tennis, kabaddi, and horse racing, alongside casino gaming offerings including Aviator, Teen Patti, slot games, and live dealer formats. It is accessed via a web platform and an Android APK mobile application, with iOS users directed to mobile browsers. The platform employs a decentralized agent-based distribution model rather than direct self-service registration: end users obtain Sports IDs through authorized agents operating within a hierarchical structure of sub-agents, Master IDs, and Super Master IDs. Customer communication, account setup, and onboarding are routed heavily through WhatsApp. The platform excludes users from seven Indian states (Andhra Pradesh, Assam, Nagaland, Odisha, Sikkim, Telangana, Tamil Nadu) where local laws prohibit participation.

Technically, the core product is a web-based exchange with real-time odds updates, live match tracking, SSL-encrypted transactions, OTP-based login, KYC-based withdrawal verification, and integration with UPI (Google Pay, PhonePe, Paytm), bank transfers (IMPS/NEFT/RTGS), digital wallets, and QR-code payments. The product portfolio spans multiple specialized IDs (generic Sports ID, Cricket Betting ID, IPL Betting ID), agent-facing tools (Master ID, Radheexch Admin panel), and sub-brands (Race Exchange for horse racing, Radhe Exchange xyz). All products share a common wallet system.

The business model generates revenue primarily through a 2-5% commission on winning bets placed through the exchange, supplemented by one-time Master ID license fees (₹50,000-₹1,00,000), hierarchical commissions skimmed from agent earnings, and promotional-funded customer acquisition (welcome bonus up to ₹10,000). Customer segments comprise individual Indian sports bettors (primary), entrepreneurial Master ID operators, and casino gamers. The company claims offshore licensing, has 1-10 listed employees per firmographic data, was founded in 2006, operates under the brand 'Radhe Exchange' without a disclosed formal corporate structure, and lists Devon Chappel as founder.

Name

Online Casino Suite

Legal name

Radhe Exchange (Operating as Radha Exchange / Radheexch)

Website

https://radheexchange.co

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1–10 employees

Short description

Online Casino Suite operates Radhe Exchange, an Indian online sports betting exchange and casino gaming platform. It serves individual bettors and decentralized Master ID agent operators via a WhatsApp- and agent-mediated distribution model, earning revenue through 2-5% commissions on winnings and Master ID license fees.

Ownership category

akta.pro rank

Product category

Online Sports Betting and Casino Gaming

NAICS

Casinos (except Casino Hotels) (713210), Other Gambling Industries (713290)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)

akta.pro primary industry

iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms) (MPAEAKAA)

akta.pro secondary industries

Online Casino Platform Providers (PAM, Wallet, CMS, Back Office) (MPAEABAK), In-Play (Live) Betting Exchanges (MPAEAIAD)

Keywords

• Online sports betting
• Sports exchange platform
• Casino gaming platform
• Fantasy sports exchange
• Live betting exchange

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Marketing or Sales, Operations, Personnel, Infrastructure

Revenue model

1. Betting Commission/Spread: The platform charges commission on winning bets placed through the exchange. Commission rates typically range from 2% to 5% on winnings, which represents the primary revenue stream for the platform.
2. Agent Network Commissions: Master ID holders earn commission on every bet placed by users and sub-agents in their network, creating a hierarchical commission structure where platform takes a cut from agent earnings.
3. Promotional Bonus Funding: Platform funds promotional activities including welcome bonuses, deposit bonuses, and seasonal campaigns. These promotional costs are offset against user engagement and transaction volume generated.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Online Casino Suite operates the Radhe Exchange platform, an online sports betting exchange and casino gaming service that provides Indian users real-time betting markets on cricket (including IPL), football, tennis, kabaddi, and horse racing alongside casino games such as Teen Patti, Aviator, slots, and live dealer tables. Access is distributed through a decentralized network of authorized agents who issue Sports IDs and Master IDs, with revenue generated primarily via commissions on winning bets and Master ID licensing fees.

Product overview

Radhe Exchange operates as a unified online fantasy sports and casino gaming platform primarily serving Indian users. The core offering includes the main Radhe Exchange platform (radheexchange.co) which provides sports betting markets for cricket, football, tennis, and kabaddi, alongside casino gaming options. The ecosystem includes multiple product variants: the Radhe Exchange App (mobile application for Android/iOS), specialized Cricket Betting ID and IPL Betting ID for tournament-focused access, the Sports ID for general betting access, and the Master ID for agent-level business management. Sub-brands include Race Exchange (focused on horse racing) and Radhe Exchange xyz. Administrative tools are provided through Radheexch Admin panel. All products share a common wallet system and are accessed through agent-mediated registration.

Differentiator

Problem solved

Functional benefit

Brands

• Race Exchange: Online gaming platform specializing in horse racing and sports betting, offering games such as cricket, football, tennis along with skill games, entertainment play, number games, and live games. Available on both Android and iOS.

Products and services

• Radhe Exchange Sports Betting and Casino Platform Web-based online sports betting exchange and casino gaming platform offering real-time odds on cricket (including IPL), football, tennis, and kabaddi, plus Teen Patti, Aviator, slot, and live casino games, accessed via agent-issued Sports IDs on a shared wallet.
• Radhe Exchange Mobile App (Android APK) Android mobile application providing on-the-go access to the Radhe Exchange sportsbook and casino, real-time odds, live updates, account management, deposits and withdrawals, with enhanced security and faster updates compared to the web platform.
• Radhe Exchange Master ID Program One-time licensing tier (₹50,000-₹1,00,000 investment) that grants an agent or super agent admin rights to create sub-accounts, manage wallet balances, extend credit to players, monitor real-time betting activity, and earn commission on the network's betting volume.
• Race Exchange (Horse Racing and Sports Betting Sub-Brand) Online gaming sub-brand offering horse racing and sports betting markets, including cricket, football, tennis, skill games, entertainment play, number games, and live games, available on Android and iOS.
• Radhe Exchange XYZ Variant Online sports gaming platform variant offering cricket, football, handball, number games, and sports games, with a secure wallet service and live customer support.

Quantifiable outcome

• Instant deposit and withdrawal processing (typically within hours via UPI)
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Dafabet: Established Asian-facing sportsbook and casino brand with strong cricket and casino offerings, serving a comparable Indian and South Asian betting audience.
• Betway: Large, established international sportsbook and casino operator with India-targeted cricket betting and casino products, competing for the same Indian sports-betting user base.
• Bet365: Global leader in online sports betting with extensive cricket, football, tennis, and in-play markets; represents the upper-tier incumbent competing for the same betting exchange user.

Direct peers

• Parimatch: Global sports betting and casino brand heavily marketed in India with cricket-focused markets, agent-based onboarding, and integrated casino verticals — closely comparable product mix and customer base.
• Melbet: International sportsbook and casino brand with significant India presence and agent-based distribution, offering similar cricket betting, casino, and live dealer products.
• 4rabet: India-focused online sportsbook and casino operator with cricket-centric markets and casino products, directly comparable in market, product, and target customer.
• 1xBet: Major international online sportsbook and casino operator with a strong presence in India, using an agent/Master ID distribution model comparable to Radhe Exchange.
• Mostbet: Online sportsbook and casino operator active in South Asian markets with comparable product mix (sports betting, live casino, slots) and customer acquisition model.
• BetWinner: International online sportsbook and casino operator with agent/affiliate networks targeting Indian users, offering similar cricket betting and casino verticals.

Emerging players

• Leon Bet: Growing international sportsbook with cricket, football, and casino products marketed in India, competing in the same niche as Radhe Exchange among Indian bettors.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/onlinecasinous
• YouTubeyoutube.com/@Radheexchid-y2k
• Instagraminstagram.com/radhe_exchid
• Facebookfacebook.com/onlinecasinosuite

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Online Casino Suite