UMAY Angels Club

What UMAY Angels Club does

UMAY Angels Club is registered in Astana, Kazakhstan with a stated founding year of 2020 and 1-10 employees, and is described in its own firmographic as "a community of angel investors that invest in startups at early stage of growth." However, the substantive product, technology, partner, and integration data associated with the firm's stated website (umay.vc) describes VAVADA, an online casino launched in 2017 and operated by Moracon Ltd, a Cyprus-registered private limited company (HE 595367, Nicosia). The umay.vc domain is characterized within the data set as an affiliate/mirror surface tied to VAVADA. The most consistent reading is that UMAY Angels Club operates the marketing/affiliate entry point for a much larger underlying gambling platform.

VAVADA, the gambling operation with which UMAY Angels Club is associated, is a multi-vertical online gambling platform aggregating slots, live dealer games, table games, and sports betting from 45+ third-party game studios including NetEnt, Pragmatic Play, Evolution Gaming, Playtech, Yggdrasil, and Quickspin. The technical stack includes a mirror-system domain bypass that maintains account state when the main domain is blocked by ISPs, multi-currency support (RUB, USD, EUR, BTC), and six cryptocurrency payment rails (Bitcoin, Ethereum, Litecoin, Tether ERC-20, Tether TRC-20, BNB, TRON). Customer reach is delivered through a web platform, a mobile application, and 24/7 support via Telegram, phone, and live chat across 17 languages.

The business model is direct-to-consumer: gross gaming revenue is generated by the house edge on wagers across casino and sports betting products. Marketing is offset by a 100% welcome bonus (up to $1,000 plus 100 free spins with x35 wagering on deposit and x20 on spins), a monthly 10% cashback, and recurring tournaments with prize pools up to $60,000. Distribution relies on Telegram, YouTube, Instagram, VKontakte, and streamer/affiliate partnerships that issue promotional codes, with regulatory coverage under a Curacao license via Antillephone and primary geographic concentration in Russia and the CIS. One leadership figure is named — Bakht Niyazov, co-founder.

Name

UMAY Angels Club

Legal name

Moracon Ltd

Website

https://umay.vc

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

UMAY Angels Club (Astana, Kazakhstan, founded 2020, 1-10 employees) is described as an early-stage angel investor community, while its umay.vc web property operates as an affiliate/mirror site for VAVADA, a Cyprus-registered (Moracon Ltd) multi-vertical online casino launched in 2017 serving Russia, CIS, and broader European players.

Ownership category

akta.pro rank

Product category

Online Gambling

NAICS

Gambling Industries (7132), Casinos (except Casino Hotels) (713210)

SIC

Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Crypto Casinos (MPAEABAD)

akta.pro secondary industries

Crypto Payments & Digital Asset Settlement for Gaming (MPAEALAL), Player Wallets, Escrow & Custodial Account Services (MPAEALAK)

Keywords

• Online casino gaming
• Slots and live dealer
• Sports betting platform
• Cryptocurrency gambling
• Tournament casino

Headquarters

HQ city

Astana

HQ country

Kazakhstan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. House Edge / Gaming Revenue: Primary revenue from the mathematical house edge built into casino games (slots, table games, live dealer games). The casino retains a percentage of wagers over time, known as the house edge or RTP (Return to Player). VAVADA states RTP is determined by game providers.
2. Welcome Bonuses and Promotions: Revenue offset by promotional spending. Welcome bonus offers (100% on first deposit up to $1,000 + 100 free spins) with wagering requirements (x35 for deposit bonus, x20 for free spins). Promotional codes distributed through streamer partnerships.
3. Cashback Program: Monthly 10% cashback returned on the 1st of each month, partially offsetting player losses
4. Crypto Transaction Fees: Revenue from cryptocurrency deposit/withdrawal processing

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

UMAY Angels Club operates the umay.vc online gambling platform (branded as VAVADA), offering a multi-vertical casino experience including slots, live dealer games, sports betting, and table games aggregated from more than 45 game providers. The platform supports fiat currencies (RUB, USD, EUR) and cryptocurrencies (BTC, ETH, LTC, USDT, BNB, TRX), runs regular tournaments with prize pools up to $60,000, and operates under a Curacao gaming license via Moracon Ltd.

Product overview

VAVADA is an online gambling platform operated by UMAY Angels Club (Moracon Ltd) that functions as a unified casino ecosystem offering multiple gaming verticals. The core platform provides access to slots from 45+ game providers, live dealer games, sports betting, and table games. Additional features include a progressive jackpot system (Mega/Major/Minor), regular tournaments with prize pools up to $60,000, a multi-tiered loyalty program with 10% monthly cashback, and a mobile application. The platform operates under Curacao licensing and supports both fiat currencies (RUB, USD, EUR) and cryptocurrencies (BTC, ETH, LTC, USDT, BNB, TRX).

Differentiator

Problem solved

Functional benefit

Products and services

• VAVADA Online Casino Online gambling platform aggregating slots, live dealer games, sports betting, and table games from 45+ providers. Operates under a Curacao license via Moracon Ltd, with multi-currency support (RUB, USD, EUR, BTC) and is targeted at adult individual players in Russia, CIS, and broader European markets.
• VAVADA Mobile App Downloadable mobile application for iOS and Android that delivers the full VAVADA casino experience including slots, live dealer games, sports betting, and account management features.

Quantifiable outcome

• Prize pools up to $60,000 for tournaments
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration35 records

Feature5 records

Partnerships

One partnership is on record.

• Moracon LtdcoreOthers · 1 January 2017Moracon Ltd is the legal entity owning and operating VAVADA.COM. Registered in Nicosia, Cyprus (Registration Number: HE 595367, Address: Strovolou, 213 3062). Moracon Ltd acts as the payment agent for the platform. The umbrella company uses the domain umay.vc as an affiliate/mirror site.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• 1xBet: Large Russia/CIS-focused online gambling and sports betting operator with multi-product casino, live dealer, and crypto deposit support. Directly comparable product breadth, target market, and reliance on mirror-site distribution.
• Betwinner: Curacao-licensed multi-product gambling operator with strong CIS presence, broad payment-method coverage (including crypto), and 45+ provider-style aggregation. Closely matches VAVADA's distribution, licensing, and product footprint.
• Melbet: CIS-focused online casino and sportsbook with crypto acceptance, broad provider integration, and mirror-site distribution pattern. Direct overlap on target customer, regulation tier, and operational model.
• Mostbet: Online casino and sportsbook serving CIS and Eastern Europe with multi-provider slots, live dealer, and crypto/fiat payments. Comparable target geographies, Curacao-style licensing, and bonus-driven acquisition model.
• Parimatch: Established Eastern European gambling operator (originally Ukraine/CIS-rooted) offering casino, live games, and sports betting with multi-currency and crypto rails. Comparable product mix, geographies, and promotional mechanics.
• Pin-Up Casino: CIS/EU-facing iGaming brand with slots, live casino, sportsbook, tournament mechanics, and similar multi-provider aggregation. Direct competitor in regulatory tier, product mix, and streamer/affiliate-driven marketing.

Emerging players

• Roobet: Crypto-native online casino (slots, live dealer, proprietary games) with Curacao licensing. Comparable in crypto rails and slot aggregation, but more global/English-language focused and smaller in CIS presence.
• BC.Game: Crypto-casino operator supporting dozens of coins/tokens, multi-provider slots, and a community-driven bonus system. Comparable on crypto-first casino model, broader token coverage, lighter CIS footprint.

Broad incumbents

• Bet365: Tier-1 licensed global gambling incumbent with extensive casino, live dealer, and sportsbook products. Comparable product breadth but operates in a far more regulated, geographically restricted regime and is not a CIS-focused competitor.
• Stake.com: Large global crypto-native online casino and sportsbook with deep multi-asset crypto support and Curaçao licensing. Comparable on crypto-first rails and casino product; broader in geographic reach and brand scale than VAVADA.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@cvavada
• Instagraminstagram.com/vavada.inst
• Facebookfacebook.com/umay.vc
• LinkedInlinkedin.com/company/umayvc

Compliance1 record

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

Investments6 records

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

Frequently asked questions about UMAY Angels Club