The Cyrenians

What The Cyrenians does

JOSTOTO operates an Indonesia-facing online gambling platform under the Jostoto brand (DBA), active since 2014. The platform aggregates three core verticals: 47 lottery markets, 46 live casino games, and 1,000+ slot titles sourced from third-party studios such as Pragmatic Play and Habanero. It serves Indonesian retail consumers ("thousands of active members") seeking online lottery, live dealer, and slot wagering products, with 24/7 customer service as a stated operational differentiator.

The business model is a B2C wagering model monetized through house edge on bets placed across lottery, live casino, and slot verticals, with a referral/affiliate program driving user acquisition. The platform is delivered as a direct online property (jostoto.com) rather than through licensed local operators, and it integrates a broad stack of Indonesian payment rails — incumbent banks (BCA, MANDIRI, BNI, BRI, CIMB Niaga, Danamon) and leading e-wallets (OVO, GoPay, Dana, LinkAja, Bank Jago, Seabank, Allobank) — to maximize local deposit conversion.

From a positioning standpoint, JOSTOTO competes in the Indonesian online-gambling retail segment on the back of an estimated ~638,000 Google search volume points and a decade of operating history. Notably, online gambling is broadly prohibited in Indonesia, so the business operates in a structurally grey-market posture, which is the dominant risk vector for any investor or acquirer evaluating the asset. No revenue, headcount, funding, or financial disclosures are present in the source data, and the underlying intake is flagged as a mismatch between the company name ("The Cyrenians") and the actual subject (JOSTOTO).

Name

The Cyrenians

Legal name

Jostoto

Website

https://thecyrenians.org

Company type

Private

Founded year

2014

Operating status

Operating

Short description

JOSTOTO is an Indonesia-focused online gambling platform (founded 2014) aggregating 47 lottery markets, 46 live casino games, and 1,000+ slot titles, serving thousands of Indonesian retail bettors via a referral-driven, direct-to-consumer model.

Ownership category

akta.pro rank

Product category

Online Gambling and Lottery Services

NAICS

Other Gambling Industries (713290), Other Gambling Industries (71329)

akta.pro primary industry

Digital Lottery & iLottery Platforms (Web/App) (MPAEAFAD)

akta.pro secondary industries

Live Dealer Online Casinos (MPAEABAB), iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms) (MPAEAKAA)

Keywords

• Online lottery gaming
• Live casino platform
• Slot gaming services
• Togel betting platform
• Indonesian gambling site

GTM type

B2C

Offering type

Services

Cost components

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

Distribution channels1 record

Marketing channels1 record

Core offering

The company runs an online gambling platform accessible via its website, offering 47 lottery (togel) markets including Singapore, Hong Kong, Sidney, limaloteria, MGM and Saigon, alongside 46 live casino games and 1000+ online slot titles. It serves Indonesian players with 24/7 customer service and supports deposits and withdrawals through major Indonesian banks and e-wallets such as BCA, MANDIRI, BRI, BNI, OVO, GoPay, Dana and LinkAja.

Differentiator

Problem solved

Functional benefit

Products and services

• Online Lottery (Togel) Betting Online lottery (togel) wagering service covering 47 markets (Singapore, Hong Kong, Sidney, limaloteria, MGM, Saigon) with up-to-date SGP and HK results, historical number lookup, dream book reference, and integration with Indonesian banks and e-wallets for deposits and withdrawals. Targeted at individual Indonesian players.
• Live Casino Games Live dealer casino gaming service providing 46 live games including roulette, sic bo/dice, 24D spin, and blackjack/arcade variants, accessible through the platform with a single account ID. Targeted at individual Indonesian players seeking real-time casino play.
• Online Slot Games Online slot gaming service offering 1000+ titles aggregated from providers such as Pragmatic Play, Habanero, IDNSlot and Isofbet, accessible through a single platform account with Indonesian bank and e-wallet payment support. Targeted at individual Indonesian slot players.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights4 records

Direct peers

• Fun88: Asia-focused online gambling operator with casino, slots and sportsbook products serving Indonesian-affiliated markets. Comparable on product mix, geo focus and reliance on e-wallet/bank rails.
• CMD368: Asian online gambling platform offering sportsbook, casino and slots to Indonesia and neighboring markets. Directly comparable on the regional-Asian online gambling playbook Jostoto executes.
• 188Bet: Established Asian online sportsbook and casino brand with a long-standing presence in Indonesian-facing markets. Competes with Jostoto for similar Southeast Asian online gambling wallet share.
• SBOBET / SBOTOP: Large Asian-focused online gambling operator offering sportsbook, live casino and slots to Southeast Asian players. Directly comparable to Jostoto on geography, product mix (casino + slots) and target customer.
• Dafabet: Asia-headquartered online gambling operator serving Indonesia and surrounding markets with casino, slots and sportsbook. Comparable to Jostoto on regional focus, multi-vertical offering and reliance on local payment rails.
• M88: Asian online gambling operator offering live casino and slot products to Southeast Asian consumers. Comparable to Jostoto on customer base, multi-vertical content and Asian market positioning.

Broad incumbents

• Bet365: Global incumbent in online sports betting and casino with multi-product, multi-payment platform. Comparable as the upper-bound broad incumbent operating in the same online gambling category Jostoto serves.
• Pinnacle: Established global online sportsbook and casino operator. Comparable as a broad incumbent defining the upper-end competitive context Jostoto competes within across Asia.

Emerging players

• 1xBet: Fast-growing international online gambling operator with broad casino, slot and sportsbook offerings; increasingly visible in Southeast Asia. Comparable emerging threat targeting the same Indonesian player pool as Jostoto.

Others

• Pragmatic Play: Major B2B iGaming content provider whose slot and live casino titles (including Pragmatic Play slots, referenced by Jostoto's source data) are distributed through operators like Jostoto. Adjacent ecosystem participant, not a direct competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 The Cyrenians