Ajas Aviation Services

What Ajas Aviation Services does

The data associated with this company points to Kolaybet, an online betting and gambling platform operated under MFI Investments Limited, a Cyprus-registered offshore holding entity. The platform offers sports betting, online casino games (including poker, slots, and table/card games), e-sports betting, lotteries, and a proprietary portfolio of crash-style games (JetX, Lucky Jet, Aviator). It also operates an entertainment and political event betting vertical that the company highlights as differentiating versus competitors in the Turkish market. The website is localized into 19 languages and serves users across Europe, Asia, Africa, North America, and South America, with Turkey identified as the primary target market alongside other South American countries where online gambling is legal.

The business model is direct-to-consumer and entirely digital, with revenue generated on a transactional basis from the house edge across sports, casino, e-sports, crash, and lottery products. Customer acquisition is driven by an aggressive welcome bonus (500% up to 11,000 TL), competitive odds on major sporting events, and a multi-language, mobile-accessible web platform. Distribution is self-serve via desktop and mobile browsers with no physical retail or partner channel network. The platform operates under an Antillephone NV international sub-license issued by Curaçao.

The brand has undergone two rebrandings since founding: launched as FirstBet in 2016 serving former-USSR markets, rebranded to 1Win in 2018 with expansion into Turkey, and subsequently operated as Kolaybet. The company claims a registered user base exceeding 1 million. Notable inputs that are missing or inconsistent: no disclosed revenue, GGR, or funding data; no management-team or leadership disclosures; a stated 67-employee count in firmographics that is not corroborated in the substantive content blocks; and no AI/ML, technology-stack, or product-roadmap disclosures.

Name

Ajas Aviation Services

Legal name

MFI Investments Limited

Website

https://jamaicaaviationservices.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Kolaybet is a direct-to-consumer online betting and gambling platform (sports, casino, e-sports, crash games, lottery) serving 1M+ users across 19 languages and five continents, with Turkey as its primary market. Operates under MFI Investments Limited via a Curaçao sub-license.

Ownership category

akta.pro rank

Product category

Online Gambling

NAICS

Gambling Industries (7132), Other Gambling Industries (713290)

akta.pro primary industry

Sportsbooks (Online & Mobile Operators) (MPAEACAA)

akta.pro secondary industries

Online Casino Studios & Game Publishers (Slots, RNG, Live Dealer) (MPAEABAJ), Poker Technology & Software (Clients, RNG, Anti-Fraud, HUD/Analytics) (MPAEAEAH)

Keywords

• Online betting platform
• Sports betting
• Casino gaming
• E-sports betting
• Gambling services

Headquarters

HQ city

Nicosia

HQ country

Cyprus

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Sports Betting: Interactive sports betting on global sporting events with competitive odds. Customers place wagers on outcomes; company earns from house edge on winning bets.
2. Online Casino Games: Casino gaming including poker, slots, table and card games. Revenue generated from house edge on casino games.
3. E-sports Betting: Betting on competitive e-sports tournaments and events.
4. Crash Games: Proprietary crash games (JetX, Lucky Jet, Aviator) with real-time betting mechanics.
5. Lottery/Piyango: Lottery products for Turkish and international markets.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Kolaybet operates an online betting and gambling platform offering sports betting, casino games (poker, slots, table and card games), e-sports betting, lotteries, and proprietary crash games (JetX, Lucky Jet, Aviator), as well as entertainment and political event betting. The platform serves users across 19 languages and 5 continents, with Turkey as a primary market.

Product overview

Kolaybet is an online betting and gambling platform. The platform offers sports betting, casino games, e-sports betting, poker, slots, table and card games, lotteries, and crash games (JetX, Lucky Jet, Aviator). It also features entertainment and political event betting.

Differentiator

Problem solved

Functional benefit

Products and services

• Kolaybet Online Betting and Casino Platform Direct-to-consumer online betting and gambling platform offering sports betting, casino games (poker, slots, table and card games), e-sports betting, lotteries, and proprietary crash games (JetX, Lucky Jet, Aviator). Also features entertainment and political event betting. Supports 19 languages across Europe, Asia, Africa, North America, and South America, with Turkey as the primary market.

Quantifiable outcome

• 1M+ registered users

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• MFI Investments LimitedcoreOthersParent company of Kolaybet brand. Registered in Cyprus as an offshore jurisdiction. Owns the Kolaybet brand and platform operations.

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• 1xBet: Cyprus-registered, Curaçao-licensed online sportsbook and casino offering sports, casino, e-sports, poker and crash games across 50+ countries. Functionally the closest mirror to Kolaybet in product mix, jurisdictional footprint and operating model.
• Pin-Up Casino & Sports: Offshore-licensed sportsbook and online casino targeting Turkey, CIS and Eastern Europe with a similar multi-product strategy and comparable brand voice; a like-for-like benchmark for Kolaybet's product portfolio and marketing approach.
• 22Bet: Curaçao-licensed online sportsbook and casino with extensive multi-language localization and a product stack (sportsbook, casino, e-sports) that closely parallels Kolaybet's offering in regulated and gray markets.
• Stake.com: Crypto-first online sportsbook and casino operator covering sports, e-sports and in-house crash-style games. A relevant peer because it shares Kolaybet's mix of traditional betting and proprietary crash-game content, despite a differentiated crypto-banking stack.
• 1win (formerly FirstBet / pre-split brand): Direct historical brand predecessor of Kolaybet under MFI Investments Limited; compares as essentially the same operating DNA across CIS, Turkey and Africa, useful as a benchmark for traffic and product evolution since the split.
• BetWinner: Tied to the same 1xBet-affiliated operator network, BetWinner runs a multi-vertical (sports + casino + e-sports + virtuals) platform under an offshore license with similar bonus-aggressive customer acquisition. Directly comparable to Kolaybet in products, GTM and regulatory posture.
• Betano: Kaizen Gaming-owned sportsbook and casino with strong localization footprints in LatAm, Europe and Africa. Comparable to Kolaybet in product breadth and global multilingual reach, though operating with stronger licensing in regulated markets.
• Mostbet: Multi-vertical online sportsbook and casino platform serving Turkey, CIS and Latin America with similar product breadth (sports, casino, e-sports) and comparable bonus-led acquisition tactics targeting overlapping customer segments.

Broad incumbents

• Bet365: Globally dominant regulated sportsbook and gaming operator; relevant as the large-incumbent benchmark that defines competitive boundaries in odds, product depth and customer acquisition spend for the broader market Kolaybet competes in.

Emerging players

• Bets.io: Crypto-native online casino and sportsbook with a curated multi-product offering. Comparable as a smaller-scale multi-vertical operator sharing Kolaybet's interest in crash games, sports and casino, but at a meaningfully smaller scale and narrower footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ajas-aviation-services

Compliance2 records

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 Ajas Aviation Services