What JETCO does

JETCO operates Golfbet (گلف‌بت), an online casino and sports betting platform serving Iranian users. Functionally, the platform delivers a unified gambling experience covering sportsbook wagering (football, basketball, tennis, live betting, and esports predictions), an online casino (slots, live dealer games such as roulette, poker, blackjack, and baccarat, TV games, table games, and virtual sports), a bonus/promotional system (welcome, sports, casino, cashback), and a multi-tier loyalty program with personal account managers and faster payouts for higher tiers. Its technology stack rests on a web-based frontend at jetco.co, a network of mirror/alternative URLs deployed to preserve access under Iranian internet filtering, a mobile-optimized site, a native Android APK application, and an iOS shortcut application. Underlying platform features include a blockchain-based transaction transparency layer that exposes user transaction and game history, SSL encryption for data in transit, and certified Random Number Generator (RNG) algorithms for game-result integrity.

The platform is operated under Estonian jurisdiction with disputes handled in Tallinn courts, while the go-to-market motion is direct-to-consumer with promotional-code-driven acquisition, referral programs, social-media presence, and 24/7 multilingual (Persian/English) customer support. Revenue is generated across multiple transactional streams: a margin on losing sportsbook wagers, house-edge economics on casino play, forced bonus-wagering turnover requirements before withdrawal, and payment processing fees (2% on bank-card withdrawals, 1% on Perfect Money, no commission on Tether). Payments are accepted in Iranian Toman, USD, and Tether (USDT) with minimum and maximum deposit thresholds.

Customer acquisition targets adult Persian-speaking users seeking gambling services restricted domestically in Iran; the platform's value proposition centers on uninterrupted access via mirror sites, multilingual support, and a diversified game library. The 155-employee organization reports an operational headquarters presence in Tehran alongside its Estonian legal domicile, and its website displays GPWA Approved Portal and DMCA compliance badges.

Name

JETCO

Legal name

Unknown

Website

https://jetco.co

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

JETCO operates Golfbet, an online casino and sports betting platform serving Iranian users with sportsbook wagering, slots, live dealer games, esports, and virtual sports, accessible via website, mirror sites, and Android/iOS apps under Estonian jurisdiction.

Ownership category

akta.pro rank

Product category

Online Casino and Sports Betting

NAICS

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

akta.pro primary industry

Online Poker Casinos (Casino + Poker Rooms) (MPAEABAC)

akta.pro secondary industries

Online Poker Operators (Real-Money) (MPAEAEAC), Live Dealer Online Casinos (MPAEABAB), iCasino Compliance, KYC/AML & Responsible Gaming Services (MPAEABAN)

Keywords

• Online casino gambling
• Sports betting platform
• Live dealer casino
• Esports betting
• Virtual sports wagering

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

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

Revenue model

1. Sports Betting: Revenue generated from sports betting wagers on various sports events including football, basketball, tennis, esports, and live sports. Users place bets and the platform takes a margin on losing bets.
2. Online Casino Games: Revenue from casino games including slots, roulette, poker, blackjack, baccarat, live dealer games, and virtual sports. House edge generates revenue from player losses.
3. Bonus Wagering Requirements: Users must wager bonus amounts multiple times before withdrawal, creating additional wagering volume that benefits the platform.
4. Payment Processing Fees: Commission charged on certain withdrawal methods: 2% on bank cards, 1% on Perfect Money, with Tether withdrawals having no commission.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

JETCO, operating under the Golfbet brand, runs an online casino and sports betting platform accessible via web and native mobile applications, offering slots, live dealer games, table games, TV games, virtual sports, and pre-match and live sports betting on football, basketball, tennis, esports, and other sports. The platform is licensed under Estonian jurisdiction and is localized for Iranian users with full Persian-language support, localized payment methods (Toman, USD, USDT), and mirror-site access to circumvent regional blocking.

Product overview

Golfbet is an online casino and sports betting platform designed for Iranian users, operating under international licenses administered from Estonia. The platform offers a unified experience combining a web-based casino and sportsbook with dedicated mobile applications for Android and iOS. Core offerings include an online casino with slots, live dealer games (roulette, poker, blackjack, baccarat), TV games, and virtual sports; sports betting covering football, basketball, tennis, and esports; and a mobile application providing full access to all services. The platform is complemented by a loyalty program, bonus system, and responsible gaming tools. All services are accessible through the main website, mobile app, and mobile-optimized site versions.

Differentiator

Problem solved

Functional benefit

Products and services

• Golfbet Online Casino Online casino platform accessible via web and mobile, offering slots, live dealer games (roulette, poker, blackjack, baccarat), TV games, table games, and virtual sports, designed for Iranian-speaking adult users under Estonian-licensed operations.
• Golfbet Sports Betting Sportsbook offering pre-match and live (in-play) wagering on football, basketball, tennis, and other global sports, with live results and odds updated in real time for Iranian users.
• Golfbet Mobile Application Official mobile application for Android (APK download) and iOS (web shortcut) that provides full access to casino games, sports betting, account management, deposits and withdrawals, and customer support on smartphones.

Quantifiable outcome

• Multiple payment methods with no commission on most deposits
• +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

Feature4 records

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• 888 Holdings / 888casino: Multi-brand regulated online gambling operator with a sizeable casino portfolio; relevant as a peer for product breadth, licensing posture, and live-dealer content — though it does not focus on Iran.
• Bet365: Global sportsbook and gaming incumbent with broad product portfolio and brand recognition; competes for Iranian-facing traffic through its international site and mirrors Golfbet's offering at much larger scale.
• Betway: Established international sportsbook and casino operator with multi-jurisdiction licensing; competes for Iranian users via mirror access and serves as a benchmark for product depth and compliance.
• LeoVegas: Mobile-first international online casino and sportsbook with strong European licensing and live-dealer offering; comparable business model and product mix to Golfbet's casino-led operations.

Direct peers

• Melbet: Curacao-licensed sportsbook and casino with established Iranian market presence, similar mirror-site infrastructure, multi-currency support including crypto, and comparable product breadth in casino, sports, and esports.
• Mostbet: Online sportsbook and casino serving Iranian bettors with Persian localization, mirror-site support, and a comparable mix of sports betting and casino products.
• 1xBet: Large international online sportsbook and casino operator that explicitly serves Iranian users with Persian-language support, Toman banking, and mirror-site access — directly competing for the same customer base as Golfbet.
• Betwinner: International sportsbook/casino targeting emerging markets including Iran, offering sportsbook, casino, live dealer, and virtual sports with crypto and local-rail deposits — close head-to-head competitor.

Emerging players

• Stake.com: Crypto-native online casino and sportsbook with strong emphasis on USDT/crypto rails and provably fair gameplay — overlapping with Golfbet's blockchain transaction transparency and USDT positioning.
• Roobet: Crypto-focused online casino targeting international audiences with provably fair gaming and a streamlined product surface — adjacent comparison for Golfbet's blockchain transparency and crypto-native positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/jetcocompany

Compliance4 records

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 JETCO