Setu
Betzillo Casino, operated by Betzillo Limited and launched December 2024 under a Curacao license, is a combined online casino and sportsbook targeting Australian and New Zealand players with crypto-friendly banking, 11 third-party studio integrations, and proprietary BZ Originals games.
- Company typePrivate
- Founded2024
- Headquarters—
- Headcount101–250
- GTM typeB2C
- OfferingSoftware
What Setu does
Betzillo Casino is an online casino and sportsbook operated by Betzillo Limited, launched in December 2024 under a Curacao license and targeted at players in Australia and New Zealand. The platform combines casino gaming (pokies, table games, live dealer, crash games) and sports wagering across Australian Football, Rugby League, Basketball, Soccer, Cricket, Tennis, and other sports within a single web-based interface accessible via desktop and mobile browsers (iOS and Android), with no dedicated mobile application. Content is supplied through integrations with 11 third-party game studios — including Pragmatic Play, Evolution, Play'n GO, BGaming, BetSoft, NoLimit City, Hacksaw Gaming, Yggdrasil, Quickspin, Red Tiger, and Push Gaming — alongside a proprietary suite of in-house games called BZ Originals (Mines, Crash, Plinko, Dice, HiLo, Limbo, Keno, Dragon's Tower, Wheel).
The business model is direct-to-consumer gambling, generating revenue through the house edge on casino wagers and the spread/margin on sportsbook odds, supplemented by a 10-tier loyalty program (BZ Points, Amberflame to Pyrocryst) that drives retention. Player acquisition runs through the Betzillo website, affiliate and review partners, and organic search, with a 3-part welcome package (up to AU$1,500 plus 60 free spins) and a sportsbook free bet (AU$50) as primary incentives. Banking supports both fiat (AUD via Visa, Mastercard, and bank transfer) and cryptocurrency (BTC, ETH, USDT on TRC20/ERC20, USDC), with a minimum deposit of AU$30 and per-transaction withdrawal limits of AU$50 to AU$9,000. Customer support operates 24/7 via live chat and email. As an offshore operator without Australian regulatory licensing, the platform competes on convenience, crypto access, combined casino-and-sportsbook offering, and bonus generosity rather than regulatory legitimacy.
Setu firmographics
Firmographics- Name
- Setu
- Legal name
- Betzillo Limited
- Website
- https://setu-deso.web.app
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Betzillo Casino, operated by Betzillo Limited and launched December 2024 under a Curacao license, is a combined online casino and sportsbook targeting Australian and New Zealand players with crypto-friendly banking, 11 third-party studio integrations, and proprietary BZ Originals games.
- Ownership category
- akta.pro rank
Setu industry classification
Industry- Product category
- Online Casino and Sportsbook
- NAICS
- Casinos (except Casino Hotels) (713210)
- SIC
- Services-Miscellaneous Amusement & Recreation (7990)
- akta.pro primary industry
- Crypto Casinos (MPAEABAD)
- akta.pro secondary industry
- Sportsbooks (Online & Mobile Operators) (MPAEACAA)
Keywords
Setu business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Marketing or Sales, Technology or R&D, Operations, Personnel, Others
Revenue model
- Casino Gaming Revenue: Revenue generated from casino game wagers including pokies, table games, live dealer games, and crash/casual games. House edge built into games creates consistent margin. Wagering requirements on bonuses help retain player funds.
- Sports Betting Revenue: Revenue from sports wagers across Australian Football, Rugby League, Basketball, Soccer, Cricket, Tennis, and other sports. Spread/margin on odds creates revenue.
- Loyalty Program Revenue: 10-level BZ Points loyalty program (Amberflame to Pyrocryst) that rewards regular play with cashback, wager-free bonuses, free spins, and VIP host support. Creates retention and re-engagement revenue opportunity.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Casino Welcome Package - 3-part deposit match up to AU$1,500 + 60 Free Spins |
| Subscription | Pay-as-you-go | Sportsbook Welcome Offer - AU$50 Free Bet |
| Unit Pricing | Pay-as-you-go | Minimum Deposit: AU$30 |
| Unit Pricing | Pay-as-you-go | Withdrawal Limits: AU$50 to AU$9,000 per transaction |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Setu product offering
Product offeringCore offering
Setu operates a web-based online casino and sportsbook that delivers real-money gambling entertainment including pokies, table games, live dealer games, crash/casual games and proprietary BZ Originals, alongside a sportsbook covering Australian Football, Rugby League, Basketball, Soccer, Cricket, Tennis and other sports. The platform accepts fiat (AUD via Visa/Mastercard) and crypto (BTC, ETH, USDT, USDC) deposits, offers a three-part welcome package up to AU$1,500 plus 60 free spins and a AU$50 sportsbook free bet, and rewards players through a 10-tier BZ Points loyalty program. The offering is targeted at Australian and New Zealand adult players aged 18+ under a Curacao license.
Differentiator
Problem solved
Functional benefit
Brands
- BZ Originals: Exclusive in-house games including Mines, Crash, Plinko, Dice, HiLo, Limbo, Keno, Dragon's Tower and Wheel.
Products and services
- Online Casino Web-based online casino offering pokies, table games (blackjack, roulette, baccarat, poker variants), live dealer games (live blackjack, live roulette, live baccarat, game shows), crash and casual games, and proprietary BZ Originals in-house titles. RNG-certified, with KYC verification. Targeted at Australian and New Zealand adult players.
- Online Sportsbook Online sports betting product covering Australian Football, Rugby League, Basketball, Soccer, Cricket, Tennis, Rugby Union, Boxing, Baseball, MMA, Ice Hockey and American Football. Revenue generated via spread/margin on odds. AU$50 Free Bet welcome offer with no wagering for new players in Australia and New Zealand (capped at AU$200).
Quantifiable outcome
- Welcome package up to AU$1,500 + 60 Free Spins across first 3 deposits
- +2 more outcomes
Companies that use Setu
Customer profileSegments1 record
Ideal customer profiles1 record
Setu technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Setu partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and major.
- Pragmatic PlaycoreGame studio providing popular slot titles including Gates of Olympus Super Scatter, Sugar Rush, and Sweet Bonanza. Pragmatic Play provides the bulk of Betzillo's pokies library and is a flagship game provider on the platform. Free spins on Gates of Olympus Super Scatter included in welcome package.
- EvolutioncoreLeading live casino provider supplying live dealer games including Live Blackjack (Gravity Blackjack, One Blackjack, Speed Blackjack), Live Roulette (Gravity Roulette, Mega Roulette, Auto Roulette), and Live Baccarat variants (Speed Baccarat, Squeeze Baccarat, Fortune 6 Baccarat).
- BGamingmajorGame studio providing certified casino games to the Betzillo platform, contributing to the pokies and table games library.
- BetSoftmajorGame studio providing casino game titles to the Betzillo platform, known for 3D slots and innovative game mechanics.
- NoLimit CitymajorGame studio providing high-volatility slot titles and innovative casino games to the Betzillo platform.
- Play'n GOcoreLeading game studio providing popular slot titles and casino games to the Betzillo platform. Contributes to the diverse pokies library alongside Pragmatic Play.
- Hacksaw GamingmajorGame studio providing innovative slot titles and crash-style games to the Betzillo platform.
- YggdrasilmajorGame studio providing casino game titles to the Betzillo platform, known for innovative mechanics and engaging slot experiences.
- QuickspinmajorGame studio providing high-quality video slots and casino games to the Betzillo platform.
- Red TigermajorGame studio providing slot titles and casino games to the Betzillo platform, known for daily jackpots and quality gaming experiences.
- Push GamingmajorGame studio providing slot titles and casino games to the Betzillo platform.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Setu competitors and assessment
Company assessmentDirect peers
- SkyCrown Casino: SkyCrown is an offshore online casino targeting Australian players with combined pokies, table, live dealer content and crypto-friendly deposits. Comparable to Betzillo on ANZ targeting, crypto payments, and multi-studio content aggregation.
- Wild Fortune Casino: Wild Fortune is a Curacao-licensed online casino with pokies, live dealer, and table games marketed to Australian and NZ players with multi-currency support. Comparable to Betzillo on geography, license type, and bonus-led acquisition strategy.
- King Billy Casino: King Billy is a Curacao-licensed online casino with extensive slots, live dealer, and loyalty program aimed at international players including Australia. Comparable on licensing posture, multi-studio aggregation, and tiered loyalty model.
- PlayAmo Casino: PlayAmo is an offshore online casino serving Australian players with pokies, live casino, table games, and crypto-friendly banking (BTC, ETH, USDT). Directly comparable to Betzillo on Australian geo-targeting, crypto support, and multi-provider content aggregation.
- Bizzo Casino: Bizzo Casino is an offshore online casino explicitly targeting Australian and New Zealand players with combined pokies, table games, and live dealer content under one roof. Directly comparable to Betzillo on geography (ANZ), Curacao-style offshore model, and multi-studio game aggregation.
- BitStarz: BitStarz is a well-established crypto-friendly online casino offering thousands of slots, table games, and live dealer titles, plus multi-currency support including BTC/ETH/USDT. Closely comparable to Betzillo on crypto banking, game library breadth, and bonus-driven acquisition model.
- Woo Casino: Woo Casino is an offshore online casino with strong Australian focus, multi-provider pokies library, and crypto deposit options. Comparable to Betzillo on offshore Australian targeting, bonus-led GTM, and combined slots + live dealer offering.
Emerging players
- FortuneJack: FortuneJack is a long-running crypto-only online casino offering slots, live dealer, and sports betting with BTC, ETH, USDT support. Comparable to Betzillo on crypto-only banking, combined casino + sportsbook, and offshore licensing model.
- Roobet: Roobet is a crypto-native online casino and sportsbook with proprietary crash-style games and strong brand presence in crypto-native player segments. Comparable to Betzillo on crypto-native banking and proprietary in-house games (BZ Originals overlap with Roobet's exclusive titles).
Broad incumbents
- Stake.com: Stake.com is the dominant crypto-first online casino and sportsbook globally and a major acquisition competitor for Australian-facing traffic. Comparable because of crypto-native banking (BTC, ETH, USDT, etc.) and combined casino + sportsbook on a single platform, though at much larger scale and brand recognition.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Setu social profiles
Digital presenceSetu financial estimates
Financial estimateRevenue estimate
Valuation estimate
Setu leadership team
Management profileNumber of profiles
Setu funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Setu M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Setu
What does Setu do?
Setu operates a web-based online casino and sportsbook that delivers real-money gambling entertainment including pokies, table games, live dealer games, crash/casual games and proprietary BZ Originals, alongside a sportsbook covering Australian Football, Rugby League, Basketball, Soccer, Cricket, Tennis and other sports. The platform accepts fiat (AUD via Visa/Mastercard) and crypto (BTC, ETH, USDT, USDC) deposits, offers a three-part welcome package up to AU$1,500 plus 60 free spins and a AU$50 sportsbook free bet, and rewards players through a 10-tier BZ Points loyalty program. The offering is targeted at Australian and New Zealand adult players aged 18+ under a Curacao license.
Is Setu a public or private company?
Setu is a private company. It is classified as unknown and is currently operating.
When was Setu founded?
Setu was founded in 2024. It employs 101 to 250 people.
How does Setu make money?
Three revenue lines are on record. Casino Gaming Revenue is the primary driver. The others are sports Betting Revenue and loyalty Program Revenue.
Who are Setu's main competitors?
Direct peers on record are SkyCrown Casino, Wild Fortune Casino, King Billy Casino, PlayAmo Casino, Bizzo Casino, BitStarz and Woo Casino. Emerging players are FortuneJack and Roobet. Stake.com is listed as a broad incumbent.
Does Setu have an API?
No public API is recorded for Setu.
What industry is Setu in?
Setu's product category is Online Casino and Sportsbook. Its primary akta.pro industry code is MPAEABAD, Crypto Casinos, with a secondary code of MPAEACAA, Sportsbooks (Online & Mobile Operators). Its NAICS code is 713210 and its SIC code is 7990.