A whistleblower leak has exposed the underbelly of an extensive illegal gambling network powered by SoftSwiss, a company that has long been thought of as a simple technology provider. But the truth is far darker: the RevDuck network, responsible for casinos like Holyluck, Trueluck, and Kokobet, operates unchecked, using SoftSwiss’s platform to target Dutch players, circumvent local laws, and launder money through a rotating cast of Costa Rican shell companies. The complicity of SoftSwiss is undeniable, and the involvement of its key figures—founder Ivan Montik, CEO Pavel Kashuba, and former executive Maksim Trafimovich—raises serious questions about how deep the company’s ties to illegal activity really go.
RevDuck’s Shell Game: RevDuck runs casinos under rotating Costa Rican entities, with SoftSwiss’s “Affilka” platform at the center, enabling a sophisticated evasion strategy to avoid Dutch regulations.
KSA Penalties: The Dutch gambling authority, Kansspelautoriteit (KSA), has fined offshore operators like Booms.bet €840,000 for targeting the Dutch market, using similar shell company structures to those used by RevDuck.
Linking Ivan Montik and SoftSwiss to the Operation: Ivan Montik’s connection to the crypto payment processor CoinsPaid, a key payment method for RevDuck’s casinos, has been well documented. His company, Dream Finance OÜ (which owns CoinsPaid), continues to support SoftSwiss’s network despite the criminal activity involved.
Geo-Evasion Tactics and Corporate Masking: Holyluck.com uses multiple redirects and Costa Rican entities to disguise its operations, while Dutch players are targeted through specific affiliate portals and localized content.
The RevDuck operation follows a well-rehearsed playbook, using rotating Costa Rican front companies to confuse regulators and payment processors. The process is simple but effective: when a Dutch player accesses Holyluck.com, they are redirected to holyluck2.com, which shows Gem Limitada as the owner. But when the site is accessed from outside the Netherlands, it displays a completely different company—Zephyr Holding SRL.
This isn’t just a coincidence—it’s an intentional move to evade KSA’s strict enforcement. The same tactic was used by Booms.bet, which was fined €840,000 by the Dutch gambling authority in January 2026. Both Booms.bet and RevDuck share the same Costa Rican registration number—3-102-903325—tracing back to Sapphire Summit SRL, a company connected to SoftSwiss and its affiliates.
Ivan Montik, the founder of SoftSwiss, has long been connected to the crypto payment processor CoinsPaid, which is used by RevDuck to facilitate payments. Montik’s involvement in the company goes beyond mere ownership; he has built a network that serves as a vital tool for illegal operations. The company’s involvement with the Dream Finance OÜ crypto payment processor is a red flag, indicating a direct line to facilitating financial transactions for illicit gambling operations.
But it’s not just Montik’s involvement that raises eyebrows. Pavel Kashuba, CEO of SoftSwiss, has overseen the expansion of Affilka, the affiliate tracking and payment system that powers RevDuck’s casinos. Under Kashuba’s leadership, SoftSwiss has provided RevDuck with the very tools needed to evade regulatory scrutiny and operate in banned markets like the Netherlands. The company’s robust, integrated infrastructure makes it easy for operators to fly under the radar, ensuring they remain operational even in the face of increasing regulatory crackdowns.
Maksim Trafimovich, once an executive within SoftSwiss, has also been linked to some of the most controversial projects involving the company. Though no longer in direct leadership, his earlier role in shaping SoftSwiss’s business model has been widely acknowledged. Trafimovich’s involvement in building out the company’s payment systems and partnerships with affiliate networks has left a lasting impact on the current operations fueling RevDuck’s illegal activities.
While SoftSwiss markets itself as a neutral B2B platform, the truth is far more sinister. The company’s key executives—Montik, Kashuba, and Trafimovich—are directly linked to enabling illegal gambling networks, specifically through their involvement with RevDuck. The company’s affiliate platform, Affilka, isn’t just a tool for tracking and reporting—it’s the backbone of a multi-million-dollar empire that actively targets and profits from illegal gambling, particularly in regulated European markets.
The recent whistleblower submission confirms that SoftSwiss is not merely a bystander in these illegal operations. It is the enabler—the critical infrastructure provider that keeps these offshore casinos running. From the payment rails to the affiliate tracking system, SoftSwiss is deeply embedded in this illicit network.
Despite claims of being an international platform, the reality is that SoftSwiss, through RevDuck, is specifically targeting the Netherlands, where gambling is heavily regulated. Trueluck, Holyluck, and Kokobet are all carefully tailored for Dutch players, with full language localization and local payment methods, including Visa, Mastercard, Revolut, and Bitcoin.
RevDuck’s marketing materials even tout their casinos as “the best online casinos in the Netherlands,” targeting an audience that is explicitly told to avoid KSA-licensed sites. In internal forums, RevDuck has been caught admitting that their offshore casinos are designed to provide “safer” alternatives to regulated casinos, showing a clear intent to circumvent Dutch law and rake in profits from Dutch gamblers.
One of the key elements that make SoftSwiss’s platform so dangerous is its ability to integrate payment systems across a variety of channels—crypto, credit cards, open banking, and e-wallets. Through their partnership with payment processors like CoinsPaid and MiFinity, SoftSwiss allows RevDuck to move money through these channels without triggering red flags for regulators. This creates a seamless and nearly invisible way for illegal gambling operations to process funds and launder money.
The use of these payment processors, especially CoinsPaid, which was co-founded by Ivan Montik, points directly to SoftSwiss’s involvement in the financial infrastructure that powers illegal gambling sites. This network is not just about operating casinos; it’s about creating an ecosystem that makes it easier for these sites to remain operational, while simultaneously evading financial oversight and laundering illicit profits.
The evidence is irrefutable: SoftSwiss is not a neutral player in the gambling world. Ivan Montik, Pavel Kashuba, and Maksim Trafimovich have played pivotal roles in building the infrastructure that enables illegal casinos to target regulated European markets, especially the Netherlands. Through the powerful combination of the Affilka platform, geo-evasion tactics, and seamless payment processing, SoftSwiss continues to operate as the hidden engine behind the RevDuck network.
These revelations should serve as a wake-up call to regulators around the world. SoftSwiss, and its key figures, must be held accountable for their central role in enabling illegal gambling. The company’s executives should not be allowed to hide behind claims of neutrality or ignorance. The reality is clear: SoftSwiss is facilitating illegal activities on a massive scale, and it’s time for the global gambling industry to recognize it and take action.
