DragonBet
DragonBet is an online betting and casino site operated by DragonBet Ltd. The operator is newly licensed by the UK Gambling Commission as of July 2024 and currently has no history of regulatory enforcement actions.
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About
DragonBet is a gambling brand operated by DragonBet Ltd. The company holds an active licence from the UK Gambling Commission (UKGC), which means it's legally permitted to offer gambling services to customers in Great Britain.
According to its website, DragonBet offers sports betting and online casino games, including live dealer tables. The site claims to provide features like Bet Builder, Cash Out, and In-Play Betting. It also lists common payment methods such as Visa, Mastercard, and Apple Pay.
It's important for consumers to know that the operator, DragonBet Ltd, is a new entry to the market. Company records show it was incorporated on 14 May 2024 and received its first UKGC licence on 31 July 2024.
Features & Offerings
Key Offerings
- Slots
- Live casino
Main Features
- Bet Builder
- Cash Out
- In-Play Betting
- Live Streaming
- Price Boosts
Incentives
According to their website (checked 21 Feb 2026):
Welcome Offers
New players get a cashback-style welcome offer that returns a percentage of any first-day sportsbook losses as a free bet.
Moneyback25Expires 16 Dec 2027Conditions Explained
This offer is only available to Welsh residents. You'll need to enter a promo code when registering, then place at least three qualifying bets at minimum odds of 1.5 before the end of your first day's betting. Only sportsbook bets count towards this offer, so anything placed on casino, live casino, or virtual sports is excluded. If you finish the day in the red, you get 50% of those losses back as a free bet token, capped at £25. Free bet tokens must be used within 7 days or they expire. When you use a free bet token and win, the stake isn't returned to you, so you only receive the winnings on top. The offer is limited to one per household, email address, and IP address.
Can You Trust DragonBet?
Positive Signals
- Actively licensed by the UK Gambling Commission
- Operated by the named licence holder DragonBet Ltd
- No recorded regulatory actions or fines
- Uses IBAS for independent dispute resolution
Concerns
- Operator is newly licensed as of July 2024
- Low user review score on Trustpilot (2.9/5)
What Users Say
On Trustpilot, DragonBet has a rating of 2.9 out of 5 based on 355 reviews. This is a 'Poor' rating on the platform's scale, which suggests a mixed or negative customer experience for many users.
Regulatory Context
While some users may report issues, there are currently no regulatory actions against DragonBet Ltd that relate to common topics of consumer complaints.
Source: Trustpilot
UKGC Licence Status
DragonBet Ltd holds several active licences from the UKGC. These include a Remote Casino licence, which permits online slots and table games, and licences for General Betting Standard (Real Event) and General Betting Standard (Virtual Event), which allow it to offer betting on real sports and computer-generated events.
If you have a complaint that you can't resolve with the operator directly, your case can be referred to the Independent Betting Adjudication Service (IBAS). IBAS is an approved Alternative Dispute Resolution service that provides impartial rulings on disputes between gambling operators and consumers.
Regulatory Actions
The operator, DragonBet Ltd, has no recorded regulatory actions from the UK Gambling Commission.
Site Assessment
Licensed Operator
The DragonBet brand is run by DragonBet Ltd, a company registered in Cardiff. It's a new operator in the UK market, having been incorporated and licensed in mid-2024.
As a recently licensed entity, DragonBet Ltd doesn't have a long-term regulatory track record yet. Its UKGC licence (account number 64908) is currently active, and it has maintained a clean enforcement record since it started operating.
Other Sites by DragonBet Ltd
This operator also runs 2 other licensed gambling sites: