Bovada, established in 2011, is an online gambling platform offering a wide range of services, including sports betting, casino games, poker, and horse racing. The company primarily targets U.S. players, especially in states where online gambling remains unregulated. Operating from Costa Rica, Bovada holds offshore licenses, including one from the Anjouan Gaming Board, which has raised questions about its regulatory oversight. The platform supports cryptocurrency transactions, such as Bitcoin and Ethereum, and offers bonuses for crypto payments. However, Bovada has faced legal challenges in several U.S. states, receiving cease-and-desist letters for operating without proper licenses, leading to its blacklisting by some review platforms.
