LyraBet Casino - Review & Experiences

LyraBet Casino entered the online gaming scene in June 2025 and is operated by Damagi Marketing Solutions LTD, a Cyprus-based company regulated in Estonia under license numbers HKL000373 and HKT000060. Despite its name suggesting a strong focus on sports betting, LyraBet currently offers no sportsbook features at the time of writing. Instead, it positions itself as a traditional online casino – one with a sci-fi-inspired look, cashflow welcome bonus, and access to thousands of games from top-tier providers.

LyraBet Casino kicks off with a 200% deposit bonus up to €1,000, designed to triple your first deposit. But this isn’t your standard upfront bonus. Instead, it's a cashflow style offer, meaning the bonus gets unlocked gradually as you wager.

How it works:

• Make your first deposit to activate the bonus.
• The bonus amount is locked until wagering is completed.
• You wager using real money only.
• A Wager Tracker on your account sidebar shows exactly how much you've completed.

Example:

• Deposit €500 → Receive €1,000 in locked bonus funds.
• You must wager €30,000 (€1,000 × 30x) to release the full bonus.
• Winnings are paid out in real money, not bonus credits.

Important Terms:

• Minimum deposit: €20
• Wagering: 30x the bonus amount (Estonia: 50x)
• Slots contribute 100%; table games and live casino: 0%
• Must complete within 3 days
• Max bonus winnings capped at €10,000

LyraBet brings serious firepower to the table when it comes to games. The site boasts a solid mix of over 50 software providers, including fan favorites like Pragmatic Play, Play’n GO, NetEnt, Nolimit City, Relax Gaming, and Hacksaw Gaming. That means players get access to everything from volatile bonus buys to classic fruit machines and Megaways slots.

You’ll find featured titles like:

• San Quentin 2
• Money Train 4
• Extra Chilli
• Zeus vs Hades: Gods of War
• Donny Dough

Slots aren’t the only highlight. LyraBet’s Live Casino is well-stocked with providers like Evolution, Pragmatic Live, Playtech, Ezugi, Vivo Gaming, and Live88. You’ll find a good balance of traditional tables and fun game show formats.

Top live games include:

• Crazy Time
• Lightning Roulette
• Exclusive Blackjack
• Marble Race

Navigation is intuitive, with categories like:

• Recommended
• Trending
• Feature Buy
• Drops & Wins
• New Releases
• Table Games
• Provider of the Month

LyraBet’s futuristic theme gives the platform a sci-fi edge, backed by dark purple and electric blue hues. The layout is sleek and responsive, with top navigation tabs for Casino, Live Casino, and Promotions.

The homepage deposit widget is a convenient touch – pick your amount and go straight into gameplay. Game thumbnails are crisp, with hover animations and fast loading.

Multiple languages are supported, including English, Finnish, German, Polish, Spanish, Italian, and Portuguese.

Players can reach out via:

• 💬 Live Chat: Available after login
• 📧 Email: [email protected]

There’s also an extensive Help Centre and FAQ section to troubleshoot common issues like KYC, deposits, and withdrawal delays.

LyraBet is operated by Damagi Marketing Solutions LTD, a Cyprus-based company licensed and regulated by the Estonian Tax Office under license numbers HKL000373 and HKT000060. The platform follows industry-standard practices for encryption and data security, including SSL encryption for protecting personal and financial data.

All games run on certified Random Number Generators (RNGs), and LyraBet complies with Estonia’s regulatory standards for fairness and player protection.

While it does not carry an EU-wide license like MGA, Estonia’s licensing is recognized and regulated within the European Union.