Spinit Review 2026 – No Longer MGA (Taxable Winnings)
Spinit was once a favorite among European players due to its MGA license and tax-free winnings. However, times have changed. Following corporate restructuring, Spinit now operates under an offshore license (typically Curacao).
This means players need to be aware that the high regulatory standards of Malta no longer apply, and for many Europeans, winnings are now taxable.
📋 Quick Facts
1. Bonuses and Terms
Spinit continues to offer large welcome packages to attract players to its new platform.
Welcome Offer: Usually a substantial match bonus on the first 4 deposits + Free Spins.
Wagering: Be cautious. With the shift to offshore licensing, wagering terms can sometimes include both the deposit and bonus amount. Always read the fine print.
Campaigns: They still offer "Spinner's Choice" and other weekly reloads.
2. Game Library
The core of Spinit remains its game selection.
Slots: A solid library of 1,000+ games. You will find major providers like Pragmatic Play and Play'n GO.
Live Casino: Tables for Roulette, Blackjack, and Game Shows are available, streamed in HD.
3. Banking
With the loss of the MGA license, payment methods may have shifted.
Deposits: Major credit cards and e-wallets (Skrill/Neteller) work standardly. Instant banking options (like Trustly) might be unavailable depending on your region.
Withdrawals: Expect processing times of 1–3 days. Verification (KYC) is still required, and withdrawal fees may apply.
4. Is Spinit Safe?
It is a legitimate site in terms of technical security (SSL), but the regulatory safety net is gone.
Licensing: Operating under an offshore license means less protection for player funds and dispute resolution compared to the MGA era.
Taxes: The biggest drawback. Winnings are not tax-free for players in Finland/EU.
✅ Pros
Good user interface for mobile.
Large selection of slots.
Familiar brand for experienced players.
❌ Cons
No longer holds an MGA license (Not tax-free).
Lower player protection standards.
Withdrawal fees may apply.
Please play responsibly. 18+.
