It’s licensed and regulated by the Curacao Gaming Commission. Their official headquarters is at 1 Avlonos Str, Maria House 1075, Nicosia, Cyprus. Spin247 is owned and operated by Fairdos Online Services Ltd, a legitimate online gambling platform based in Cyprus. To add to this, their operational and technical team has been in the game for over 20 years! But don’t get it twisted – while Spin247 might only have been around for the last 3 years, they already have over five million registered players across the globe. Spin247 was launched in the US, Canada, and Europe in 2019 before its local introduction in 2020. Yes, Spin247 is 100% safe for South African players. KYC and FICA Verification at Online Casinos.