I’ve been digging around trying to figure out where TopWager365 is actually licensed/regulated, and the answer is pretty simple: they’re not.
There’s no license number anywhere on the site, no regulator seal, nothing in the footer, nothing in their T&Cs. In fact, their own terms flat out say they’re a “foreign company” and that they don’t report player winnings to any government agency. That’s offshore-speak for unregulated.
So if you’re playing there, just know you’re doing it at your own risk — there’s no safety net, no recourse with a regulator if things go sideways. When they pay, great (and they have not been)… but if they decide not to, you’ve got nowhere official to turn.
That doesn’t make them unique — lots of these bonus-heavy shops operate the same way — but anyone considering them should go in with eyes open: TopWager365 is unlicensed and completely unregulated.