LONDON, August 1, 2016 /PRNewswire/ --
SBTech, a world-leading provider of online Sportsbetting solutions, management services and iGaming platforms, has been awarded a full Class 4 Remote Gaming License by the Maltese Gaming Authority.
The Maltese licence adds to SBTech's ever-increasing portfolio of European permits, as the company continues to expand its operations across the continent and beyond.
SBTech's expertise in equipping international operators with intelligent, localised sportsbook offerings is based on unrivalled industry knowledge, and is at the core of its exponential growth in recent years.
Richard Carter, CEO of SBTech, explains: "Our ongoing strategy is to increase the number of markets we are licenced to operate in, in order to offer our tailor-made services to the new generation of Sportbetting platforms. Thanks to the efficiency and professionalism of both the Maltese Gaming Authority and our in-house legal team, I am delighted to confirm that we have fulfilled all the requirements and have secured this much sought-after licence."
SBTech now aims to cement its position as a market-leading provider of bespoke sportsbooks to operators in regulated markets, using the MGA Remote Gaming Licence as a springboard to even greater success. As well as existing Malta-based clients including ComeOn and NetBet, SBTech expects to be signing additional deals with a range of other Maltese licenced operators in the near future.
Joseph Cuschieri, Executive Chairman of the MGA, comments: "It was our pleasure to work with the SBTech team during the process of granting the company's Class IV Remote Gaming Licence. We are proud of the fact that our regulatory and technical standards are some of the most demanding in the global gaming industry, and we were satisfied with the company's diligence and thoroughness in providing us with all the information we required at every stage of the license process".
SBTech, 2016 EGR Best In-Play Betting Software award winner, is a leading provider of interactive Sportsbetting solutions and services to traditional and regulated markets. The complete offering includes an innovative, dynamic and customisable suite of turnkey and fully managed solutions, specifically designed for top gaming operators, existing bookmakers and land-based networks.