(PRESS RELEASE) -- Global innovator and award-winning provider of sports betting and gaming solutions, SBTech has been granted a remote operating license for the supply of gambling software in the U.K. market.
SBTech obtained this license after the U.K.'s Gambling Commission required operators licensed in the U.K. to source their gambling software from licensed operators only.
The company’s newly awarded license is expected to strengthen its reputation and position within the U.K. market and serve as another milestone in SBTech's strategy to expand further into regulated markets.
Itai Zak, CEO of SBTech, commented, "We're pleased to be officially licensed by the U.K. Gambling Commission after the implementation of further stringent regulations in relation to sports betting and gaming services within the U.K. The U.K. market is an important key market for the company and the licenses will allow us to target further growth in this market. It also serves as testament to the quality of SBTech's sports betting and gaming platform, which millions of players around the globe now enjoy, and the high standards it meets bolster our reputation as a respected and highly regarded industry leader."