Sports betting software and platform provider SBTech has this morning confirmed that it has secured a full Class 4 Malta Gaming Authority Remote Gaming Licence.
Announcing its Malta Class 4 license, SBTech governance declared that it was an important feature of continuing its corporate strategy of expanding the firm’s operations in regulated markets.
SBTech adds its Malta MGA Class 4 licence to its existing UKGC gambling software and technology authorisation granted in March 2015.
Richard Carter, CEO of SBTech was pleased to have secured a Malta Class 4 licence, commenting:
“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, welcomed the addition of SBTech as Malta licensed software providers:
“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 licensing process.”