Multi content igaming technology provider, SBTech has been granted a remote operating licence for the supply of gambling software and technology for the UK online gambling market.
SBTech announced that it had obtained its license after the UK’s Gambling Commission (UKGC) approved its software for service provision for UK betting and igaming operators.
Under new UK laws all igaming B2B service provides are required operators licenses in order to source their gambling software . The company’s newly awarded license is expected to strengthen its reputation and position within the UK 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 UK Gambling Commission after the implementation of further stringent regulations in relation to sports betting and gaming services within the UK. The UK market is an important key market for the company and the licences 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.”