• BetConstruct Now Holds a License to Operate in Spain

    19 October 2015

    Betconstruct spanish license

    About five or six years ago, countries in Western Europe started regulating the online gambling industry on a country-by-country basis. Spain was one of the first countries to do so in the region, and they were one of the pioneers in what's now known as standard operating procedure for countries who want to regulate online gambling. They've recently awarded a license for BetConstruct's sports betting platform, and that's huge news for the company for a variety of reasons.

    Spain's High Standards

    The first thing to realize about this deal is that Spain has some pretty strict standards for the software companies and operators that they award licenses to in the online gambling industry. To drive this point home, realize that they've only fairly recently started allowing all types of casino games, and they were actually regulating things down to a game-by-game basis in many cases. For BetConstruct to get their vote of confidence, it will make it much easier for them to receive licensing in other countries in the future.

    An Overall Strategy

    BetConstruct is expecting big things over the next few years. They've even went so far as to open a new office in Cyprus that will oversee the execution of their international sales strategies, and it will also serve as a sort of home base for the development of their services. In short, they're looking to grow in a major way, and getting a license in Spain right now is a great way to kick that growth off. From here on out, we're probably going to see more licenses granted to this company as they continue to grow.

    Sports Betting Online and in Retail

    The online sports betting world in Europe has seen a ton of changes in 2015. There have been big mergers that have caused the sports betting landscape to completely shift, and BetConstruct is hoping that they can make progress in both the retail and online markets in the middle of this chaos. There's definitely a large enough sports betting market for them to be able to take over a significant portion of it, and if they continue pushing, we could see them the target of another takeover or purchase in a few years once they become a more serious competitor to the top names in the industry.

    Related News

    • Design works gaming expands its footprint in the us

      Gambling News

      Design Works Gaming Expands Footprint in the USIvan Stefanovic25 October 2021

      Design Works Gaming (DWG), an online casino provider, is ready to supply its content across the United States. The company received a license to supply its games to online casino providers in Michigan and Pennsylvania. The company has obtained daily clearances from the Michigan Gambling Control Board and the Pennsylvania Gaming Control Board, which enabled them to deliver content to regulated online casinos in the country.

      Read full article
    • Softswiss received serbian gambling license

      Gambling News

      SoftSwiss Receives Serbian Gambling LicenseIvan Stefanovic17 September 2021

      SoftSwiss recently marked another milestone in its international expansion strategy after gaining a license from the Gambling Authority of Serbia. With this accreditation, the supplier has become the first locally licensed company to operate exclusively across online platforms. The brand announced that as a condition for obtaining a Serbian license, its software platform has been evaluated and certified by a competent government authority.

      Read full article
    • Softswiss to supply its content across greek market

      Gambling News

      SoftSwiss to Supply its Content Across Greek MarketIvan Stefanovic06 August 2021

      SoftSwiss, an online casino provider, has obtained a license from the Greek gambling regulatory body. The leading casino provider announced that it recently received an online casino license from the Hellenic Gaming Commission. This is the newest announcement achieved by SoftSwiss which follows the company's mission to expand its global presence. The Greek license allows this brand to distribute its content to local operators in the country. A Tremendous Landmark

      Read full article