BetConstruct obtains license to offer Sportsbook and Casino products in Swedish market
Online gambling software supplier BetConstruct has confirmed that the Swedish Gambling Authority has granted it the license to offer its sportsbook as well as casino products in the regulated gaming and betting market of Sweden.
The online gaming and betting license issued by the European country’s gambling regulator will enable BetConstruct to operate in the country as well as to supply its licensed products to its partners which are in search of growth opportunities in the iGaming and digital sports betting arena in Sweden.
The online gambling software supplier’s entry into the Swedish iGaming and digital sports betting space is the most recent step in its strategy to continuously grow its regulated presence. BetConstruct chief executive Vigen Badalyan said that they felt honored to obtain regulatory approval from the Sweden’s gambling regulator.
Announcing the achievement, Mr. Badalyan said, “This has been a long and arduous road, we feel honored to have regulatory OK from the Swedish Gambling Authority. Operator partners will be able to benefit from BetConstruct’s software in a secure and reliable environment and as seamlessly as in other regulations.”
Apart from the recently granted license from the Swedish gambling Authority, BetConstruct presently holds licenses from the UK Gambling Commission, the Malta Gaming Authority, the French gambling regulator ARJEL, in addition to the gambling regulators of Romania, Italy, South Africa and the Isle of Man.
The gambling software provider offers a wide range of iGaming and sports betting software products. Its sportsbook offers its customers’ as many as 45,000 live matches which it makes available in as many as twenty languages. In addition, it delivers sophisticated virtual sports and eSports products. Its casino offerings feature nearly 6,500 games that come from the company itself and its numerous content partners. The company’s portfolio includes live casino products, poker, skill games, keno and various other solutions as well. BetConstruct’s virtual sports portfolio currently includes eight games.
BetConstruct’s latest license granted by the Swedish gambling authority has come as the newest of a host of regulatory announcements made by the company in the recent past. Last month, the company obtained license from the Malta Gaming Authority for offering its in-house developed virtual sports games. Its latest license enables it to deliver the aforementioned games under its own license as well as to offer virtual betting to operators licensed by the Swedish gambling regulator under turnkey, white label or API solutions.
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