Image source: www.spelinspektionen.se
VBet has been granted an online gambling and betting license for its sportsbook and casino products by the Swedish Gambling Authority (SGA).
The SGA license approval now allows VBet to operate in Sweden and supply its licensed products and software to its partners looking for growth opportunities in the regulated Swedish market.
“While this has been a long and arduous road, we are honored and excited today to have the approval of the Swedish Gambling Authority. VBet gets the green light to offer its robust and advanced solutions in the Swedish market, where operators will benefit from our software in a secure and reliable environment and as seamlessly as in other regulations,” said BetConstruct CEO Vigen Badalyan.
VBet entrance into the regulated Swedish market is the technology provider’s latest strategic step, as it extends its global presence across many markets. The SGA license is an addition to the approvals from MGA (Malta), UKGC (UK), ARJEL (France), ADM (Italy), WCGRB (South Africa), GSC (Isle of Man), and ONJN (Romania).