Betzest Granted Several Licenses by Malta’s Gaming Authority, Sets Crosshair on New Markets

Betzest Granted Several Licenses by Malta’s Gaming Authority, Sets Crosshair on New Markets

Betzest, one of the fastest growing online casinos in the industry, has just been granted several important business licenses by Malta’s Gaming Authority.

With these in hand, the operator has received a green light to expand into new regulated markets governed by the MGA.

Spreading Like Wildfire:

The still-young online casino and sportsbook operator, has been on a spree of strategic content deals and partnerships ever since it was founded in late 2018. This brand has grown to become a leading gambling company thanks to an impressive network of providers it’s working with. Its portfolio of available content includes a wide range of top tier studios such as Microgaming and others.

2020 has started off more than well for the operator. Namely, the company has applied for several licenses with the MGA to include a B2C license, Sports Betting, and Casino license. Today they’ve announced that…

…their applications were officially approved by the MGA. This is a monumental development for this company as it can now enter a whole array of new regulated markets.

Comments:

Marius Filip, Founder/CMO at Betzest, was eager to share his comment regarding this news: “We’re thrilled to have received MGA License seal from Malta Gaming Authority, one of the most reputable and trustworthy regulators. We will continue offering Sportsbook & Casino entertainment to our players now under MGA™ license ensuring fully legal, safe and secure online gaming environment. We see it as the biggest milestone in Betzest™ rapid expansion into EU and international markets. We’ve had an extremely pro-active start to 2020 with a remarkable collection of world-class casino and payment providers on the way. I’m certain the best is yet to come.”

Tiago Almeida, CEO at SportingTech, has also chimed in: “MGA is one of the top authorities in iGaming regulation. Acquiring its prestigious License is a significant milestone for any operator and provider. The issuance of B2B License brings additional value to the Sportingtech brand, organization, and access to the new regulated markets. We are very excited and proud to see our client and partner Betzest go live with newly acquired license in Casino and Sportsbook verticals.”

Cihan Onerci, COO at Betzest said: “MGA license is one of the most reputable licenses all around the world. Operating with the MGA license is a massive accomplishment and milestone for our brand. All our services and operations are authorized with the MGA license. Betzest’s main aim is providing high standards and diversity of games to our players. MGA license will help us to empower our aim to realize it.”

About the Operator:

Betzest was founded in 2018 by a group of industry veterans who wanted to bring something fresh to the market. Ever since then, it has been expanding at a rate that has…

…caught everyone in the industry by surprise. The company has grown exponentially to offer what is arguably one of the most diverse portfolios of online slot games and sports betting services currently available.

With that said, the team behind this brand is showing no signs of slowing down in their quest to conquer new markets.

Source: Miller, George. “Online Sportsbook and Casino BETZEST™ goes live with MGA license” https://europeangaming.eu/portal/compliance-updates/2020/01/28/62766/online-sportsbook-and-casino-betzest-goes-live-with-mga-license/European Gaming. January 28, 2020.

Author: Dusan Trifunovic

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