Carousel Group, the operator of SportsBetting.com, announced that it has received a B2C online sports betting and casino gaming license from the Malta Gaming Authority (MGA).
Thinking about Carousel Group's expansion plans for 2021, the group highlights that this license allows them to have a good position in the event of favorable legislation being passed in Canadian provinces such as Ontario and a wide advertising diffusion in the United States. In addition, the MGA license provides a tax efficient structure for entering European markets in the future.
Carousel Group believes that the Malta Gaming Authority (MGA) is a pioneer in the regulation of online gambling, with a world-class licensing regime that provides confidence to both SportsBetting.com partners and players, as they are dealing with a European licensed operator.
Daniel Graetzer, CEO of Carousel Group, highlighted the importance of this achievement for the company's growth plans and commented:
“After two years of product development and building our team of more than 100 employees, SportsBetting.com is now live in the U.S. and we could not be more excited to compete. We have built a proprietary and hyper-personalized sportsbook that gives bettors the content they want, timely betting information and market-leading pricing and limits."
On the other hand, Graetzer reiterated that they hope to bring SportsBetting.com to more markets, something that will undoubtedly be possible as their “brands become household names in the gaming space, we will make a positive and everlasting impression on the global gaming community."
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