SportsBetting.com owner Carousel Group receives MGA licence

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Casino & games Legal & compliance Sports betting Online casino Licensing Online sports betting Carousel’s MGA licence assists the company’s plans to expand as broadly as possible and maximise its market impact since launching its SportsBetting.com and Racebook.com brands in 2019. Regions: Southern Europe Malta Ontario’s government announced last week it would introduce new legislation to end the current online gambling monopoly held in the province by the Ontario Lottery and Gaming Corporation, opening up the market to private operators. Email Address Carousel Group, the igaming startup behind the SportsBetting.com and Racebook.com brands, has received a B2C online sports betting and casino gaming licence from the Malta Gaming Authority (MGA). Licensing “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.” “Receiving our license from the MGA is a major achievement for our company and a catalyst for our future goals,” Carousel Group chief executive Daniel Graetzer said. center_img “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.” The decision to legalise sports betting was made through a statewide referendum held in November 2019. SportsBetting.com launched in Colorado in September this year, through a partnership with Johnny Nolon’s Casino in Cripple Creek. Legal sports wagering launched in the state on 1 May, with an initial four operators going live. With its Malta licence in place, SportsBetting.com aims to expand into new markets such as the Canadian province of Ontario, and other European jurisdictions. Tags: Carousel Group SportsBetting.com Racebook.com 10th November 2020 | By Conor Mulheir SportsBetting.com owner Carousel Group receives MGA licence Subscribe to the iGaming newsletterlast_img

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