It has been announced that the subsidiary of BetConstruct that operates its business to consumer arm; Vivaro, has obtained its Spelinspektionen license, meaning that it now has permission to operate in Sweden.
In issuing the license, the Swedish Gaming Authority has granted legal permission for the firm to provide sports betting and online gaming services until June 2023 via the subsidiary’s brands Vbet and Ohmbet.
The latest license obtained by the company is the third following the securing of licenses from the Malta Gaming Authority and UK Gambling Commission.
Vigen Badalyan of BetConstruct commented on the latest license:
“While this has been a long and arduous road, we are honoured and excited today to have the approval of the Swedish Gambling Authority.
BetConstruct 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”
The gambling market in Sweden is one of the strictest in the world so the license from Spelinspektionen marks a large milestone in BetConstruct’s gambling history.
BetConstruct currently offers over 50 different products and already holds more than 15 gambling licenses around the world.
The firm’s most notable products include: sportsbook, esports, virtual sports, casino suite with over 6000 games, live casino and skill games such as Backgammon and Chinese Poker.
Among the partners already on board with BetConstruct operating in a number of jurisdictions are: Microgaming, Playtech, NetEnt, Yggdrasil, and Greentube Novomatic.