SBTech Receives Maltese Class 4 Remote Gaming License
Provider of online activities betting items and services SBTech announced today it is granted a Class 4 Remote Gaming License by the Malta Gaming Authority.
The Maltese gambling regulator is famous to be awarding Remote Gaming Licenses in four classes. Generally speaking, the Class 4 License provides licensees with all the authority to manage and host online gambling operators. Quite simply, it is a B2B gaming license, under which providers play lobstermania slots online of remote gambling software through their very own platforms can provide administration and hosting services to gambling operators.
The Class 4 license by the Malta Gaming Authority comes being an addition to SBTech’s existing licenses from other European regulatory bodies, the UK Gambling Commission included. It will provide the sports betting and gaming provider because of the opportunity to further extend its reach across jurisdictions with free slot machines lobstermania regulated gaming that is remote.
Aside from its current b2B that is malta-based, with NetBet and ComeOn being those types of, SBTech expects to sign extra operators with Maltese licenses within the lobstermania 2 slot game months to come.
Commenting on the latest announcement, SBTech CEO Richard Carter said that it’s part of their strategy to raise the number of regulators they hold licenses from to be able to provide their recreations betting solutions to more clients. The executive also confirmed that along with Malta Gaming Authority officials and SBTech’s own team that is legal the Class 4 License, one which the business is looking to for a while, has fundamentally been secured. Continue reading