BetConstruct Obtains Isle of Man Software Supplier License

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April 17th, 2019
Back BetConstruct Obtains Isle of Man Software Supplier License

BetConstruct has revealed that the successful conclusion to their Isle of Man software supplier license application has taken place...

...making them one of the first casino software developers to obtain this valuable document under recently reset guidelines by Isle of Man Gambling Supervision Commission (GSC).

The company will, as a result of this endeavor, have its betting and gaming solutions added to Isle of Man GSC game register.

A Proactive Response

Back in February, GSC rolled out a new B2B software supplier license...

...which promises streamlining the application process for gambling businesses to operators. The new license can also create opportunities for cooperation offering services across the world's regulated markets. The acquisition of this particular license frees BetConstruct from having to go through the content testing process.

That's precisely what head of eGaming at Isle of Man's Department for Enterprise, Tony Ure, wishes to underline:

The Isle of Man has continued to have a proactive response to the industries demands, and the software licence has been very well received. We welcome BetConstruct to the Isle of Man.’ As a result of being awarded this latest green-light, BetConstruct products will require no more additional testing, with this capability and speed also set to “facilitate greater cooperation with operators on a global scale.”

Broadening of Reach

BetConstruct, which recently had Tom Horn titles delivered to it, comments that this territorial entry will contribute to it expanding its reach to more jurisdictions...

...but will also provide a chance to work closely with FastShift payment platform in order to gain faster and better software gaming solutions.

The company's gaming group product manager, Edgar Mkrtchyan, says that the acquisition of the Isle of Man license proves the company's commitment to delivering excellence in the “provision of gambling products and services.”

“The unparalleled benefits of the Isle of Man software suppliers licence will enhance our ability to deliver the full-service spring platform, and complete suite of products in the shortest possible time.”

Partnership With Vivo Gaming

Head of corporate development at SMP Partners, Jade Zorab, says that he is proud to have supported BetConstruct through the entire process, and that attracting an applicant of this calibre is a testament to the Isle of Man software license advantages.

BetConstruct has struck two very important deals in the last couple of months...

..first, by extending an existing deal with Wazdan through their Maltese hub, BetConstruct Malta, where the two brand swill work together on developing and implementing top-notch content.

The second and most recent alliance this year came with last week's announcement of multi-year content partnership with Vivo Gaming which will integrate their live dealer table games and video slots.

“Our goal is to provide the best possible product to our operator. We are glad to partner with Vivo Gaming and add their cross-platform slots and live casino games to our gaming suite,” said Mkrtchyan.

Source:

BetConstruct receives Isle of Man's B2B software supplier license, yogonet.com, April 15, 2019.

“the acquisition of the Isle of Man license”

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