BetConstruct, which is a company that provides online gambling solutions to the industry, has officially been given a combined remote operating license for the United Kingdom from the UK Gambling commission. BetConstruct received a Gambling Software Operating License from the commission last spring, but this year it has now been grated the combined remote operating license.
The latest news from the UK Gambling Commission is just another feather in BetConstruct’s cap. Not only is it licenced by the UK Gambling commission, but it also holds a Category 2 license from the Alderney Gambling Control Commission. On top of this, BetConstruct has also been awarded Class 2 and 4 licenses from the Malta Gaming Authority. This allows the company to provide its clients with the required assistance for them to be granted permission to operate in different jurisdictions.
The CEO of BetConstruct, Vahe Baloulian, was very happy with the news, saying the new license will help the company to extend its reach in the sports betting and online gaming market. Despite the fact that one could say that the UK market is over saturated, he is confident BetConstruct can use its unique insight and ideas and become a leading innovator. This will attract new business from gambling operators within the UK.
Mr Baloulian was also keen to point out that the company has its headquarters in the UK, which allows the company to study the market more closely. The hope is the new products that are in the pipeline will challenge the UK Market when they come out.
In April 2015, it was awarded a Gambling Software Operating License by the UK Gambling Commission for its sportsbook. The application was brought on by changes to the local regulations that required all suppliers of content in the UK to be awarded licenses by the regulatory body.
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