This story was published more than 5 years ago.
Fantasy sports developer Scout Gaming announced this week that they've been granted a business to business license from the UK Gambling Commission, allowing the company to provide their products to operators in the country.
The license will allow Scout to get a foothold in one of the world's most active betting markets, and comes after the company was granted a B2C license from the same jurisdiction. Scout provides fantasy sports solutions, including daily, seasonal, score predictors, and more. The group has offices in Malta, Sweden, Norway, and the Ukraine.
Commenting on the licensing Scout Gaming CEO Andreas Ternstrom said, "We are delighted to have been awarded a B2B license from the UKGC allowing us to address yet another regulated market with great potential. Scout is a recognized leader in B2B solutions for Fantasy Sports and Pool Betting. To date we have signed 12 license agreements with operators, several of which with existing operations in the UK where they now can introduce our services."
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Comments
It's a big deal for every company in the branch and online gambling business general being granted with a UK gambling license, I guess it's now up to the company itself to make the most of it.