This story was published more than 1 year ago.
Gaming firm Yobetit has announced that they've obtained a Swedish gaming license, allowing them the opportunity to offer their services in the country moving forward.
The licensing will allow Yobetit to offer their casino, lottery, and sportsbetting products to customers in Sweden. Yobetit is based out of Malta and they've been working to expand their services into other markets. It's not known where the company plans to go next, but it's apparent that Sweden will play heavily in the group's future.
Speaking about the licensing Yobetit CEO Nikolai Livori said, "Obtaining a license through Lotteriinspektionen opens a lot of opportunities for Yobetit. Our platform is proprietary which allows us to securely and reliably offer betting, lotteries and casino to Swedish players. The competition is harsh, however, I'm very positive that our fresh portal, being mobile first will attract and fulfill the player's needs for years to come. We are not new in the Swedish market, and understand the needs of both the players and the regulatory body, making it our top priority for the coming months. Our plan is to keep moving forward and accomplish great things as we have done over the past few years."