GentingBet starts European expansion with Spanish licence application
GentingBet has applied for a Spanish casino and sports betting licence, with the intention of operating in the market by the end of 2019.
A company statement said GentingBet was well positioned for the market opportunity in Spain, with over 50 years of gaming experience and covering all main product verticals such as Casino, Live Casino and Sports betting.
Jeremy Taylor, Managing Director of Genting Online, said: “Gambling is an important part of Spanish culture. The country is of significant size, has one of the highest per capita spend in Europe and has consistently grown during the past 10 years or so.
“Genting is a huge global business with a significant UK casino estate and has big ambitions for its mobile, live casino and sportsbook products. We believe GentingBet’s wonderful heritage, social responsibility focus, live casino expertise and comprehensive betting and gaming suite will resonate well in Spain – as it will other European markets.
“Having recently opened our new Interactive Headquarters in Malta, we are now perfectly placed to capitalise on the opportunity that the European online market presents.
“We have therefore taken advantage of the one-year window offered to operators and submitted the application to Spain’s Dirección General de Ordenación del Juego (DJOJ) regulatory body. If successful, we hope to roll out in Q4 of 2019.”
Genting Casinos UK Ltd is one of the Great Britain’s largest casino operators offering the very best in premium casino gaming, live casino and sports betting via its mobile, apps and website products.
The Genting Group launched its first online casino in 2008, while the Genting Bet sports book was launched in 2013. Both verticals have grown consistently over recent years supported by Genting’s considerable retail estate of 40+ casinos.