Soft2Bet secures Spanish license for tailored iGaming
The Essentials at a Glance
Soft2Bet, a leading provider in the iGaming industry, has obtained a new license for the Spanish market. With approval from the Spanish gambling authority (DGOJ), the company is now authorized to offer casino products in Spain. This development underscores Soft2Bet’s commitment to regulatory standards and responsible gaming. At the same time, it marks a significant milestone for the company’s expansion in Europe.
Soft2Bet’s Entry into the Spanish Market
The new license allows Soft2Bet to tailor its portfolio of casino games to the needs of Spanish players. According to David Yatom Hay, General Counsel of Soft2Bet, this is a “regulatory milestone.” The company focuses on localized content and innovative features to meet the demands of the Spanish market.
Soft2Bet utilizes its proprietary platform called MEGA (Motivational Engineering Gaming Application), which offers both pre-configured and customized solutions. This technology enables partners to adapt their products individually, addressing various market requirements.
Success Story and Future Plans
Soft2Bet already operates several successful brands, including CampoBet, Betinia, and Don.ro. These brands have achieved strong results in various markets, particularly in terms of player retention and customer acquisition.
In addition to expanding into Spain, the company plans to enter other markets, including New Jersey in the United States. This is part of a long-term strategy to further enhance its global presence.
Award for Soft2Bet’s CEO
Uri Poliavich, founder and CEO of Soft2Bet, was recently recognized as “Executive of the Year” at the Global Gaming Awards. This honor highlights his innovative approach and commitment to social initiatives. Soft2Bet emphasizes that Poliavich’s leadership style aims to empower communities and drive positive change.
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Our Assessment
The new license for the Spanish market is a significant step for Soft2Bet. It not only demonstrates the company’s commitment to regulatory standards but also its ability to adapt to local market conditions. With innovative technologies and a clear expansion strategy, Soft2Bet positions itself as a strong player in the iGaming industry. The combination of localized offerings and a global vision is likely to help the company further expand its market share.
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