- Oddin.gg announced that the New Jersey Division of Gaming Enforcement approved its license application submission
- The B2B company hopes to quickly conquer the NJ market and usher in a new age of US esports betting
- Oddin.gg is slowly increasing its global esports presence by launching its solutions in various markets
The submission of Oddin.gg’s application for a New Jersey license has been approved and the company hopes to swiftly penetrate the market.
Oddin.gg Has Applied for a License
Oddin.gg, a business-to-business provider of esports odds feed, risk management, and iFrame solutions, has just revealed that its gaming license application submission has been accepted by New Jersey’s gambling regulator, the NJ Division of Gaming Enforcement.
By receiving a license to operate in the state, Oddin.gg will be allowed to provide its proprietary technology and esports solutions to betting operators across New Jersey.
Oddin is delighted by the authority’s approval. The company’s chief executive officer, Vlastimil Venclik, spoke on the matter, saying that a major milestone has been achieved. As Oddin has been focused on expansion across the United States, a launch in New Jersey will be highly beneficial to the company.
The Company Hopes to Swiftly Conquer the New Market
Venclik elaborated on Oddin’s vision for its future operations in the Garden State. Oddin stated:
“We intend to penetrate the market swiftly and expertly, both directly as license holders as well as through the existing network of our partners. With the guidance of Becky Harris, senior advisor to the board and former chairwoman of the Nevada Gaming Control Board, our vision is to become the thought leader for our licensed US partners.”
Venclik emphasized that the rising popularity of esports betting in the US is a process Oddin would like to speed up. According to him, the B2B company “aspires to become a catalyst for exponential growth.” Venclik promised that more announcements will come soon.
Oddin is Expanding its Esports Reach
Oddin has been having an increasingly active presence in esports and esports betting. The company recently implemented its iFrame solution to the platform of the Brazilian bookmaker BetMais as the latter hopes to attract more young bettors. In April 2021, Oddin.gg provided its iFrame solution to another bookmaker, namely BtoBet.
As a provider of esports betting technology, Oddin has been highly interested in the developments in esports and the integrity of esports events. Because of this, it collaborated with the Esports Integrity Commission, vowing to help it fight fraud and cheating.