Apr26
Soft2Bet Launches CampoBet For Danish s On Mobile And Desktop
Soft2Bet Expands into Italy, Strengthening European iGaming Presence!
September 23, 2023 Marija D
Soft2Bet is making a major move that will strengthen its presence in Europe!
The prominent B2B provider has made a strategic move by acquiring a Maltese company with an Italian license. This expansion into the Italian market reflects the brand’s desire to offer world-class online gaming services in regulated markets across the globe.
Strengthening Foothold in Europe
The acquisition not only marks Soft2Bet’s entry into the Italian market but also strengthens its foothold in Europe. With a growing portfolio of online gaming brands, it is poised to make a significant impact in this new territory.
One of the crucial aspects of this strategic venture is the company’s active collaboration with the Agenzia delle Dogane e dei Monopoli (), Italy’s regulatory body for online gambling. By working closely with , Soft2Bet aims to ensure full compliance with local laws and regulations, setting the stage for a smooth and legally sound operation in Italy.
As part of its strategic plan, Soft2Bet intends to certify its platform for the Italian market. This certification process will involve rigorous testing and adherence to Italian gaming regulations. By achieving certification, Soft2Bet demonstrates its allegiance to operational excellence and adherence to industry standards.
Becoming a Platform Provider
Following the certification process, Soft2Bet has ambitious plans to position itself as a platform provider in the Italian market. This means not only offering its online gaming brands but also opening up its platform to other operators. This move is significant as it allows the brand to tap into the Italian market’s potential by providing a platform for multiple iGaming brands.
Its expansion into Italy is a win-win situation for both the company and Italian players. Italian gamers can look forward to a diverse range of iGaming experiences, while Soft2Bet can access a new market with substantial growth opportunities.
As the supplier embarks on this Italian adventure, it underscores the company’s dynamic approach to the iGaming industry. By focusing on regulated markets and ensuring compliance, Soft2Bet is positioning itself for sustained success in the European iGaming landscape.
Speaking on this step, David Yatom Hay, Soft2Bet’s General Counsel, said, “We at Soft2Bet are happy to deepen our European presence with this exciting venture into the Italian market. This is yet another example of Soft2Bet’s steadfast commitment to expand its regulatory portfolio. We’re confident that Italian operators will greatly benefit from what Soft2Bet has to offer to the market.”
Source:
”Soft2Bet Takes Aim at Italian iGaming Market Through Strategic Licensing”, europeangaming.eu, September 21, 2023.
Leave a Reply
Related News
This expansion into the Italian market is a significant step for Soft2Bet, and it’s great to see them actively working on ensuring compliance with local regulations!