Esports platform provider Oddin.gg has been granted its fourth North American betting license after being granted a temporary sports betting license in West Virginia. This follows on from licenses previously obtained in New Jersey, Colorado and the Canadian province of Ontario.
According to information from the company, the West Virginia license demonstrates that Oddin.gg offers services that fully comply with the state’s regulatory system, which is known for its rigorous standards and comprehensive framework for sports betting.
The West Virginia sports betting license allows operators to offer both online and retail betting, ensuring broad reach and accessibility for users across the state. The licensing process includes stringent checks on financial stability, operational integrity, and compliance with state laws.
“We are thrilled to achieve yet another important milestone for Oddin.gg,” said Vlastimil Venclik, co-founder and CEO of Oddin.gg.
“Acquiring the West Virginia license strengthens our position in the US market. Combined with new US-based operators becoming our clients, this license marks another significant step in our North American expansion strategy. The work doesn’t stop here; we are actively working on acquiring further US licenses to support both existing clients and future prospects.
“The esports betting volume is approximately US$80 billion with US$5.5 billion revenue at approximately 7% margin. We offer US betting companies a partnership that will allow them to surge opportunities in the booming segment. The new generation of bettors, the fans of competitive gaming, are constantly on a lookout for a solution that will bring them more markets, more live opportunities, higher engagement, simply said, more fun.
“In reward, they offer loyalty and high ARPU to operators that demonstrate understanding and passion for esports. Oddin.gg has both.”
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