Esports Technologies secures access to UK gaming license

Esports Technologies secures access to UK gaming license

9 December 2021

Global provider of award-winning advanced eSports wagering product and technologies Esports Technologies has secured access to a gaming license in the United Kingdom through an operator services agreement signed along with the $75.9 million acquisition of Aspire Global's B2C assets. 

As part of the deal, Esports Technologies gained 1.25 million deposited customers, the majority of them from UK-focused online sportsbook and casino brands Karamba, Hopa, and Griffon Casino. Other brands acquired include BetTarget, Dansk777, and GenerationVIP. The brands recorded all together wagering of $1.86 billion and $183 million in cash deposits in the most recent 12-month period ending September 2021.

One of the world’s largest gaming markets

The United Kingdom offers one of the world's largest gaming markets. According to the UK Gambling Commission, Great Britain’s gaming revenue from April 2019 to March 2020 was approximately $19.2 billion, with online gaming accounting roughly 40% of that total revenue. "Gaining access to this UK gaming license is a massive strategic milestone for Esports Technologies. We're thrilled about this highly lucrative gaming market, and we look forward to bringing our portfolio of eSports products to the UK”, said Bart Barden, COO, Esports Technologies.

News