B2B Sports Betting and iGaming Supplier FSB Opens New Tech Hub in Colombia
The Latin American gaming market place continues to evolve, with growing operations arriving inwards Argentina, Peru, Colombia, and other countries. As it advances, FSB, a world-wide provider of B2B sports betting and iGaming, continues strengthening its post inward the marketplace with a unexampled technology hub inwards Medellin, Colombia.
Colombia’s gaming market place is ane of the top-performing markets in the LatAm region. It has consistently seen improved sales for more than a year, and has attracted a number of planetary and regional operators.
FSB is establishing a technology middle in the state to aid boost and spread out its front inward Colombia. In addition, it is equipping its newly incorporated technology squad with the necessary substance to keep FSB’s ambitions in South America and beyond.
Setting John L. H. Down Roots
In improver to focusing on Latin America, FSB testament also employ the Colombian squad to backing its ontogenesis inwards North America. It late secured a license inward South Dakota, and in March, received approval to operate in Ontario.
The 30-person squad will assist FSB launch more quickly inwards markets that carry greater interest group to the company. In addition, the unexampled squad testament coordinate its efforts with FSB’s planetary teams inward ordering to deliver a cohesive root inwards all of the company’s operating markets.
Opening a new hub inwards the Americas has suit indispensable due to the speedy ontogeny of our client meanspirited inwards Second Earl of Guilford America in the lastly 12 months, as advantageously as our warm ambitions inwards the LatAm region,” said FSB CEO Dave McDowell.
The London-based keep company offers a lay out of solutions for the B2B iGaming segment. It provides in-house and information solutions for a change of sports, and offers a KYC-friendly political platform for easygoing on-ramping. In addition, FSB has a variety of casino games from a keep down of suppliers. This offers greater flexibility to gaming operators.
Changing With the Times
FSB previously offered a B2C gaming solution. However, after realizing at that place was a want for end-to-end B2B gaming options, it switched gears. Three years ago, it began to modulation outside from B2C operations to nidus solely on decent a B2B company.
It received a manus to contact that end when private equity grouping Clairvest invested inwards its future tense trio years ago. When JenningsBet separated itself from FSB in June, the translation was complete.
Part of the conclusion to vary directions came as a termination of a disagreement FSB had with the UK Gaming Commission (UKGC) in 2020. The regulator wanted the society to live responsible for(p) for its white-label operators’ shortcomings.
The UKGC accused FSB of non providing sufficiency oversight of its partners’ activities. This allowed those businesses to go against regulations pertaining to marketing, anti-money laundering protocols, and more. The company settled its differences with the regulator by paying a £634,300 (US$739,086) fine.