Betsson granted Greek online casino and sports betting licences

Operator Betsson Group has been granted licences for online gaming and betting in Greece, by the Hellenic Gaming Commission

Operator Betsson Group has been granted licences for online gaming and betting inward Greece, past the Hellenic Gaming Commission.

In the coming weeks, Betsson.gr testament bid sports betting, casino, live gambling casino and virtual sports.

The trademark testament seamster its offering to Hellenic players, emphasising specific products such as Betsson 500k and Betsson+.

Pontus Lindwall, Betsson group AB President and CEO, said: "We are really proud of(p) to have these licences and to welcome Hellenic Republic as Betsson's 18th locally regulated market.

"As inwards other markets, our visual sensation for Ellas is to proffer the topper client receive possible, and we experience partnered with some outstanding gaming suppliers and defrayment providers to augment our offering.

"The Hellenic language gaming securities industry has experient important growing o'er the past years and we control a lot of potential."

In its recent Q1 report, Betsson reported radical revenue of SEK 1.59bn ($190.2m), a 12% step-up from the previous year’s SEK 1.41bn.

Casino revenue also rose 16%, while sportsbook revenue went upwards 2%.

Betsson's ontogeny was not as sizeable as other Swedish firms, such as operator Kindred Group and suppliers Evolution and Kambi. However, this was also because Betsson enjoyed considerable ontogenesis inward 2020, so its overall revenue volumes remain high.

Elsewhere, a subsidiary of Betsson AB, Betsson Perch Investments, acquired 35% of Strive Platform for a number of $6.5m.

Strive Platform is a young iGaming provider headed past ex-Kambi executive director Damian Xuereb and Max Meltzer, who is due to allow Kambi this summer.

The operator's Greek enlargement adds to existing markets, as good as recent launches inwards United Mexican States and elsewhere.