Oddin.gg Secures Third US License with West Virginia Approval
Oddin.gg, the esports data and betting services provider has announced it has been awarded a temporary betting license in the US state of West Virginia. This marks entry into a fourth state in North America for the esports specialist.
Oddin.gg expands US presence with West Virginia Esports Betting License
LISTEN TO THIS ARTICLE:The license was approved by the West Virginia Lottery Commission and under the terms of the approval Oddin.gg can supply operators on both online and retail platforms.
Leadership at the esports specialist said they were delighted as they stated the application process was stringent and demonstrates its commitment to complying with the states comprehensive regulated sports betting framework.
We are thrilled to achieve yet another important milestone for 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.
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Oddin.gg Pursues North American Expansion Strategy
In the announcement Oddin.gg states this process is part of the planned expansion of the business. This long-term strategy has seen the esports specialist licensed to operate in the other North American states of New Jersey, Colorado, and Ontario.
The esports market is a rapidly expanding market and the US is at the heart of this sector. The US market is valued at more than $5 billion and leadership at the company believes there is an opportunity to introduce more players to the booming esports market, mirroring the growth seen in USA online casinos.
The esports betting volume is approximately 80 billion USD with 5.5 billion USD revenue at app. 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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