Online sports betting operator GentingBet, (Genting Malaysia) has planned to expand its European profile by applying for a Spanish casino and sports betting licence.
The operator intends on going live in the market by the end of this year. The move comes after a company statement revealed that GentingBet was well positioned for expanding into the Spanish market.
Jeremy Taylor, Managing Director of Genting Online praised the expansion plans and said: “Gambling is an important part of Spanish culture. The country is of significant size, has one of the highest per capita spend in Europe and has consistently grown during the past 10 years or so.
“Genting is a huge global business with a significant UK casino estate and has big ambitions for its mobile, live casino and sportsbook products. We believe GentingBet’s wonderful heritage, social responsibility focus, live casino expertise and comprehensive betting and gaming suite will resonate well in Spain – as it will other European markets.
“Having recently opened our new Interactive Headquarters in Malta, we are now perfectly placed to capitalise on the opportunity that the European online market presents.
“We have therefore taken advantage of the one-year window offered to operators and submitted the application to Spain’s Dirección General de Ordenación del Juego (DJOJ) regulatory body. If successful, we hope to roll out in Q4 of 2019.”
The Genting Group launched its first online casino in 2008, while the Genting Bet sports book was launched in 2013. It has over 50 years of gaming experience and covering all main product verticals such as casino, live casino and sports betting.
Genting Casino UK announced it was restructuring its gambling division in 2018, having appointed Alison Brincat as the group’s new affiliate marketing lead, as well as Jeremy Taylor as interactive managing director.