NetBet lands Greece Gaming License
After weeks of waiting, on line casino and sportsbook brands, NetBet have already been granted a gaming license to operate in the Greek market, following the likes of European giant Betsson who secured one just last month.
The Greek on the web gambling industry has exposed significantly lately and this has seen NetBet being quick to want to advantageous asset of this. NetBet will effortlessly benefit from having numerous licenses because of its services to the Greek market, which include for poker, sports betting, and casino services and products.
Each of these is for a short seven-year period, meaning NetBet gets the opportunity to really establish itself as an important force in the Greek on the web gambling market.
Because of this, the first couple of weeks are very important for the business to try and secure a considerable part of the market, that will see them go toe-to-toe with Betsson to try and get players.
With over 4, 000 different titles with regards to iGaming services and products on its site, such as for example slots and casino games, NetEnt certainly has a lot to offer eager on the web casino enthusiasts and as a result, this can behave as a fantastic catalyst.
The approved licenses for NetBet in the Greek market, come under the Hellenic Gaming Commission, and NetBet CEO, Gabriela Arnautu, was understandably upbeat concerning this latest development, indicating that this represents a great chance for the brand to ascertain it self in Greece for a long time to come.
Who are NetBet?
Perhaps surprisingly, the brand has existed since 2001, having been founded in Malta, which throughout the last two decades has firmly established it self as a prime territory in the web gambling industry, with the majority of all big brands being based there.
It has steadily grown during the last several years and especially throughout the last decade, spent some time working hard to make sure its mobile offering for European customers specifically rivals some of its competitors.
Perhaps among their benefits as a brand for customers, is that it is known for having state-of-the-art responsible gambling tools, which is a subject over the last few years has been susceptible to much scrutiny.
Particularly when it involves such aspects as fraud and ‘know your customer’ policies, NetBet has been one brand on the market that has taken significant steps forward to make the site a substantially safe place for its clients.
Additionally, the brand also boasts some of the most high level and pioneering encryption technology as well, meaning customers can be assured once you understand their details are safe and sound, free from any type of outside data breaches.
For Greek players, specifically, who continue to be relatively a new comer to on line gambling accessibility, this will come as an enormous relief. A make of NetBet’s status and recognition will only help enforce this.
Will more brands follow suit in the Greek market?
With the entry of both Betsson and today NetBet in to the Greek market, this might provide significantly of a litmus test for other brands that might be thinking about expanding their offering across Europe.
Already we've seen a number of the others access untapped markets in the Baltic regions as an example and several will be watching the specific situation in Greece with interest. For the likes of British brands like Betfred and Bet365, such market may be an excellent possibility to test the waters with regards to the strategic expansion of their businesses and you will be keeping a close eye on what goes on.
Whether more brands will be looking to enter the Greek market soon remains to be seen and thus, could be watching to observe customers in Greece respond to the entry of a brand with the reputation and credibility of NetBet.
Written for tobjl.info by Adiela de Bruyn on 03-07-2021