“Paintings do not prevent that; We are actively working to obtain new U. S. licenses for existing consumers and long-term prospects. “
Sports provider Oddin. gg has expanded its presence in North America after obtaining a transient sports license from the West Virginia Lottery Commission. This license, which allows Array online and retail, marks the fourth Oddin. gg jurisdiction in North America, along with New Jersey, Colorado, and Ontario.
“We are very pleased to take a vital step for Oddin. gg. The acquisition of the West Virginia license strengthens our position in the US market,” said Vlastimil Venclik, co-founder and CEO of Oddin. gg, in the statement.
“Combined with new U. S. -based operators, the U. S. With a number of U. S. expansions that cater to our consumers, this license marks another vital step in our North American expansion strategy. The paintings do not impede there; We are actively working to obtain new U. S. licenses for existing consumers and for long-term prospects.
After state lawmakers passed House Bill 4826 in 2022, esports are legally allowed in West Virginia. Players can enjoy esports at Betly, BetMGM, BetRivers, Caesars, DraftKings, FanDuel, and Golden Nugget. The state is home to nine legal sites. Several odds providers force those sites, adding IGT, Kambi and William Hill.
“The new generation of bettors, competitive gambling enthusiasts, are constantly in favour of a solution that gives them more markets, more live opportunities, more engagement, in other words, more fun. As a reward, they will offer maximum consistency and ARPU. operators who demonstrate their understanding and fondness for esports. Oddin. gg has both,” Venclik added.
The most recent figures released through the West Virginia Lottery in June 2024 revealed that sports earnings in June reached $3. 96 million, of which $3. 3 million came from online sports. Array, giving investors a third consecutive double-digit hold of 11. 9%. Bets in June amounted to $33. 5 million. The state’s total year-to-date profits have topped $25 million, up 25% from the same time last year.
Esports continues to gain popularity in West Virginia, in the southern part of the state. According to local news source WVNS 59 News, colleges across the state are adding esports majors. “Each year, esports increases in price as it becomes popular,” the article notes.
Founded in 2018, Oddin. gg is a B2B esports betting provider that offers an award-winning esports odds feed, 24/7 content, live esports data, and more. The company provides answers for platform and sports betting providers globally, including Betway, Betsson, OpenBet, Stake, and others.