Buenos Aires has granted Betway License to Operate

Buenos Aires has granted Betway License to Operate

Betway, the online gaming and sports betting brand owned by the Super Group, has announced the completion of the next stage of its worldwide growth. 

The company has been awarded a license to operate in the Argentine capital through its Bingo Pilar partner. 

The organization will be allowed to provide three key products under their new license, which include sports betting, casino gaming, and esports betting. Customers will be able to access the goods through the Betway website as well as the Betway app.

Betway

Betway Company lauds a significant milestone

 Juan Pablo Barahona, the business’s Head of Buenos Aires City, commented on a news release that stated that the company was expanding its operations in the city. In Buenos Aires, where sports is a strong passion, the Betway brand has achieved a significant milestone with the awarding of a license to operate in the city’s autonomous zone. Given that the company’s products are globally well-liked, this is an exciting time for us as they introduce their offering to the people of Buenos Aires.”

Granting the License means More Gaming Operation 

After being granted authorization to operate by the Loteria de la Ciudad de Buenos Aires, Betway has been granted authority to operate in a city with a population of around three million people. They are obviously overjoyed that the Betway brand is now available in the city of Buenos Aires, which has been in the works for a long time,” said Anthony Werkman, CEO of Betway. Furthermore, he stated that Latin America has already shown to be a successful market for them, and that they are delighted to be able to provide their products to the ardent sports fans in Argentina, as the country continues to expand throughout the continent.

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Super Group Growth Revenue last Month 

Super Group announced a good conclusion to 2021 trade last month, backed by the introduction of products in various new regions. However, several numbers fell short of the goals set earlier this year. Super Group said that sales had increased by 45 percent to €1.32 billion (2020: €908 million) in its first full year as a public firm – the company completed its listing on the NYSE in January – in its first full year as a public enterprise. Meanwhile, EBITDA reached €314.5 million, representing a 46 percent rise over the previous year’s performance of €215.8 million, while adjusted EBITDA increased by 60 percent to €289.5 million, compared to €180.8 million the year before.

About Betway 

 

The Betway Group is a major provider of first-class entertainment across a variety of platforms, including sports betting, casino, bingo, esports, and poker, among others. Founded in 2006, we have maintained our position as a leader in the online gambling business by utilizing the most up-to-date technology to give players unique and engaging gaming experiences in a safe and secure environment.

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  • Bet On Traditional Sports + Politics, Esports & Virtual Sports
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About Lou De Aguila

Lou Ramon Aguila is a contributor for Golden Casino News. He has a degree in BSBA Legal Management with great interest in high-profile legal cases involving sports personalities. An ultimate sports junkie, he covers just about everything in the sporting world with an emphasis on the NBA, NFL, and MLB. In his past time, Lou loves to read manga, watch anime and critique pro-wrestling matches.