The gambling market of Denmark introduces an entire scope of open doors for the well-known company BetConstruct to extend its worldwide presence.
Gor Mnatsakanyan, the provider's representative, has spoken about the group potentially becoming a huge force in the local gambling space. The executive discussed obtaining a licence, local regulatory changes and plans.
Entering the Danish Industry
According to the official, the company was already focused on its continuous venture into the market of Europe. The Danish sector is one of the most promising these days as the country is quite appealing to new entrepreneurs. Since the local industry grows very quickly, it was a smart, professional choice.
The sector's guidelines are also one of the most extensive, which makes it a trusted collaborator in the EU area. The group is, therefore, sure that its tech advances and proposals can become useful to both seasoned administrators and freshly established companies. The enterprise anticipates investigating various niches with local partners.
Important Goals for the Market
BetConstruct’s essential objective in entering the Danish area is to present the well-developed items that have won plenty of awards to experienced and new partners in the country. The company intends to publicise its most exciting products. This will lead to greater adaptability and chances for gaining income in the quickly developing market.
Alongside the most fundamental items, like sports wagering and offerings related to gambling, the group additionally expects to introduce its proprietary games.
This includes the best content from BetConstruct’s top affiliate studios, like:
- CreedRoomz;
- Pascal;
- PopOk.
With time, the group is prepared to establish itself as a central participant in the local industry.
Difficulties and Challenges in Obtaining a Licence
The representative admits it was a tough yet rewarding set of preparations. In his words, the team contributed a lot of effort to receive the permit from Spillmyndigheden.
The company feels like it is a huge honour to belong to the first line of suppliers in the country to offer:
- a strong sportsbook;
- gaming systems;
- in-house created titles.
Gaining a Danish legal permit became a challenge as it was necessary to fully comprehend the local regulations. Compliance with the rules is crucial, as it lays out the needed steps for getting and keeping a licence.
There was a long process of applying, which required:
- details about the company’s strategy;
- financial information;
- proofs of conducting responsible gaming;
- participation in a fight against AML operations;
- providing data security.
BetConstruct showed its capacity to introduce itself in Denmark. The company demonstrated extensive experience in the business, as it has worked with many regulated markets in multiple European countries before.
For getting a local permit, cautious preparation, exhaustive planning, and huge amounts of time and assets are necessary. BetConstruct effectively conquered these difficulties to get the important document.
Company's Current Offerings
There are a few benefits to becoming an official Danish supplier. Having obtained a licence adds validity to the group's activities. It also builds up the enterprise's credibility among punters and draws in additional clients. Such a step makes a quickly extending market available for operations and allows it to offer different games.
Certification sets out open doors for associating with different organisations in the business if guaranteeing consistent following of local gaming guidelines.
Having a Danish web gambling and operational permit makes the brand more memorable, giving it an upper hand over contenders with no licence. The company is certain that getting this document will assist them with laying out areas of strength in the web entertainment industry and give extraordinary benefits to the establishment.
New Market Plans
The group is actively extending its business into more sectors. The executive told they in the process of acquiring a B2B permit in Ontario. It is also currently hopeful for B2C licences in countries such as the Netherlands and Romania.
The group is in the process of gaining a B2B permit in Sweden. These activities contribute to the general development plan, and the team is anticipating introducing its items to clients in these territories.
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