Soft2Bet Secures General Licence for Casino Products in Spain

iGaming provider Soft2Bet has announced a significant milestone: the acquisition of a General Licence for other games in Spain. This development allows the company to offer casino products compliant with the country’s stringent online gaming regulations. Issued by the Directorate General for the Regulation of Gambling (DGOJ), the licence underscores Soft2Bet’s dedication to delivering localized and compliant gaming experiences.

A Key Moment for Soft2Bet’s Expansion

Soft2Bet views this achievement as a pivotal point in its ongoing mission to enhance casino gamification for Spanish players. In a statement, the company highlighted its focus on offering tailored experiences through innovative features and localized content. This approach aligns closely with Spain’s dynamic gaming market, ensuring that player preferences are at the forefront.

The company’s proprietary Motivational Engineering Gaming Application (MEGA) powers its solutions, offering a blend of off-the-shelf and customized options for its partners. By leveraging its experience across multiple markets, Soft2Bet continues to stand out in the competitive iGaming industry.

Highlights of Soft2Bet’s Strategy:

  • Localized Content: Prioritizing features and games suited to the Spanish market.
  • Customization: Offering tailored solutions to meet diverse partner needs.
  • Innovation: Incorporating gamification and player-centric design.

Proven Success Across Markets

Soft2Bet has developed and operated numerous brands such as CampoBet, Betinia, and Don.ro, demonstrating its ability to adapt and thrive in various markets. The company’s business-to-consumer (B2C) experience has been instrumental in driving high-performance outcomes, including increased customer retention and robust acquisition rates.

The results speak volumes about the company’s adaptability and understanding of market demands. Its Spanish debut is expected to further enhance its reputation as a leader in the iGaming space.

Why This Matters:

  1. Market Leadership: Soft2Bet’s entry into Spain adds another key market to its growing portfolio.
  2. Regulatory Compliance: The new licence highlights the company’s commitment to adhering to local laws and responsible gaming practices.
  3. Future Growth: Soft2Bet aims to leverage its success in Spain to enter other global markets, including the U.S.

Commitment to Responsible Gaming

David Yatom Hay, General Counsel of Soft2Bet, described the licence as a cornerstone of the company’s strategy for growth. “Securing this licence in Spain marks a significant step in our ongoing expansion and reinforces our commitment to compliance and responsible gaming,” he stated. Yatom Hay also emphasized the company’s dedication to maintaining industry standards while delivering exceptional experiences for Spanish players.

Soft2Bet’s responsible gaming measures include robust tools and resources designed to ensure a safe and enjoyable gaming environment. These initiatives are vital for fostering trust and building long-term relationships with players and regulators alike.

Expansion Plans Beyond Spain

The company’s ambitions don’t stop at Spain. Soft2Bet is actively preparing to enter additional markets, including New Jersey in the United States. This strategic move is part of a broader effort to establish a presence in highly regulated jurisdictions around the world.

Looking Ahead:

  • U.S. Market Entry: Plans to launch in New Jersey signal Soft2Bet’s readiness to compete in one of the world’s most lucrative iGaming markets.
  • Global Recognition: Recent accolades, such as the “Executive of the Year” award for founder and CEO Uri Poliavich, further solidify the company’s position as an industry leader.

Recognition for Leadership and Innovation

Soft2Bet’s CEO, Uri Poliavich, was recently named Executive of the Year at the Global Gaming Awards. This recognition celebrates his innovative leadership and dedication to creating positive community impacts. The company stated, “Uri’s commitment to innovation goes hand in hand with his dedication to giving back, supporting initiatives that empower communities and create positive change.”

Poliavich’s leadership has been instrumental in driving Soft2Bet’s success. His focus on combining technological advancements with community-oriented initiatives has positioned the company as a responsible and forward-thinking player in the iGaming sector.

Soft2Bet’s acquisition of a General Licence for other games in Spain represents more than just a regulatory achievement; it’s a testament to the company’s growth, innovation, and dedication to responsible gaming. With plans to expand further, including into the U.S., Soft2Bet is poised to continue its trajectory as a leading force in the global iGaming industry.

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