17 January 2025 – BetConstruct – The first iGaming company in Canada to be awarded B2B and B2C licenses via its sister company, has firmly established itself as an innovator in iGaming. This achievement allows the international gaming and sports betting company to get a foot in the door in one of the most dynamic regulated markets in North America online casinos and on the planet.
An Exclusive for iGaming in Canada
To be legal in Canada you’ll need to pass strict licensing standards that speak to the nation’s support of fair, secure, and responsible gambling. This achievement is a historic one for BetConstruct because no other iGaming operator has previously acquired both B2B and B2C licenses via an affiliate model.
This dual licensing empowers BetConstruct to supply turnkey services to other operators as well as end-user experiences directly to players. This type of configuration speaks to the versatility and fresh approach to market penetration by the company.
Advantages of Dual Licensing
There are some strategic benefits of double-licensing. For BetConstruct, having a B2B license gives the company access to critical technology and platform solutions for other operators in the region. Meanwhile, the B2C license allows customers to communicate directly with the company via their gambling platforms, giving direct access to Canada’s regulated market.
Having these licenses gives BetConstruct a head start, as it provides all iGaming services in one place. This two-pronged solution optimizes the business processes and helps boost trust with Canadian and foreign stakeholders.
The BetConstruct CEO Vigen Badalyan spoke of the achievement: "We’re in the throes of a world changer by gaining B2B and B2C licenses for Canada. It shows that we are dedicated to evolving and innovating with the regulatory landscape. And we are so pleased to support Canada’s burgeoning iGaming industry."
Meeting Canadian iGaming Market Demands
Canada’s gaming market is booming and people are actively looking for sports betting, casinos, and new forms of digital entertainment. But this expansion is also associated with new standards for openness, security, and fair play.
BetConstruct has optimized its processes to fulfill these needs and their B2B as well as B2C products are fully compliant with local rules. Its services are based on the most up-to-date technology for secure, fun, and intuitive gaming.
Along with being compliant with Canadian regulations, BetConstruct follows international standards which set an extremely high bar for others who wish to operate in or be a part of the market.
Industry Impacts
BetConstruct’s licensure milestone is bound to impact the way other operators and providers go about the Canadian market. With its dual license win, the firm has reaffirmed flexibility and conformance in the current regulatory landscape.
This might cause other iGaming companies to change their strategies in the market and may increase competition and innovation in the sector. It also shows regulators and stakeholders that companies can work under the pressure of strict regulation.
It is thought that this could usher in more collaborative and adaptive business models in iGaming, according to industry analysts. BetConstruct’s mix of being both a solution provider and an operator means partnerships can be formed that serve the entire ecosystem.
Extensive Views
The success of BetConstruct in Canada is only one component of a more comprehensive plan to access developed controlled markets all around the globe. This company has always been one that values adaptability and creativity, which has kept it relevant in a very cutthroat sector.
The decision also underlines Canada’s increasingly global casino market. With a mix of operator slack and player security provided by Canada’s law, Canada is now a prime destination for the best iGaming providers.
Future Prospects
As BetConstruct continues to implement dual-licensed operations in Canada, it’s looking to use its experience to enhance player experiences as well as help other operators launch into the industry. Both methods demonstrate the company’s focus on long-term expansion and commitment to being a force in the future of iGaming.
BetConstruct and its affiliate entity will deliver new products and services that are beneficial for players and business partners. With a track record in multiple markets, the company is ideally positioned to ride out Canada’s regulatory landscape and be a market leader.
In Summary
BetConstruct’s dual-license achievement in Canada is a significant milestone, solidifying its position as a leader in the iGaming industry. By being the first to secure both B2B and B2C licenses through an affiliate model, the company has laid the groundwork for innovation and scalability in a highly regulated market.
Curious about more groundbreaking developments in the gaming industry? Discover how RubyPlay Teams Up with BetRivers to Bring Fresh Games to US Players, and explore how partnerships are redefining the future of iGaming!
Source: https://focusgn.com/betconstruct-becomes-the-first-igaming-company-to-offer-both-b2b-and-b2c-licences-in-canada-through-affiliate-entity
