UK-based wagering firm Betdex has obtained a remote bookie permit in Ireland, clearing the path for its cutting-edge platform to engage a nation enthusiastic about sports wagering.
Already the initial fully authorized and governed blockchain-driven sports betting exchange, Betdex views this recent accomplishment as a significant landmark. This follows their prior success in securing a license from the Isle of Man in October 2022, further solidifying their dedication to regulatory adherence.
The timing couldn’t be more opportune: this permit arrives just as Betdex deploys its live betting function for cricket and tennis, two sports that command immense popularity in Ireland. Patrons will also have the ability to explore more specialized markets, such as individual set victors in tennis and the quantity of goals tallied in football matches.
However, Betdex isn’t halting there. They possess ambitious goals to broaden their offerings to encompass major sporting competitions like the Rugby World Cup, the ICC Men’s Cricket World Cup, and even cycling races.
Chief Executive Varun Sudhakar, emphasizing the importance of this expansion, remarked, “Ireland, with its storied past in sports wagering, presents a distinct opportunity for Betdex. This permit not only enables Irish residents to sample our platform but also demonstrates the capability of blockchain and web3 technologies.” He contends this move will further expedite the worldwide embrace of web3 wagering platforms.
The Emerald Isle has consistently pioneered the adoption of novel concepts and advancements, making it a fitting location to establish the Betdex exchange,” conveyed Nigel Eccles, Betdex’s Chairman.