BetConstruct obtains virtual sports betting license from the Gambling Commission

The supplier holds a licence to offer its virtual sports games to licensed operators through white label, turnkey, and API solutions. The portfolio of virtual games includes Virtual Football Pro, Virtual Football League, Virtual Football Penalty Kicks, Horse Racing, Greyhound Racing, Virtual Bicycle, Marble Racing, and Virtual Drag Racing. BetConstruct is actively seeking approvals for more products and obtained licences for its virtuals and keno products from the Malta Gaming Authority in May 2020. The company has also expanded its partnerships, including a social and sports agreement with the Iowa Tribe of Oklahoma and a strategic partnership with R. Franco Digital in June. Additionally, BetConstruct received a Swedish licence for its white-label subsidiary, Vivaro. In September, they partnered with French casino operator Barrière Group to launch their new online betting platform, BarrièreBet. The latest figures from the Gambling Commission reveal a decline in gaming yield across all verticals in the UK for August 2020. During that month, virtual sports revenue dropped by 16.1% compared to July, generating a total of £6.7m and experiencing a significant decrease of 47.9% from its peak of £12.8m in April.