Betkwiff, the Malta-based sports betting service, has renewed its B2C Isle of Man licence with the tier-one regulator.
The Isle of Man Gambling Supervision Commission has rigorous testing and strict standards in AML and player protections, with this licence kwiff expects to open up opportunities for international traffic in emerging markets that do not have direct local regulatory regimes and ensures those players benefit from the security of the GSCs supervision.
Isle of Man’s reputation as a leading jurisdiction and forward-thinking approach to regulation is said to align with kwiff’s unrelenting commitment to deliver fair, legal and responsible gaming services that always place the customer first.
Betkwiff’s CEO, Charles Lee, commented: “We’re pleased to renew our Isle of Man B2C licence which demonstrates we adhere to the highest possible industry standards. The business has a rock-solid foundation in place to ensure we’re well placed to deliver on the next growth stage.”
Kwiff is a “revolutionary” sports betting product that encourages bettors to follow their instincts. Any bet placed, regardless of sport, odds or stake could be “supercharged” at the moment the bet is placed.
The company was founded in 2015 and the betting site is operated by Kwiff Limited. Based in Malta, Kwiff holds licences under the UK Gambling Commission, the Isle of Man Gambling Supervision Commission and Ireland.
The group is now positioned as the fourth largest European sports betting and gaming operator in revenue
A viral map shrinking Malta to the Gżira–Sliema–St Julian’s corridor has struck a nerve in the iGaming industry, raising the question: is it just a joke, or an accurate reflection of how expats really experience the island?
Etienne Azzopardi is new Swintt MD after a successful interim period.
MGA confirms current framework is technology-neutral and therefore sufficiently flexible
SOFTSWISS’ solution is built on a fixed-odds framework, giving operators greater control over pricing and margins