Sportnco enters Greece market with NetBet.gr sportsbook migration

NetBet.gr, the Greek-facing brand of NetBet Enterprises, has been granted both type 1 and type 2 online gaming licenses in Greece by the Hellenic Gaming Commission (HGC). The HGC also approved a supplier’s licence for Sportnco, which recently recorded year-on-year revenue increases for 2020.

Sportnco founder and CEO Hervé Schlosser said: “We are delighted to be expanding our relationship with NetBet, and onboarding NetBet Enterprises on our portfolio of clients.

“This newly-regulated market enables Sportnco to demonstrate its know-how for meeting complex IT and trading requirements and once again we are excited to be expanding our international footprint. We’re really looking forward to developing NetBet’s presence in Greece.”

NetBet obtained its Greek supplier’s licence earlier this year, allowing it to supply its online casino and sports betting products within the country.

Gabriela Arnautu, CEO of NetBet Enterprises, added: “We are very happy to be working with
Sportnco in Greece and look forward to developing this relationship thanks to focused
service and customer management with our sportsbook provider. Greece is a great market
for us and we look forward to continuing our growth there with Sportnco.”

The HGC launched its new regulatory system in January 2020, creating separate licences for online betting and gaming. Other changes include capping slot spending at €2 per spin, and a three-second spin minimum.