News marks another step in company’s North American expansion.
The licence recognises that Oddin.gg provides a service that is fully in line with the state’s regulatory system.
Oddin.gg is already a holder of Ontario and New Jersey licences. The newly obtained permit will extend the company’s reach to provide its award-winning esports betting services in the US market.
Vlastimil Venclik, co-founder and CEO of Oddin.gg, said: “We are thrilled to achieve yet another important milestone for Oddin.gg. Acquiring the Colorado licence strengthens our position on the US market and is another major step in our North American expansion strategy. We have been actively working on the acquisition of further US licences to support both existing clients and prospects in the future.
“With the esports domain in North America projected to witness exponential growth – forecasting a betting volume of approximately $10bn by 2025 – there exists a vast expanse for heightened bettor engagement and an enhanced esports viewing experience. This booming market paves the way for forward-thinking US bookmakers to embrace esports, carving out a unique niche amid their peers. At Oddin.gg, we’re poised to empower such companies with our award-winning tools and services, driving their success and concurrently elevating the stature of esports.”
Oddin.gg remains committed to fuelling the global esports ecosystem with invaluable resources, helping to steer the industry towards unprecedented heights.