Issued by the British Gambling Commission, the licence will enable HitSqwad to offer its online games to licensed operators in Great Britain.
HitSqwad said the new licence forms part of wider plans to launch its jackpot games in core regulated markets around the world, with its first titles set to go live in Britain via Playzido early in 2022.
The provider is currently developing a series of jackpot themes, each of which will have a family of associated games with a mobile-first focus.
“Securing our British Gambling Commission licence is a milestone moment for HitSqwad,” HitSqwad chief executive Charl Geyser said. “Not only is it our first major licence, but it allows us to launch our content into one of the world’s largest online gambling markets.
“Our strategy going forward is to now secure additional licences in other key regulated markets with the objective being to provide as many operators and their customers with access to our innovative and exciting jackpot games as possible.”
Focused on developing bespoke online jackpot games, Mauritius-based HitSqwad offers its products under royalty agreements to licensed gaming operators or affiliates in markets worldwide.
Chief executive Charl Geyser has spent more than 25 years working within the land-based gaming sector, while director David Axten has operated in financial and capital markets for over 25 years.
Director George Titan has over 14 years’ experience in accounting, specialising in areas such as corporate finance, taxation, strategic planning and company structuring, while Hayden Zwart, general manager of development and operations, has worked in the igaming sector for more than 23 years.