The United Kingdom-based wagering firm, Betdex, has just achieved a significant victory by obtaining a remote gaming permit in Ireland. This accomplishment marks them as the pioneering blockchain-driven sports betting platform to receive complete regulatory authorization. It’s a momentous occasion, particularly given their acquisition of a comparable license in the Isle of Man in October 2022.
This positive development coincides with Betdex’s introduction of live betting for cricket and tennis, allowing users to wager on aspects such as individual set victors or the number of goals in a Premier League match. They have ambitions to broaden their offerings to encompass additional sports like rugby and cycling, including prominent events such as the Rugby World Cup and the ICC Men’s Cricket World Cup.
Varun Sudhakar, the Chief Executive Officer of Betdex, is understandably elated. He views Ireland, with its extensive background in sports wagering, as an ideal location to demonstrate the capabilities of blockchain and web3 technology. He posits that this represents a substantial stride towards broader acceptance of these platforms globally.
Im excited to support the launch of the Betdex platform in my home country of Ireland. The Irish have consistently been at the forefront of adopting innovative concepts and technological advancements.