Oddin.gg is actively seeking licenses in an additional eight US states. The esports betting operator has reported significant progress in its expansion plan in North America, with existing licenses in New Jersey, Colorado and Ontario in Canada.
Ohio, Maryland and Kansas have been identified by the operator as key states to expand its presence in the rapidly growing US market.
Vlastimil Venclik, Co-Founder and CEO of Oddin.gg, expressed: “Our pursuit of additional state licences, in partnership with Bill, marks a significant advancement in our mission. We’re not just growing our footprint; we’re innovating and enhancing the esports betting experience, setting new industry standards. This expansion reflects our dedication to providing engaging, reliable, and compliant betting services to esports enthusiasts across the US”.
With regulations varying across states, the US sports betting landscape is evolving rapidly. This complexity makes navigating the legal requirements challenging, but also presents a unique opportunity for innovation and growth in esports betting.
The market is projected to see exponential growth, with an estimated betting volume of around $10bn by 2025.
Oddin.gg chose to partner with Bill Pascrell III due to his extensive experience in politics, law, and industry regulations. He has served as a Counsel to the Governor of New Jersey and as a Passaic County Counsel, and has supported high-profile political figures including Jon Corzine, Frank Lautenberg and Cory Booker. His unique experience is a valuable resource in the area of regulatory affairs.
Pascrell III noted: “It is an honour for me to be retained by the number one choice for esports betting: Oddin.gg. I will be assisting them as outside counsel with licensing and regulatory compliance in North America. Vlastimil Venclik, CEO & Co-Founder and Marek Suchar, Managing Director & Co-Founder are trailblazers in the esports betting market. Vlastimil and Marek have tremendous reach and the best odds feed and risk management as a major B2B provider”.
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