Mobile-lottery betting specialists Lottomart have earned approval from the Gibraltar authorities to operate casino gaming and betting in the territory, where they have their headquarters.
Lottomart was set up in 2017 by an igaming entrepreneur and has been developing its technology platforms and customer-facing mobile apps. Last year, they were successful in earning a licence from the UK Gambling Commission and the Gibraltar licence will improve their market share and also provide a reputational boost in a competitive industry.
Speaking about the approval, the Gibraltar Gambling Commissioner, Andrew Lyman, said that the Commission applies strict standards on all companies hoping to earn a licence in the territory, and that Lottomart had successfully met the licence requirements:
The team at Lottomart have demonstrated a clear understanding of their obligations and underpinned this with good process; supported by effective regulatory technology.”
The CEO of Lottomart, Ashley Lang, said that the company was committed to offering online players a safe and trustworthy gaming experience. He also paid tribute to law company Isolas, who assisted Lottomart throughout the licence application process, saying that they enabled Lottomart to meet the high standards imposed on Gibraltar operators to successfully earn their licence.
Andie Hughes is a UK-based freelance betting and gambling writer with over a decade of experience in the industry, having written for Betfair, ESPN, Boylesports, Sporting Life and various other popular betting sites. Contact Andie at email@example.com.