Last updated: August 30, 2024
Octoplay, a developer of online casino games, expands its European footprint by securing a Greek iGaming license. This move allows Octoplay to offer its games in Greece’s regulated market, aligning with its growth strategy to partner with Tier 1 operators and meet regulatory requirements across Europe and beyond.
Octoplay is another online casino game developer that has recently ventured further into Europe by obtaining a license in Greece. On Tuesday this week, the company made it known that it had been given the go-ahead by the authorities to offer its services in Greece, a key market in its larger European expansion plan.
This newly acquired Greek license enables and empowers Octoplay to sell its gaming content and services to the licensed operators that operate in the country’s legalized market. This will help Octoplay to avail its existing set of games to a new set of players in Greece and also establish itself profoundly in Europe.
Octoplay’s Greek establishment is part of its operational strategy that aims at deepening its operations in the regulated markets as well as partnering with gambling operators of Tier One. This new step is also a part of the company’s aggressive expansion strategy to bring casino entertainment of the highest level to European countries.
Carl Ejlertsson, CEO of Octoplay, expressed his enthusiasm over the company’s latest achievement: proceeding to acquire a Greek iGaming license. He said that being approved by the license is a significant part of Octoplay’s plans to take its games to operators in regulated markets around the world.
That accomplishment arrives on the heels of several splendid strategic initiatives from Octoplay. At the beginning of this month, it signed a content partnership deal with the Kindred Group, a leading operator that holds a significant presence across multiple gambling jurisdictions.
Under this deal, Octoplay will provide its games to Kindred, which in turn would improve the operator’s product portfolio in the various iGaming jurisdictions. In addition to its expansion plan, Octoplay has recently commenced its operation in the Danish-regulated gambling sector.
This was done with the help of a collaboration with Bejoynd, a company that has been present in the market of online gambling for over two decades. These are a series of plans by Octoplay as the firm seeks to expand its reach to customers in different markets across the world.
A recently received license is a Greek license, and this addition increases the company’s choice of regulatory licenses in different jurisdictions. This new occurrence also comes after other recent regulatory approvals, most notably in Romania, Sweden, the UK, and Ontario, Canada.
The expansion into Greece further demonstrates Octoplay’s commitment to meeting various regulatory requirements and delivering its high-quality games to a broader audience.
By securing these licenses, Octoplay is positioning itself to offer its gaming content to new players in diverse, regulated markets, reinforcing its presence as a leading developer in the global iGaming industry.
