Oddin.gg secures Arizona license

(PRESS RELEASE) -- Oddin.gg, a leading provider of esports betting solutions, today announced it has been granted a sports betting license in Arizona. This marks its sixth license in North America and further solidifies its position as the premier esports betting provider in the region.

The news comes as the U.S. esports betting market is experiencing explosive growth, projected to reach almost USD 0.8 billion in revenue in 2024 alone, according to Cognitive Market Research. Arizona’s total sports betting handle since legalization in September 2021 has surpassed USD 18.14bn, with 99% of all wagers placed online.

This latest achievement demonstrates Oddin.gg’s commitment to expanding its footprint across key regulated markets in North America while proving that esports is a vertical with full integrity. With existing licenses in New Jersey, Colorado, West Virginia, Ohio, and Ontario, the addition of Arizona strengthens the company’s ability to deliver cutting-edge esports betting solutions to a rapidly growing audience. North America currently accounts for approximately 40% of the global esports betting revenue, driven by factors such as the increasing popularity of esports, widespread legalization of sports betting, and high internet penetration.

Commenting on the significance of the Arizona license, Vlastimil Venclík, CEO of Oddin.gg, remarked:

“Arizona’s esports community has great potential, and we’re thrilled to partner with operators in the state to provide engaging and entertaining betting experiences. We believe in the potential of esports in the US. In our view, the United States will become the biggest regulated esports betting market globally by 2026, establishing its place as the third or fourth most popular category in sportsbooks’ portfolios. Securing this license not only extends our reach but also demonstrates our dedication to meeting the highest regulatory standards across North America.”

Oddin.gg recently launched BetBuilder, an innovative tool that allows players to create unique combo bets across both esports and eSimulators, offering an unparalleled level of flexibility and engagement. The company’s comprehensive esports betting solutions offer a wide range of features, including:

- Esports odds feed – Delivers the best uptime and highest volume of markets in the industry, covering 21 esports titles in prematch and 18 in live.
- Risk management tools and services – Assists operators in managing liabilities and maximizing profitability.
- Esports betting iFrame – A mobile-first, seamlessly integrated iFrame that enables easy and profitable entry into esports betting for any operator.
- Seamless integration – Ensures compatibility with existing sportsbook platforms, simplifying onboarding.

As the esports betting landscape continues to evolve, Oddin.gg remains at the forefront, providing innovative solutions that drive growth and engagement for operators. The company’s commitment to regulatory compliance and responsible gaming ensures a safe and secure betting environment for all.