The United Kingdom-based wagering firm, Betdex, just achieved a significant victory by obtaining a remote bookie’s permit in the Republic of Ireland. This establishes them as a pioneer, being the first completely licensed and governed blockchain-driven sports wagering exchange permitted to function in Ireland. This is actually their second major triumph, as they already secured an internet gaming license in the Isle of Man back in October 2022.
The timing of this Irish authorization couldn’t be more opportune, as Betdex has just introduced live betting for both cricket and tennis, expanding their already extensive selection of wagering choices. Imagine forecasting the victor of a particular set or match in tennis, or the quantity of goals and goal scorers in football games throughout the English and European leagues. And they’re not finished yet! Betdex has ambitious goals to broaden into even more sports and leagues, encompassing major competitions like the Rugby World Cup, the ICC Men’s Cricket World Cup, and even cycling races.
Varun Sudhakar, Betdex’s Chief Executive Officer, is understandably delighted. He views this as a return to their origins, considering their UK foundations and Irish offices. He highlighted Ireland’s storied past in sports betting and perceives this as a chance not only to provide their platform to Irish residents but also to demonstrate the capability and promise of blockchain and web3 technology. He is convinced that this is a substantial stride towards the worldwide acceptance of web3 betting platforms.
The Emerald Isle has consistently spearheaded progress, particularly in the technological realm. Returning Betdex Exchange to its roots brings immense satisfaction, remarked Nigel Eccles, Betdex’s Chairman.