On Wednesday, June 8th, 2022 the world – wide sports betting as well as i – Gaming provider, FSB, has fulfilled their overall transformation into a business – to – business only technology services offeror following the decision to discontinue their white label business.
FSB generated a three – year blueprint to advance their business into a complete end – to – end business – to – business software source sellling their excellent business model following them acquiring a multi – million developmental growth venture from the private equity group in Clairvest back in 2019.
This corporate agreement was reached just after the United Kingdom’s leading independent bookmaker Jennings – Betbecame the final client to exit FSB’s licensed B2C white label business.
This effective advancement comes during a time of major rapid growth for the award – winning tech software provider with their market entry achieved in the United States of America in coordination with several partnerships produced in the recently regulated province of Ontario, Canada and a major Tier – 1 WLA connection in Europe through the Hungarian National Lottery backed SZRT of Slovakia.
“The completion of our three – year journey to become a pure B2B gaming technology and services provider truly heralds a new era for us at FSB.” The chief executive officer of FSB, Dave McDowell, expressed.
“This transformation has been our end goal since we secured major investment from Clairvest in 2019 and over the last couple of years we’ve collaborated closely with our white label partners while they secured independent banking facilities, successfully obtained their own remote operating licenses and ultimately transitioned to assume their own regulatory responsibilities.
Our platform technology products, headlined by our award – winning omnichannel sportsbook, have been the bedrock for our growth over the last 18 months and we now look forward to expanding these trusted services further across regulated markets in multiple global regions in the months and years ahead,” McDowell goes on to say.”
Gambling online in India refers to participating in online betting and casino games via websites or apps. The legal status of online gambling in India is somewhat complex and varies depending on the nature of the gambling and the specific state laws.
Many Indian players choose to use international online casinos and sportsbooks that operate legally in their home jurisdictions but may not be regulated under Indian law. These platforms are usually licensed by respected authorities.
Online gambling in India is not explicitly illegal, but its legality depends on state laws and the type of gambling activity. While international online casinos and sportsbooks cater to Indian players, the regulatory framework remains unclear, and players should exercise caution. It is always advisable to use licensed and reputable platforms to ensure a safe gambling experience.
