UPDATE 9/26: B2B sports betting service provider FSB today announced it has secured official licensing approval from the Nevada Gaming Control Board. Following a unanimous recommendation from the NGCB on Sept. 8, the Manufacturers and Information Service Provider license was officially awarded Sept. 22.
“Receiving our license in this crucial, critical jurisdiction clearly captures the momentum we’re experiencing as a business at this moment,” said FSB CEO Dave McDowell in a statement.
“We aspire to be part of the long-term sports betting story in Nevada and look forward to embracing this market opportunity and, in the long term, aspiring to disrupt the North America region generally with our Tier 1 tech stack. We are very thankful to the NGCB for their time and attention over this thorough, detailed process.”
FSB Chief Revenue Officer Ian Freeman added that the acquisition of the license is essential to the company’s long-term North American strategy.
“This milestone moment represents a significant step forward towards realizing our commercial goals and communicates a clear message that FSB is stepping into the No.1 global challenger brand slot in B2B sports betting,” Freeman said.
ORIGINAL ARTICLE 9/8: In Wednesday’s Nevada Gaming Control Board meeting, igaming and sports betting supplier FSB was unanimously recommended in a public hearing for licensing approval.
The awarding of the Manufacturers and Information Service Provider license will mean FSB can offer partners their sports wagering and icasino services within the world-famous grandfather sports betting state in the US.
“Commercially, we identified Nevada as a key strategic state for FSB. Our product capabilities and the market opportunity are very well aligned. […] This milestone represents a significant step forward towards realizing our commercial goals,” said Ian Freeman, Chief Revenue Officer at FSB.
Dave McDowell, Chief Executive Officer at FSB added: “We aspire to be part of the long-term sports betting and igaming story in Nevada and North America generally and this licensing application clearly communicates our deep ambitions. Securing regulatory approval in Nevada is a true trust stamp on the quality of a service provider and as a Tier 1 supplier with a laser focus on key regulated global markets this is a jurisdiction we simply have to be present in.”