A betting company that provides esport gambling has been granted a sports bookmaking licence by the Northern Territory Racing Commission, it’s chief executive officer has said.
Canadian-based Rivalry Corp’s co-founder and CEO Steven Salz said the licence allowed the company, which also offers traditional sports gambling, to offer gambling across Australia.
“We feel the country’s sports and gaming cultures are a good match for our brand, and we look forward to interacting with current Rivalry fans as well as gaining many new ones,” he said.
“The NTRC’s clearance also shows that we are capable of achieving what are unquestionably some of the world’s toughest regulatory criteria.”
He said Australia had been described as the world’s most valuable betting market per capita, and it was the first regulated market Rivalry had obtained a licence in,
Mr Salz said the company would start doing business in Australia in the coming weeks.
Gaineroo Pty Ltd, operating out of NSW, also obtained a licence at the same time to operate a lottery licence in the Northern Territory.