Metric Gets Class 4 License from MGA

Metric Gaming is proud to announce that the company has received a Class 4 license from the Malta Gaming Authority.

The B2B sports betting software provider is already licensed in the United Kingdom by the UKGC and is now officially licensed to operate in Malta.

There are a number of deals to follow for Metric after having signed agreements with Betfred, Bethard and Sports IQ last year.

Officials from the developer’s team say that the procurement of this license is an important step in their evolution from a start-up to becoming leaders in the iGaming industry.

“Securing this licence from the MGA is an important step in Metric’s evolution from a start-up to becoming the disruptors-in-chief of an industry ripe for disruption. We have been thrilled by the market’s reaction to our multi-tenant sportsbook proposition, particularly from Malta-based operators. In the coming days we will announce the first Malta-based sportsbook brands that will be launched using our Modulus platform over the next few weeks,” said Martin de Knijff, Metric Gaming’s chief executive.

The license from the Malta Gaming Authority will allow Metric to distribute their products and services to customers which are operational in the Mediterranean jurisdiction.

De Knjiff went on to explain that the Maltese license and new products come after a period of investments in which Metric Gaming secured a $10 million funding round in October 18.

“We are excited to be showcasing the modern capabilities of our multi-tenant platform and each customer will benefit from near total product autonomy from the rest.

“We are confident this unrivalled degree of customisation paired with our superior sports betting products and features will deliver real leapfrog ability for our customers over their rivals,” said de Knijff.

About the Developer

Metric was founded by World Poker Tour champion, De Knijff. The company is now one of the most dynamic independent sports betting suppliers in the industry and their mission is to be the leading mainstream sports betting provider with a reputation of building high quality, bespoke and innovative products.

Source:

“Metric Gaming obtains Malta license”, igamingbusiness.com, December 16, 2019.