FSB could soon allow its partners in Nevada to “carefully curate the exact sports betting experience required for their player base” after being “unanimously recommended” for a license by the state’s Gaming Control Board.
The recommendation – which comes after members of the FSB team attended a Nevada NGCB hearing to seek authorization to provide their services in the key jurisdiction – marks a “significant step forward” in the sports betting and igaming service provider’s commercial strategy.
If awarded a Manufacturers and Information Service Provider license, FSB will be able to supply both its wagering and icasino services across the Silver State.
Dave McDowell, Chief Executive Officer at FSB, said: “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.”
Ian Freeman, Chief Revenue Officer at FSB, added: Commercially, we identified Nevada as a key strategic state for FSB. Our product capabilities and the market opportunity are very well aligned. We are very thankful to the NGCB for their time and attention.
“It has been a very thorough process undertaken by extremely professional people. This milestone represents a significant step forward towards realising our commercial goals.”
Speaking at the SBC Summit North America back in July, Mike Van Ermen, VP of Business Development, spoke in depth about the supplier’s growing momentum in the North American market.
Touching upon FSB’s recent entry into South Dakota and Ontario, Van Ermen explained how entering a new regulated market requires “a lot of expertise, experience and a lot of resources” to ensure you pass the litmus tests set by regulators.