Oddin.gg has partnered with distinguished lobbyist and gaming regulation expert Bill Pascrell III to provide support as it expands rapidly across the US.
A former advisor to the Governor of New Jersey and instrumental in establishing the online gaming market in the state, Pascrell will help to advise Oddin.gg as it looks to enter new US markets.
Oddin.gg is an esports betting platform that aims to create “a richer, more engaging betting environment”. Its roots are in Europe but it is seeking to be a core player on the US scene.
Bill Pascrell III commented: “It is an honor for me to be retained by the number one choice for esports betting: Oddin.gg. I will be assisting them as outside counsel with licensing and regulatory compliance in North America.
“Vlastimil Venclik, CEO & Co-Founder and Marek Suchar, Managing Director & Co-Founder are trailblazers in the esports betting market. Vlastimil and Marek have tremendous reach and the best odds feed and risk management as a major B2B provider.
“The recent decision to expand the reach into the North American market by pursuing faster licensing in more jurisdictions in the US has generated incredible interest in the ever-growing esports betting market.”
Currently, Oddin.gg is licensed to provide its esports offering in New Jersey and Colorado as well as Ontario. It is now seeking to gain a license in Ohio, Maryland, and Kansas, and five other unidentified states.
The firm requires Pascrell’s vast knowledge and experience of the US regulatory processes and circles to help succeed in this rapid expansion. Citing that the US esports betting volume could be $10bn by 2025, the firm stated its ambition to be at the forefront of this growth.
Vlastimil Venclik, Co-Founder and CEO of Oddin.gg said: “Our pursuit of additional state licenses, in partnership with Bill, marks a significant advancement in our mission. We’re not just growing our footprint; we’re innovating and enhancing the esports betting experience, setting new industry standards.
“This expansion reflects our dedication to providing engaging, reliable, and compliant betting services to esports enthusiasts across the US. We’re excited about what the future holds and are committed to being at the forefront of this rapidly evolving market. We strive to be the leading force dispelling the misconceptions surrounding esports betting and vigilant guardian of integrity not just in North America but globally.”