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March 17, 2024

Strive Gaming's Strategic Expansion: Securing a New Interim Supplier License in the US

Emily Thompson
Written byEmily ThompsonWriter
Researched byPriya PatelResearcher

Key Takeaways:

Strive Gaming's Strategic Expansion: Securing a New Interim Supplier License in the US
  • Strive Gaming has obtained an Interim Supplier License, marking its entry into another iGaming state in the US.
  • The company's CEO, Max Meltzer, highlights this achievement as a testament to their commitment to regulatory compliance and excellence in iGaming and sports betting.
  • Strive Gaming aims to leverage this opportunity to strengthen its presence in the North American market, backed by recent funding from OpenBet.

Strive Gaming has just made a significant leap in its expansion journey across the United States with the acquisition of a new Interim Supplier License. This strategic move not only allows the company to enter another iGaming state but also sets the stage for further growth and development within the industry. Casino Guru News got wind of this development through an email press release, marking a pivotal moment for Strive Gaming as it continues to navigate the complexities of the US market.

Since this week, the doors of the Keystone State have been opened for Strive Gaming, granting the company the authority to partner with regulated and legal brands. This development follows closely on the heels of the company's successful entry into the Michigan iGaming market, showcasing a pattern of strategic growth and market penetration.

Max Meltzer, the CEO of Strive Gaming, expressed his enthusiasm and optimism regarding this new milestone. The licensure not only covers an Interim Authorization for iGaming but also includes a Sports Wagering Manufacturer License in the state. Meltzer remarked, "This milestone follows our Michigan state license a few months ago and continues to reflect our dedication to regulatory compliance and our ongoing efforts to deliver a best-in-class iGaming and sports betting PAM solution."

Looking ahead, Strive Gaming is poised to carry out its mission statement in the new market. The company's goal is to provide potential partners with an omnichannel iGaming platform that fully meets their needs, thereby enabling them to fortify their market presence. This achievement serves as a crucial stepping-stone for Strive Gaming as it seeks to gain a stronger foothold in the North American market and the gambling industry at large, an endeavor that is becoming increasingly vital for companies aiming to remain commercially viable.

The recent funding round led by OpenBet has equipped Strive Gaming with the necessary resources to pursue further licensure, demonstrating the industry's confidence in the company's direction and capabilities.

Strive Gaming is not the only company eyeing growth in the US market. Supremeland Gaming, an online casino supplier known for its innovative international slot games, has also secured a license in West Virginia this week. With existing licensure in Pennsylvania and New Jersey, Supremeland Gaming is equally committed to expanding its footprint in these jurisdictions.

However, not all companies are looking to make their mark in the United States. On the operator side, several firms, including Kindred Group and 888 Holdings, have either withdrawn from the market or are considering doing so, highlighting the diverse strategies and outcomes within the industry.

As Strive Gaming embarks on this new chapter, the company's focus on regulatory compliance, market expansion, and delivering top-notch iGaming solutions remains clear. With a solid foundation and strategic vision, Strive Gaming is well-positioned to navigate the evolving landscape of the US iGaming and sports betting market.

(First reported by: Casino Guru News)

About the author
Emily Thompson
Emily Thompson
About

Emily "VegasMuse" Thompson is a seasoned online casino enthusiast from down under. With a keen eye for details and an inherent knack for strategizing, she has turned her passion for the online casino world into a successful writing career.

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