SoftBet To Expand Licensing Jurisdictions – New Jersey, Portugal and Ontario!

The Soft2Bet aggregator, known for hosting live casino bonus casinos is applying for Ontario, Portugal, and New Jersey B2B iGaming licensing. (Photo by Greg Rosenke on Unsplashy) (Roulette)

The online casino aggregator Soft2Bet plans to extend its licensing portfolio.

New Jersey, Portugal, and Ontario are all on the aggregator company’s radar.

The move will extend the aggregator’s reach offering its services to operators in new jurisdictions. Additional licensing options will also be available to existing customers who may want to expand their online casino’s reach.

For those of you not in the know, Soft2Bet’s main product is offering a fully functioning online casino platform out of the box.

This white-label platform (in-house platform) allows operators to sign up and fire up online slots, live casinos, virtual sports, bingo, and other online casino gaming lobbies immediately after branding the casino. Operators can also add a sports betting platform.

The full suite of services includes ‘In-house Platform’, ‘In-house Casino solution’, ‘Sports Betting solution’, ‘Payments’, ‘Customer Services’, ‘KYC & RISK’, and ‘White-Label & Turnkey’ operations. Also, think about this. Operators also save the time and effort of having to set up a live chat support team. A fully functional customer services team is already included in the full suite of Soft2Bet services.

How does Soft2Bet plan to move into new jurisdictions? Aggregator platforms offer operators a gambling entertainment solution. Therefore, they are not strictly B2C services but rather B2B. The company must pick up B2B licensing to offer operators its platform in new jurisdictions. However, in some cases, as you will discover, a B2C licensing certification is also required.

Which Markets does Soft2Bet already hold online gambling licensing?

Currently, Soft2Bet casinos mostly operate under Curacao licensing. One of the overriding factors is that Curacao allows live casinos to offer players cryptocurrency bets.

Aside from Curacao, Soft2bet already holds licensing in Curacao, Romania, Greece, Italy, Sweden, and Ireland. The company holds both B2C and B2B licensing for all these markets. I am not entirely sure why due to the B2B nature of aggregators. However, each jurisdiction has different rules, and it could be possible that B2B and B2C licensing is required due to the nature of the aggregator platform’s connection with customers via customer services and the facilitation of IT tech and security that reaches the consumer level.

Which new jurisdictions is Soft2bet planning to gain new licensing?

Right now, the jurisdictions we know Soft2Bet are going, thanks to an interview with David Yatom, the Soft2Bet General Counsel, on Yogonet, the aggregator is seeking licensing in Canada’s provincial iGaming market of Ontario. Also, New Jersey, which seems to be the starting point for most online casino and sportsbetting companies in the US. Also, Portugal is another jurisdiction with domestic licensing Sof2Bet is targeting.

Soft2Bet Licensing

Why is Soft2Bet Curacao live casinos popular?

Although most Soft2Bet casinos do not offer cryptocurrency bonus offers, the platforms offer many currencies where you can pick up some sweet bonus deals, which you will find by reading our experiences of playing at this casino via our live casino reviews area.

You can pick up welcome bonus deals with 10% of your bet on a game valid for bonus betting, contributing to the wagering requirement. If you are a live casino game show player, then games like Crazy Time, Monopoly Live, and Dreamcatcher will contribute 50% of your bets towards the wagering requirement.

Also, many of its casinos offer fiat currency players a weekly 25% cashback on losses playing live dealer games. To make cashback offers even more attractive, the wagering requirement on any cashback is a mere 1x the amount paid back.

Which currencies do Soft2Bet casino accept?

As the casino operators using the Soft2Bet platform, all have access to the same currency options, there are 100s of currency options available. However, it depends on the casino’s target market. For Livecasinocentral, players from Ireland, Canada, South Africa, India, New Zealand, and Australia tend to play at the Curacao casinos.

• Fiat currencies: CAD, EUR, INR, NZD, USD
• Cryptocurrencies: BTC, ETH, LTC, BCH, XRP

Why players from South Africa or Australia should use crypto:  Read our guide on deposit tips to maxmise your bankroll. As many Soft2Bet casinos do not offer AUD or ZAR, you may feel that you want to play using USD, However, our guide shows you exactly why you should find casinos and play casino games using your domestic currency. Alternatively, you can play using crypto if you are into holding cryptocurrencies.

Soft2Bet Online Casinos
(All casino offer Live Casino Bonus Bets + 25% Live Game Cashback)