BetBoom, a high-tech betting holding company, has taken another step towards expanding its international operations by submitting an application for a license to operate in the Brazilian market.
The company complied with the application rules within the stipulated deadline, on August 20. BetBoom was designated as number 69 on the list of license candidates.
Company has already obtained a license to operate in Peru and Mexico
With the deadline closing, 113 licensing requests were registered. BetBoom is expected to begin official operations in the country on January 1, 2025, upon completion of the licensing process.
Founded in 2011, the company offers its users cutting-edge technological solutions in the fields of online betting and esports betting. Thus, the company has already established itself as one of the leaders on the international scene and as one of the major eSports betting houses, being a sponsor of the BetBoom Team and Team Spirit teams.
Additionally, it supports broadcasts of major Dota 2 and CS2 tournaments. Therefore, obtaining a license in Brazil will help the company strengthen its brand and expand its audience. BetBoom has already successfully obtained licenses in Peru and Mexico, reflecting its strategy in Latin America.
BetBoom are experts in eSports betting
“Obtaining a license in Brazil reflects our long-term strategy in this market, our commitment to investing in marketing and various promotional channels in the country”, commented the company’s press office.
“We are committed to operating legally in Brazil, adhering to all legal regulations, demonstrating transparency in business and ensuring the security of users and their transactions,” he added.
In 2022, BetBoom began operations in Latin America, positioning itself as an eSports bookmaker with a wide range of sports and gambling products. The company is a partner in broadcasting several CS2 tournaments in Portuguese, including:
- PGL Major Copenhagen
- CCT
- Yalla Compass
- BetBoom Dacha
- Perfect World Shanghai Major
In July, BetBoom began collaborating with the well-known Brazilian podcast, Flow. In addition to eSports betting, the company’s product portfolio includes classic sports betting and thousands of diverse gambling products.
