Betkwiff, the Malta-based sports betting service, has renewed its B2C Isle of Man licence with the tier-one regulator.
The Isle of Man Gambling Supervision Commission has rigorous testing and strict standards in AML and player protections, with this licence kwiff expects to open up opportunities for international traffic in emerging markets that do not have direct local regulatory regimes and ensures those players benefit from the security of the GSCs supervision.
Isle of Man’s reputation as a leading jurisdiction and forward-thinking approach to regulation is said to align with kwiff’s unrelenting commitment to deliver fair, legal and responsible gaming services that always place the customer first.
Betkwiff’s CEO, Charles Lee, commented: “We’re pleased to renew our Isle of Man B2C licence which demonstrates we adhere to the highest possible industry standards. The business has a rock-solid foundation in place to ensure we’re well placed to deliver on the next growth stage.”
Kwiff is a “revolutionary” sports betting product that encourages bettors to follow their instincts. Any bet placed, regardless of sport, odds or stake could be “supercharged” at the moment the bet is placed.
The company was founded in 2015 and the betting site is operated by Kwiff Limited. Based in Malta, Kwiff holds licences under the UK Gambling Commission, the Isle of Man Gambling Supervision Commission and Ireland.
Online betting is now more popular than ever, and all across Europe, users can sign up to licensed and trusted betting sites in Malta
Carmelo Romano, the former CTO, has transitioned to a consultative role within the company