1st of August 2010 Author: Glo Wood
Jeux365 has a useful spin-off for white label sports betting provider
The recent award of a French online gambling licence to Jeux365 has had a positive spin-off for white label sports book provider OddsMatrix, which had to be recognised as compliant with ARJEL requirements before the licence application was successful.
In a statement this week, OddsMatrix notes that the ARJEL accreditation 'â€¦fully acknowledges OddsMatrix' technical expertise and it also means that the company's back end systems and procedures have all been translated and are now ARJEL compliant and accredited to EU rules.'
Stian Hornsletten, CEO of parent group EveryMatrix said: 'We have been working on 'geo-scaling' for quite some time now and it is rewarding to know that OddsMatrix now complies with the newly regulated French market. The OddsMatrix business model is now fully compliant as we look to build on our success further. We have great expectations for the partnership with Jeux365 who are set to launch later on in the year.'
Jeux365 is part of the French digital media firms Sporever and Media365, which have intimated that there are plans to extend the online gambling involvement with poker and sports betting operations on future venues like paris365.fr and poker365.fr.
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