Pragmatic Solutions Strengthens Position in Malta with B2B License
Pragmatic Solutions, one of the leading API based iGaming Platforms, has further strengthened its foothold in Malta by obtaining the Critical Gaming Supply License from the Malta Gaming Authority (MGA).
The platform was operational and compliant in Malta and the new license enables the company to exercise their B2B rights, making it one of the most reliable iGaming tech suppliers in the region.
The MGA, which recently authorized BetConstruct, deemed Pragmatic Solutions worthy of the Critical Gaming Supply License, since the company respects all the terms and conditions in the Gaming Authorisation Regulations. Pragmatic will be able to operate under the license for the next ten years. The acquisition of the license has opened up the possibility of becoming the leading gaming technology supplier within Malta.
Representatives from Pragmatic say that this license is an enormous achievement for the company, even though they already operated in Malta and that the license opens the door to new long-term partnerships in the territory.
Chetan Pandya, Head of Product said: “This licence is a huge achievement for Pragmatic Solutions. Even though we were already operating in Malta and we were compliant with the regulations in this territory, being fully aligned with the requirements that MGA pushes forward is a big step forward and a proof of our product quality and business approach. A B2B licence opens doors to new, long-term partnerships within the territory, a step that could only lead to expansion for all parties involved.”
Aside from operating in Malta, the developer is also operational in the United Kingdom and Curacao. The company is making plans to enter the Danish, Italian and Spanish markets. It offers a great range of solutions – CRM management, customer support, risk management, compliance management and more, which increase operational efficiency, reduces costs and boosts profits.
More About the Brand
Pragmatic was founded in 2013 as an open, API-based platform. It is able to facilitate the need for rapid development and delivery and provides full flexibility as far as integrating any 3rd party products or service available.
In 2016, first brands went live on its platform and ever since then, more and more operators joined in. It has been accepting new clients since 2018, after certain standards were reached.
The company has over 70 employees and senior engineers with over 400 combined years of online gambling experience. The platform is licensed by the Malta Gaming Authority, UK Gambling Commission, Swedish Spelinspektionen, Curacao eGaming, Danish Spillemyndigheden, Italian Agenzia delle DOgane e dei Monopoli and Spanish Juego Seguro.
Source: “iGaming Platform (PAM) Pragmatic Solutions Expands Further In Malta Under New MGA B2B Licence”. Pragmatic Solutions. May 6, 2020.