On Wednesday, June 8th, 2022 the world – wide sports betting as well as i – Gaming provider, FSB, has fulfilled their overall transformation into a business – to – business only technology services offeror following the decision to discontinue their white label business.
FSB generated a three – year blueprint to advance their business into a complete end – to – end business – to – business software source sellling their excellent business model following them acquiring a multi – million developmental growth venture from the private equity group in Clairvest back in 2019.
This corporate agreement was reached just after the United Kingdom’s leading independent bookmaker Jennings – Betbecame the final client to exit FSB’s licensed B2C white label business.
This effective advancement comes during a time of major rapid growth for the award – winning tech software provider with their market entry achieved in the United States of America in coordination with several partnerships produced in the recently regulated province of Ontario, Canada and a major Tier – 1 WLA connection in Europe through the Hungarian National Lottery backed SZRT of Slovakia.
“The completion of our three – year journey to become a pure B2B gaming technology and services provider truly heralds a new era for us at FSB.” The chief executive officer of FSB, Dave McDowell, expressed.
“This transformation has been our end goal since we secured major investment from Clairvest in 2019 and over the last couple of years we’ve collaborated closely with our white label partners while they secured independent banking facilities, successfully obtained their own remote operating licenses and ultimately transitioned to assume their own regulatory responsibilities.
Our platform technology products, headlined by our award – winning omnichannel sportsbook, have been the bedrock for our growth over the last 18 months and we now look forward to expanding these trusted services further across regulated markets in multiple global regions in the months and years ahead,” McDowell goes on to say.”