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Approved: Greentube Given Go Ahead to Operate in Connecticut

Joe Calvin by Joe Calvin
August 1, 2024
in News
0
Connecticut
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Greentube, the Austria-based NOVOMATIC Digital Gaming and Entertainment division has been awarded an Online Gaming Service Provider license from the Connecticut Department of Consumer Protection. 

Online casinos and sports betting have been regulated in Connecticut since October 2021. Meanwhile, Greentube’s entry into Connecticut marks its third US jurisdiction entry, as it also holds license to operate in New Jersey and Michigan.  Therefore, the issuance of this license in the Constitution State represents the continuation of this provider’s expansion across the increasingly regulated US market.

Without a doubt, this is a great move for Greentube, like many new online casinos and sportsbook operators, the most pivotal step is having a license granted. Once this is greenlit, entering other regulated markets within the region should be more straightforward.

Entry Into the Remaining US iGaming Markets – A Matter Of Time 

In fact, Greentube is looking forward to continuing penetrating the US iGaming market, with its next market destination being Pennsylvania. As to the remaining regulated iGaming markets in the US, i.e Delaware, Massachusetts, Nevada, and West Virginia, the provider is positive that entering them is only a matter of time.

The company is very keen on having iGaming legalized across the country, especially since it envisages furthering its operations in the US. Another reason for the provider’s interest in the legalization of iGaming in the States is the major potential for its growth there, especially since it is determined to conquer all the regulated online casino markets in the region.

Major Growth Potential 

In his comments about the latest expansion, Michael Bauer, CFO and Chief Games Officer at Greentube, said that adding a new US state license was a further milestone in the company’s business trajectory: 

“North America continues to be a key region for us and in gaining a third US state license, we have achieved an important step in our growth journey.”  

This only goes to highlight this company’s current strength, which is further reinforced by its ability to network and collaborate, as evidenced by its recent joint venture with the Flamingocatz studio and the acquisition of US development studio Present Creative. 

Through its collaborations, Greentube managed to consolidate its content development capabilities, with Michael Bauer highlighting his belief that the company is “well-placed to serve the market with premium content.”  

A Massive Portfolio Of Games For Connecticut Players

Connecticut players can expect to have access to a broad catalogue of titles once Greentube signs partnerships with operators in the Constitution State. Before long, this provider should be teaming up with locally licensed operators in Connecticut to bring its massive portfolio to bear.

The games in their catalog have already been well-received by players in New Jersey and Michigan, with titles including Diamond Cash™: Mighty Emperor, Diamond Cash™: Mighty Elephant, Diamond Cash™: Mighty Sevens, and Diamond Cash™: Oasis Riches. 

Bauer emphasized the company’s anticipation of bringing US players outstanding content to indulge in, with items from the library being specially tailored for them, promising a superior and undisturbed player experience.

Tags: Connecticut

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