Sportswinbet to focus on the Asian market

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The company, which was admitted to London\’s Alternative Investment Market on June 6 after raising £3m, revelead the progress made towards the objectives set out in its Admission Document.

Sportswinbet has commenced the process of forming a wholly owned Alderney incorporated subsidiary, while it already applied to the Alderney Gambling Control Commission for an Electronic Betting Centre license.

The firm has signed an agreement with Cable and Wireless, which will provide a hosting service, bandwidth and attack mitigation services, and has initiated discussions with a number of potential partners in Asia as to agglomerate opportunities.