Metric Gaming LLC Given the Gold Stamp

In a move which will no doubt change the current UK-based gaming landscape even further, news that wagering software firm Metric Gaming LLC has been awarded a remote gambling license from the UK Gambling Commission has caused a fair share of excited throughout the industry in recent days.

Metric Gaming LLC has been awarded a remote gambling license

Following the amendments made to the Gambling Act in the United Kingdom late last year, Metric Gaming was required to apply for a license in order to continue its trade throughout the country, not to mention several other territories world-over. The new legislation detailed that all of those UK-based operators offering online services to British residents must now possess a license approved via the UK Gambling Commission – severing the commonly used shortcut of seeking licensing from an offshore gambling body.

This vital step has now been successfully completed by the organisation, making it but the latest in a long line of British success stories in the online gambling industry. Douglas Mishkin, the groups senior vice president of legal affairs stated: “attaining the license was a vital step to demonstrate to the market our commitment to regularity compliance. Furthermore it is a testament to the integrity of our business and products.”

Stock price of the company is now set to sky-rocket following the accreditation, with a busy year ahead for the company now looking even brighter as a result of the license. Metric CEO, Peter Bertilsson, has made comment alluding to how precious a market the UK is for his company, given that it is home to so many frequent sports bettors: “by obtaining the appropriate license, Metric can now continue to provide the UK market with cutting-edge innovation.”

Despite this success, a long road lies ahead for the group, as does for any trying to get ahead in what is fast becoming one of the world’s most highly competitive market places.