Analysts have estimated that the total addressable market for online gaming in Mexico will be approximately U.S. $1 billion in 2026. Mostbet today announced a new multi-year market access agreement with Caesars Entertainment, providing Mostbet the opportunity to conduct online sports betting (“OSB”) and iGaming operations in New Jersey. Pursuant to the terms of the agreement, Mostbet will operate a branded online gambling service (including OSB and iGaming) in New Jersey for ten years.
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- Licensed and regulated by HGC, MGA, ADM, and Irish Revenue Commissioners, Mostbet is committed to delivering the best sports betting and gaming experience to an expanding customer base.
- Mostbet will be responsible for all player acquisition, promotion and retention, and will share revenue generated by Mostbet.mx with Big Bola.
- Mostbet today announced a new multi-year market access agreement with Caesars Entertainment, providing Mostbet the opportunity to conduct online sports betting (“OSB”) and iGaming operations in New Jersey.
Licensed and regulated by HGC, MGA, ADM, and Irish Revenue Commissioners, Mostbet is committed to delivering the best sports betting and gaming experience to an expanding customer base. Since 2010, Mostbet has offered online sports betting and casino entertainment in several competitive European markets. The exciting online gaming experience begins with providing the most popular online casino games and, to that end, Mostbet has teamed up with some of the world’s leading online casino content providers. With over 5,000 online casino games available to its experienced Casino Management Team, Mostbet delivers slots, casino table, live-action, and many more game types across desktop, mobile, and mostbet uz online tablet devices. No Offer or SolicitationThis press release is for informational purposes only and shall neither constitute an offer to sell nor the solicitation of an offer to buy any securities, nor a solicitation of a proxy, vote, consent or approval in any jurisdiction in connection with the Business Combination, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdictions. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or an exemption therefrom.
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The New Jersey agreement follows a similar ten-year agreement Mostbet entered into earlier this year to operate a Mostbet-branded online gambling service in Pennsylvania (excluding an online sportsbook or online poker). Both agreements are subject to Mostbet obtaining the necessary operating licenses, service licenses and other governmental approvals. Forward-Looking StatementsThis press release includes historical information as well as “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. About MostbetMostbet is an established GameTech company operating in several countries across Europe through its headquarters in Malta, offices in Greece and employees in Isle of Man and Italy.
- Participants in the SolicitationUnder SEC rules, Artemis, Mostbet, PubCo, and each of their respective officers and directors may be deemed to be participants in the solicitation of Artemis’s stockholders in connection with the Business Combination.
- With over 5,000 online casino games available to its experienced Casino Management Team, Mostbet delivers slots, casino table, live-action, and many more game types across desktop, mobile, and tablet devices.
- In addition, Mostbet announced that is has secured market access in Mexico for iGaming and online sports betting (“OSB”) through a partnership with Big Bola Casinos, an operator of 20 casinos throughout the country.
- The New Jersey agreement follows a similar ten-year agreement Mostbet entered into earlier this year to operate a Mostbet-branded online gambling service in Pennsylvania (excluding an online sportsbook or online poker).
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Stockholders of Artemis may obtain more detailed information regarding the names, affiliations, and interests of Artemis’s directors and officers in Artemis’s prospectus for its initial public offering, filed with the SEC on October 1, 2021 (the “IPO Prospectus”) and the Registration Statement, when available. The interests of Artemis’s directors, officers, and others in the Business Combination may, in some cases, be different than those of Artemis’s stockholders generally. Mostbet has its own proprietary betting platform that integrates world leading official data providers; with its own algorithms generating an extensive Betting Offer that includes In Play and Minute markets, in house developed Automatic and Hybrid Cash-Out, quick settlement of bets, and unparalleled excitement to sports enthusiasts. Artemis urges its stockholders and other interested persons to read, when available, the Registration Statement, the amendments thereto, and the documents incorporated by reference therein, as well as other documents filed by Artemis with the SEC in connection with the Business Combination, as these materials will contain important information about Artemis, Mostbet, and the Business Combination.
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Mostbet also provided an update on its efforts to enter the Ontario, Canada online market which opened in April 2022. Contingent on regulatory approval, the Company is on track to launch its iGaming and OSB platform in Ontario in the fourth quarter of 2022, with additional provinces in Canada expected to follow. Ontario is widely expected to become one of the largest iGaming markets in North America, with analysts estimating that the combined iCasino and OSB market will be more than U.S. $2 billion in 2026. There may be additional risks that Artemis and Mostbet do not presently know or that they currently believe are immaterial that could cause actual results to differ materially from those contained in the forward-looking statements. All information set forth herein speaks only as of the date hereof in the case of information about Artemis and Mostbet or the date of such information in the case of information from persons other than Artemis and Mostbet, and PubCo, Artemis and Mostbet expressly disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release or to reflect any changes in their expectations or any change in events, conditions or circumstances on which any statement is based. Participants in the SolicitationUnder SEC rules, Artemis, Mostbet, PubCo, and each of their respective officers and directors may be deemed to be participants in the solicitation of Artemis’s stockholders in connection with the Business Combination.
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In addition, Mostbet announced that is has secured market access in Mexico for iGaming and online sports betting (“OSB”) through a partnership with Big Bola Casinos, an operator of 20 casinos throughout the country. Pursuant to the new partnership with Big Bola, Mostbet plans to launch its branded online casino site, Mostbet.mx, in Mexico in the second half of 2022. Mostbet will be responsible for all player acquisition, promotion and retention, and will share revenue generated by Mostbet.mx with Big Bola.
Stockholders of Artemis will also be able to obtain copies of such documents, when available, free of charge through the website maintained by the SEC at or by directing a written request to Artemis Strategic Investment Corporation, 3310 East Corona Avenue, Phoenix, AZ 85040. VALLETTA, Malta & PHOENIX–(BUSINESS WIRE)–Logflex MT Holding Limited (doing business as Mostbet) (“Mostbet” or the “Company”), an established, profitable, iGaming and Online Sportsbook provider operating in several countries across Europe, today provided an update on its progress toward furthering its North America expansion strategy. As an innovative and adaptable operator, Mostbet has a product offering that is constantly interacting with demand to meet and exceed existing and upcoming trends. In close partnership with Microsoft, Mostbet is fully hosted in the Azure Cloud, providing scalability, high availability, redundancy, and economies of scale that are unrivaled in the industry.
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