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Insider UK
Insider UK
Technology
Peter A Walker

BetDEX becomes first licensed blockchain betting exchange

Edinburgh-based BetDEX Labs has confirmed that its BetDEX Exchange has been licensed and regulated by the Isle of Man Gambling Supervision Commission (GSC).

This means it becomes the first fully-licensed regulated sports betting exchange on blockchain.

Under the Online Gambling Regulation Act (OGRA), BetDEX has received licensed approval for all forms of online gambling and gaming; including online sports betting.

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