Betdex Becomes First Licensed Blockchain Betting Exchange in Ireland

The British betting firm, Betdex, has been granted a remote bookmaker’s permit in Ireland, supplementing its current license from the Isle of Man acquired in 2022. This designation makes Betdex the inaugural fully authorized and governed sports wagering exchange founded on blockchain technology to function within Ireland.

This fresh permit arrives at an opportune juncture as Betdex broadens its live betting markets for cricket and tennis. Platform users can presently wager on an assortment of other occurrences and results, encompassing set and match victors in tennis, and the quantity of goals and goal scorers in English and European football leagues.

Looking towards the future, Betdex intends to introduce wagering markets for significant sporting spectacles such as the Rugby World Cup, the ICC Men’s Cricket World Cup, and cycling competitions.

Chief Executive Officer Varun Sudhakar conveyed his enthusiasm about introducing Betdex to Ireland, emphasizing the nation’s storied past in sports betting. He contends that this action will not merely furnish Irish citizens with a novel betting platform but also demonstrate the capabilities of blockchain and web3 technologies within the betting sector, potentially forging a path for broader international acceptance.

Im excited to support the return of the Betdex platform to my home country of Ireland. Ireland has consistently been at the forefront of integrating emerging technologies and welcoming progress.