Sports News
| Published On Jul 26, 2023 8:55 am CEST | By Ricky Grant

Continent 8 Technologies Makes Grand Entrance into North Carolina Ahead of Online Sports Betting Launch

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Continent 8 Technologies, an Isle of Man-based leader in online gaming infrastructure and hosting, has made its official debut in North Carolina, positioning itself to offer top-tier solutions to local operators just before the state’s regulated market for legal online sports wagering opens in early 2024. With a strong first-to-market strategy across North America, the company is well-positioned to satisfy the needs of operators and ensure they can hit the ground running from the start. In the 2023 EGR US Power Rankings, it is the infrastructure provider of choice for approximately 85% of operators due to its complete array of solutions and unsurpassed regulatory experience.

Governor Roy Cooper signed House Bill 347 into law in June of this year, allowing a maximum of 12 sportsbook operators to offer mobile and online wagering to North Carolina gamers, in addition to the three land-based tribal sportsbooks allowed under current law. The state expects a robust online sports wagering business, with forecasts showing that North Carolinians will bet $6.8 billion by year two, providing roughly $100 million to the state’s revenue by year five.

Continent 8 Technologies has intentionally pursued a first-to-market approach across North America, establishing a presence in 27 US states and plans to expand further. Because the company has painstakingly evaluated the functionality, compliance, and robustness of its infrastructure, its clients enjoy the advantage of going live from day one. The North Carolina opportunity offers operators to access the full range of Continent 8 solutions while benefiting from two dedicated sites within the state, ensuring reliable and efficient customer service.

Continent 8 Technologies’ Chief Product Officer, Justin Cosnett, underlined the necessity of providing operators with seamless access to infrastructure solutions ahead of market openings. This proactive approach enables operators to be completely prepared and functioning right away. Customers benefit from Continent 8’s investment in numerous facilities in each state, including North Carolina, by providing backup and disaster recovery services, ensuring uninterrupted operations.

Continent 8 Technologies’ Chief Revenue Officer, Nick Nally, emphasized the company’s unique regulatory knowledge and experience, which has been critical in delivering its first-to-market approach in the US. Continent 8 has kept up with North Carolina’s regulatory developments thanks to a thorough awareness of legislative growth. As a result, the company can confidently offer its iGaming hosting, connection, cloud, and security solutions, all of which are fully compatible with the regulator’s criteria.

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In the coveted 2023 EGR US Power Rankings, Continent 8’s aptitude for first-to-market efforts, paired with its unrivaled regulatory experience and extensive solutions suite, has won it the distinction of being the infrastructure supplier of choice for nearly 85% of operators.

Ricky Grant

Ricky is a bitcoin enthusiast and understands the significance of cryptocurrencies not just in the iGaming industry but in society. Ricky has a particular interest in the US Casino landscape, and anything related to this. His favorite casino table games are blackjack and baccarat.