Continent 8 Technologies has achieved a significant milestone by securing approval as a supplier to sports betting license holders from the Massachusetts Gaming Commission (MGC). This development allows operators and suppliers in Massachusetts to access Continent 8’s robust solutions portfolio, encompassing managed hosting, connectivity, and security tools, including hybrid deployments in collaboration with industry giants like AWS and Microsoft Azure. In anticipation of this approval, Continent 8 initiated operations in Massachusetts with the launch of its state-of-the-art data center in October 2022.
Regulatory Approval and Market Access:
Continent 8 Technologies has been granted approval as a Sports Wager Registrant by the Massachusetts Gaming Commission.
This approval opens the doors for operators and suppliers in Massachusetts to leverage Continent 8’s advanced infrastructure solutions.
Cutting-Edge Technology:
Continent 8 offers a range of services, including managed hosting, connectivity, and security-related tools, positioning itself as a go-to infrastructure provider for online businesses.
The company is known for its pioneering approach across the United States, giving customers a competitive edge in each state’s evolving sports betting landscape.
Market Expansion:
The sports betting market in Massachusetts commenced on January 31, with the online market following suit on March 10.
Continent 8’s timely approval positions it favorably in a market poised for significant growth.
Nationwide Reach:
Continent 8 Technologies has not only achieved success in Massachusetts but also secured approval from the Pennsylvania Gaming Control Board to launch its Gaming Cloud in the state.
The Gaming Cloud is available in 24 U.S. states and Ontario, Canada, underlining Continent 8’s commitment to expanding its footprint.
Revenue Insights:
According to the Massachusetts Gaming Commission, key casinos, including Plainridge Park Casino, MGM Springfield, and Encore Boston Harbor, generated a combined taxable gaming revenue of $100 million in February.
Encore Boston Harbor reported gross gaming revenue of $62.7 million, MGM Springfield reported $23 million, and Plainridge Park reported $12 million.
Continent 8 Technologies’ approval as a sports wager registrant by the Massachusetts Gaming Commission marks a significant step forward in its commitment to serving the expanding U.S. sports betting market. With its cutting-edge technology solutions and a strong presence in multiple states, Continent 8 is well-positioned to continue its growth trajectory and support both operators and suppliers in this dynamic industry.